Premier entered into a loan agreement dated August 9, 2023 with MPIC Fund I, LP for a secured loan in the principal amount of up to USD 200,000 (the "August Loan"). The August Loan matures on August 9, 2024 and bears interest at a rate of 6% per annum. Premier entered into a loan agreement ("September Loan Agreement") dated September 15, 2023 with MPIC for a secured loan in the principal amount of up to USD 140,000 (the "September Loan").

The September Loan matures on September 16, 2024 and bears interest at a rate of 6% per annum. The August Loan and the September Loan are secured with all of the present and after-acquired property of the Company and rank equally in priority with all of the loans previously made to the Company by MPIC. The August Loan and the September Loan will be used for working capital, including for Premier's partially owned subsidiaries, Purposely Platform Inc. ("Purposely") and MyCare MedTech Inc. ("MyCare") and may be used to acquire an additional interest in MyCare.

The Company is not issuing any securities, or paying any bonus, commission, or finder's fees on the loan. The loan is repayable at any time without penalty. Purposely and MyCare are generating revenue, and the Company expects to receive re- payment of funds from such entities, allowing it to partially repay some of the funds owed to MPIC.

The loan is subject to review and acceptance by the TSX Venture Exchange.