Atlantic Wave–Cyberlux Settlement Agreement — 15 June 2023

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.673 Page 3 of 16Cyberlux_Sertlement_Agreement_Final 002_-l .pdf ti le:// IC :/U sers/w i I lw/Down loads/Cyberl ux_ Settlement_ Agreement. .. 2 of 15 WHEREAS, the Parties to this Agreement have been told by Cyberlux for more than six (6) months that Cyberlux anticipates a significant cash inflow connected with the sales of certain drone products. NOW, THEREFORE, 111 consideration of the promises, and other good and valuable consideration, the sufficiency of which is acknowledged by the Parties, and intending to be legally bound, the Parties to this Agreement agree as follows: AGREEME 'T Recitals. The recitals set forth above are incorporated herein. l: 2. Settlement Consideration and Consent to Final Judgment. To avoid the substantial cost and uncertainty in prosecuting the Litigation, Defendants agree to the join and simultaneously endorse for immediate entry a consent order awarding a FINAL JUDGEMENT to Plaintiffs in the form attached to this Agreement as Exhibit A (the "Consent Judgment"), which will jointly and severally bind Defendants for payment of the following liquidated sums in resolution of ce1tain discreet claims at issue in the Litigation, as well as resolving and terminating any potential dispute that Strikcpoint may have against Defendants arising out of the Strikepoint Consulting Agreement: IP Agreement: ONE MILLION TWO HUNDRED THOUSAND DOLLARS ($1,200,000) minus payments made of TWO HUNDRED SEVENTY­ SEVEN THOUSAND FIVE HUNDRED DOLLARS ($277,500) for a total due of NfNE HUNDRED TWENTY-TWO THOUSAND FTVE HUNDRED DOLLARS ($922,500), as the balance due and owing for installment payments under the IP Agreement between the parties, as that term is defined in the Complaint initiating the Litigation; and 2 6/15/2023, 5:50 PM

EXHIBIT A

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.675 Page 5 of 16Cyberlux_Settlement_Agreement_Final_002_- I .pdf file:///C:/Users/willw/Downloads/Cyberlux_Settlement_Agreement ... 4 of 15 sole discretion, to re-file a new complaint related lo the breach by Defendants to create "Negotiable Shares". as that breach is alleged and defined in the Complaint, without Defendants asserting a defense of res judicata or collateral cstoppel. Plaintiffs recognize that matters can be delayed at no fault of a party and to that end shall consider an extension of the aforementioned deadline (December 31, 2023) upon the showing of credible evidence to do so, for an extension period to be decided at the reasonable discretion of Plaintiffs. 3. Compliance with Court Orders dated December 13, 2022 & April 7, 2023. Within twenry-one (21) days of execution of this Agreement, Defendants shall pay the sanctions of $3,895.00 and $6,842.50, as provided by the Court's Orders in the Litigation. 4. How the Settlement Consideration Shall be Paid. The Settlement Consideration shall be paid by Defendant to Plaintiff as follows: First Settlement Payment: Within thi1ty (30) days after the simultaneous execution of this Agreement, and entry of the Consent Judgment, and the receipt by Cyberlux of its first installment payment for the anticipated sale of drones or other revenue whichever occurs last, but in no event more than forty-five (45) days from the execution of this Agreement, Defendants shall transmit to Plaintiff\ by wire transmission. the non-defeasible sum of One Hundred Fifty Thousand Dollars ($150,000) (the ''First Scttlcrncnt Payment"). The delivery of the First Settlement Payrncnt shall require the actual receipt of the Settlernent Payment by Plaintiffs as set forth herein. Time being of the essence. Monthly Installments Thereafter to Plaintiffs: Defendants shall transmit to Plaintiffs, by wire transmission.thirty-Six (36) non-defeasible rnonthly payments of TWENTY-ONE THOUSAND FOUR HUNDRED AND FTFTY­ NlNE DOLLARS ($21,459.00) payable on the first day of each month, beginning 4 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.673 Page 3 of 16Cyberlux_Sertlement_Agreement_Final 002_-l .pdf ti le:// IC :/U sers/w i I lw/Down loads/Cyberl ux_ Settlement_ Agreement. .. 2 of 15 WHEREAS, the Parties to this Agreement have been told by Cyberlux for more than six (6) months that Cyberlux anticipates a significant cash inflow connected with the sales of certain drone products. NOW, THEREFORE, 111 consideration of the promises, and other good and valuable consideration, the sufficiency of which is acknowledged by the Parties, and intending to be legally bound, the Parties to this Agreement agree as follows: AGREEME 'T Recitals. The recitals set forth above are incorporated herein. l: 2. Settlement Consideration and Consent to Final Judgment. To avoid the substantial cost and uncertainty in prosecuting the Litigation, Defendants agree to the join and simultaneously endorse for immediate entry a consent order awarding a FINAL JUDGEMENT to Plaintiffs in the form attached to this Agreement as Exhibit A (the "Consent Judgment"), which will jointly and severally bind Defendants for payment of the following liquidated sums in resolution of ce1tain discreet claims at issue in the Litigation, as well as resolving and terminating any potential dispute that Strikcpoint may have against Defendants arising out of the Strikepoint Consulting Agreement: IP Agreement: ONE MILLION TWO HUNDRED THOUSAND DOLLARS ($1,200,000) minus payments made of TWO HUNDRED SEVENTY­ SEVEN THOUSAND FIVE HUNDRED DOLLARS ($277,500) for a total due of NfNE HUNDRED TWENTY-TWO THOUSAND FTVE HUNDRED DOLLARS ($922,500), as the balance due and owing for installment payments under the IP Agreement between the parties, as that term is defined in the Complaint initiating the Litigation; and 2 6/15/2023, 5:50 PM

EXHIBIT A

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.678 Page 8 of 16Cyberlux_Settlement_Agreement_Final_ 002 -1.pdl' file:// /C :/U sers/w i I lw/Down loads/Cyberl ux _ Settlement_ Agreement... 7 of 15 ownership of stock in Cyberlux Corporation, Plaintiffs prosecution of the Litigation, or the negotiation and entry into this Agreement. Upon receipt of the First Settlement Payment, Plaintiff Secure Community, LLC. Plaintiff Atlantic Wave Holdings. LLC, and Strikcpoint Consulting, LLC, release any and al I known or unknown causes or action. claims, counterclaims, or demands, present or future, asserted or unasserrcd, against Defendants or any of Defendant Cyberlux's members, officers, agents. counsel, employees, and affiliates arising or accruing from the beginning of time and up to and including the date of this Agreement, including all claims based upon or in any way relating to the IP Agreement, the Strikepoint Consulting Agreement, Plaintiffs' prosecution of the Litigation, or the negotiation and entry into this Agreement. 7. Security Interest and Lien Interest. Defendants agree and grant to Plaintiff a full security interest and lien interest in all or Defendants' assets, including but not limited to TP, subsidiaries, contractual rights, accounts receivable, drone sales, etc., which may, in Plaintiffs sole discretion. be memorialized through the filing ol" UCC-1 forms and Liens. Updates and Continued Cooperation: Defendants, upon demand of Plaintiffs, shall keep Plaintiffs fully updated as to any and all progress on contract negotiations and provide documentation about payments received for the sale of drones, including providing copies of relevant documents requested by Plaintiffs, subject to the confidentiality provisions set forth in Paragraph 12 below, and to the extent such documents or information are not classified or restricted. Defendant Cyberlux shall also in good faith provide any assistance that it can reasonably provide and required by Plaintiffs in their effort Lo bring their CYBL stock shares into compliance so that the shares will be accepted by a reputable brokerage firm in order to permit the trading of such shares on the OTC Market. 