NEITHER THIS NOTE NOR THE SECURITIES
INTO WHICH THIS NOTE IS CONVERTIBLE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”) OR ANY STATE
SECURITIES LAWS AND NEITHER THIS NOTE NOR ANY INTEREST THEREIN NOR THE SECURITIES INTO WHICH THIS NOTE IS CONVERTIBLE MAY BE OFFERED,
SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT AND SUCH LAWS
OR AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT AND SUCH LAWS.


 





	CONVERTIBLE PROMISSORY NOTE :	 	Principle Amount $500,000.00
	 	 	 
	Issue Date: 14 June, 2021	 	Maturity Date: 13 June, 2023



 


 





The Parties :


 


ILUS International Inc (OTC:ILUS) of 26 Broadway,
Suite 934, New York, NY 10004 address and with Company number E0198062010-9 known here after as the “Maker”


&


GPL Ventures LLC of 450 7th Avenue,
6th Floor, New York, NY, 10123, known here after as the “Holder”


 


For good and valuable consideration, The Maker hereby
makes and delivers this Promissory Note (this "Note”) in favor of the Holder or its assigns, and hereby agrees as follows:


 


 


ARTICLE
I.


PRINCIPAL AND INTEREST


 


		1.1	Principle and Interest



 


For value received, Maker promises to pay to Holder
at such place as Holder or its assigns may designate in writing, in currently available funds of the United States, the principal Amount
of Five Hundred Thousand Dollars ($ 500,000.00 ) Maker’s obligation under this Note shall accrue interest at the rate of
Six percent (6.0%) per annum from the date hereof until paid in full.


Interest shall be computed on the basis of a 365-day
year or 366-day year, as applicable, and actual days lapsed. Accrual of interest shall commence on the first business day to occur after
the Issue Date and continue until payment in full of the Principal Amount has been made or duly provided for.














 




    	 	1	 



    	 



    

		1.2	Payments



 


		1.2.1	All payments shall be applied first to interest, then to principal and
shall be credited tothe maker's account on the date that such payment is physically received by the Holder.



		1.2.2	All principal and accrued interest then outstanding
shall be due and payable by the Maker to the Holder on or before 13th
June, 2023 (the “Maturity Date”).



		1.2.3	All principal and accrued interest can be retired prior to maturity in
part or in whole Principal and plus interest in minimum of $10,000 (Ten Thousand Dollar) payments.



		1.2.4	A 10% premium will be applied to early settlement, any time prior to
the maturity date, and is to be paid in addition to the outstanding interest at the time.



		1.2.4.1	The premium will be calculated on the entire principal amount only excluding interest.



		1.2.4.2	The premium will be paid in proportion as a percentage of any early repayment.
To avoid doubt, the Premium would be $50,000 on the entire principal amount in this note. For illustration purposes only, should 20% of
the principal be paid early 20% of the premium would also be required to be paid at the same time as the early repayment.



		1.2.5	This Note is free from all taxes, liens, claims and encumbrances with
respect to the issue thereof and shall not be subject to preemptive rights or other similar rights ofshareholders of the Maker and will
not impose personal liability upon the holder thereof.



 


		1.3	Consideration



 


This Note is issued solely for value received, paid by Holder
to Maker by wire (“Consideration”). The Principal Amount due to Holder shall be prorated based on the consideration actually
paid by Holder to Maker, such that the Maker is only required to repay the amount of consideration and the Maker is not required to repay
any unfunded portion of this Note.


 


ARTICLE II.


CONVERSION
RIGHTS; CONVERSION PRICE



 





		2.1	Conversion






 


 


The Holder or its assigns shall have the right, from time
to time, commencing on the MaturityDate of this Note, to convert any part of the outstanding interest or Principal Amount of this Note
into fully paid and non-assessable shares of Common Stock of the Maker (the “Notice Shares”). The conversion becomes effective
at the Conversion Price determined as provided herein. Promptly after delivery to Maker of a Notice of Conversion of Convertible
Note in the forms attached hereto as Exhibit 1, or any other form provided by the Holder, properly completed and duly executed
by the Holder or its assigns (a “Conversion Notice”), the Maker shall issue and deliver to or upon the order of the Holder
that number of shares of Common Stock for the that portion of this Note to be converted as shall be determined in accordance herewith.


