Document:

Exhibit 10.4

 

SUBSIDIARY
GUARANTY

 

This
SUBSIDIARY GUARANTY (this “Agreement”), dated as of August 26, 2022, is made by and among each of the undersigned
Guarantors (collectively, the “Guarantors” and each of them a “Guarantor”) and Alto Opportunity
Master Fund, SPC – Segregated Master Portfolio B, as agent for the Holders (as defined below) (in
such capacity and together with any successors in such capacity, the “Collateral Agent”).

 

RECITALS

 

WHEREAS, in consideration
of the substantial direct and indirect benefits derived by each Guarantor from the loans and other extensions of credit made or to be
made by the entities identified as holders (the “Holders”) in the Senior Secured Convertible Notes due February 26,
2025, of Genius Group Limited, a Singapore public limited company (“Issuer”) (as the same may be amended, restated,
supplemented or otherwise modified from time to time, the “Notes”) issued by Issuer on the date hereof pursuant to
the Securities Purchase Agreement of even date herewith, by and among the Issuer and the buyers signatory thereto (the “Purchase
Agreement”), the parties hereby agree as follows:

 

Article I

Definitions

 

Capitalized terms used herein
but not otherwise defined herein shall have the respective meanings given such terms in the Purchase Agreement. In addition, for purposes
of this Agreement, the following terms shall have the following meanings:

 

“Bankruptcy Code” means
Title 11 of the United States Code, as amended, or any similar federal or state law for the relief of debtors.

 

“Code” means
the Internal Revenue Code of 1986, as amended.

 

“Collateral Agent” has
the meaning set forth in the Preamble hereof.

 

“Debtor Relief Laws” means
the Bankruptcy Code and all other liquidation, bankruptcy, assignment for the benefit of creditors, conservatorship, moratorium, receivership,
insolvency, rearrangement, reorganization or similar debtor relief laws of the United States, Singapore and other applicable jurisdictions
in effect from time to time.

 

“Extensions of Credit”
means the present and future loans made to the Issuer by the Holders as evidenced by the Notes issued under the Purchase Agreement.

 

    

     

    

 

“Governmental Authority” means
the government of any nation or any political subdivision thereof, whether at the national, state, territorial, provincial, municipal
or any other level, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive,
legislative, judicial, taxing, regulatory or administrative powers or functions of, or pertaining to, government.

 

“Holders”
has the meaning specified in the recitals.

 

“Indemnitee” has
the meaning specified in Section 6.02.

 

“Issuer”
has the meaning specified in the recitals.

 

“Notes”
has the meaning specified in the recitals.

 

“Note Parties”
means the Issuer and the Guarantors.

 

“Obligations” has
the meaning specified in Section 2.01(c).

 

“Purchase Agreement”
has the meaning specified in the recitals.

 

“Related Parties” means,
with respect to any Person, such Person’s directors, officers, shareholders, members, partners, employees and agents (and any other
Persons with a functionally equivalent role of a Person holding such titles notwithstanding a lack of such title or any other title),
each Person who controls such Person (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange
Act), and the directors, officers, shareholders, agents, members, partners or employees (and any other Persons with a functionally equivalent
role of a Person holding such titles notwithstanding a lack of such title or any other title) of such controlling Persons.

 

“Termination Date” has
the meaning specified in Section 6.06.

 

Article II

Agreement to Guarantee Obligations

 

Section 2.01          Guaranty.
 Each Guarantor, hereby, jointly and severally, absolutely, unconditionally and irrevocably guarantees,
as primary obligor and not merely as surety,

 

(a)            the
due and prompt payment by the Issuer of:

 

(i)            all
present and future obligations of the Issuer under the Notes (whether issued and outstanding on the date hereof or issued after the date
hereof), including, without limitation, the principal of and premium, if any, and interest at the rate specified in the Notes (including
interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed
or allowable in such proceeding (“Post-Petition Interest”)) on the Extensions of Credit, when and as due, whether at
scheduled maturity, date set for prepayment, by acceleration or otherwise, and

 

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(ii)            all
other present and future monetary obligations of the Issuer to the Holders under the Transaction Documents, when and as due, including
fees, costs, expenses (including, without limitation, reasonable and documented fees and expenses of counsel incurred by the Collateral
Agent or any Holder in enforcing any rights under this Agreement or any other Transaction Document), contract causes of action and indemnities,
whether primary, secondary, direct or indirect, absolute or contingent, fixed or otherwise (including monetary obligations incurred during
the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such
proceeding); and

 

(b)            the
due and prompt performance of all covenants, agreements, obligations and liabilities of the Issuer under or in respect of the Transaction
Documents; and

 

(c)            all
such obligations in subsections (a) through (b), whether now or hereafter existing, being referred to collectively as the “Obligations”.
Each Guarantor further agrees that all or part of the Obligations may be increased, extended, substituted, amended, renewed or otherwise
modified without notice to or consent from any such Guarantor and such actions shall not affect the liability of any such Guarantor hereunder.
Without limiting the generality of the foregoing, each Guarantor’s liability shall extend to all amounts that constitute part of
the Obligations and would be owed by any other Note Party to the Holders or the Collateral Agent under or in respect of the Purchase Agreement,
the Notes and the other Transaction Documents but for the fact that they are unenforceable or not allowable due to the existence of a
bankruptcy, reorganization or similar proceeding involving such other Note Party.

 

Anything herein or in any
other Transaction Document to the contrary notwithstanding, the maximum liability of each Guarantor hereunder and under the other Transaction
Documents shall in no event exceed the amount which can be guaranteed by such Guarantor under applicable laws relating to the insolvency
of debtors (after giving effect to the right of contribution established in Section 2.03).

 

Section 2.02          Reinstatement.
 Each Guarantor agrees that its guaranty hereunder shall continue to be effective or be reinstated,
as the case may be, if at any time all or part of any payment of any Obligation is rescinded or must otherwise be returned by the Holders
or any other Person upon the insolvency, bankruptcy or reorganization of the Issuer or any other Note Party or otherwise.