9. Compliance: Defendants represent to Plaintiff Secure Community, LLC that Defendants have used reasonable efforts to comply with all State, Federal and OTC Markets rules and regulations (subject to the fact that Cyberlux shares are currently subject to the "Caveat 7 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.678 Page 8 of 16Cyberlux_Settlement_Agreement_Final_ 002 -1.pdl' file:// /C :/U sers/w i I lw/Down loads/Cyberl ux _ Settlement_ Agreement... 7 of 15 ownership of stock in Cyberlux Corporation, Plaintiffs prosecution of the Litigation, or the negotiation and entry into this Agreement. Upon receipt of the First Settlement Payment, Plaintiff Secure Community, LLC. Plaintiff Atlantic Wave Holdings. LLC, and Strikcpoint Consulting, LLC, release any and al I known or unknown causes or action. claims, counterclaims, or demands, present or future, asserted or unasserrcd, against Defendants or any of Defendant Cyberlux's members, officers, agents. counsel, employees, and affiliates arising or accruing from the beginning of time and up to and including the date of this Agreement, including all claims based upon or in any way relating to the IP Agreement, the Strikepoint Consulting Agreement, Plaintiffs' prosecution of the Litigation, or the negotiation and entry into this Agreement. 7. Security Interest and Lien Interest. Defendants agree and grant to Plaintiff a full security interest and lien interest in all or Defendants' assets, including but not limited to TP, subsidiaries, contractual rights, accounts receivable, drone sales, etc., which may, in Plaintiffs sole discretion. be memorialized through the filing ol" UCC-1 forms and Liens. Updates and Continued Cooperation: Defendants, upon demand of Plaintiffs, shall keep Plaintiffs fully updated as to any and all progress on contract negotiations and provide documentation about payments received for the sale of drones, including providing copies of relevant documents requested by Plaintiffs, subject to the confidentiality provisions set forth in Paragraph 12 below, and to the extent such documents or information are not classified or restricted. Defendant Cyberlux shall also in good faith provide any assistance that it can reasonably provide and required by Plaintiffs in their effort Lo bring their CYBL stock shares into compliance so that the shares will be accepted by a reputable brokerage firm in order to permit the trading of such shares on the OTC Market. 9. Compliance: Defendants represent to Plaintiff Secure Community, LLC that Defendants have used reasonable efforts to comply with all State, Federal and OTC Markets rules and regulations (subject to the fact that Cyberlux shares are currently subject to the "Caveat 7 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.678 Page 8 of 16Cyberlux_Settlement_Agreement_Final_ 002 -1.pdl' file:// /C :/U sers/w i I lw/Down loads/Cyberl ux _ Settlement_ Agreement... 7 of 15 ownership of stock in Cyberlux Corporation, Plaintiffs prosecution of the Litigation, or the negotiation and entry into this Agreement. Upon receipt of the First Settlement Payment, Plaintiff Secure Community, LLC. Plaintiff Atlantic Wave Holdings. LLC, and Strikcpoint Consulting, LLC, release any and al I known or unknown causes or action. claims, counterclaims, or demands, present or future, asserted or unasserrcd, against Defendants or any of Defendant Cyberlux's members, officers, agents. counsel, employees, and affiliates arising or accruing from the beginning of time and up to and including the date of this Agreement, including all claims based upon or in any way relating to the IP Agreement, the Strikepoint Consulting Agreement, Plaintiffs' prosecution of the Litigation, or the negotiation and entry into this Agreement. 7. Security Interest and Lien Interest. Defendants agree and grant to Plaintiff a full security interest and lien interest in all or Defendants' assets, including but not limited to TP, subsidiaries, contractual rights, accounts receivable, drone sales, etc., which may, in Plaintiffs sole discretion. be memorialized through the filing ol" UCC-1 forms and Liens. Updates and Continued Cooperation: Defendants, upon demand of Plaintiffs, shall keep Plaintiffs fully updated as to any and all progress on contract negotiations and provide documentation about payments received for the sale of drones, including providing copies of relevant documents requested by Plaintiffs, subject to the confidentiality provisions set forth in Paragraph 12 below, and to the extent such documents or information are not classified or restricted. Defendant Cyberlux shall also in good faith provide any assistance that it can reasonably provide and required by Plaintiffs in their effort Lo bring their CYBL stock shares into compliance so that the shares will be accepted by a reputable brokerage firm in order to permit the trading of such shares on the OTC Market. 9. Compliance: Defendants represent to Plaintiff Secure Community, LLC that Defendants have used reasonable efforts to comply with all State, Federal and OTC Markets rules and regulations (subject to the fact that Cyberlux shares are currently subject to the "Caveat 7 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.679 Page 9 of 16Cyberlux_Settlement_Agreement_Fina\_002_- I .pdf fi le:///C:/Users/wil lw/Down loads/Cyberlux _ Settlement_Agreement... 8 of 15 Emptor" restriction) and will continue to use any and all reasonable efforts to maintain compliance at all times. Financial Statements: Defendants hereby represent that any Financial Statements published or produced hereunder or publicly filed which Plaintiff has relied upon in entering into this Agreement, have been prcpan.:d in good faith and in accordance with OTC standards and are materially true and accurate. 11. OTC Markets: Defendants hereby represent that Defendants are using any and all reasonable efforts to resolve all issues with OTC Markets that is causing the OTC Markets to issue its caveat emptor restriction and will continue to use any and all reasonable efforts to have the Caveat Emptor restriction currently imposed by OTC Markets removed so that the stock will be returned to "Pink Current" as soon as reasonably possible. 12. Stockholders' Rights: The parties agree that this agreement shall not affect Plaintiffs rights as stockholders in any manner going forward. .Ll..: Confidentiality of Settlement Terms and Discovery lnfonnation. The terms and circumstances of this Agreement, and all documents and information disclosed in the Litigation, are completely confidential between the Parties and shall not be disclosed to anybody else. Any disclosure or violation shall be deemed a breach of this Agreement. If a Party discloses confidential information in material violation of this paragraph, then, following written notice to such Party summarizing such violation and such Party's failure to cure such material violation within fourteen ( 14) days of receiving such notice, then such Party may be deemed to have breached this Agreement. If a breach is Lo occur. notwithstanding the foregoing. Plaintiff.<; shall be entitled to use any information received in the Litigation if necessary to collect sums owing under this Agreement and/or to defend against any claims of breach, and Defendants shall be entitled to use such information to defend against any claims of breach. though reasonable efforts will be made to keep such information private. 8 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.680 Page 10 of 16Cyberlux_Se1tlement_Agrecment f'inal 002 -1.pdr ti le: !IC: 'lJscrs'w ii lw/Down loads/Cyberl ux _ Settlement_Agreement... 