 




    	 	2	 



    	 



    

 


No fraction of a share or scrip representing a fraction
of a share will be issued on conversion, but the number of shares issuable shall be rounded to the nearest whole share. The date on which
Notice of Conversion is given (the “Conversion Date”) shall be deemed to be the date on which the Holder faxes, mails or emails
the Notice of Conversion duly executed to the Maker.


Certificates representing Common Stock upon conversion will
be delivered with best efforts to the Holder within three (3) trading days from the date the Notice of Conversion is delivered to the
Maker. Delivery of shares upon conversion shall be made to the address specified by the Holder or its assigns in the Notice of Conversion.


 


		2.2	Conversion Price



 


Upon any conversion of this Note, the Conversion Price shall
be equal for the Conversion Amount and shall be the amount of principal or interest electively converted in the Conversion Notice at discount
of 25% of the average current per share market price with a 10 day look back as from the date of conversion, for the avoidance of doubt
this means the shares will be issued at 75% of the average trading price of the previous 10 day average. The total number of shares due
under any conversion notice (“Notice Shares”) will be equal to the Conversion Amount divided by the Conversion Price.


 


		2.3	Reorganization, Reclassification, Merger, Consolidation or Disposition of Assets.



 


In case the Maker shall reorganize its capital, reclassify
its capital stock, consolidate or merge with or into another corporation (where the Maker is not the surviving corporation or where there
is a change in or distribution with respect to the Common Stock of the Maker), or sell, transfer or otherwise dispose of all or substantially
all its property, assets or business to another corporation and, pursuant to the terms of such reorganization, reclassification, merger,
consolidation or disposition of assets, shares of common stock of the successor or acquiring corporation, or any cash, shares of stock
or other securities or property of any nature whatsoever (including warrants or other subscription or purchase rights) in addition to
or in lieu of common stock of the successor or acquiring corporation (“Other Property”), are to be received by or distributed
to the holders of Common Stock of the Maker, then Holder shall have the right thereafter to receive, upon conversion of this Note, the
number of shares of common stock of the successor or acquiring corporation or of the Maker, if it is the surviving corporation, and Other
Property receivable upon or as a result of such reorganization, reclassification, merger, consolidation or disposition of assets by a
holder of the number of shares of Common Stock into which this Note is convertible immediately prior to such event. In case of any such
reorganization, reclassification, merger, consolidation or disposition of assets, the successor or acquiring corporation (if other than
the Maker) shall expressly as amount the due and punctual observance and performance of each and every covenant and condition of this
Note to be performed and observed by the Maker and all the obligations and liabilities hereunder, subject to such modifications as may
be deemed appropriate (as determined in good faith by resolution of the Board of Directors of the Maker) in order to provide for adjustments
of the number of shares of common stock into which this Note is convertible which shall be as nearly equivalent as practicable to the
adjustments provided for in this Section 2. For purposes of this Section 2, “common stock of the successor or acquiring corporation”
shall include stock of such corporation of any class which is not preferred as to dividends or assets over any other class of stock of
such corporation and which is not subject to redemption and shall also include any evidences of indebtedness, shares of stock or other securities which
are convertible into or exchangeable for any such stock, either immediately or upon the arrival of a specified date or the happening of
a specified event and any warrants or other rights to subscribe for or purchase any such stock. The foregoing provisions of this Section
2 shall similarly apply to successive reorganizations, reclassifications, mergers, consolidations or disposition of assets.


 




    	 	3	 



    	 



    







		2.4	Restrictions on Securities.



 


This Note has been issued by the Maker pursuant to the exemption
from registration under the Securities Act of 1933, as amended (the “Act”). None of this Note or the shares of Common Stock
issuable upon conversion of this Note may be offered, sold or otherwise transferred unless (i) they first shall have been registered under
the Act and applicable state securities laws or (ii) the Maker shall have been furnished with an opinion of legal counsel (in form, substance
and scope reasonably acceptable to Maker) to the effect that such sale or transfer is exempt from the registration requirements of the
Act. Each certificate for shares of Common Stock issuable upon conversion of this Note that have not been so registered and that have
not been sold pursuant to an exemption that permits removal of the applicable legend, shall bear a legend substantially in the following
form, as appropriate:


 


THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933 (THE “ACT”). THE SECURITIES REPRESENTED HEREBY MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED
UNLESS THEY ARE REGISTERED UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS, OR SUCH OFFERS, SALES AND TRANSFERS ARE MADE PURSUANT TO
AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THOSE LAWS.


