Cyberlux unaudited quarterly report, Q3 2023

Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines Cyberlux Corporation 800 Park Offices Drive, Suite 3209 Research Triangle, NC 27709 984-363-6894 www.cyberlux.com info@cyberlux.com NIC code: 3674 Quarterly Report For the Period Ending: September 30, 2023 (the “Reporting Period”) Outstanding Shares The number of shares outstanding of our Common Stock was: 5,718,914,810 as of September 30, 2023 5,587,666,363 as of December 31, 2022 Shell Status Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933, Rule 12b-2 of the Exchange Act of 1934 and Rule 15c2-11 of the Exchange Act of 1934): Yes: ☐ No: ☒ Indicate by check mark whether the company’s shell status has changed since the previous reporting period: Yes: ☐ No: ☒ Change in Control Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period: Yes: ☐ No: ☒ 1 “Change in Control” shall mean any events resulting in: (i) Any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the “beneficial owner” (as def ined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or m ore of the total voting power represented by the Company’s then outstanding voting securities; (ii) The consummation of the sale or disposition by the Company of all or substantially all of the Company’s assets; (iii) A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or (iv) The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (eit her by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its pare nt outstanding immediately after such merger or consolidation.

4) Issuer’s Business, Products and Services The purpose of this section is to provide a clear description of the issuer’s current operations. (Please ensure that these descriptions are updated on the Company’s Profile on www.otcmarkets.com). A. Summarize the issuer’s business operations (If the issuer does not have current operations, state “no operations”) Cyberlux Corporation (the "Company") was incorporated on May 17, 2000, under the laws of the State of Nevada. The Company had been focused on the development, manufacturing and marketing of long-term portable lighting products for commercial and industrial users. During the nine months ended September 30, 2023, the Company has refocused its operations to the provision of unmanned aircraft systems and advanced communications systems, including through the following transactions: 1. Cyberlux and Kreatx Shpk, FBD Shpk and Havas SAS entered into Agreements of Business Separation, effective as of June 30, 2023, terminating the business relationship of between the parties, in exchange for certain payment and equity terms. The operations of these businesses for the periods ended June 30, 2023, are presented as discontinued operations in the consolidated statement of operations. The Company recognized a loss on the disposition of these subsidiaries, as presented in the consolidated statement of operations. 2. On August 29, 2023, Cyberlux Corporation was awarded a contract of $78.9 million to deliver Cyberlux K8 Unmanned Aircraft Systems as reflected by the United States Department of Defense (“DoD”) in the February 24, 2023, USAI announcement. As of September 30, 2023, the Company has received advance payments for the purchase of such systems from the DoD in the amount of $38,700,600. The completion of shipment of the systems is expected to occur by March 2024. 3. On September 8, 2023, the Company acquired 100% of the outstanding stock of Datron World Communications, Inc. (“Datron”), a provider of communications solutions to government, militaries, and industrial users globally. The purchase price consisted of the payment of $3.0 million at closing, issuance of a $2.0 million note payable (1st note), the issuance of a $2.0 million note payable (2nd note) and the cancellation of a $3.5 million advance made to Datron World Communications, Inc. by Datron Holdings, Inc. The 1st note bears interest at 3% per annum and is due September 2026. The holder can elect to the convert the note into shares of common stock at 90% of the VWAP after September 2024. The 2nd note bears interest at 5% per annum and is due September 2026. The holder can elect to the convert the note into shares of common stock at 85% of the VWAP after September 2024. The acquisition was accounted for as an acquisition of a business, and the purchase price of approximately $10.5 million was allocated to net current assets of $1.3 million and the remaining $9.2 million was allocated to technology based intangible assets, which are to be

Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines Cyberlux Corporation 800 Park Offices Drive, Suite 3209 Research Triangle, NC 27709 984-363-6894 www.cyberlux.com info@cyberlux.com NIC code: 3674 Quarterly Report For the Period Ending: September 30, 2023 (the “Reporting Period”) Outstanding Shares The number of shares outstanding of our Common Stock was: 5,718,914,810 as of September 30, 2023 5,587,666,363 as of December 31, 2022 Shell Status Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933, Rule 12b-2 of the Exchange Act of 1934 and Rule 15c2-11 of the Exchange Act of 1934): Yes: ☐ No: ☒ Indicate by check mark whether the company’s shell status has changed since the previous reporting period: Yes: ☐ No: ☒ Change in Control Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period: Yes: ☐ No: ☒ 1 “Change in Control” shall mean any events resulting in: (i) Any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the “beneficial owner” (as def ined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or m ore of the total voting power represented by the Company’s then outstanding voting securities; (ii) The consummation of the sale or disposition by the Company of all or substantially all of the Company’s assets; (iii) A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or (iv) The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (eit her by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its pare nt outstanding immediately after such merger or consolidation.

4) Issuer’s Business, Products and Services The purpose of this section is to provide a clear description of the issuer’s current operations. (Please ensure that these descriptions are updated on the Company’s Profile on www.otcmarkets.com). A. Summarize the issuer’s business operations (If the issuer does not have current operations, state “no operations”) Cyberlux Corporation (the "Company") was incorporated on May 17, 2000, under the laws of the State of Nevada. The Company had been focused on the development, manufacturing and marketing of long-term portable lighting products for commercial and industrial users. During the nine months ended September 30, 2023, the Company has refocused its operations to the provision of unmanned aircraft systems and advanced communications systems, including through the following transactions: 1. Cyberlux and Kreatx Shpk, FBD Shpk and Havas SAS entered into Agreements of Business Separation, effective as of June 30, 2023, terminating the business relationship of between the parties, in exchange for certain payment and equity terms. The operations of these businesses for the periods ended June 30, 2023, are presented as discontinued operations in the consolidated statement of operations. The Company recognized a loss on the disposition of these subsidiaries, as presented in the consolidated statement of operations. 2. On August 29, 2023, Cyberlux Corporation was awarded a contract of $78.9 million to deliver Cyberlux K8 Unmanned Aircraft Systems as reflected by the United States Department of Defense (“DoD”) in the February 24, 2023, USAI announcement. As of September 30, 2023, the Company has received advance payments for the purchase of such systems from the DoD in the amount of $38,700,600. The completion of shipment of the systems is expected to occur by March 2024. 3. On September 8, 2023, the Company acquired 100% of the outstanding stock of Datron World Communications, Inc. (“Datron”), a provider of communications solutions to government, militaries, and industrial users globally. The purchase price consisted of the payment of $3.0 million at closing, issuance of a $2.0 million note payable (1st note), the issuance of a $2.0 million note payable (2nd note) and the cancellation of a $3.5 million advance made to Datron World Communications, Inc. by Datron Holdings, Inc. The 1st note bears interest at 3% per annum and is due September 2026. The holder can elect to the convert the note into shares of common stock at 90% of the VWAP after September 2024. The 2nd note bears interest at 5% per annum and is due September 2026. The holder can elect to the convert the note into shares of common stock at 85% of the VWAP after September 2024. The acquisition was accounted for as an acquisition of a business, and the purchase price of approximately $10.5 million was allocated to net current assets of $1.3 million and the remaining $9.2 million was allocated to technology based intangible assets, which are to be

