**CONVERTIBLE NOTE CANCELLATION AND **
CAPITAL CONTRIBUTION AGREEMENT
This Convertible Note Cancellation and Capital Contribution Agreement (the “Agreement”) is entered into as of March 31, 2026 (the “Effective Date”), by and between:
Wewards, Inc., a Nevada corporation (the “Company”), and Lei Pei, sole owner and beneficiary of Sky Rover Holdings, LTD, an individual/entity and shareholder of the Company (the “Holder”).
The Company and the Holder may be referred to individually as a “Party” and collectively as the “Parties.”
WHEREAS, the Company previously issued Convertible Promissory Notes dated February 28, 2017 and November 20, 2017 (collectively, the “Notes”) to Sky Rover Holdings, LTD., an entity solely owned by the Holder in the original principal amounts of $2,500,000 and $8,000,000, respectively;
WHEREAS, pursuant to the Notes, interest has accrued on the outstanding principal balance;
WHEREAS, as of the Effective Date, the obligations under the Notes consist of:
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