 


Upon the request of a holder of a certificate representing
any shares of Common Stock issuable upon conversion of this Note, the Maker shall remove the foregoing legend from the certificate or
issue to such Holder a new certificate free of any transfer legend, if (a) with such request, the Maker shall have received an opinion
of counsel, reasonably satisfactory to the Maker in form, substance and scope, to the effect that any such legend may be removed from
such certificate or


(b) a registration statement under the Act covering such securities
is in effect.


 


 


		2.5	Reservation of Common Stock.



 


		2.5.1	The Maker covenants that during the period the Note is outstanding, it
will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock of
the Maker upon the Conversion of the Note. The Maker further covenants that its issuance of this Note shall constitute full authority
to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares
of Common Stock of the Maker issuable upon the conversion of this Note. The Maker will take all such reasonable action as may be necessary
to assure that such shares of Common Stock may be issued as provided herein without violation of any applicable law or regulation, or of any requirements
of the OTC Bulletin Board (or such other principal market upon which the Common Stock of the Maker may be listed or quoted).



 




    	 	4	 



    	 



    




		2.5.2	The Maker shall not by any action, including, without limitation, amending
its certificate of incorporation or through any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale
of securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Note, but
will at all times in good faith assist in the carrying out of all such terms and in the taking of all such actions as may be necessary
or appropriate to protect the rights of Holder against impairment. Without limiting the generality of the foregoing, the Maker will (a)
not increase the par value of any shares of Common Stock issuable upon the conversion of this Note above the amount payable therefor upon
such conversion immediately prior to such increase in par value (b) take all such action as may be necessary or appropriate in order that
the Maker may validly and legally issue fully paid and nonassessable shares of Common Stock upon the conversion of this Note, and (c)
use its best efforts to obtain all such authorizations, exemptions or consents from any public regulatory body having jurisdiction thereof
as may be necessary to enable the Maker to perform its obligations under this Note.



 


		2.5.3	Upon the request of Holder, the Maker will at any
time during the period this Note is outstanding acknowledge in writing, in form reasonably satisfactory to Holder, the continuing validity
of this Note and the obligations of the Maker hereunder.



 


		2.5.4	Before taking any action which would cause an adjustment reducing the
current Conversion Price below the then par value, if any, of the shares of Common Stock issuable upon conversion of the Notes, the Maker
shall take any corporate action which may be necessary in order that the Maker may validly and legally issue fully paid and non- assessable
shares of such Common Stock at such adjusted Conversion Price.



 


		2.5.5	Before taking any action which would result in an
adjustment in the number of shares of Common Stock into which this Note is convertible or in the Conversion Price, the Maker shall obtain
all such authorizations or exemptions thereof, or consents thereto, as may be necessary from any public regulatory body or bodies having
jurisdiction thereof.



 


		2.5.6	If at any time the Maker does not have a sufficient number of authorized
and available shares of Common Stock for issuance upon conversion of the Note, then the Maker shall call and hold a special meeting of
its stockholders within forty-five (45) days of that time for the sole purpose of increasing the number of authorized shares of Common
Stock.



 


		2.6	Maximum Conversion.



 


The Holder shall not be entitled to convert on a
Conversion Date that amount of the Notes in connection with that number of shares of Common Stock which would be in excess of the
Amount of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on Conversation Date, and
(ii) the number of shares of Common Stock issuable upon the conversion of the Notes with respect to which the determination of this
provision is being made on a Conversion Date, which would result in beneficial ownership
by the Holder and its Affiliates of more than 9.99% of the outstanding shares of Common Stock of the Company on such Conversion Date.
For the purposes of the provision to the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section
13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder.


 




    	 	5	 



    	 



    







ARTICLE
III.