1) Name and address(es) of the issuer and its predecessors (if any) In answering this item, provide the current name of the issuer any names used by predecessor entities, along with the dates of the name changes. The name of the issuer is Cyberlux Corporation. ("Cyberlux," "Company," "we" or “us”). The Company has no predecessor. The state of incorporation or registration of the issuer and of each of its predecessors (if any) during the past five years; Please also include the issuer’s current standing in its state of incorporation (e.g., active, default, inactive): The issuer was incorporated in the State of Nevada and its current standing is active. Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors since inception: None List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months: None The address(es) of the issuer’s principal executive office: 800 Park Offices Drive, Suite 3209 Research Triangle, NC 27709 The address(es) of the issuer’s principal place of business: ☒ Check if principal executive office and principal place of business are the same address: Has the issuer or any of its predecessors been in bankruptcy, receivership, or any similar proceeding in the past five years? No: ☒ Yes: ☐ If Yes, provide additional details below:

amortized over 5 years. The Company also recognized a deferred tax liability (included in other long-term liabilities on the accompanying balance sheet) of approximately $2.2 million representing the basis difference in the intangible assets. The Company has not yet completed the purchase price allocation and valuation of the identifiable intangible assets as required by Accounting Standards Codification 805, but expects to have it completed for the December 31, 2023, reporting period. B. List any subsidiaries, parent company, or affiliated companies. Datron World Communications, Inc. Catalyst Machineworks, LLC CMTC Drone Solutions, LLC During the quarter ended September 30, 2023, Cyberlux Corporation made the business decision to solely focus its operations on defense technology where classified projects are required, and Top -Secret clearances and corporate Sensitive Compartmented Information Facility (SCIF) clearances are required. Therefore, the Company determined that no foreign subsidiaries would be viable as part of Cyberlux’s business going forward. As a result, Cyberlux declared its intention to not make further investments into the foreign subsidiaries ( three entities that were acquired or agreed to be acquired in 2021 – and are now reported as discontinued operations in the statement of operations) . Cyberlux and each of Kreatx Shpk, FBD Shpk and Havas SAS entered into Agreements of Business Separation, effective as of April 1, 2023 (in respect of Kreatx) and June 30, 2023 (in respect of each of FBD and Havas), terminating the business relationships with each such counterparty, in exchange, in each case, for certain payment and equity terms. C. Describe the issuers’ principal products or services. The Company introduced products and solutions across multiple industries in 2021 and 2022 beyond the hardened multispectral illuminators Cyberlux had become known for. The Company now has four defense technology business units including: Unmanned Aircraft Solutions (UAS): Military-Grade Hardware and Software Guidance System Platform with Enhanced Infrared Night Vision ; Thermal Sensor technology; Eye-in-the-Sky Monitoring; LiDAR Mapping and Perception; UAS Guidance System Software; UAS Service Support Software ; and Telecommunications, Data Analytics Application Solutions with ongoing technology and Strategic IP development. Military Communications Technology (MCT): Datron Military-Grade mission-critical voice, data, and video connectivity. Datron partners with governments, militaries, public safety organizations, security forces and commercial users worldwide to innovate and rapidly deploy high frequency (HF), very high frequency (VHF), multiband (MB) voice/data solutions. Datron World Communications has customers in over 80 countries who benefit from communications systems that reliably perform in demanding environments. Datron’s military communication technology expands from short range (VHF/MB) to long range communications (HF). Short Range Communications: Datron’s VHF/MB short -range radios (7- 50 km) provide secure voice and data exchanges to troops worldwide for communicating on the battlefield.

Using the table below, please provide information, as of the period end date of this report, regarding any officers, or directors of the company, individuals or entities controlling more that 5% of any class of the issuer’s securities, or any person that performs a similar function, regardless of the number of shares they own. If any Insiders listed are corporate shareholders or entities, provide the name and address of the person(s) beneficially owning or controlling such corporate shareholders, or the name and contact information (City, State) of an individual representing the corporation or entity in the note section. Include Company Insiders who own any outstanding units or shares of any class of any equity security of the issuer. The goal of this section is to provide an investor with a clear understanding of the identity of all the persons or entities that are involved in managing, controlling, or advising the operations, business development and disclosure of the issuer, as well as the identity of any significant or beneficial shareholders. Name of Officer/Director or Control Person Affiliation with Company (e.g., Officer Title /Director/Owner of more than 5%) Residential Address (City / State Only) Number of shares owned Share type/class Ownership Percentage of Class Outstanding Note Mark D. Schmidt Officer President Chief Executive Officer Director Chairman Durham, NC 230,642 47,000,000 Common Series B Less than 1% 53.8% Restricted Common Poison-Pill Voting Control Protection David D. Downing Officer CFO Director Marietta, OH 42,500 5,300,000 Common Series B Less than 1% 6.1% Restricted Common Poison-Pill Voting Control Protection John W. Ringo Corporate Counsel Secretary Director Atlanta, GA 123,783 Common Less than 1% Restricted Common Larson J. Isely Chief Technology Officer and General Manager of Unmanned Aircraft Systems Durham, NC 5,000,000 Series B 5.7% Poison-Pill Voting Control Protection Aaron Goodman Director Waccabuc, NY 70,000,000 Common 1.253% Restricted Common