 

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Section 2.03          Right
of Contribution. Each Guarantor hereby agrees that to the extent that a Guarantor shall have
paid more than its proportionate share of any payment made hereunder, such Guarantor shall be entitled to seek and receive contribution
from and against any other Guarantor hereunder which has not paid its proportionate share of such payment. Each Guarantor’s right
of contribution shall be subject to the terms and conditions of Section 4.01. The provisions of this Section 2.03
shall in no respect limit the obligations and liabilities of any Guarantor to the Collateral Agent and the Holders, and each Guarantor
shall remain liable for the Obligations up to the maximum liability of such Guarantor hereunder.

 

Article III

Guaranty Absolute and Unconditional; Waivers

 

Section 3.01          Guaranty
Absolute and Unconditional; No Waiver of Obligations.  Each Guarantor guarantees that the Obligations
will be paid strictly in accordance with the terms of this Agreement and the other Transaction Documents, regardless of any law, regulation
or order of any Governmental Authority now or hereafter in effect. The Obligations of each Guarantor hereunder are independent of the
Obligations of any other Note Party under any Transaction Document. A separate action may be brought against each Guarantor to enforce
this Agreement, whether or not any action is brought against any other Note Party or whether or not any other Note Party is joined in
any such action. The liability of each Guarantor hereunder is irrevocable, continuing, absolute and unconditional and the Obligations
of each Guarantor hereunder shall not be discharged or impaired or otherwise effected by, and each Guarantor hereby irrevocably waives
any defenses to enforcement it may have (now or in the future) by reason of:

 

(a)            any
illegality or lack of validity or enforceability of any Obligation or any Transaction Document or any related agreement or instrument;

 

(b)            any
change in the time, place or manner of payment of, or in any other term of, the Obligations or any other obligation of any Note Party
under any Transaction Document, or any rescission, waiver, amendment or other modification of any Transaction Document or any other agreement,
including any increase in the Obligations resulting from any extension of additional credit or otherwise;

 

(c)            any
taking, release, impairment, amendment, waiver or other modification of any guaranty, for the Obligations;

 

(d)            any
default, failure or delay, willful or otherwise, in the performance of the Obligations;

 

(e)            any
change, merger, amalgamation, restructuring or termination of the corporate structure, ownership or existence of any Note Party or any
insolvency, bankruptcy, reorganization or other similar proceeding affecting the Issuer or its assets or any resulting release or discharge
of any Obligation;

 

(f)            any
failure of any Holder to disclose to any Note Party any information relating to the business, condition (financial or otherwise), operations,
performance, properties or prospects of any other Note Party now or hereafter known to any Holder; such Guarantor waiving any duty of
the Holders to disclose such information;

 

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(g)            the
failure of any Person to execute or deliver this Agreement, any other guaranty or agreement or the release or reduction of liability of
any other guarantor or surety with respect to the Obligations;

 

(h)            the
failure of any Holder to assert any claim or demand or to exercise or enforce any right or remedy under the provisions of any Transaction
Document or otherwise;

 

(i)             any
defense, set-off or counterclaim (other than a defense of payment or performance) that may at any time be available to, or be asserted
by, the Issuer against any Holder; or

 

(j)             any
other circumstance that may operate as a defense available to, or a legal or equitable discharge of, any Guarantor or other Note Party,
including, without limitation, (i) any statute of limitations, (ii) any manner of administering the Extensions of Credit, or
(iii) any existence of or reliance on any representation by any Holder that might vary the risk of such Guarantor.

 

Section 3.02          Waivers
and Acknowledgements.

 

(a)            Each
Guarantor hereby unconditionally and irrevocably waives any right to revoke this Agreement and acknowledges that this Agreement is continuing
in nature and applies to all presently existing and future Obligations.

 

(b)            Each
Guarantor hereby unconditionally and irrevocably waives promptness, diligence, notice of acceptance, presentment, demand for performance,
notice of non-performance, default, acceleration, protest or dishonor and any other notice with respect to any of the Obligations and
this Agreement and any requirement that any Holder protect, secure or perfect any Lien or insure any Lien or any property subject thereto.

 

(c)            Each
Guarantor hereby unconditionally and irrevocably waives any defense based on any right of set-off or recoupment or counterclaim against
or in respect of the Obligations of such Guarantor hereunder.

 

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Article IV

Guarantor Rights of Subrogation, Etc.

 

Section 4.01          Agreement
to Pay; Subrogation, Subordination, Etc.

 

(a)            Without
limiting any other right that the Collateral Agent or any Holder has at law or in equity against each Guarantor, if any Note Party fails
to pay any Obligation when and as due, whether at maturity, by acceleration, after notice of prepayment or otherwise, each Guarantor,
jointly and severally, agrees to promptly pay the amount of such unpaid Obligations to the Collateral Agent or the Holders in cash. Upon
payment by any Guarantor of any sums to the Collateral Agent or the Holders as provided herein, all of such Guarantor’s rights of
subrogation, exoneration, contribution, reimbursement, indemnity or otherwise arising therefrom against the Issuer or any other Note Party
shall be subordinate and junior in right of payment to, and postponed until, the prior indefeasible payment in full in cash of all Obligations.
In addition, any indebtedness of the Issuer now or hereafter held by each Guarantor is hereby subordinated in right of payment to the
prior payment in full in cash of the Obligations. If any payment shall be paid to any Guarantor in violation of the immediately preceding
sentence on account of (i) such subrogation, exoneration, contribution, reimbursement, indemnity or similar right or (ii) any
such indebtedness of the Issuer, such amount shall be held in trust for the benefit of the Holders, segregated from other funds of such
Guarantor, and promptly paid or delivered to the Holders in the same form as so received (with any necessary endorsement or assignment)
to be credited against the payment of the Obligations, whether due or to become due, in accordance with the terms of the Transaction Documents
or to be held as collateral for any Obligations.

