Alset International Limited (AIL), a majority-owned subsidiary of Alset Inc., is providing a $2,450,000 loan to DSS, Inc. The loan is in exchange for a convertible promissory note and warrants to purchase 16,554,055 shares of DSS common stock. The convertible promissory note bears a simple interest rate of 3% per annum and matures in five years from its issue date. AIL may convert any outstanding principal and interest into shares of DSS common stock at $0.74 per share. The warrants allow AIL to purchase up to 16,554,055 shares of DSS common stock at an exercise price of $0.93 per share, expiring on their fifth anniversary. The closing of the transaction is contingent upon certain conditions, including the approval of DSS stockholders. Alset Inc. and DSS Inc. are related parties under the common control of Chan Heng Fai, who serves as Chairman and Chief Executive Officer of Alset and Chairman of DSS.