B. Describe briefly any material pending legal proceedings, other than ordinary routine litigation incidental to the business, to which the issuer or any of its subsidiaries is a party or of which any of their property is the subject. Include the name of the court or agency in which the proceedings are pending, the date instituted, the principal parties thereto, a description of the factual basis alleged to underlie the proceeding and the relief sought. Include similar information as to any such proceedings known to be contemplated by governmental authorities. None 8) Third Party Service Providers Provide the name, address, telephone number and email address of each of the following outside providers. You may add additional space as needed. Securities Counsel (must include Counsel preparing Attorney Letters) Name: Carl P. Ranno Firm: Law Office of Carl P. Ranno Address: 2733 East Vista Drive Phoenix, AZ 85032 Phone: 602-493-0369 Email: carlranno@cox.net Legal Counsel Name: Edward W. Gray Jr., Partner Firm: Thompson Coburn LLP Address: 1909 K Street N.W. Suite 600 Washington, DC 20006-1167 Phone: 202-585-6910 Email: egray@thompsoncoburn.com Web: www.thompsoncoburn.com Legal Counsel Name: Jennifer E.D. Clarke, Esq. Firm: Tjong & Hsia LLP Address: 45 Rockefeller Plaza, 20th Floor New York, NY 10111 Phone: 516-801-1700 Email: jclarke@tjonghsia.com Web: www.tjonghsia.com Name: Brian L. Blaylock Firm: Snell & Wilmer Address: 3883 Howard Hughes Parkway, Suite 1100 Las Vegas, NV 89169 Phone: 702-784-5355 Email: bblaylock@swlaw.com Web: www.swlaw.com Accountant or Auditor

Cyberlux Corporation and Subsidiaries Condensed Consolidated Balance Sheet September 30, 2023 and December 31, 2022 (Unaudited) September 30, 2023 December 31, 2022 Assets Current assets: Cash & cash equivalents $ 16,893,524 $ 953,105 Accounts receivable, net of allowance for doubtful accounts 1,140,100 4,937,107 Inventory 14,693,095 519,341 Other current assets 314,050 1,849,230 Total current assets 33,040,769 8,258,783 Property, plant and equipment, net of accumulated depreciation 587,890 863,668 Other Assets: Patents, net of accumulated amortization 372,809 8,265 Intangible assets, net of accumulated amortization 12,714,063 - Investment in unconsolidated subsidiaries 200,001 3,156,293 Total Assets $ 46,915,532 $ 12,287,009 Liabilities and Stockholders' Deficit Current liabilities: Accounts payable $ 1,444,329 $2,024,460 Accrued interest 2,327,146 1,974,478 Customer deposits 38,700,600 - Accrued liabilities 3,861,986 1,637,750 Total current liabilities 46,334,061 5,636,688 Long-term liabilities: Notes payable, related parties 2,859,027 3,384,267 Notes payable, non-related parties 14,813,625 7,098,993 Deferred revenues 3,952,825 79,342 Total long-term liabilities 21,625,477 10,562,602

