SCISPARC LTD.
20 Raul Wallenberg Street, Tower A,
Tel Aviv 6971916 Israel
October 15, 2026
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To: L.I.A Pure Capital Ltd., a holder of a Convertible Promissory Note (the “Note”) issued on February 12, 2026
**Re: Inducement Offer to Convert Existing Convertible Promissory Note **
Dear Holder:
SCISPARC LTD. (the “Company”) is pleased to offer (this “Inducement Offer”) to you (“Holder”, “you” or similar terminology) to convert in full your Note, of which the outstanding amount (including both principal and interest) is $2,023,039.21, into ordinary shares of the Company, no par value (the “Ordinary Shares”), at a conversion price of $1.50 per Ordinary Share (the “Conversion Price”). The Ordinary Shares issuable upon conversion of the Note shall be referred to herein as the “Shares”. The resale of the Shares has been registered pursuant to an effective registration statement on Form F-3 (File No. 333-293533) (the “Registration Statement”). The Registration Statement is currently effective and, upon conversion of the Note pursuant to this letter
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