On January 8, 2021, Kriptech International Corp. (the “Company”) issued Bassam Al-Mutawa, Chairman of the Board of Directors of the Company, President and CEO, a Promissory Note in the principal amount of $150,000 (the “Note”) in consideration of cash in the amount of $150,000. The Note accrues interest at the rate of 5% per annum and matures January 8, 2022.