Verus International Inc (VRUS)

[steinmans80]

Bid Price of $0.01. Have a primary class of securities with proprietary priced quotations
published by a Market Maker in OTC Link ATS with a closing bid price of at least $0.01 a) on
each of the 30 consecutive calendar days immediately preceding the Company’s application
for OTCQB and b) as of the date OTC Markets Group approves its application to join
OTCQB.

OTC Markets Group may consider an exemption if there has been no prior public market for
the Company’s securities in the U.S. and FINRA has recently approved a Form 211 relating
to the Company’s securities with a bid price equal or greater to $0.01 or the Company’s
securities are traded on a Qualified Foreign Exchange at a price equal to or greater than
$0.01. An exemption from Section 1.1(3)(a) of these OTCQB Standards may be granted by
OTC Markets Group in its sole and absolute discretion. Any such exemption is conditioned
upon the bid price for such Company’s securities must remain over $0.01 for each of the
Company’s 30 calendar days on OTCQB.