REPRESENTATIONS AND WARRANTIES


 


		3.1	The Holder represents and warrants to the Maker:



 


		3.1.1	The Holder of this Note, by acceptance hereof, agrees that this Note is
being acquired for investment and that such Holder will not offer, sell or otherwise dispose of this Note or the Common Stock issuable
upon conversion hereof except under circumstances that will not result in a violation of the Act or any application state securities laws
or similar laws relating to the sale of securities;



 


		3.1.2	That Holder understands that none of this Note or the Common Stock issuable
upon conversion hereof have been registered under the Securities Act of 1933, as amended (the “Act”), in reliance upon the
exemptions from the registration provisions of the Act andany continued reliance on such exemption is predicated on the representations
of the Holderset forth herein;



 


		3.1.3	Holder (i) has adequate means of providing for his current needs and possible
contingencies,



(ii) has no need for liquidity
in this investment, (iii) is able to bear the substantial economic risks of an investment in this Note for an indefinite period, (iv)
at the present time, can afford a complete loss of such investment, and (v) does not have an overall commitment to investments which are
not readily marketable that is disproportionate to Holder’s net worth, and Holder’s investment in this Note will not cause
such overall commitment to become excessive;


 


		3.1.4	Holder is an “accredited investor” (as
defined in Regulation D promulgated under the Act) and the Holder’s total investment in this Note does not exceed 10% of the Holder’s
net worth; and



 


		3.1.5	Holder recognizes that an investment in the Maker
involves significant risks and only investors who can afford the loss of their entire investment should consider investing in the Maker
and this Note.



 




    	 	6	 



    	 



    

		3.2	The Maker represents and warrants to Holder:



 


		3.2.1	Organization and Qualification. The Maker and each of its Subsidiaries
(as defined below), if any, is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction
in which it is incorporated, with full power and authority (corporate and other) to own, lease, use and operate its properties and to
carry on its business as and where now owned, leased, used, operated and conducted. The Maker and each of its Subsidiaries is duly qualified
as a foreign corporation to do business and is in good standing in every jurisdiction in which its ownership or use of property or the
nature of the businessconducted by it makes such qualification necessary except where the failure to be so qualified or in good standing
would not have a Material Adverse Effect. “Material Adverse Effect” means any material adverse effect on the business, operations,
assets, financial condition or prospects of the Maker or its Subsidiaries, if any, taken as a whole, or on the transactions contemplated
hereby or by the agreements or instruments to be entered into in connection herewith. “Subsidiaries” means any corporation
or other organization, whether incorporated or unincorporated, in which the Maker owns, directly or indirectly, any equity or other ownership
interest.



 


		3.2.2	Authorization; Enforcement. (i) The Maker has all requisite corporate
power and authority to enter into and perform this Note and to consummate the transactions contemplated hereby and thereby and to issue
the Common Stock, in accordance with the terms hereof,



(ii) the execution and delivery of this Note by the Maker
and the consummation by it of the transactions contemplated hereby and thereby (including without limitation, the issuance of the Note
and the issuance and reservation for issuance of the Common Stock issuable upon conversion or exercise hereof) have been duly authorized
by the Maker’s Board of Directors and no further consent or authorization of the Maker, its Board of Directors, or its shareholders
is required, (iii) this Note has been duly executed and delivered by the Maker by its authorized representative, and such authorized representative
is the true and official representative with authority to sign this Note and the other documents executed in connection herewith and bind
the Maker accordingly, and (iv) this Note constitutes, a legal, valid and binding obligation of the Maker enforceable against the Maker
in accordance with its terms.


 


		3.2.3	Issuance of Shares. The Notice Shares are duly authorized and reserved
for issuance and, upon conversion of the Note in accordance with its respective terms, will be validly issued, fully paid and non-assessable,
and free from all taxes, liens, claims and encumbranceswith respect to the issue thereof and shall not be subject to pre-emptive rights
or other similar rights of shareholders of the Maker and will not impose personal liability upon the holder thereof.



 


		3.2.4	Acknowledgment of Dilution. The Maker understands and acknowledges the
potentially dilutive effect to the Common Stock upon the issuance of the Notice Shares upon conversion of this Note. The Maker further
acknowledges that its obligation to issue Notice Shares upon conversion of this Note is absolute and unconditional regardless of the dilutive
effect that such issuance may have on the ownership interests of other shareholders of the Maker.



 




    	 	7	 



    	 



    

		3.2.5	Acknowledgement of Current Financial Statements. The Maker acknowledges
that during the existence of this Note, it will with best efforts, not be late or delinquent in filing its financial statements with the
requisite reporting bodies.



 


 


ARTICLE IV.


