On April 22, 2021, Kisses From Italy Inc. caused its wholly-owned subsidiary, Kisses from Italy-Franchising, LLC to enter into a Consulting Agreement with Fransmart, LLC effective as of April 16, 2021, pursuant to which the Franchisor engaged Fransmart as its exclusive global franchise developer and representative for a period of ten years. In consideration for its services under the Consulting Agreement, Fransmart is entitled to receive certain fees, royalties and commissions expressly contingent upon Fransmart achieving certain agreed upon milestones on behalf of the Company.