Clean Energy Technologies, Inc. announced that it has entered into a Securities Purchase Agreement with returning investor, 1800 Diagonal Lending, LLC to issue Convertible Promissory Note, due October 30, 2024 for the principle amount of $92,000 for a purchase price of $80,000 plus an original issue discount in the amount of $12,000, and a one-time interest charge of $9,200 on December 21, 2023. The Company shall make 10 payments each in the amount of $10,120 to 1800 Diagonal Lending, LLC every month, with the first one due January 30, 2024.The principal and interest of the Note may be converted in whole or in part at any time on or following the issue date, into common stock of the Company, par value $.001 share. The per share conversion price into which principal amount and accrued interest may be converted into shares of Common Stock equals $1.60, subject to adjustment as provided in the Note.

Upon an event of default, the Note will become immediately payable and the company shall be required to pay a default rate of interest of 22% per annum. The Note contains customary representations, warranties and covenants of the company.