 

Article V

Representations and Warranties; Covenants

 

Section 5.01          Representations
and Warranties.  Except as set forth in the Disclosure Schedules, which Disclosure Schedules
shall be deemed a part hereof and shall qualify any representation or otherwise made herein to the extent of the disclosure contained
in the corresponding section of the Disclosure Schedules, each Guarantor represents and warrants as to itself that all representations
and warranties relating to it contained in the Transaction Documents are true and correct. Each Guarantor further represents and warrants
that:

 

(a)            Such
Guarantor is a corporation, limited liability company or limited partnership, duly organized, validly existing and in good standing under
the laws of the jurisdiction of its organization, with the requisite corporate, limited liability company or limited partnership, power
and authority to own and use its properties and assets and to carry on its business as currently conducted. Such Guarantor is duly qualified
to do business and is in good standing as a foreign corporation, limited liability company or limited partnership in each jurisdiction
in which the nature of the business conducted or property owned by it makes such qualification necessary, except where the failure to
be so qualified or in good standing, as the case may be, would not have or reasonably be expected to result in a Material Adverse Effect.

 

(b)            Such
Guarantor has the requisite corporate, limited liability company or limited partnership power and authority to enter into and to consummate
the transactions contemplated by this Agreement, and otherwise to carry out its obligations hereunder. The execution and delivery of this
Agreement by such Guarantor and the consummation by it of the transactions contemplated hereby have been duly authorized by all requisite
corporate, limited liability company or limited partnership action on the part of such Guarantor. This Agreement has been duly executed
by such Guarantor and, when delivered in accordance with the terms hereof, will constitute the valid and binding obligation of such Guarantor
enforceable against such Guarantor in accordance with its terms, except as limited by general equitable principles and applicable bankruptcy,
insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally.

 

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(c)            The
execution, delivery and performance of this Agreement by such Guarantor and the consummation by such Guarantor of the transactions contemplated
hereby do not and will not (i) conflict with or violate any provision of its organizational documents, or (ii) conflict with,
constitute a default (or an event which with notice or lapse of time or both would become a default) under, or give to others any rights
of termination, amendment, acceleration or cancellation (with or without notice, lapse of time or both) of, any agreement, credit facility,
debt or instrument (evidencing a Issuer or Subsidiary debt or otherwise) to which such Guarantor is a party, or (iii) subject to
the Required Approvals, conflict with or result in a violation of any law, rule, regulation, order, judgment, injunction, decree or other
restriction of any court or Governmental Authority to which such Guarantor is subject, or by which any material property or asset of such
Guarantor is subject, or by which any property or asset of such Guarantor is bound or affected, except in the case of each of clauses (ii) and
(iii), such as would not reasonably be expected to result in a Material Adverse Effect. The business of such Guarantor is not being conducted
in violation of any law, ordinance or regulation of any Governmental Authority, except for violations which, individually or in the aggregate,
do not have a Material Adverse Effect.

 

(d)            Such
Guarantor is not required to obtain any consent, waiver, authorization or order of, give any notice to or make any filing or registration
with, any court or other federal, state, local or other Governmental Authority or other Person in connection with the execution, delivery
and performance by such Guarantor of this Agreement other than the Required Approvals, to the extent applicable.

 

(e)            There
are no conditions precedent to the effectiveness of this Agreement that have not been satisfied or waived.

 

(f)             Such
Guarantor has, independently and without reliance upon any Holder and based on such documents and information as it has deemed appropriate,
made its own credit analysis and decision to enter into this Agreement and any other Transaction Document to which it is or may become
a party, and has established adequate procedures for continually obtaining information pertaining to, and is now and at all times will
be completely familiar with, the business, condition (financial or otherwise), operations, performance, properties and prospects of each
other Note Party.

 

Section 5.02          Covenants.
 Each Guarantor covenants and agrees that, until the Termination Date, such Guarantor will perform
and observe all of the terms, covenants and agreements set forth in the Transaction Documents that are required to be, or that the Issuer
has agreed to cause to be, performed or observed by such Guarantor.

 

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Article VI

Miscellaneous

 

Section 6.01          Amendments.
 No term or provision of this Agreement may be waived, amended, supplemented or otherwise modified
except in a writing signed by each Guarantor and the Collateral Agent.

 

Section 6.02          Indemnification.

 

(a)            Subject
to the provisions of this Section 6.02 and Section 4.9 of the Purchase Agreement, each Guarantor hereby, jointly and
severally, agrees to indemnify and hold harmless the Collateral Agent, each Holder and each Related Party of any of the foregoing Persons
(each such Person being called an “Indemnitee”) from any and all losses, liabilities, obligations, claims, contingencies,
damages, costs and documented expenses, including all judgments, amounts paid in settlements, court costs and reasonable attorneys’
fees and costs of investigation that any such Indemnitee may suffer or incur as a result of or relating to (a) any breach of any
of the representations, warranties, covenants or agreements made by such Guarantor in this Agreement or in the other Transaction Documents
to which it is a party or (b) any Action instituted against the Indemnitees in any capacity, or any of them or their respective Affiliates,
by any stockholder or creditor of any Note Party or any other Person, with respect to any of the transactions contemplated by the Transaction
Documents (unless such Action is based upon a breach of such Indemnitee’s representations, warranties or covenants under the Transaction
Documents or any violations by such Indemnitee of state or federal securities laws or any conduct by such Indemnitee which is finally
judicially determined to constitute fraud, gross negligence or willful misconduct). If any Action shall be brought against any Indemnitee
in respect of which indemnity may be sought pursuant to this Agreement, such Indemnitee shall promptly notify such Guarantor in writing,
and such Guarantor shall have the right to assume the defense thereof with counsel of its own choosing. Any Indemnitee shall have the
right to employ separate counsel in any such Action and participate in the defense thereof, but the fees and expenses of such counsel
shall be at the expense of such Indemnitee except to the extent that (i) the employment thereof has been specifically authorized
by the Note Parties in writing, (ii) in such Action there is, in the reasonable opinion of counsel, a material conflict on any material
issue between the position of such Guarantor and the position of such Indemnitee or (iii) such Guarantor has failed after a reasonable
period of time to assume such defense, in which case such Guarantor shall be responsible for the reasonable, documented fees and expenses
of no more than one such separate counsel. No Guarantor will be liable to any Indemnitee under this Agreement for any settlement by a
Indemnitee effected without such Guarantor’s prior written consent, which shall not be unreasonably withheld or delayed. The indemnification
required by this Section 6.02 shall be made by periodic payments of the amount thereof during the course of the investigation
or defense, as and when bills are received or are incurred. The indemnity agreements contained herein shall be in addition to any cause
of action or similar right of any Indemnitee against any Note Party or others and any liabilities any Note Party may be subject to pursuant
to law.

