| Convertible Notes Payable |
Payee | No. | Effective Date | Due Date | From Effective | Following Maturity | Conversion Rate | Issuing Purpose | As of 12/31/2021 | Addition | Payment | As of 3/31/2022 | Accrued Interest | Current Convertible Notes Payable: | Stephen Chen | #1.16 | 1/30/2016 | Payable on demand | 0.75% | N/A | $ 0.17 | working capital | 114,026 | - | - | 114,026 | 6,050 | Stephen Chen | #2.16 | 3/18/2016 | Payable on demand | 0.65% | N/A | $ 0.19 | working capital | 262,500 | - | - | 262,500 | 10,298 | | | | | | | | | 376,526 | - | - | 376,526 | 16,348 | Ainos KY | #12.21 | 4/27/2021 | 2/28/2023 (1) | 1.85% | N/A | $ 0.20 | working capital | 15,000 | - | - | 15,000 | 257 | Ainos KY | #13.21 | 5/5/2021 | 2/28/2023 (1) | 1.85% | N/A | $ 0.20 | working capital | 20,000 | - | - | 20,000 | 335 | Ainos KY | #14.21 | 5/25/2021 | 2/28/2023 (1) | 1.85% | N/A | $ 0.20 | working capital | 30,000 | - | - | 30,000 | 471 | Ainos KY | #15.21 | 5/28/2021 | 2/28/2023 (1) | 1.85% | N/A | $ 0.20 | working capital | 35,000 | - | - | 35,000 | 545 | Ainos KY | #16.21 | 6/9/2021 | 2/28/2023 (1) | 1.85% | N/A | $ 0.20 | working capital | 300,000 | - | - | 300,000 | 4,486 | Ainos KY | #17.21 | 6/21/2021 | 2/28/2023 (1) | 1.85% | N/A | $ 0.20 | working capital | 107,000 | - | - | 107,000 | 1,535 | Ainos KY | #18.21 | 7/2/2021 | 2/28/2023 (1) | 1.85% | N/A | $ 0.20 | working capital | 54,000 | - | - | 54,000 | 744 | Ainos KY | #19.21 | 9/1/2021 | 2/28/2023 (1) | 1.85% | N/A | $ 0.20 | working capital | 120,000 | - | - | 120,000 | 1,289 | Ainos KY | #20.21 | 9/28/2021 | 2/28/2023 (1) | 1.85% | N/A | $ 0.20 | working capital | 300,000 | - | - | 300,000 | 2,798 | Ainos KY | #21.21 | 11/10/2021 | 2/28/2023 (1) | 1.85% | N/A | $ 0.20 | working capital | 50,000 | - | - | 50,000 | 357 | Ainos KY | #22.21 | 11/25/2021 | 2/28/2023 (1) | 1.85% | N/A | $ 0.20 | working capital | 450,000 | - | - | 450,000 | 2,851 | Ainos KY | #23.21 | 11/29/2021 | 2/28/2023 (1) | 1.85% | N/A | $ 0.20 | working capital | 300,000 | - | - | 300,000 | 1,840 | Ainos KY | #24.21 | 12/29/2021 | 2/28/2023 (1) | 1.85% | N/A | $ 0.20 | working capital | 1,219,000 | - | - | 1,219,000 | 5,684 | | | | | | | | | 3,000,000 | - | - | 3,000,000 | 23,192 | Total convertible notes payable- related parties | 3,376,526 | - | - | 3,376,526 | 39,540 | Non-Convertible Notes Payable: | | | | | | | | | | | Stephen Chen | #9.21 | 1/1/2021 | 4/14/2021 | 0.13% | N/A | N/A | working capital | 129,405 | - | - | 129,405 | 354 | Ainos KY | #26.22 (2) | 3/4/2022 | 3/31/2023 | 1.85% | N/A | N/A | working capital | - | 800,000 | - | 800,000 | 1,135 | | | | Non-convertible notes payable-related party | 129,405 | 800,000 | - | 929,405 | 1,489 | i2 China | #8b.20 | 1/1/2020 | 1/1/2021 | 1.85% | N/A | N/A | consulting fee | 84,000 | - | - | 84,000 | 3,527 | | | | Non-Convertible Notes payable- non-related party | 84,000 | | | 84,000 | 3,527 | | | | Total non-convertible notes payable | 213,405 | 800,000 | - | 1,013,405 | 5,016 | | | Total convertible and non-convertible | 3,589,931 | 800,000 | - | 4,389,931 | 44,556 |