9 of 15 Non-Disparagement. The Parties to this Agreement further agree that, in order to facilitate the transactions and obligations set forth herein, during the period from the date of this Agreement through December 31, 2023, no Party shal I communicate, publish, or caused to be published any comments. statements, or information that could reasonably be expected to adversely affect the business interests or reputation of any other Party. If it is alleged a party materially disparaged the other party in violation of this paragraph, then, following written notice to such Party summarizing such violation and such Pany's failure 10 cure such material violation within fourteen (14) days of receiving such notice, then such Party may be deemed to have breached this Agreement. Advice of Counsel: The Parties to this Agreement represent and warrant that they have chosen to execute this Agreement of their own volition and free will after fully reviewing the Agreement and having the opportunity to seek the advice of counsel. Accordingly, the rule of contract interpretation to the effect that any ambiguities arc to be resolved against the drafting party will not be employed in any interpretation of this /\grccmcnt. 1§_,_ Entire Agreement. This /\grcemcnt constitutes the entire agreement between the Parties pertaining to the matters with which it deals, and it supersedes all prior agreements pertaining to those matters. This Agreement may only be modified by written consent of the parties. JL Severabilitv of Provisions. If any clause or provision, or any pa11 of any clause or provision, of this Agreement is found by the court to be illegal, invalid, or unenforceable under present or future laws, then the remainder of this Agreement shall not be affected thereby, and it shall be construed as if the unenforceable clause or provision, or the offending part of any clause or provision, were deleted. 9 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.683 Page 13 of 16 IN WITNESS WHEREOF, and intending to be legally bound, the Parties hereto set their hands and seals. Charles Watts, Jr., in his capacity as Special Counsel for Cyberlux Corporation and Mark D. Schmidt Date: 06/15/2023 Mark D. Schmidt, individually and on behalf of Cyberlux Corporation, as its President Date: 06/15/2023 William Welter, as a Managing Director of Atlantic Wave Holdings, LLC and Secure Community, LLC Date: June 15, 2023 STRIKEPOINT CONSULTING, LLC Cheri Nolan, CEO and President of Strikepoint Consulting, LLC Date: 6/15/2023 William Welter, Managing Director of Strikepoint Consulting, LLC Date: June 15, 2023 12

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.684 Page 14 of 16 r Cyberlux_Settlement_Agreement_Final_002_- l.pdf file:// IC :/U sers/w i I lw/Down loads/Cyberl ux _ Settlement_ Agreement. .. 13 of 15 VIRGINJA: TN THE CIRCUIT COURT OF THE CITY OF RICHMOND _______________ ) ATLANTIC WAVE HOLDINGS, LLC ) AND SECURE COMMUNITY, LLC ) ) Plaintiffs, ) ) v. ) ) CYBERLUX CORPORATION and ) MARK D. SCHMIDT, individually ) ) Defendants. ) --------------) Case o ORDER OF FINAL JUDGEMENT BEFORE Tl IE COURT is a Motion for Entry of Partial Summary Judgment by Plaintiffs ATLANTIC WAVE HOLDfNGS. LI .C AND SECURE C'OMMUNITY, LLC, and agreed to by Defendants CYBERLUX CORPORATION and MARK D. SCIIMIDT, individually, and as the authorized representative for CYBERLUX CORPORATION, and IT APPEARING to the Court that the parties hereto have reached a settlement agreement that resolves the current need for continuing litigation. UPON CONSTDERATION of the pleadings, the evidence, argument of counsel, the consent of the parties, and for good cause shown, it is hereby ORDERED, ADJUDGED, and DECREED that judgement is GR/\NTI~D in favor of Plaintiffs/\ TL/\NTIC WA VE HOLDINGS, LLC and SECURE COMMUNITY, I I.C. and against Defendants CYB ER LUX CORPORA TJON and MARK D. SCIIMJDT.jointly and severally. as follows: a. The Court awards Plaintiffs the sum of ONE MILLION FIVE HU DRED SEVENTY TWO THOUSAND ANO FIVE HUNDRED DOLLARS ($1,572,500) in compensatory damages, jointly and severally, against Defendants CYB ER LUX CORPORATION 13 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.676 Page 6 of 16Cyberlux_Settlement_Agreement_Final_002_- l.pdf fi le:///C:/Users/wi I lw/Down loads/Cyberlux _ Settlement_ Agreement ... 5 of 15 in July 2023. Monthly payments shall continue on the first of each month, time being of the essence, until the t0tal Settlement Consideration due to Plaintiffs is paid. Defendants agree to accelerate and pay the full outstanding balance of all sums owed under the Consent Judgment up to a total of FIVE THOUSAND DOLLARS ($5,000) per drone sold within twenty-one (21) days of Defendants, or any parent's, subsidiary's, affiliate's, or assign's first receipt of payment for any contract to purchase drone aircraft. Monthlv Installments Thereafter to Strikepoint: Defendants shall transmit to Strikcpoint, by wire transmission.thirty-Six non-defeasible monthly payments of EIGIITEEN THOUSAND FTFTY-FIVE DOLLARS /\ND FIFTY-SIX CF.NTS ($18.055.56) payable on the first day of each month, beginning in July of 2023. Monthly payments shall continue on the first of each month, time being of the essence, until the total Settlement Consideration due to Strikepoint is paid. Defendants agree to accelerate and pay the full outstanding balance of all sums owed under the Consent Judgment up to a total of FIVE THOUSAND DOLLARS ($5,000) per drone sold within twenty-one (21) days of Defendants, or any parent's, subsidiary's, affiliate's, or assign's first receipt of payment for any contract to purchase drone aircraft. Costs, including I ,cgaI Fees: In addition to the sums above, Defendants agree to pay all Plaintiffs' costs, including but not limited to, allorney's fees and expert witness fees, accrued in and with this Litigation within 60 (sixty) days of the full execution of this Agreement or upon terms agreed to by the parties. Subject to the following CJ\P. Plaintiffs agree to CAP costs and attorney's fees, for cost and attorney's fees relevant the matters dealt with in this settlement agreement, at 12% of the value of the total settlement or ONE HUNDRED EIGHTY-EIGHT 5 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.672 Page 2 of 16Cyberlux_Settlement_Agreemcnt Final 002 -1.pdf file:/ I/C:/U sers/wi 11 w/Down loads/Cyberlux _ Settlement_ Agreement. .. I of 15 SETTLEMENT AGREEMENT This Settlement Agreement (the "Agreement") is made as of this I Sthth day of June 2023, by and between ATLANTIC WAVE HOLDINGS, LLC, SECURE COMMUNITY, LLC (collectively, "Plaintiffs"), CYBERLUX CORPORATION AND MARK D. SCHMIDT (collectively, "Defendants"), and STRIKEPOlNT CONSULTING, LLC ("Strikepoint") a separate party with some common interest holders to the Plaintiffs. Plaintiffs, Defendants, and Strikepoint shall collectively be referred to as the "Parties to this Agreement" and Plaintiffs and Defendants shall collectively be referred to as "Parties to the Litigation." RECITALS WHEREAS, Plaintiffs and Defendants entered into an agreement on October 8, 2021, which compensated Plaintiffs for the reacquisition by Defendant Cyberlux of certain intellectual property in exchange for certain installment payments of fixed liquidated sums by Defendants to Plaintiffs and "Freely Trading" stock, which had fallen into arrears ("the TP Agreement"); WHEREAS, on September 24, 202 l. an agreement was executed between an entity described as "Strikepoints Consulting. LLC" and Defendant Cybcrlux Corporation for certain consulting services (the "Strikepoint Consulting Agreement"), which called for, inter a/ia, installment payments affixed liquidated sums owed by Defendants to Plaintiff, which also fell into arrears; WHEREAS, Plaintiffs filed its Complaint for breach of said agreements in the Circuit Court of the City of Richmond, Virginia (the "Court"), against Defendants in the civil action titled, Atlantic Wave Holdings. LLC and Secure Community. LLC v. Cyberlux Corporation and Mark D. Schmidt (Case No. CL22-3882) (the "Litigation''), which remains pending; WI IERE/\S, the Parties to this i\grecmcnt desire to resolve and settle any and all existing disputes between the Plaimi ffs and Defendants and between Strikcpoint and Defendants to eliminate uncertainty and facilitate final resolution of their respective relationships between the parties; and 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.673 Page 3 of 16Cyberlux_Sertlement_Agreement_Final 002_-l .pdf ti le:// IC :/U sers/w i I lw/Down loads/Cyberl ux_ Settlement_ Agreement. .. 