Cyberlux Corporation and Subsidiaries Condensed Consolidated Balance Sheet September 30, 2023 and December 31, 2022 (Unaudited) September 30, 2023 December 31, 2022 Assets Current assets: Cash & cash equivalents $ 16,893,524 $ 953,105 Accounts receivable, net of allowance for doubtful accounts 1,140,100 4,937,107 Inventory 14,693,095 519,341 Other current assets 314,050 1,849,230 Total current assets 33,040,769 8,258,783 Property, plant and equipment, net of accumulated depreciation 587,890 863,668 Other Assets: Patents, net of accumulated amortization 372,809 8,265 Intangible assets, net of accumulated amortization 12,714,063 - Investment in unconsolidated subsidiaries 200,001 3,156,293 Total Assets $ 46,915,532 $ 12,287,009 Liabilities and Stockholders' Deficit Current liabilities: Accounts payable $ 1,444,329 $2,024,460 Accrued interest 2,327,146 1,974,478 Customer deposits 38,700,600 - Accrued liabilities 3,861,986 1,637,750 Total current liabilities 46,334,061 5,636,688 Long-term liabilities: Notes payable, related parties 2,859,027 3,384,267 Notes payable, non-related parties 14,813,625 7,098,993 Deferred revenues 3,952,825 79,342 Total long-term liabilities 21,625,477 10,562,602

Cyberlux Corporation and Subsidiaries Condensed Statements of Income Three and Nine months ended September 30, 2023 and 2022 (Unaudited) Three Months Ended Year to Date Sept 30, 2023 Sept 30, 2022 Sept 30, 2023 Sept 30, 2022 Revenue $419, 006 $ 263,416 $ 567,949 $ 669,739 Cost of goods sold (214,283) (109,744) (400,770) (410,100) Gross margin (loss) 204,723 153,672 167,179 259,639 Operating Expenses: Marketing and advertising 64,505 713 66,185 97,747 Depreciation and amortization 1,020,784 - 1,020,784 - Research and development 44,241 1,775,874 65,090 2,230,706 General and administrative expenses 5,896,027 2,461,867 7,532,976 1,057,824 Total operating expenses 7,025,557 4,238,454 8,685,035 3,386,277 Income (loss) from operations (6,820,833) 4,084,782 (8,517,855) (3,126,638) Other income/(expense): Interest income 110,137 110,137 - Interest expense (286,213) (314,396) (630,519) (485,352) Gain on stock returned to Treasury - - - 700,000 Net income from discontinued operations - 2,020,543 2,296,869 4,763,870 Loss on divestment of subsidiaries (11,027,358) - (11,07,359) - Net income/(loss) available to common stockholders (18,006,268) (2,378,635) (17,768,727) 1,851,879 Weighted average number of common shares outstanding, basic 5,712,284,375 5,483,106,902 5,617,971,948 5,483,106,902 Income (Loss) per share - basic (0.003) 0.001 (0.003) 0.001 The accompanying notes are an integral part of these financial statements.

Cyberlux Corporation and Subsidiaries Condensed Statements of Income Three and Nine months ended September 30, 2023 and 2022 (Unaudited) Three Months Ended Year to Date Sept 30, 2023 Sept 30, 2022 Sept 30, 2023 Sept 30, 2022 Revenue $419, 006 $ 263,416 $ 567,949 $ 669,739 Cost of goods sold (214,283) (109,744) (400,770) (410,100) Gross margin (loss) 204,723 153,672 167,179 259,639 Operating Expenses: Marketing and advertising 64,505 713 66,185 97,747 Depreciation and amortization 1,020,784 - 1,020,784 - Research and development 44,241 1,775,874 65,090 2,230,706 General and administrative expenses 5,896,027 2,461,867 7,532,976 1,057,824 Total operating expenses 7,025,557 4,238,454 8,685,035 3,386,277 Income (loss) from operations (6,820,833) 4,084,782 (8,517,855) (3,126,638) Other income/(expense): Interest income 110,137 110,137 - Interest expense (286,213) (314,396) (630,519) (485,352) Gain on stock returned to Treasury - - - 700,000 Net income from discontinued operations - 2,020,543 2,296,869 4,763,870 Loss on divestment of subsidiaries (11,027,358) - (11,07,359) - Net income/(loss) available to common stockholders (18,006,268) (2,378,635) (17,768,727) 1,851,879 Weighted average number of common shares outstanding, basic 5,712,284,375 5,483,106,902 5,617,971,948 5,483,106,902 Income (Loss) per share - basic (0.003) 0.001 (0.003) 0.001 The accompanying notes are an integral part of these financial statements.

