Sharing Economy International issues $74,359 convertible note to Pyram LC Architecture

SHARING ECONOMY INTERNATIONAL INC.

Note purchased for $74,359; principal amount $64,103, convertible into common shares at 70% of 10-day VWAP.
Conversion price based on average closing price for 10 trading days prior to conversion date.
Closing expected on or before February 25, 2022; proceeds for general corporate purposes.
Purchaser is Pyram LC Architecture Limited, a Hong Kong entity; note is unsecured.
Issuance is exempt from registration; no other material terms specified.

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