2 of 15 WHEREAS, the Parties to this Agreement have been told by Cyberlux for more than six (6) months that Cyberlux anticipates a significant cash inflow connected with the sales of certain drone products. NOW, THEREFORE, 111 consideration of the promises, and other good and valuable consideration, the sufficiency of which is acknowledged by the Parties, and intending to be legally bound, the Parties to this Agreement agree as follows: AGREEME 'T Recitals. The recitals set forth above are incorporated herein. l: 2. Settlement Consideration and Consent to Final Judgment. To avoid the substantial cost and uncertainty in prosecuting the Litigation, Defendants agree to the join and simultaneously endorse for immediate entry a consent order awarding a FINAL JUDGEMENT to Plaintiffs in the form attached to this Agreement as Exhibit A (the "Consent Judgment"), which will jointly and severally bind Defendants for payment of the following liquidated sums in resolution of ce1tain discreet claims at issue in the Litigation, as well as resolving and terminating any potential dispute that Strikcpoint may have against Defendants arising out of the Strikepoint Consulting Agreement: IP Agreement: ONE MILLION TWO HUNDRED THOUSAND DOLLARS ($1,200,000) minus payments made of TWO HUNDRED SEVENTY­ SEVEN THOUSAND FIVE HUNDRED DOLLARS ($277,500) for a total due of NfNE HUNDRED TWENTY-TWO THOUSAND FTVE HUNDRED DOLLARS ($922,500), as the balance due and owing for installment payments under the IP Agreement between the parties, as that term is defined in the Complaint initiating the Litigation; and 2 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.674 Page 4 of 16Cyberlux_Settlement_Agreement_Final_002_- l .pdf Ii le:// /C:/Users/wi 11 w/Down loads/Cyberl ux _ Settlement_ Agreement ... 3 of 15 Balance of Consulting Agreement: The parties agree to terminate and resolve any disputes arising out of the Strikepoint Consulting Agreement for consideration of: SIX HUNDRED FIFTY THOUSAND DOLLARS ($650,000), as the balance due and owing for installment payments under the Consulting Agreement between the parties. Total Value of the Consent Judgment: The total liquidated sum that shall be due and owing to Plain ti ff.c; under the panies • Consent Judgment shall be O E MILLION FIVE HUNDRED SEVENTY-TWO THOUSAND AND FIVE HUNDRED DOLLARS ($J ,572,500), plus Plaintiffs' costs as defined in 4(d) (the "Set1lcmcn1 Consideration"). which is the sum of the outstanding installment payments owing in the IP Agreement, the Strikepoint Consulting Agreement, and Plaintiffs' costs as appropriately allocated between Plaintiffs and Strikepoint below. Effect of' Consent Judgment: The Consent Judgment shall be promptly entered jointly and severally against Defendants and in favor of Plaintiffs in exchange for payment of the full Settlement Consideration, which shall resolve the above styled matter. The parties agree that the Consent Judgment shall not be dischargeable, including by appeal or bankruptcy, in any manner other than by agreement of the parties, to the fullest extent permissible under the law. ~ Stock. Notwithstanding the foregoing, the parties agree that entry of the Consent Judgment awarding FIN/\ljudgment in favor of Plaintiffs and against Defendants shall resolve the pending Litigation. Notwithstanding entry of a Final Order, the parties herby agree that if the Cyberlux stock is not brought to current "Pink Status" and the Caveat Emptor legend and restriction is not remedied and removed on or before December 31, 2023, Plaintiffs slrnll have the option, at their 3 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.675 Page 5 of 16Cyberlux_Settlement_Agreement_Final_002_- I .pdf file:///C:/Users/willw/Downloads/Cyberlux_Settlement_Agreement ... 4 of 15 sole discretion, to re-file a new complaint related lo the breach by Defendants to create "Negotiable Shares". as that breach is alleged and defined in the Complaint, without Defendants asserting a defense of res judicata or collateral cstoppel. Plaintiffs recognize that matters can be delayed at no fault of a party and to that end shall consider an extension of the aforementioned deadline (December 31, 2023) upon the showing of credible evidence to do so, for an extension period to be decided at the reasonable discretion of Plaintiffs. 3. Compliance with Court Orders dated December 13, 2022 & April 7, 2023. Within twenry-one (21) days of execution of this Agreement, Defendants shall pay the sanctions of $3,895.00 and $6,842.50, as provided by the Court's Orders in the Litigation. 4. How the Settlement Consideration Shall be Paid. The Settlement Consideration shall be paid by Defendant to Plaintiff as follows: First Settlement Payment: Within thi1ty (30) days after the simultaneous execution of this Agreement, and entry of the Consent Judgment, and the receipt by Cyberlux of its first installment payment for the anticipated sale of drones or other revenue whichever occurs last, but in no event more than forty-five (45) days from the execution of this Agreement, Defendants shall transmit to Plaintiff\ by wire transmission. the non-defeasible sum of One Hundred Fifty Thousand Dollars ($150,000) (the ''First Scttlcrncnt Payment"). The delivery of the First Settlement Payrncnt shall require the actual receipt of the Settlernent Payment by Plaintiffs as set forth herein. Time being of the essence. Monthly Installments Thereafter to Plaintiffs: Defendants shall transmit to Plaintiffs, by wire transmission.thirty-Six (36) non-defeasible rnonthly payments of TWENTY-ONE THOUSAND FOUR HUNDRED AND FTFTY­ NlNE DOLLARS ($21,459.00) payable on the first day of each month, beginning 4 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.675 Page 5 of 16Cyberlux_Settlement_Agreement_Final_002_- I .pdf file:///C:/Users/willw/Downloads/Cyberlux_Settlement_Agreement ... 4 of 15 sole discretion, to re-file a new complaint related lo the breach by Defendants to create "Negotiable Shares". as that breach is alleged and defined in the Complaint, without Defendants asserting a defense of res judicata or collateral cstoppel. Plaintiffs recognize that matters can be delayed at no fault of a party and to that end shall consider an extension of the aforementioned deadline (December 31, 2023) upon the showing of credible evidence to do so, for an extension period to be decided at the reasonable discretion of Plaintiffs. 3. Compliance with Court Orders dated December 13, 2022 & April 7, 2023. Within twenry-one (21) days of execution of this Agreement, Defendants shall pay the sanctions of $3,895.00 and $6,842.50, as provided by the Court's Orders in the Litigation. 4. How the Settlement Consideration Shall be Paid. The Settlement Consideration shall be paid by Defendant to Plaintiff as follows: First Settlement Payment: Within thi1ty (30) days after the simultaneous execution of this Agreement, and entry of the Consent Judgment, and the receipt by Cyberlux of its first installment payment for the anticipated sale of drones or other revenue whichever occurs last, but in no event more than forty-five (45) days from the execution of this Agreement, Defendants shall transmit to Plaintiff\ by wire transmission. the non-defeasible sum of One Hundred Fifty Thousand Dollars ($150,000) (the ''First Scttlcrncnt Payment"). The delivery of the First Settlement Payrncnt shall require the actual receipt of the Settlernent Payment by Plaintiffs as set forth herein. Time being of the essence. Monthly Installments Thereafter to Plaintiffs: Defendants shall transmit to Plaintiffs, by wire transmission.thirty-Six (36) non-defeasible rnonthly payments of TWENTY-ONE THOUSAND FOUR HUNDRED AND FTFTY­ NlNE DOLLARS ($21,459.00) payable on the first day of each month, beginning 4 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.675 Page 5 of 16Cyberlux_Settlement_Agreement_Final_002_- I .pdf file:///C:/Users/willw/Downloads/Cyberlux_Settlement_Agreement ... 