As previously announced, on April 23, 2021, Kairous Acquisition Corp. Limited (the ?Company?) issued an unsecured promissory note to Kairous Asia Limited (the ?Sponsor?), pursuant to which the Company may borrow up to an aggregate principal amount of $200,000 (the ?Working Capital Note?). On May 12, 2021, the maximum amount available under the Working Capital Note was increased to $1,000,000.

On December 10, 2021, the Sponsor agreed to extend the maturity date of the original Working Capital Note to the earlier of (i) July 30, 2023 or (ii) the consummation of the initial business combination. On May 10, 2023, the Company and the Sponsor entered in to an amendment to the Working Capital Note, whereby the Sponsor and the Company agreed that the Working Capital Note shall be payable on the earlier of: (i) July 30, 2023 or (ii) the date on which the Company consummates the initial business combination, by conversion of the Working Capital Note into ordinary shares of the Company concurrently with the closing of a business combination at a price of $10.10 per share. On September 18, 2023.

the Company and the Sponsor amended the Working Capital Note to extend the maturity date to the earlier of: (i) December 16, 2023 or (ii) the date on which the Company consummates the initial business combination. On October 25, 2023, the Company and the Sponsor entered in to another amendment to the Working Capital Note to increase the principal amount of the Working Capital Note (the ?Amendment?) from $1,000,000 to $2,000,000.