On June 8, 2023, NovAccess Global Inc. entered into a letter agreement (the “letter agreement”) with AJB Capital Investments, LLC (“AJB”). In connection with loans previously provided to the company by AJB, the company issued two promissory notes to AJB dated February 15, 2022 and May 5, 2022 (both as amended by a February 9, 2023 letter agreement with AJB) that were both due on May 9, 2023 for a total of $1,515,000 (the “loans”). The letter agreement extended the due date of these loans to June 30, 2023.