 

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(b)            Without
prejudice to the survival of any other agreement of a Guarantor under this Agreement or any other Transaction Documents, the agreements
and obligations of each Guarantor contained in Section 2.01 (with respect to enforcement expenses), Section 2.02
and this Section shall survive termination of the Transaction Documents and payment in full of the Obligations and all other amounts
payable under this Agreement.

 

Section 6.03          Judgment
Currency. Section 5.23 of the Purchase Agreement is incorporated herein and made of part
hereof mutatis mutandis.

 

Section 6.04          Taxes.
All payments to be made by a Note Party under this Agreement shall be made without any Tax Deduction (as defined below) unless a Tax Deduction
is required by law. A Note Party shall promptly upon becoming aware that it must make a Tax Deduction (or that there is any change in
the rate or the basis of a Tax Deduction) notify the Collateral Agent accordingly. If a Tax Deduction is required by law to be made by
a Note Party, the amount of the payment due from such Note Party under this Agreement shall be increased to an amount which (after making
any Tax Deduction) leaves an amount equal to the payment which would have been due under this Agreement if no Tax Deduction had been required.
If a Note Party is required to make a Tax Deduction, it shall make that Tax Deduction and any payment required in connection with that
Tax Deduction within the time allowed and in the minimum amount required by law. Within thirty (30) days of making either a Tax Deduction
or any payment required in connection with that Tax Deduction, the applicable Note Party shall deliver to the Collateral Agent evidence
reasonably satisfactory to the Collateral Agent that the Tax Deduction has been made and that any appropriate payment has been paid to
the relevant taxing authority. For greater certainty, (i) this Section 6.04 applies to all payments made under this Agreement,
and (ii) a Note Party is obligated to indemnify the Collateral Agent and the Holders pursuant to this Section 6.04 in
the event that a Tax Deduction is required in respect of any payment to be made to the Collateral Agent under this Agreement and the company
and/or its subsidiaries fail to comply with this Section 6.04. For purposes of this Section 6.04, "Tax"
means any tax, levy, impost, duty or other charge or withholding of a similar nature (including any penalty or interest payable in connection
with any failure to pay or any delay in paying any of the same) and "Tax Deduction" means any deduction or withholding
for or on account of any Tax

 

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Section 6.05          Notices.

 

(a)            Notices
Generally. Except in the case of notices and other communications expressly permitted to be given by telephone (or by e-mail as provided
in paragraph (b) below), all notices and other communications provided for herein shall be made in writing and mailed by certified
or registered mail, delivered by hand or overnight courier service, or sent by facsimile or e-mail as follows:

 

(i)             If
to a Guarantor, c/o Genius Group Limited, 8 Amoy Street, #01-01, Singapore 049950, Attn: Erez Simha erez@geniusgroup.net,

 

(ii)            If
to the Collateral Agent, to it at its address (or facsimile number) set forth in the Securities Purchase Agreement.

 

(iii)           If
to a Holder, to it at its address (or facsimile number) set forth in the Securities Purchase Agreement.

 

Notices mailed by certified
or registered mail or sent by hand or overnight courier service shall be deemed to have been given when received. Notices sent by facsimile
or e-mail during the recipient’s normal business hours shall be deemed to have been given when sent (and if sent after normal business
hours shall be deemed to have been given at the opening of the recipient’s business on the next Business Day).

 

(b)           Change
of Address, Etc.  Any party hereto may change its address or facsimile number for notices and other communications hereunder by notice
to the other parties hereto.

 

Section 6.06          Continuing
Guaranty; Assignments Under the Note. This Agreement is a continuing guaranty and shall (i) remain
in full force and effect until the payment in full in cash of the Obligations and all other amounts payable under this Agreement and the
other Transaction Documents (the “Termination Date”), (ii) be binding on each Guarantor, its successors and assigns,
and (iii) inure to the benefit of and be enforceable by the Collateral Agent and the Holders and their respective successors and
assigns. Any Holder may assign or otherwise transfer all or any portion of its rights and obligations under the Note to any other Person
in accordance with the terms of the Note, and such other Person shall thereupon become vested with all the benefits in respect thereof
granted to such Holder herein or otherwise. No Guarantor shall have the right to assign its rights or delegate its obligations hereunder
or any interest herein without the prior written consent of the Collateral Agent. Notwithstanding the foregoing, any Guarantor shall automatically
be released from its obligations under this Agreement and the other Transaction Documents upon the consummation of any transaction not
prohibited by the Transaction Documents as a result of which such Guarantor ceases to be a direct or indirect Subsidiary of Issuer.

 

Section 6.07          Counterparts;
Integration; Effectiveness; Electronic Execution.  This Agreement and any amendments, waivers,
consents or supplements hereto may be executed in counterparts (and by different parties hereto in different counterparts), each of which
shall constitute an original, but all taken together shall constitute a single contract. This Agreement and the other Transaction Documents
constitute the entire contract among the parties with respect to the subject matter hereof and supersede all previous agreements and understandings,
oral or written, with respect thereto. This Agreement shall become effective when it shall have been executed by the Collateral Agent
and when the Collateral Agent shall have received counterparts hereof that together bear the signatures of each of the other parties hereto.
Delivery of an executed counterpart of a signature page to this Agreement by facsimile or in electronic (i.e., “pdf”
or “tif”) format shall be effective as delivery of a manually executed counterpart of this Agreement.

 

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Section 6.08          Governing
Law; Jurisdiction; Etc.

