NextTrip, Inc. borrowed $150,000 on June 25, 2026, and $100,000 on June 30, 2026, from The Donald P. Monaco Insurance Trust. These loans are part of a series of short-term unsecured loans from the Trust, known as the Monaco Loans, which began on March 25, 2026. As of the report date, the total principal balance of the Monaco Loans is $950,000. Interest on these loans accrues at a simple annual rate of 7.5%. The maturity date for the Monaco Loans has been extended to July 15, 2026. Both the Company's Board of Directors and its Audit Committee have approved these loans.