4 of 15 sole discretion, to re-file a new complaint related lo the breach by Defendants to create "Negotiable Shares". as that breach is alleged and defined in the Complaint, without Defendants asserting a defense of res judicata or collateral cstoppel. Plaintiffs recognize that matters can be delayed at no fault of a party and to that end shall consider an extension of the aforementioned deadline (December 31, 2023) upon the showing of credible evidence to do so, for an extension period to be decided at the reasonable discretion of Plaintiffs. 3. Compliance with Court Orders dated December 13, 2022 & April 7, 2023. Within twenry-one (21) days of execution of this Agreement, Defendants shall pay the sanctions of $3,895.00 and $6,842.50, as provided by the Court's Orders in the Litigation. 4. How the Settlement Consideration Shall be Paid. The Settlement Consideration shall be paid by Defendant to Plaintiff as follows: First Settlement Payment: Within thi1ty (30) days after the simultaneous execution of this Agreement, and entry of the Consent Judgment, and the receipt by Cyberlux of its first installment payment for the anticipated sale of drones or other revenue whichever occurs last, but in no event more than forty-five (45) days from the execution of this Agreement, Defendants shall transmit to Plaintiff\ by wire transmission. the non-defeasible sum of One Hundred Fifty Thousand Dollars ($150,000) (the ''First Scttlcrncnt Payment"). The delivery of the First Settlement Payrncnt shall require the actual receipt of the Settlernent Payment by Plaintiffs as set forth herein. Time being of the essence. Monthly Installments Thereafter to Plaintiffs: Defendants shall transmit to Plaintiffs, by wire transmission.thirty-Six (36) non-defeasible rnonthly payments of TWENTY-ONE THOUSAND FOUR HUNDRED AND FTFTY­ NlNE DOLLARS ($21,459.00) payable on the first day of each month, beginning 4 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.676 Page 6 of 16Cyberlux_Settlement_Agreement_Final_002_- l.pdf fi le:///C:/Users/wi I lw/Down loads/Cyberlux _ Settlement_ Agreement ... 5 of 15 in July 2023. Monthly payments shall continue on the first of each month, time being of the essence, until the t0tal Settlement Consideration due to Plaintiffs is paid. Defendants agree to accelerate and pay the full outstanding balance of all sums owed under the Consent Judgment up to a total of FIVE THOUSAND DOLLARS ($5,000) per drone sold within twenty-one (21) days of Defendants, or any parent's, subsidiary's, affiliate's, or assign's first receipt of payment for any contract to purchase drone aircraft. Monthlv Installments Thereafter to Strikepoint: Defendants shall transmit to Strikcpoint, by wire transmission.thirty-Six non-defeasible monthly payments of EIGIITEEN THOUSAND FTFTY-FIVE DOLLARS /\ND FIFTY-SIX CF.NTS ($18.055.56) payable on the first day of each month, beginning in July of 2023. Monthly payments shall continue on the first of each month, time being of the essence, until the total Settlement Consideration due to Strikepoint is paid. Defendants agree to accelerate and pay the full outstanding balance of all sums owed under the Consent Judgment up to a total of FIVE THOUSAND DOLLARS ($5,000) per drone sold within twenty-one (21) days of Defendants, or any parent's, subsidiary's, affiliate's, or assign's first receipt of payment for any contract to purchase drone aircraft. Costs, including I ,cgaI Fees: In addition to the sums above, Defendants agree to pay all Plaintiffs' costs, including but not limited to, allorney's fees and expert witness fees, accrued in and with this Litigation within 60 (sixty) days of the full execution of this Agreement or upon terms agreed to by the parties. Subject to the following CJ\P. Plaintiffs agree to CAP costs and attorney's fees, for cost and attorney's fees relevant the matters dealt with in this settlement agreement, at 12% of the value of the total settlement or ONE HUNDRED EIGHTY-EIGHT 5 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.677 Page 7 of 16Cyberlux_Seulement_Agreement_Final_002_- l.pdf file :///C:/U sers/wi 11 w/Down loads/Cyberlux _ Settlement_ Agreement. .. 6 of IS THOUSAND SEVEN HUNDRED DOLLARS ($188,700). The CAP does not apply to restrict or limit Plaintiffs ability to pursue costs and attorney's fees should Defendants breach this Agreement. This obligation shall be added to the total balance due specified in section 2(b) above and paid to Strikepoint. Manner of Pavment: All payments shall be wired to Plaintiffs and to Strikepoint. Information and lnstructions for completing the wire transfer shall be provided to Defendants' Counsel upon execution of this agreement. Plaintiff may change its payment instructions from time to time by providing written notice. Effect of Full Pavmcnt: Upon payment of all sums due and owing herein, the Judgment entered herein shall be marked "Satisfied." g_, No Other Bencficiarv: The payment of funds herein shall not operate to release any other party. other than the Parties to this Agreement. as set fo11h below. Nor shall the dismissal of any claim herein inure to the benefit of any party who is not a Party to this Agreement. Notice of Satisfaction. Within ten ( 10) business days of Plaintiff receiving the complete Settlement Consideration and saris factions of all terms herein, Plaintiff shall file a Notice of Satisfaction, pursuant to Va. Code Ann. § 16.1-94.01. 6. Mutual Release of All Claims. Immediately upon endorsement of this Agreement, except for the obligations expressly set forth herein and any claims or actions for breach or enforcement or this J\grecmcnt. Defendants Cybcrlux Corporation and Mark D. Schmidt, individually. hereby release any and all causes of action, claims, counterclaims, or demands, present or future, known or unknown, asserted or unasscrted, against Plaintiffs or any of Plaintiffs' members, officers, agents. counsel, employees, and affiliates arising or accruing from the beginning of time and up to and including the date of this Agreement, including all claims based upon or in any way relating to the IP Agreement, the Strikcpoint Consulting Agreement, Plaintiffs' 6 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.675 Page 5 of 16Cyberlux_Settlement_Agreement_Final_002_- I .pdf file:///C:/Users/willw/Downloads/Cyberlux_Settlement_Agreement ... 4 of 15 sole discretion, to re-file a new complaint related lo the breach by Defendants to create "Negotiable Shares". as that breach is alleged and defined in the Complaint, without Defendants asserting a defense of res judicata or collateral cstoppel. Plaintiffs recognize that matters can be delayed at no fault of a party and to that end shall consider an extension of the aforementioned deadline (December 31, 2023) upon the showing of credible evidence to do so, for an extension period to be decided at the reasonable discretion of Plaintiffs. 3. Compliance with Court Orders dated December 13, 2022 & April 7, 2023. Within twenry-one (21) days of execution of this Agreement, Defendants shall pay the sanctions of $3,895.00 and $6,842.50, as provided by the Court's Orders in the Litigation. 