 

(a)            Governing
Law. All questions concerning the construction, validity, enforcement and interpretation of this Agreement and the other Transaction
Documents shall be governed by and construed and enforced in accordance with the internal laws of the State of New York, without regard
to the principles of conflicts of law thereof.

 

(b)            Submission
to Jurisdiction.

 

Each party agrees that all legal Proceedings concerning
the interpretations, enforcement and defense of the transactions contemplated by this Agreement and any other Transaction Documents (whether
brought against a party hereto or its respective affiliates, directors, officers, shareholders, partners, members, employees or agents)
shall be commenced exclusively in the state and federal courts sitting in the City of New York. Each party hereby irrevocably submits
to the exclusive jurisdiction of the state and federal courts sitting in the City of New York, Borough of Manhattan for the adjudication
of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein (including with respect
to the enforcement of any of the Transaction Documents). Nothing contained herein shall be deemed or operate to preclude the Collateral
Agent from bringing suit or taking other legal action against a Note Party in any other jurisdiction to collect on such Note Party’s
obligations hereunder, to realize on any collateral or any other security for such obligations, or to enforce a judgment or other court
ruling in favor of the Collateral Agent.

 

(c)            Waiver
of Venue. Each party hereby irrevocably waives, and agrees not to assert in any Action or Proceeding, any claim that it is not personally
subject to the jurisdiction of any such court, that such Action or Proceeding is improper or is an inconvenient venue for such Proceeding.

 

(d)            Service
of Process. Each party hereby irrevocably waives personal service of process and consents to process being served in any such Action
or Proceeding by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of delivery) to such party
at the address in effect for notices to it under this Agreement and agrees that such service shall constitute good and sufficient service
of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any other manner
permitted by law.

 

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Section 6.09          Waiver
of Jury Trial. IN ANY ACTION, SUIT, OR PROCEEDING IN ANY JURISDICTION BROUGHT BY ANY PARTY AGAINST
ANY OTHER PARTY, THE PARTIES EACH KNOWINGLY AND INTENTIONALLY, TO THE GREATEST EXTENT PERMITTED BY APPLICABLE LAW, HEREBY ABSOLUTELY,
UNCONDITIONALLY, IRREVOCABLY AND EXPRESSLY WAIVES FOREVER TRIAL BY JURY.

 

Section 6.10          Joint
and Several Obligations. Each Guarantor agrees that the obligations of the “Guarantors” hereunder and under the other
Transaction Documents are joint and several obligations of each of the Guarantors. Each Guarantor further specifically agrees that it
shall not be necessary or required, and that no Guarantor shall be entitled to require, before or as a condition precedent to the enforcement
of the obligations of such Guarantor hereunder or under the other Transaction Documents, that Collateral Agent or any Holder or any other
Person: (a) make any effort to enforce the payment or performance by any other Guarantor of any of its obligations under this Agreement
or the other Transaction Documents, or (b) foreclose against or seek to realize upon collateral security or other credit support,
if any, now or hereafter existing, for the Obligations or any obligations of any of the Guarantors under this Agreement or the other Transaction
Documents, or (c) file suit or proceed to obtain or assert a claim for personal judgment against any other Guarantor or any other
Person liable for payment or performance of any of the Obligations or of any of the obligations of any of the Guarantors under this Agreement
or the other Transaction Documents, or (d) exercise or assert any other right or remedy to which Collateral Agent, the Holders or
any other person is or may be entitled in connection with this Agreement or the other Transaction Documents, the Obligations, or any security
or other guaranty therefor, or (e) assert of file any claim against the assets of the other Guarantor, or any other person liable
for the Obligations or any of the obligations of any of the Guarantors under this Agreement or the other Transaction Documents, or any
part thereof. Each Guarantor hereby unconditionally waives any requirement that, as a condition precedent to the enforcement of the obligations
of such Guarantor hereunder or under the other Transaction Documents, the other Guarantors, the Collateral Agent, the Collateral Agent
or any Holder be joined as parties to any proceedings for the enforcement of any provision of this Agreement or the other Transaction
Documents.

 

[Signature Pages Follow]

 

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IN WITNESS WHEREOF, the parties
hereto have caused this Agreement to be executed as of the date first written above by their respective officers thereunto duly authorized.

 

	 	UNIVERSITY OF ANTELOPE VALLEY, INC., a California corporation,
	 	as a Guarantor
	 	 
	 	 
	 	By:	/s/ Roger Hamilton
	 	Name:	Roger Hamilton
	 	Title:	CEO
	 	 
	 	 
	 	Property Investors Network Ltd., a United Kingdom private limited company, as a Guarantor
	 	 
	 	 
	 	By:	/s/ Roger Hamilton
	 	Name:	Roger Hamilton
	 	Title:	CEO
	 	 
	 	 
	 	Mastermind
    Principles Limited, a United Kingdom private
    limited company, as a Guarantor
	 	 
	 	 
	 	By:	/s/ Roger Hamilton
	 	Name:	Roger Hamilton
	 	Title:	CEO
	 	 
	 	E-Squared
    Education Enterprises (Pty) Ltd, a South African private limited company, as a Guarantor
	 	 
	 	 
	 	By: 	/s/ Roger Hamilton
	 	Name:	Roger Hamilton
	 	Title:	CEO

 

Signature Page to Subsidiary Guaranty

 

     

     

    

 

	 	Wealth Dynamics Pte Ltd, a Singapore private limited company, as a Guarantor
	 	 
	 	 
	 	By:	/s/ Roger Hamilton
	 	Name:	Roger Hamilton
	 	Title:	CEO
	 	 
	 	Entrepreneur Resorts Limited, a Seychelles public listed company, as a Guarantor
	 	 
	 	 
	 	By:	/s/ Roger Hamilton
	 	Name:	Roger Hamilton
	 	Title:	CEO
	 	 
	 	GENIUSU Ltd, a Singapore private limited company, as a Guarantor
	 	 
	 	 
	 	By: 	/s/ Roger Hamilton
	 	Name:	Roger Hamilton
	 	Title:	CEO
	 	 
	 	Entrepreneur Resorts PTE Limited, a Singapore private limited company, as a Guarantor
	 	 