EVENTS OF DEFAULT


 


		4.1	Default. The following events shall be defaults under this Note: (“Events of Default”):



 


		4.1.1	default in the due and punctual payment of all or any part of any payment
of interest or the Principal Amount as and when such amount or such part thereof shall become due and payable hereunder; or



 


		4.1.2	failure on the part of the Maker duly to observe or perform in all material
respects any of the covenants or agreements on the part of the Maker contained herein (other than those covered by clause (a) above) for
a period of 5 business days after the date on which written notice specifying such failure, stating that such notice is a “Notice
of Default” hereunder and demanding that the Maker remedy the same, shall have been given by the Holder by registered or certified
mail, return receipt requested, to the Maker; or



 


		4.1.3	any representation, warranty or statement of fact made by the Maker herein
when madeor deemed to have been made, false or misleading in any material respect; provided, however, that such failure shall not result
in an Event of Default to the extent it is corrected by the Maker within a period of 5 business days after the date on which written notice
specifying such failure, stating that such notice is a “Notice of Default” hereunder and demanding that the Maker remedy same,
shall have been given by the Holder by registered or certified mail, return receipt requested; or



 


		4.1.4	any of the following actions by the Maker pursuant to or within the meaning
title 11, U.S. Code or any similar federal or state law for the relief of debtors (collectively, the “Bankruptcy Law”): (A)
commencement of a voluntary case or proceeding, (B) consent to the entry of an order for relief against it in an involuntary case or proceeding,
(C) consents to the appointment of a receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law (each, a “Custodian”),
of it or for all or substantially all of its property,



(D) a general assignment for the benefit of its creditors,
or (E) admission in writing its inability to pay its debts as the same become due; or


 


		4.1.5	entry by a court of competent jurisdiction of an order or decree under
any Bankruptcy Law that: (A) is for relief against the Maker in an involuntary case, (B) appoints a Custodian of the Maker or for all
or substantially all of the property of the Maker, or (C) orders the liquidation of the Maker, and such order or decree remains unstayed
and in effect for 60 days.



 




    	 	8	 



    	 



    

		4.2	Remedies Upon Default.



 


Upon the occurrence of an event of default
by Maker under this Note or at any time before default when the Holder reasonably feels insecure, then, in addition to all other rights
and remedies at law or in equity, Holder may exercise any one or more of the following rights and remedies:


 


		4.2.1	Accelerate the time for payment of all amounts payable under this Note
by written notice thereof to Maker, whereupon all such amounts shall be immediately due and payable.



 


		4.2.2	Pursue any other rights or remedies available to Holder at law or in equity.



 


		4.2.3	The Holder shall receive Liquidated Damages of $200 per day per Event
of Default the Maker is in Default pursuant to this Note.



 


		4.3	Payment of Costs.



 


The Maker shall reimburse the Holder, on demand, for any
and all reasonable costs and expenses, including reasonable attorneys’ fees and disbursement and court costs, incurred by the Holder
in collecting or otherwise enforcing this Note or in attempting to collect or enforce this Note.


 


		4.4	Powers and Remedies Cumulative; Delay or Omission Not Waiver of Default.



 


No right or remedy herein conferred upon or reserved
to the Holder is intended to be exclusive of any other right or remedy available to Holder under applicable law, and every such right
and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now
or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall
not prevent the concurrent assertion or employment of any other appropriate right or remedy. No delay or omission of the Holder to exercise
any right or power accruing upon any Default occurring and continuing as aforesaid shall impair any such right or power or shall be construed
to be a waiver of any such Default or an acquiescence therein; and every power and remedy given by this Note or by law may be exercised
from time to time, and as often as shall be deemed expedient, by the Holder.


 


		4.5	Waiver of Past Defaults.



 


The Holder may waive any past default
or Event of Default hereunder and its consequences, but no such waiver shall extend to any subsequent or other default or Event of Default
or impair any right consequent thereon.


 


 


		4.6	Waiver of Presentment etc.



 


The Maker hereby waives presentment, demand,
notice, protest and all other demands and notices in connection with the delivery, acceptance, performance, and enforcement of this Note,
exceptas specifically provided herein.


 




    	 	9	 



    	 



    

 


ARTICLE
V.