4. How the Settlement Consideration Shall be Paid. The Settlement Consideration shall be paid by Defendant to Plaintiff as follows: First Settlement Payment: Within thi1ty (30) days after the simultaneous execution of this Agreement, and entry of the Consent Judgment, and the receipt by Cyberlux of its first installment payment for the anticipated sale of drones or other revenue whichever occurs last, but in no event more than forty-five (45) days from the execution of this Agreement, Defendants shall transmit to Plaintiff\ by wire transmission. the non-defeasible sum of One Hundred Fifty Thousand Dollars ($150,000) (the ''First Scttlcrncnt Payment"). The delivery of the First Settlement Payrncnt shall require the actual receipt of the Settlernent Payment by Plaintiffs as set forth herein. Time being of the essence. Monthly Installments Thereafter to Plaintiffs: Defendants shall transmit to Plaintiffs, by wire transmission.thirty-Six (36) non-defeasible rnonthly payments of TWENTY-ONE THOUSAND FOUR HUNDRED AND FTFTY­ NlNE DOLLARS ($21,459.00) payable on the first day of each month, beginning 4 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.675 Page 5 of 16Cyberlux_Settlement_Agreement_Final_002_- I .pdf file:///C:/Users/willw/Downloads/Cyberlux_Settlement_Agreement ... 4 of 15 sole discretion, to re-file a new complaint related lo the breach by Defendants to create "Negotiable Shares". as that breach is alleged and defined in the Complaint, without Defendants asserting a defense of res judicata or collateral cstoppel. Plaintiffs recognize that matters can be delayed at no fault of a party and to that end shall consider an extension of the aforementioned deadline (December 31, 2023) upon the showing of credible evidence to do so, for an extension period to be decided at the reasonable discretion of Plaintiffs. 3. Compliance with Court Orders dated December 13, 2022 & April 7, 2023. Within twenry-one (21) days of execution of this Agreement, Defendants shall pay the sanctions of $3,895.00 and $6,842.50, as provided by the Court's Orders in the Litigation. 4. How the Settlement Consideration Shall be Paid. The Settlement Consideration shall be paid by Defendant to Plaintiff as follows: First Settlement Payment: Within thi1ty (30) days after the simultaneous execution of this Agreement, and entry of the Consent Judgment, and the receipt by Cyberlux of its first installment payment for the anticipated sale of drones or other revenue whichever occurs last, but in no event more than forty-five (45) days from the execution of this Agreement, Defendants shall transmit to Plaintiff\ by wire transmission. the non-defeasible sum of One Hundred Fifty Thousand Dollars ($150,000) (the ''First Scttlcrncnt Payment"). The delivery of the First Settlement Payrncnt shall require the actual receipt of the Settlernent Payment by Plaintiffs as set forth herein. Time being of the essence. Monthly Installments Thereafter to Plaintiffs: Defendants shall transmit to Plaintiffs, by wire transmission.thirty-Six (36) non-defeasible rnonthly payments of TWENTY-ONE THOUSAND FOUR HUNDRED AND FTFTY­ NlNE DOLLARS ($21,459.00) payable on the first day of each month, beginning 4 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.678 Page 8 of 16Cyberlux_Settlement_Agreement_Final_ 002 -1.pdl' file:// /C :/U sers/w i I lw/Down loads/Cyberl ux _ Settlement_ Agreement... 7 of 15 ownership of stock in Cyberlux Corporation, Plaintiffs prosecution of the Litigation, or the negotiation and entry into this Agreement. Upon receipt of the First Settlement Payment, Plaintiff Secure Community, LLC. Plaintiff Atlantic Wave Holdings. LLC, and Strikcpoint Consulting, LLC, release any and al I known or unknown causes or action. claims, counterclaims, or demands, present or future, asserted or unasserrcd, against Defendants or any of Defendant Cyberlux's members, officers, agents. counsel, employees, and affiliates arising or accruing from the beginning of time and up to and including the date of this Agreement, including all claims based upon or in any way relating to the IP Agreement, the Strikepoint Consulting Agreement, Plaintiffs' prosecution of the Litigation, or the negotiation and entry into this Agreement. 7. Security Interest and Lien Interest. Defendants agree and grant to Plaintiff a full security interest and lien interest in all or Defendants' assets, including but not limited to TP, subsidiaries, contractual rights, accounts receivable, drone sales, etc., which may, in Plaintiffs sole discretion. be memorialized through the filing ol" UCC-1 forms and Liens. Updates and Continued Cooperation: Defendants, upon demand of Plaintiffs, shall keep Plaintiffs fully updated as to any and all progress on contract negotiations and provide documentation about payments received for the sale of drones, including providing copies of relevant documents requested by Plaintiffs, subject to the confidentiality provisions set forth in Paragraph 12 below, and to the extent such documents or information are not classified or restricted. Defendant Cyberlux shall also in good faith provide any assistance that it can reasonably provide and required by Plaintiffs in their effort Lo bring their CYBL stock shares into compliance so that the shares will be accepted by a reputable brokerage firm in order to permit the trading of such shares on the OTC Market. 9. Compliance: Defendants represent to Plaintiff Secure Community, LLC that Defendants have used reasonable efforts to comply with all State, Federal and OTC Markets rules and regulations (subject to the fact that Cyberlux shares are currently subject to the "Caveat 7 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.677 Page 7 of 16Cyberlux_Seulement_Agreement_Final_002_- l.pdf file :///C:/U sers/wi 11 w/Down loads/Cyberlux _ Settlement_ Agreement. .. 6 of IS THOUSAND SEVEN HUNDRED DOLLARS ($188,700). The CAP does not apply to restrict or limit Plaintiffs ability to pursue costs and attorney's fees should Defendants breach this Agreement. This obligation shall be added to the total balance due specified in section 2(b) above and paid to Strikepoint. Manner of Pavment: All payments shall be wired to Plaintiffs and to Strikepoint. Information and lnstructions for completing the wire transfer shall be provided to Defendants' Counsel upon execution of this agreement. Plaintiff may change its payment instructions from time to time by providing written notice. Effect of Full Pavmcnt: Upon payment of all sums due and owing herein, the Judgment entered herein shall be marked "Satisfied." g_, No Other Bencficiarv: The payment of funds herein shall not operate to release any other party. other than the Parties to this Agreement. as set fo11h below. Nor shall the dismissal of any claim herein inure to the benefit of any party who is not a Party to this Agreement. Notice of Satisfaction. Within ten ( 10) business days of Plaintiff receiving the complete Settlement Consideration and saris factions of all terms herein, Plaintiff shall file a Notice of Satisfaction, pursuant to Va. Code Ann. § 16.1-94.01. 6. Mutual Release of All Claims. Immediately upon endorsement of this Agreement, except for the obligations expressly set forth herein and any claims or actions for breach or enforcement or this J\grecmcnt. Defendants Cybcrlux Corporation and Mark D. Schmidt, individually. hereby release any and all causes of action, claims, counterclaims, or demands, present or future, known or unknown, asserted or unasscrted, against Plaintiffs or any of Plaintiffs' members, officers, agents. counsel, employees, and affiliates arising or accruing from the beginning of time and up to and including the date of this Agreement, including all claims based upon or in any way relating to the IP Agreement, the Strikcpoint Consulting Agreement, Plaintiffs' 6 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.672 Page 2 of 16Cyberlux_Settlement_Agreemcnt Final 002 -1.pdf file:/ I/C:/U sers/wi 11 w/Down loads/Cyberlux _ Settlement_ Agreement. .. I of 15 SETTLEMENT AGREEMENT This Settlement Agreement (the "Agreement") is made as of this I Sthth day of June 2023, by and between ATLANTIC WAVE HOLDINGS, LLC, SECURE COMMUNITY, LLC (collectively, "Plaintiffs"), CYBERLUX CORPORATION AND MARK D. SCHMIDT (collectively, "Defendants"), and STRIKEPOlNT CONSULTING, LLC ("Strikepoint") a separate party with some common interest