$CYBL HAVAS Group S.A.S.
On October 29, 2021, Cyberlux Corporation announced the Company acquired 100% of HAVAS Group S.A.S. in a
transaction comprised of both shares of common stock valued at $0.05, $0.10 and $0.25, and a cash component paid out
over a one-year earnout period. The HAVAS Group management has certain equity incentives for continued renewable
revenue growth to the $30 million annual revenue objective, renewable project implementation milestones and certain
intellectual property development objectives. Cyberlux intends to make ongoing renewable energy property and working
capital investments for further renewable energy business expansion in South America and Europe. In addition, the Cyberlux
ITS business unit office in Miami, Florida is addressing all North American renewable energy projects and is pursuing all
U.S. infrastructure spending opportunities. Further, the Cyberlux ITS business unit is now utilizing the infrastructure
capabilities, renewable energy knowhow and expert resources of the also acquired FBD Group, including its cost structure
advantages, in the North and South American markets