Vestand Inc. Enters into Loan Agreement with Good Mood Studio Inc.

Vestand Inc. has entered into a Loan Agreement with Good Mood Studio Inc. for a principal amount of $200,000. The loan bears an annual interest rate of 16%, with a default rate of 18%. The repayment is due in full by September 16, 2026. The loan is secured by 100% of Vestand Inc.'s equity interest in Vestand Korea Co., Ltd. The funds are to be used for general corporate and operating purposes. The agreement includes provisions for events of default, remedies for the lender, and governing law.