	 	 
	 	By:	/s/ Roger Hamilton
	 	Name:	Roger Hamilton
	 	Title:	CEO
	 	 
	 	PT. BALI XL VISION VILLA, an Indonesian company, as a Guarantor
	 	 
	 	 
	 	By:	/s/ Roger Hamilton
	 	Name:	Roger Hamilton
	 	Title:	CEO

 

Signature Page to Subsidiary Guaranty

 

     

     

    

 

	 	TAU GAME Lodge (PTY) LTD, a a South African private limited company, as a Guarantor
	 	 
	 	 
	 	By:	/s/ Roger Hamilton
	 	Name:	Roger Hamilton
	 	Title:	CEO
	 	 
	 	MALTA GAME LODGE (PTY) LTD, a a South African private limited company, as a Guarantor
	 	 
	 	 
	 	By:	/s/ Roger Hamilton
	 	Name:	Roger Hamilton
	 	Title:	CEO
	 	 
	 	Education Angels in Home Childcare Limited, a New Zealand private limited company
	 	 
	 	 
	 	By:	/s/ Roger Hamilton
	 	Name:	Roger Hamilton
	 	Title:	CEO
	 	 
	 	GENIUS GROUP USA INC., a Delaware corporation, as a Guarantor
	 	 
	 	 
	 	By:	/s/ Erez Simha
	 	Name:	Erez Simha
	 	Title:	CFO
	 	 
	 	GENIUS Central singapore pte ltd., a Singapore private limited company, a Guarantor
	 	 
	 	 
	 	By:	/s/ Roger Hamilton
	 	Name:	Roger Hamilton
	 	Title:	CEO

 

Signature Page to Subsidiary Guaranty

 

     

     

    

 

	 	Talent dynamics pathway pty ltd, a United Kingdom private limited company, as a Guarantor
	 	 
	 	 
	 	By:	/s/ Roger Hamilton
	 	Name:	Roger Hamilton
	 	Title:	CEO

 

Signature Page to Subsidiary Guaranty

 

     

     

    

 

AGREED AND ACCEPTED:

 

	Alto Opportunity Master Fund, SPC – Segregated Master Portfolio B	 
	as Collateral Agent	 
	 	 
	 	 
	By	/s/ Waqas Khatri	 
	Name: Waqas
    Khatri	 
	Title: Director	 

 

Signature Page to Subsidiary GuarantyExhibit 10.5

 

VOTING AGREEMENT

 

Voting Agreement (this “Agreement”),
dated August 26, 2022, by and among Genius Group Limited, a Singapore public limited company (the “Company”) and
the Stockholders listed on the signature pages hereto under the heading “Stockholders”
(each a “Stockholder” and collectively, the “Stockholders”).

 

WHEREAS, the Company and certain
Buyers have entered into a Securities Purchase Agreement (the "Purchase Agreement"), dated as August 24, 2022 (the
 "Subscription Date"), pursuant to which, among other things, the Company has agreed to issue and sell to the Buyers,
and the Buyers have agreed to purchase, Senior Secured Convertible Notes due, subject to the terms therein, February 26, 2025 (the
 "Notes") pursuant to which are convertible into or otherwise payable in the Company’s ordinary shares, no par value
per share (the “Ordinary Shares”);

 

WHEREAS, as of the date hereof, the Stockholders
hold an aggregate of 14,939,098 Ordinary Shares; and

 

WHEREAS, as a condition to
the willingness of the Buyers to enter into the Purchase Agreement and to consummate the transactions contemplated thereby (collectively,
the "Transactions"), the Buyers have required that each Stockholder agree, and in order to induce the Buyers to enter
into the Purchase Agreement, each Stockholder has agreed, to enter into this Agreement with respect to all the Ordinary Shares now owned
and which may hereafter be acquired by the Stockholders or their respective controlled affiliates and any other securities, if any, which
such Stockholder or its controlled affiliates is currently entitled to vote, or after the date hereof, becomes entitled to vote, at any
meeting of stockholders of the Company (the "Other Securities").

 

NOW, THEREFORE, in consideration of the foregoing
and the mutual covenants and agreements contained herein, and intending to be legally bound hereby, the parties hereto hereby agree as
follows:

 

ARTICLE I

 

VOTING AGREEMENT OF THE STOCKHOLDERS

 

SECTION 1.01. Voting
Agreement. Each Stockholder hereby agrees that at any meeting of the stockholders of the Company, however called, and in any action
by written consent of the Company's stockholders, each of the Stockholders shall vote the Ordinary Shares: (a) in favor of the proposal
for the NYSE Stockholder Approval (as defined in the Purchase Agreement) and in favor of the proposal for the Initial Singapore Stockholder
Approval (as defined in the Purchase Agreement) and in favor of the proposal for each Subsequent Singapore Stockholder Approval, in each
case, as described in Section 4.12 of the Purchase Agreement; and (b) against any proposal or any other corporate action or
agreement that would result in a breach of any covenant, representation or warranty or any other obligation or agreement of the Company
under the Purchase Agreement or which could result in any of the conditions to the Company's obligations under the Purchase Agreement
not being fulfilled. Each Stockholder acknowledges receipt and review of a copy of the Purchase Agreement and the other Transaction Documents
(as defined in the Purchase Agreement).

 

    

     

    

 

ARTICLE II

 

REPRESENTATIONS AND WARRANTIES OF THE STOCKHOLDERS

 

Each Stockholder hereby represents
and warrants, severally but not jointly, to each of the Buyers as follows:

 

SECTION 2.01. Authority
Relative to This Agreement. Each Stockholder has all necessary legal capacity, power and authority to execute and deliver this Agreement,
to perform its obligations hereunder and to consummate the transactions contemplated hereby. This Agreement has been duly executed and
delivered by such Stockholder and constitutes a legal, valid and binding obligation of such Stockholder, enforceable against such Stockholder
in accordance with its terms, except (a) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization,
fraudulent conveyance, moratorium or similar laws now or hereafter in effect relating to, or affecting generally the enforcement of creditors'
and other obligees' rights, (b) where the remedy of specific performance or other forms of equitable relief may be subject to certain
equitable defenses and principles and to the discretion of the court before which the proceeding may be brought, and (c) where rights
to indemnity and contribution thereunder may be limited by applicable law and public policy.