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Payee | No. | Effective Date | Due Date | From Effective | Following Maturity | Conversion Rate | Issuing Purpose | 1/1/2021 | Addition | Payment | 12/31/2021 | Accrued Interest | Convertible notes payable: | | | | | | | | | | | Stephen Chen | #1.16 | 1/30/2016 | Payable on demand | 0.75% | NA | $ 0.17 | working capital | 114,026 | | | 114,026 | 5,839 | Stephen Chen | #2.16 | 3/18/2016 | Payable on demand | 0.65% | NA | $ 0.19 | working capital | 262,500 | | | 262,500 | 9,878 | Stephen Chen | #3.19 | 912019 | 9/1/2020 | 1.85% | 10% | $ 0.25 | salary | 39,620 | | (39,620) | 0 | 0 | Stephen Chen | #4.19 | 1212019 | 12/31/2020 | 1.61% | 10% | $ 0.25 | working capital | 14,879 | | (14,879) | 0 | 0 | Stephen Chen | #6.20 | 112020 | 1/1/2021 | 1.85% | 10% | $ 0.25 | salary | 216,600 | | (216,600) | 0 | 0 | Stephen Chen | #7.20 | 112020 | 1/2/2021 | 1.60% | 10% | $ 0.25 | working capital | 23,366 | | (23,366) | 0 | 0 | Stephen Chen | #10.21 | 112021 | 4/1/2021 | 1.85% | 1.85% | $ 0.25 | salary | | 59,025 | (59,025) | 0 | 0 | Stephen Chen | #11.21 | 412021 | 5/1/2021 | 1.85% | 10% | $ 0.25 | salary | | 10,000 | (10,000) | 0 | 0 | | | | | | | | | 670,991 | 69,025 | (363,490) | 376,526 | 15,717 | Ainos KY | #12.21 | 4/27/2021 | 10/27/2021 | 1.85% | NA | $ 0.20 | working capital | | 15,000 | | 15,000 | 189 | Ainos KY | #13.21 | 5/5/2021 | 11/5/2021 | 1.85% | NA | $ 0.20 | working capital | | 20,000 | | 20,000 | 243 | Ainos KY | #14.21 | 5/25/2021 | 11/25/2021 | 1.85% | NA | $ 0.20 | working capital | | 30,000 | | 30,000 | 335 | Ainos KY | #15.21 | 5/28/2021 | 11/28/2021 | 1.85% | NA | $ 0.20 | working capital | | 35,000 | | 35,000 | 385 | Ainos KY | #16.21 | 6/9/2021 | 12/9/2021 | 1.85% | NA | $ 0.20 | working capital | | 300,000 | | 300,000 | 3,117 | Ainos KY | #17.21 | 6/21/2021 | 12/21/2021 | 1.85% | NA | $ 0.20 | working capital | | 107,000 | | 107,000 | 1,047 | Ainos KY | #18.21 | 7/2/2021 | 1/2/2022 | 1.85% | NA | $ 0.20 | working capital | | 54,000 | | 54,000 | 498 | Ainos KY | #19.21 | 912021 | 3/1/2022 | 1.85% | NA | $ 0.20 | working capital | | 120,000 | | 120,000 | 742 | Ainos KY | #20.21 | 9/28/2021 | 3/28/2022 | 1.85% | NA | $ 0.20 | working capital | | 300,000 | | 300,000 | 1,429 | Ainos KY | #21.21 | 11102021 | 5102022 | 1.85% | NA | $ 0.20 | working capital | | 50,000 | | 50,000 | 129 | Ainos KY | #22.21 | 11252021 | 11/25/2022 | 1.85% | NA | $ 0.20 | working capital | | 450,000 | | 450,000 | 798 | Ainos KY | #23.21 | 11/29/2021 | 5/29/2022 | 1.85% | NA | $ 0.20 | working capital | | 300,000 | | 300,000 | 471 | Ainos KY | #24.21 | 12292021 | 6/29/2022 | 1.85% | NA | $ 0.20 | working capital | | 1,219,000 | | 1,219,000 | 124 | | | | | | | | | 0 | 3,000,000 | 0 | 3,000,000 | 9,507 | | | | | Total convertible notes payable- related parties | 670,991 | 3,069,025 | (363,490) | 3,376,526 | 25,224 | i2 China | #5.19 | 9/1/2019 | 9/1/2020 | 1.85% | 10% | $ 0.25 | consulting fee | 16,000 | | (16,000) | 0 | 0 | i2 China | #8a.20 | 1/1/2020 | 1/1/2021 | 1.85% | 10% | $ 0.25 | consulting fee | 48,000 | | (48,000) | 0 | 0 | i2 China | #11.21 | 112020 | 4/1/2021 | 1.85% | 10% | $ 0.25 | consulting fee | | 37,000 | (37,000) | 0 | 0 | | | | | Total convertible notes payable- non-related party | 64,000 | 37,000 | (101,000) | 0 | 0 | | | | | Total Convertible notes payable | 734,991 | 3,106,025 | (464,490) | 3,376,526 | 25,224 | Notes payable: | | | | | | | | | | | Stephen Chen | #9.21 | 1/1/2021 | 4/14/2021 | 0.13% | 10% | NA | working capital | 134,010 | 145,395 | (150,000) | 129,405 | 312 | | | | | Notes payable-related party | 134,010 | 145,395 | (150,000) | 129,405 | 312 | i2 China | #8b.20 | 1/1/2020 | 1/1/2021 | 1.85% | 10% | NA | consulting fee | 84,000 | | | 84,000 | 3,137 | | | | | Notes payable- non-related party | 84,000 | 0 | 0 | 84,000 | 3,137 | | | | | Total notes payable | 218,010 | 145,395 | (150,000) | 213,405 | 3,449 | | | | | Total convertible and non-convertible | 953,001 | 3,251,420 | (614,490) | 3,589,931 | 28,673 |
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