holders to the Plaintiffs. Plaintiffs, Defendants, and Strikepoint shall collectively be referred to as the "Parties to this Agreement" and Plaintiffs and Defendants shall collectively be referred to as "Parties to the Litigation." RECITALS WHEREAS, Plaintiffs and Defendants entered into an agreement on October 8, 2021, which compensated Plaintiffs for the reacquisition by Defendant Cyberlux of certain intellectual property in exchange for certain installment payments of fixed liquidated sums by Defendants to Plaintiffs and "Freely Trading" stock, which had fallen into arrears ("the TP Agreement"); WHEREAS, on September 24, 202 l. an agreement was executed between an entity described as "Strikepoints Consulting. LLC" and Defendant Cybcrlux Corporation for certain consulting services (the "Strikepoint Consulting Agreement"), which called for, inter a/ia, installment payments affixed liquidated sums owed by Defendants to Plaintiff, which also fell into arrears; WHEREAS, Plaintiffs filed its Complaint for breach of said agreements in the Circuit Court of the City of Richmond, Virginia (the "Court"), against Defendants in the civil action titled, Atlantic Wave Holdings. LLC and Secure Community. LLC v. Cyberlux Corporation and Mark D. Schmidt (Case No. CL22-3882) (the "Litigation''), which remains pending; WI IERE/\S, the Parties to this i\grecmcnt desire to resolve and settle any and all existing disputes between the Plaimi ffs and Defendants and between Strikcpoint and Defendants to eliminate uncertainty and facilitate final resolution of their respective relationships between the parties; and 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.672 Page 2 of 16Cyberlux_Settlement_Agreemcnt Final 002 -1.pdf file:/ I/C:/U sers/wi 11 w/Down loads/Cyberlux _ Settlement_ Agreement. .. I of 15 SETTLEMENT AGREEMENT This Settlement Agreement (the "Agreement") is made as of this I Sthth day of June 2023, by and between ATLANTIC WAVE HOLDINGS, LLC, SECURE COMMUNITY, LLC (collectively, "Plaintiffs"), CYBERLUX CORPORATION AND MARK D. SCHMIDT (collectively, "Defendants"), and STRIKEPOlNT CONSULTING, LLC ("Strikepoint") a separate party with some common interest holders to the Plaintiffs. Plaintiffs, Defendants, and Strikepoint shall collectively be referred to as the "Parties to this Agreement" and Plaintiffs and Defendants shall collectively be referred to as "Parties to the Litigation." RECITALS WHEREAS, Plaintiffs and Defendants entered into an agreement on October 8, 2021, which compensated Plaintiffs for the reacquisition by Defendant Cyberlux of certain intellectual property in exchange for certain installment payments of fixed liquidated sums by Defendants to Plaintiffs and "Freely Trading" stock, which had fallen into arrears ("the TP Agreement"); WHEREAS, on September 24, 202 l. an agreement was executed between an entity described as "Strikepoints Consulting. LLC" and Defendant Cybcrlux Corporation for certain consulting services (the "Strikepoint Consulting Agreement"), which called for, inter a/ia, installment payments affixed liquidated sums owed by Defendants to Plaintiff, which also fell into arrears; WHEREAS, Plaintiffs filed its Complaint for breach of said agreements in the Circuit Court of the City of Richmond, Virginia (the "Court"), against Defendants in the civil action titled, Atlantic Wave Holdings. LLC and Secure Community. LLC v. Cyberlux Corporation and Mark D. Schmidt (Case No. CL22-3882) (the "Litigation''), which remains pending; WI IERE/\S, the Parties to this i\grecmcnt desire to resolve and settle any and all existing disputes between the Plaimi ffs and Defendants and between Strikcpoint and Defendants to eliminate uncertainty and facilitate final resolution of their respective relationships between the parties; and 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.672 Page 2 of 16Cyberlux_Settlement_Agreemcnt Final 002 -1.pdf file:/ I/C:/U sers/wi 11 w/Down loads/Cyberlux _ Settlement_ Agreement. .. I of 15 SETTLEMENT AGREEMENT This Settlement Agreement (the "Agreement") is made as of this I Sthth day of June 2023, by and between ATLANTIC WAVE HOLDINGS, LLC, SECURE COMMUNITY, LLC (collectively, "Plaintiffs"), CYBERLUX CORPORATION AND MARK D. SCHMIDT (collectively, "Defendants"), and STRIKEPOlNT CONSULTING, LLC ("Strikepoint") a separate party with some common interest holders to the Plaintiffs. Plaintiffs, Defendants, and Strikepoint shall collectively be referred to as the "Parties to this Agreement" and Plaintiffs and Defendants shall collectively be referred to as "Parties to the Litigation." RECITALS WHEREAS, Plaintiffs and Defendants entered into an agreement on October 8, 2021, which compensated Plaintiffs for the reacquisition by Defendant Cyberlux of certain intellectual property in exchange for certain installment payments of fixed liquidated sums by Defendants to Plaintiffs and "Freely Trading" stock, which had fallen into arrears ("the TP Agreement"); WHEREAS, on September 24, 202 l. an agreement was executed between an entity described as "Strikepoints Consulting. LLC" and Defendant Cybcrlux Corporation for certain consulting services (the "Strikepoint Consulting Agreement"), which called for, inter a/ia, installment payments affixed liquidated sums owed by Defendants to Plaintiff, which also fell into arrears; WHEREAS, Plaintiffs filed its Complaint for breach of said agreements in the Circuit Court of the City of Richmond, Virginia (the "Court"), against Defendants in the civil action titled, Atlantic Wave Holdings. LLC and Secure Community. LLC v. Cyberlux Corporation and Mark D. Schmidt (Case No. CL22-3882) (the "Litigation''), which remains pending; WI IERE/\S, the Parties to this i\grecmcnt desire to resolve and settle any and all existing disputes between the Plaimi ffs and Defendants and between Strikcpoint and Defendants to eliminate uncertainty and facilitate final resolution of their respective relationships between the parties; and 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.672 Page 2 of 16Cyberlux_Settlement_Agreemcnt Final 002 -1.pdf file:/ I/C:/U sers/wi 11 w/Down loads/Cyberlux _ Settlement_ Agreement. .. I of 15 SETTLEMENT AGREEMENT This Settlement Agreement (the "Agreement") is made as of this I Sthth day of June 2023, by and between ATLANTIC WAVE HOLDINGS, LLC, SECURE COMMUNITY, LLC (collectively, "Plaintiffs"), CYBERLUX CORPORATION AND MARK D. SCHMIDT (collectively, "Defendants"), and STRIKEPOlNT CONSULTING, LLC ("Strikepoint") a separate party with some common interest holders to the Plaintiffs. Plaintiffs, Defendants, and Strikepoint shall collectively be referred to as the "Parties to this Agreement" and Plaintiffs and Defendants shall collectively be referred to as "Parties to the Litigation." RECITALS WHEREAS, Plaintiffs and Defendants entered into an agreement on October 8, 2021, which compensated Plaintiffs for the reacquisition by Defendant Cyberlux of certain intellectual property in exchange for certain installment payments of fixed liquidated sums by Defendants to Plaintiffs and "Freely Trading" stock, which had fallen into arrears ("the TP Agreement"); WHEREAS, on September 24, 202 l. an agreement was executed between an entity described as "Strikepoints Consulting. LLC" and Defendant Cybcrlux Corporation for certain consulting services (the "Strikepoint Consulting Agreement"), which called for, inter a/ia, installment payments affixed liquidated sums owed by Defendants to Plaintiff, which also fell into arrears; WHEREAS, Plaintiffs filed its Complaint for breach of said agreements in the Circuit Court of the City of Richmond, Virginia (the "Court"), against Defendants in the civil action titled, Atlantic Wave Holdings. LLC and Secure Community. LLC v. Cyberlux Corporation and Mark D. Schmidt (Case No. CL22-3882) (the "Litigation''), which remains pending; WI IERE/\S, the Parties to this i\grecmcnt desire to resolve and settle any and all existing disputes between the Plaimi ffs and Defendants and between Strikcpoint and Defendants to eliminate uncertainty and facilitate final resolution of their respective relationships between the parties; and 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.683 Page 13 of 16 IN WITNESS WHEREOF, and intending to be legally bound, the Parties hereto set their hands and seals. Charles Watts, Jr., in his capacity as Special Counsel for Cyberlux Corporation and Mark D. Schmidt Date: 06/15/2023 Mark D. Schmidt, individually and on behalf of Cyberlux Corporation, as its President Date: 06/15/2023 William Welter, as a Managing Director of Atlantic Wave Holdings, LLC and Secure Community, LLC Date: June 15, 2023 STRIKEPOINT CONSULTING, LLC Cheri Nolan, CEO and President of Strikepoint Consulting, LLC Date: 6/15/2023 William Welter, Managing Director of Strikepoint Consulting, LLC Date: June 15, 2023 12