 

SECTION 2.02. No Conflict.
(a) The execution and delivery of this Agreement by such Stockholder does not, and the performance of this Agreement by such Stockholder
shall not, (i) conflict with or violate any foreign, federal, state or local law, statute, ordinance, rule, regulation, order, judgment
or decree applicable to such Stockholder or by which the Ordinary Shares or the Other Securities owned by such Stockholder are bound or
affected or (ii) result in any breach of or constitute a default (or an event that with notice or lapse of time or both would become
a default) under, or give to others any rights of termination, amendment, acceleration or cancellation of, or result in the creation of
a lien, charge, pledge, option, security interest, encumbrance, tax, right of first refusal, preemptive right or other restriction (each,
a "Lien") on any of the Ordinary Shares or the Other Securities owned by such Stockholder pursuant to, any note, bond,
mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which such Stockholder
is a party or by which such Stockholder or the Ordinary Shares or Other Securities owned by such Stockholder are bound.

 

(b) The execution and
delivery of this Agreement by such Stockholder does not, and the performance of this Agreement by such Stockholder shall not, require
any consent, approval, authorization or permit of, or filing with or notification to, any governmental entity by such Stockholder.

 

SECTION 2.03. Title
to the Stock. As of the date hereof, each Stockholder is the owner of the number of shares of Ordinary Shares set forth opposite its
name on Appendix A attached hereto, entitled to vote, without restriction, on all matters brought before holders of capital stock
of the Company, which Ordinary Shares represents on the date hereof the percentage of the outstanding stock and voting power of the Company
set forth on such Appendix. Such Ordinary Shares represents all the securities of the Company owned, either of record or beneficially,
by such Stockholder. Such Ordinary Shares is owned free and clear of all Liens or limitations on such Stockholder's voting rights of any
nature whatsoever. No Stockholder has appointed or granted any proxy, which appointment or grant is still effective, with respect to the
Ordinary Shares or Other Securities owned by such Stockholder.

 

ARTICLE III

 

COVENANTS

 

SECTION 3.01. No Disposition
or Lien of Stock. Each Stockholder hereby covenants and agrees that, until the Lock-Up Expiration Date (as defined below), except
as contemplated by this Agreement, such Stockholder shall not offer or agree to sell, transfer, tender, assign, hypothecate, pledge or
otherwise dispose of, grant a proxy or power of attorney with respect to, or create or permit to exist any Lien or limitation on such
Stockholder's voting rights of any nature whatsoever with respect to the Ordinary Shares or Other Securities, directly or indirectly,
initiate, solicit or encourage any person to take actions which could reasonably be expected to lead to the occurrence of any of the foregoing;
provided, however, that any such Stockholder may assign, sell or transfer any Ordinary Shares or Other Securities provided
that any such recipient of the Ordinary Shares or Other Securities has delivered to the Company and each Buyer or other holder of Notes
a written agreement in a form reasonably satisfactory to the Buyers or other holders of Notes that the recipient shall be bound by, and
the Ordinary Shares and/or Other Securities so transferred, assigned or sold shall remain subject to this Agreement. For purposes hereof,
 “Lock-Up Expiration Date” means (i) with respect to each Stockholder that executed and delivered a Lock-Up Agreement
to Boustead Securities, LLC in connection with the Company’s initial public offering, the later of (x) the date that the Company
obtains the Initial Singapore Stockholder Approval and (y) April 11, 2023, and (ii) with respect to each other Stockholder,
the date that the Company obtains the Initial Singapore Stockholder Approval.

 

    

     

    

 

SECTION 3.02. Company
Cooperation. The Company hereby covenants and agrees that it will not, and such Stockholder irrevocably and unconditionally acknowledges
and agrees that the Company will not (and waives any rights against the Company in relation thereto), recognize any Lien or agreement
on any of the Ordinary Shares or Other Securities subject to this Agreement unless the provisions of Section 3.01 have been complied
with.

 

ARTICLE IV

MISCELLANEOUS

 

SECTION 4.01. Further
Assurances. Each Stockholder will execute and deliver such further documents and instruments and take all further action as may be
reasonably necessary in order to consummate the transactions contemplated hereby.

 

SECTION 4.02. Third
Party Beneficiary; Specific Performance. Each Buyer (and each other holder of Notes) is an express third-party beneficiary of this
Agreement and shall have the right to enforce this Agreement against the Company and the Stockholders as if each such Buyer (or each other
holder of Notes) was a party hereto. In addition to being entitled to exercise all rights provided herein or granted by law, including
recovery of damages, each of the Buyers or any other holder of Notes (without being joined by any other Buyer or holder of Notes) and
the Company will be entitled to specific performance under this Agreement. The parties agree that monetary damages may not be adequate
compensation for any loss incurred by reason of any breach of obligations contained herein and hereby agree to waive and not to assert
in any action for specific performance of any such obligation the defense that a remedy at law would be adequate.

 

SECTION 4.03. Entire
Agreement. This Agreement contains the entire understanding of the parties with respect to the subject matter hereof and thereof and
supersedes all prior agreements and understandings, oral or written, with respect to such matters, which the parties acknowledge have
been merged into such documents.

 

SECTION 4.04. Amendment.
The provisions of this Agreement may not be amended or waived, nor may this Agreement be terminated by the Company without the prior written
consent of the Buyers.

 

SECTION 4.05. Severability.
If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction to be invalid, illegal,
void or unenforceable, the remainder of the terms, provisions, covenants and restrictions set forth herein shall remain in full force
and effect and shall in no way be affected, impaired or invalidated, and the parties hereto shall use their commercially reasonable efforts
to find and employ an alternative means to achieve the same or substantially the same result as that contemplated by such term, provision,
covenant or restriction. It is hereby stipulated and declared to be the intention of the parties that they would have executed the remaining
terms, provisions, covenants and restrictions without including any of such that may be hereafter declared invalid, illegal, void or unenforceable.

