RedHawk Holdings Corp (fka SNDD)

[Buttercup5]

3. On July 31, 2020, 2020, the Reporting Person elected to (a) convert 1,473 shares of Series A Preferred stock (the "Series A Preferred") valued, on June 30, 2020, at approximately $1,133.81 per share of Series A Preferred, into 122,730,903 shares of Common Stock, and (b) convert 1,000 shares of Series B Preferred stock (the "Series B Preferred") valued, on June 30, 2020, at approximately $1,248.49 per share of Series B Preferred, into 124,849,365 shares of Common Stock.