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.683 Page 13 of 16 IN WITNESS WHEREOF, and intending to be legally bound, the Parties hereto set their hands and seals. Charles Watts, Jr., in his capacity as Special Counsel for Cyberlux Corporation and Mark D. Schmidt Date: 06/15/2023 Mark D. Schmidt, individually and on behalf of Cyberlux Corporation, as its President Date: 06/15/2023 William Welter, as a Managing Director of Atlantic Wave Holdings, LLC and Secure Community, LLC Date: June 15, 2023 STRIKEPOINT CONSULTING, LLC Cheri Nolan, CEO and President of Strikepoint Consulting, LLC Date: 6/15/2023 William Welter, Managing Director of Strikepoint Consulting, LLC Date: June 15, 2023 12

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.683 Page 13 of 16 IN WITNESS WHEREOF, and intending to be legally bound, the Parties hereto set their hands and seals. Charles Watts, Jr., in his capacity as Special Counsel for Cyberlux Corporation and Mark D. Schmidt Date: 06/15/2023 Mark D. Schmidt, individually and on behalf of Cyberlux Corporation, as its President Date: 06/15/2023 William Welter, as a Managing Director of Atlantic Wave Holdings, LLC and Secure Community, LLC Date: June 15, 2023 STRIKEPOINT CONSULTING, LLC Cheri Nolan, CEO and President of Strikepoint Consulting, LLC Date: 6/15/2023 William Welter, Managing Director of Strikepoint Consulting, LLC Date: June 15, 2023 12

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.683 Page 13 of 16 IN WITNESS WHEREOF, and intending to be legally bound, the Parties hereto set their hands and seals. Charles Watts, Jr., in his capacity as Special Counsel for Cyberlux Corporation and Mark D. Schmidt Date: 06/15/2023 Mark D. Schmidt, individually and on behalf of Cyberlux Corporation, as its President Date: 06/15/2023 William Welter, as a Managing Director of Atlantic Wave Holdings, LLC and Secure Community, LLC Date: June 15, 2023 STRIKEPOINT CONSULTING, LLC Cheri Nolan, CEO and President of Strikepoint Consulting, LLC Date: 6/15/2023 William Welter, Managing Director of Strikepoint Consulting, LLC Date: June 15, 2023 12

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.685 Page 15 of 16Cyberlux _ Settlement_ Agreement_Fina1_002 - I .pd f fi le:///C:/Users/wil lw/Down loads/Cyberlux _ Settlement_ Agreement... 14 of 15 and MARK D. SCHMIDT, to resolve the claims alleged in Plaintiffs' Complaint and certain other claims as agreed to by the parties pursuant to the parties' separate agreement. b. The parties agree 1ha1 this Final Judgement shall not be dischargeable in bankruptcy to the fullest extent permissible at law, and Defendants hereby waive all rights of reconsideration or appeal. Nor shall it be subject to any contribution or reduced through the paymcnt(s) of any other parties in this matter. Rather it shall be the sole obligation of Defendants. c. That the Plaintiffs be awarded all of their costs, including reasonable attorney's fees as per the Parties' settlement agreement, sanctions of $3,895.00 and $6,842.50, as provided by the Court's previous Orders, and post judgment interest at the rate of 12% per annum, as provided in the parties' agreement, from the date of entry of this order on the damages i ncurrcd in this matter. d. That the parties ha\'e agreed to a security interest and lien interest in all property of Defendants in favor or Plaintiffs until all sums are paid, and such security interest may be further memorialized through the filing of appropriate UCC-1 forms and the filing of appropriate Liens. e. Plaintiffs' Complaint is hereby dismissed without prejudice. THIS CAUSE IS ENDED. ENTERED this __ day of ______ _ , 2023. [Endorsement of Parties on Next Page] Hon. Jacqueline S. McClenney, Presiding Judge Circuit Court for the City of Richmond 14 6/15/2023, 5:50 PM

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.683 Page 13 of 16 IN WITNESS WHEREOF, and intending to be legally bound, the Parties hereto set their hands and seals. Charles Watts, Jr., in his capacity as Special Counsel for Cyberlux Corporation and Mark D. Schmidt Date: 06/15/2023 Mark D. Schmidt, individually and on behalf of Cyberlux Corporation, as its President Date: 06/15/2023 William Welter, as a Managing Director of Atlantic Wave Holdings, LLC and Secure Community, LLC Date: June 15, 2023 STRIKEPOINT CONSULTING, LLC Cheri Nolan, CEO and President of Strikepoint Consulting, LLC Date: 6/15/2023 William Welter, Managing Director of Strikepoint Consulting, LLC Date: June 15, 2023 12

Case 3:24-cv-00482-RBM-VET Document 24-1 Filed 07/17/24 PageID.672 Page 2 of 16Cyberlux_Settlement_Agreemcnt Final 002 -1.pdf file:/ I/C:/U sers/wi 11 w/Down loads/Cyberlux _ Settlement_ Agreement. .. I of 15 SETTLEMENT AGREEMENT This Settlement Agreement (the "Agreement") is made as of this I Sthth day of June 2023, by and between ATLANTIC WAVE HOLDINGS, LLC, SECURE COMMUNITY, LLC (collectively, "Plaintiffs"), CYBERLUX CORPORATION AND MARK D. SCHMIDT (collectively, "Defendants"), and STRIKEPOlNT CONSULTING, LLC ("Strikepoint") a separate party with some common interest holders to the Plaintiffs. Plaintiffs, Defendants, and Strikepoint shall collectively be referred to as the "Parties to this Agreement" and Plaintiffs and Defendants shall collectively be referred to as "Parties to the Litigation." RECITALS WHEREAS, Plaintiffs and Defendants entered into an agreement on October 8, 2021, which compensated Plaintiffs for the reacquisition by Defendant Cyberlux of certain intellectual property in exchange for certain installment payments of fixed liquidated sums by Defendants to Plaintiffs and "Freely Trading" stock, which had fallen into arrears ("the TP Agreement"); WHEREAS, on September 24, 202 l. an agreement was executed between an entity described as "Strikepoints Consulting. LLC" and Defendant Cybcrlux Corporation for certain consulting services (the "Strikepoint Consulting Agreement"), which called for, inter a/ia, installment payments affixed liquidated sums owed by Defendants to Plaintiff, which also fell into arrears; WHEREAS, Plaintiffs filed its Complaint for breach of said agreements in the Circuit Court of the City of Richmond, Virginia (the "Court"), against Defendants in the civil action titled, Atlantic Wave Holdings. LLC and Secure Community. LLC v. Cyberlux Corporation and Mark D. Schmidt (Case No. CL22-3882) (the "Litigation''), which remains pending; WI IERE/\S, the Parties to this i\grecmcnt desire to resolve and settle any and all existing disputes between the Plaimi ffs and Defendants and between Strikcpoint and Defendants to eliminate uncertainty and facilitate final resolution of their respective relationships between the parties; and 6/15/2023, 5:50 PM

EXHIBIT A

shall resolve the pending Litigation. Notwithstanding entry of a Final Order, the parties herby agree that if the Cyberlux stock is not brought to current "Pink Status" and the Caveat Emptor legend and restriction is not remedied and removed on or before December 31, 2023, Plaintiffs slrnll have the option, at their 3 6/15/2023, 5:50 PM