 

    

     

    

 

SECTION 4.06. Governing
Law. All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by and
construed and enforced in accordance with the internal laws of the State of New York, without regard to the principles of conflicts of
law thereof. Each party agrees that all legal proceedings concerning the interpretation, enforcement and defense of the transactions contemplated
by this Agreement (whether brought against a party hereto or its respective affiliates, directors, officers, stockholders, partners, members,
employees or agents) shall be commenced exclusively in the state and federal courts sitting in the City of New York. Each party hereby
irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in the City of New York, Borough of Manhattan
for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein,
and hereby irrevocably waives, and agrees not to assert in any action or proceeding, any claim that it is not personally subject to the
jurisdiction of any such court, that such action or proceeding is improper or is an inconvenient venue for such proceeding. Notwithstanding
the foregoing, nothing herein prevents the Buyers from commencing an action against a Stockholder or the Company in any court of any jurisdiction
outside of the State of New York as the Buyers deem necessary or appropriate. Each party hereby irrevocably waives personal service of
process and consents to process being served in any such action or proceeding by mailing a copy thereof via registered or certified mail
or overnight delivery (with evidence of delivery) to such party at the address set forth on the signature pages to this Agreement
(and service so made shall be deemed complete three days after the same has been posted) and agrees that such service shall constitute
good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve
process in any other manner permitted by law. Any Buyer or other holder of Notes shall be entitled to its reasonable attorneys' fees in
any action brought to enforce this Agreement in which it is the prevailing party. IN ANY ACTION OR PROCEEDING IN ANY JURISDICTION BROUGHT
BY ANY PARTY AGAINST ANY OTHER PARTY, THE PARTIES EACH KNOWINGLY AND INTENTIONALLY, TO THE GREATEST EXTENT PERMITTED BY APPLICABLE LAW,
HEREBY ABSOLUTELY, UNCONDITIONALLY, IRREVOCABLY AND EXPRESSLY WAIVES FOREVER TRIAL BY JURY.

 

[Signature Page Follows]

 

    

     

    

 

IN WITNESS WHEREOF, each Stockholder and the Company has duly executed
this Agreement.

 

	 	 	
    THE COMPANY:

     

    GENIUS GROUP LIMITED

	 	 	 
	 	 	By:	/s/ Roger James Hamilton
	 	 	 	Name: Roger James Hamilton
	 	 	 	 
	 	 	 	Title: Chief Executive Officer and Director

 

    

     

    

 

[Stockholder Signature Page to Genius Group
Voting Agreement]

 

	 	 

Roger James Hamilton

 

Date:

 

Address:

 

E-mail address:

 

    

     

    

 

[Stockholder Signature Page to Genius Group
Voting Agreement]

 

	 	 

Erez Simha

 

Date:

 

Address:

 

E-mail address

 

    

     

    

 

[Stockholder Signature Page to Genius Group
Voting Agreement]

 

	 	 

Sandra Lee Morrell

 

Date:

 

Address:

 

E-mail address

 

    

     

    

 

[Stockholder Signature Page to Genius Group
Voting Agreement]

 

	 	 

Michelle Clarke

 

Date:

 

Address:

 

E-mail address

 

    

     

    

 

[Stockholder Signature Page to Genius Group
Voting Agreement]

 

	 	 

Suraj Prakash Naik

 

Date:

 

Address:

 

E-mail address

 

    

     

    

 

[Stockholder Signature Page to Genius Group
Voting Agreement]

 

	 	 

Jeremy Harris

 

Date:

 

Address:

 

E-mail address

 

    

     

    

 

[Stockholder Signature Page to Genius Group
Voting Agreement]

 

	 	 

Patrick Ykin Grove

 

Date:

 

Address:

 

E-mail address

 

    

     

    

 

[Stockholder Signature Page to Genius Group
Voting Agreement]

 

	 	 

Lim Kah Wui

 

Date:

 

Address:

 

E-mail address

 

    

     

    

 

[Stockholder Signature Page to Genius Group
Voting Agreement]

 

	 	 

Gong Ling Jun Anna

 

Date:

 

Address:

 

E-mail address

 

    

     

    

 

[Stockholder Signature Page to Genius Group
Voting Agreement]

 

	 	 

Richard Jay Berman

 

Date:

 

Address:

 

E-mail address

 

    

     

    

 

[Stockholder Signature Page to
Genius Group Voting Agreement]

 

	 	 

Simon Zutshi

 

Date:

 

Address:

 

E-mail address

 

    

     

    

 

[Stockholder Signature Page to Genius Group
Voting Agreement]

 

	 	 

Sandra Johnson

 

Date:

 

Address:

 

E-mail address

 

    

     

    

 

[Stockholder Signature Page to Genius Group
Voting Agreement]

 

	 	 

Marco Johnson

 

Date:

 

Address:

 

E-mail address

 

    

     

    

 

APPENDIX A

 

	Stockholder	 	Ordinary Shares 
 Owned by Stockholder

    or Controlled Affiliates	 	 	Percentage of Stock

 Outstanding	 
	Roger James Hamilton	 	 	9,363,582	 	 	 	37.92	%
	Sandra Morrell	 	 	776,658	 	 	 	3.15	%
	Michelle Clarke	 	 	493,950	 	 	 	2.00	%
	Suraj Naik	 	 	263,592	 	 	 	1.07	%
	Jeremy Harris	 	 	83,016	 	 	 	.34	%
	Patrick Grove	 	 	6,000	 	 	 	.02	%
	Nic Lim	 	 	6,300	 	 	 	.03	%
	Anna Gong	 	 	6,000	 	 	 	.02	%
	Richard J. Berman	 	 	0	 	 	 	0	%
	Erez Simha	 	 	0	 	 	 	0	%
	Simon Zutshi	 	 	2,960,000	 	 	 	11.99	%
	Marco Johnson	 	 	980,000	 	 	 	3.97	%

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}]]