Onar Holding Corp

As previously reported, a Senior Secured Promissory Note issued by Integrum Group, LLC (now ONAR, LLC) in the principal amount of $1,500,000 had matured on March 18, 2025 and remained outstanding as of June 30, 2026. Effective July 13, 2026, that note was superseded in its entirety by a Settlement Agreement and Mutual Release, entered into on July 16th, 2026, providing for scheduled payments through February 2030, and the Company is current on its obligations thereunder. See Notes 7 and 8 to the condensed consolidated financial statements. Accordingly, no amounts are in default under the note as of the date of this Report.

In addition, as of June 30, 2026, $60,000 of scheduled payments under the Company’s related-party secured convertible promissory note (original principal amount of $1,009,062) had not yet been made, and $5,000 of contractual late fees had accrued. The holder did not issue a notice of default or seek to accelerate the note. On July 16, 2026, the Company and the related party entered into a First Amendment and Forbearance Agreement pursuant to which the late fees and an 8% extension fee were capitalized to principal, the maturity was extended to November 16, 2026, and the Company agreed to a revised payment schedule, as described in Note 8 to the condensed consolidated financial statements.