DSG Global Inc (DSGT)

[Gitzstv]

Our current indebtedness as of December 31,
2021, is comprised of the following:



? Unsecured, convertible note payable to a former related party with an outstanding principal amount of $310,000, bearing interest at 5% per annum, mature and in default;

? Senior secured, convertible note payable with an outstanding principal amount of $Nil, and a carrying value of $9,487 relating to an outstanding penalty.


? Unsecured loan payable with an outstanding principal amount of $31,449 (CDN$40,000). The loan is non-interest bearing and eligible for CDN$10,000 forgiveness if repaid by December 31, 2022. If not repaid by December 31, 2022, the loan bears interest at 5% per annum and is due on December 31, 2025;

? Unsecured loan payable with an outstanding principal amount of $31,449 (CDN$40,000). The loan is non-interest bearing and eligible for CDN$10,000 forgiveness if repaid by December 31, 2022. If not repaid by December 31, 2022, the loan bears interest at 5% per annum and is due on December 31, 2025;

? Unsecured loan payable with an outstanding principal amount of $30,115. The loan bears interest at 1% per annum and is due on May 21, 2022, with payments deferred for the first six months of the term;

? Secured loan payable with an outstanding principal amount of $150,000. The loan bears interest at 3.75% per annum and is due on June 5, 2050. The loan is secured by all tangible and intangible assets of Company. Fixed payments of $731 are due monthly and begin 12 months from the date of the loan;

? Unsecured, convertible note payable with an outstanding principal amount of $2,400,000, bearing interest at 9% per annum and 24% per annum in default. If not repaid by December 12, 2021, an additional $100,000 of guaranteed interest will be added to the note and on the 12th day of each succeeding month during which any portion of the convertible note remains unpaid;