- CIMG Inc. entered into a Convertible Note Purchase Agreement on **August 21, 2025**, for the private placement of convertible promissory notes with certain non-U.S. investors.  **[1527613_0001641172-25-025554_ex10-1.htm:0]** **[1527613_0001641172-25-025554_form8-k.htm:1]** 
- The key terms of the convertible promissory notes are as follows:

| Metric | Q3 2025 |
|:---|:---|
| Aggregate Principal Amount ($USD) | **$4,000,000**  **[1527613_0001641172-25-025554_form8-k.htm:1]** **[1527613_0001641172-25-025554_ex10-1.htm:1]**  |
| Annual Interest Rate (%) | **7%**  **[1527613_0001641172-25-025554_form8-k.htm:1]** **[1527613_0001641172-25-025554_ex10-1.htm:1]**  |
| Maturity Date | **August 31, 2026**  **[1527613_0001641172-25-025554_form8-k.htm:1]** **[1527613_0001641172-25-025554_ex10-1.htm:1]**  |
| Conversion Price ($USD) | **$0.24**  **[1527613_0001641172-25-025554_form8-k.htm:1]** **[1527613_0001641172-25-025554_ex10-1.htm:1]** **[1527613_0001641172-25-025554_ex10-2.htm:1]**  |
| Closing Date | **September 5, 2025**  **[1527613_0001641172-25-025554_form8-k.htm:1]** **[1527613_0001641172-25-025554_ex10-1.htm:1]**  |

- The issuance of these notes relies on the registration exemptions of **Regulation S**, and the company will use commercially reasonable efforts to file a registration statement on Form S-1 for the resale of the conversion shares within **60 business days** after the Effective Date.  **[1527613_0001641172-25-025554_ex10-1.htm:0]** **[1527613_0001641172-25-025554_form8-k.htm:1]** **[1527613_0001641172-25-025554_ex10-1.htm:1]**

CIMG (IMG)