MISCELLANEOUS


 


		5.1	Notices.



 


Any notice herein required or permitted to be given shall
be in writing and may be personally served or delivered by courier or sent by United States mail and shall be deemed to have been given
upon receipt if personally served (which shall include telephone line facsimile transmission) or sent by courier or three (3) days after
being deposited in the United States mail, certified, with postage pre-paid and properly addressed, if sent by mail. For the purposes
hereof, the address of the Holder shall be 26 Broadway, Suite 934, New York, NY 10004 . Both the Holder or its assigns and the Maker may
change the address for service by delivery of written notice to the other as herein provided. The Maker and the Holder may agree to receive
notices by email if mutually agreed in writing at the time of notice.


 


		5.2	Amendment.



 


This Note and any provision hereof may be amended only
by an instrument in writing signed by the Maker and the Holder.


 


		5.3	Assignability.



 


This Note shall be binding upon the Maker and its successors
and assigns and shall inure to be the benefit of the Holder and its successors and assigns; provided, however, that so long as no Event
of Default has occurred, this Note shall only be transferable in whole subject to the restrictions contained in the restrictive legend
on the first page of this Note.


 


		5.4	Governing Law.



 


This Note shall be governed by the internal laws of
the State of Nevada, without regard to conflicts of laws principles.


 


		5.5	Replacement of Note.



 


The Maker covenants that upon receipt by the Maker of evidence
reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Note, and in case of loss, theft or destruction, of
indemnity or security reasonably satisfactory to it (which shall not include the posting of any bond), and upon surrender and cancellation
of such Note, if mutilated, the Maker will make and deliver a new Note of like tenor.


 


		5.6	Omitted Intentionally.



 


		5.7	Rights



 


This Note shall not entitle the Holder to any of the rights of
a stockholder of the Maker, including without limitation, the right
to vote, to receive dividends and other distributions, or to receive any notice of, or to attend, meetings of stockholder or any other
proceedings of the Maker, unless and to the extent converted into shares of Common Stock in accordance with the terms hereof.


 




    	 	10	 



    	 



    







		5.8	Severability.



 


In case any provision of this Note is held by a court of competent
jurisdiction to be excessive in scope or otherwise invalid or unenforceable, such provision shall be adjusted rather than voided, if possible,
so that it is enforceable to the maximum extent possible, and the validity and enforceability of the remaining provisions of this Note
will not in any way be affected or impaired thereby.


 


		5.9	Headings.



 


The headings of the sections of this Note are inserted
for convenience only and do not affect the meaning of such section.


 


		5.10	Counterparts.



 


This Note may be executed in multiple counterparts, each
of which shall be an original, but all of which shall be deemed to constitute one instrument.


 


 


 


 


 


[Signature
Page to Follow]


 




    	 	11	 



    	 



    

 


IN WITNESS WHEREOF, with the intent to be legally bound
hereby, the Maker as executed this Note as of the date first written above.


 


 


 


Maker: ILUS International Inc. OTC:ILUS


 


 


 


 


Signed: /s/ Nicolas Link Date: 14th June 2021


 


By: Nicolas Link


Chief Executive Officer








 


 


 


Acknowledged
and Agreed by the Holder:


 


 


Signed:Date:
/s/ Alexander Dillon 


 


 


By: Mr Alexander Dillion for GPL Ventures Position
: Chief Executive



    	 	12	 



    	 



    

  





EXHIBIT 1


CONVERSION NOTICE


 


(To be executed by the Holder in order to
Convert the Note)


 


TO:


 


 


The undersigned hereby
irrevocably elects to convert US$ _____________of the Principal Amount of the above Note into Shares of Common Stock of ILUS
International Inc., according to the conditions stated therein, as of the Conversion Date and terms described in the note 14th June 2021. If
shares are to be issued in the name of a person other than the undersigned, the undersigned will pay all transfer taxes payable with
respect thereto and is delivering herewith such certificates and opinions as reasonably requested by the Maker in accordance
therewith. No fee will be charged to the Holder for any conversion, except for such transfer taxes, if any.


 


Conversion
Date: ______________________________


 


Applicable Conversion Price: Is based on a discount
of 25% off Market share price point the date of the conversion with a look back of 10 days $ __________


Signature: _______________________


 


Name: ____________________


 


Address: ___________________


 


_____________________________





 


Tax I.D. or Soc. Sec. No: ______________________________


 


Principal Amount to be converted:


US$ _____________________________________________


 


Amount of Note unconverted:


US$ _______________________________________________


 


Number of shares of Common Stock to be issued: ______________________________


 




    	 	13