Cyberlux Corporation and Subsidiaries Condensed Statements of Income Three and Nine months ended September 30, 2023 and 2022 (Unaudited) Three Months Ended Year to Date Sept 30, 2023 Sept 30, 2022 Sept 30, 2023 Sept 30, 2022 Revenue $419, 006 $ 263,416 $ 567,949 $ 669,739 Cost of goods sold (214,283) (109,744) (400,770) (410,100) Gross margin (loss) 204,723 153,672 167,179 259,639 Operating Expenses: Marketing and advertising 64,505 713 66,185 97,747 Depreciation and amortization 1,020,784 - 1,020,784 - Research and development 44,241 1,775,874 65,090 2,230,706 General and administrative expenses 5,896,027 2,461,867 7,532,976 1,057,824 Total operating expenses 7,025,557 4,238,454 8,685,035 3,386,277 Income (loss) from operations (6,820,833) 4,084,782 (8,517,855) (3,126,638) Other income/(expense): Interest income 110,137 110,137 - Interest expense (286,213) (314,396) (630,519) (485,352) Gain on stock returned to Treasury - - - 700,000 Net income from discontinued operations - 2,020,543 2,296,869 4,763,870 Loss on divestment of subsidiaries (11,027,358) - (11,07,359) - Net income/(loss) available to common stockholders (18,006,268) (2,378,635) (17,768,727) 1,851,879 Weighted average number of common shares outstanding, basic 5,712,284,375 5,483,106,902 5,617,971,948 5,483,106,902 Income (Loss) per share - basic (0.003) 0.001 (0.003) 0.001 The accompanying notes are an integral part of these financial statements.

Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines Cyberlux Corporation 800 Park Offices Drive, Suite 3209 Research Triangle, NC 27709 984-363-6894 www.cyberlux.com info@cyberlux.com NIC code: 3674 Quarterly Report For the Period Ending: September 30, 2023 (the “Reporting Period”) Outstanding Shares The number of shares outstanding of our Common Stock was: 5,718,914,810 as of September 30, 2023 5,587,666,363 as of December 31, 2022 Shell Status Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933, Rule 12b-2 of the Exchange Act of 1934 and Rule 15c2-11 of the Exchange Act of 1934): Yes: ☐ No: ☒ Indicate by check mark whether the company’s shell status has changed since the previous reporting period: Yes: ☐ No: ☒ Change in Control Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period: Yes: ☐ No: ☒ 1 “Change in Control” shall mean any events resulting in: (i) Any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the “beneficial owner” (as def ined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or m ore of the total voting power represented by the Company’s then outstanding voting securities; (ii) The consummation of the sale or disposition by the Company of all or substantially all of the Company’s assets; (iii) A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or (iv) The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (eit her by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its pare nt outstanding immediately after such merger or consolidation.

Cyberlux Corporation and Subsidiaries Condensed Consolidated Statement of Cash Flow Nine months ended September 30, 2023 and 2022 (Unaudited) 2023 2022 CASH FLOWS FROM OPERATING ACTIVITIES: Net income (loss) available to common stockholders $ (17,768,726) $ 1,851,879 Adjustments to reconcile net income (loss) to cash flows from operations Earnings of discontinued operations 2,296,869 - Issuance of common stock in exchange for services 66,249 229,009 Issuance of common stock for incentive targets - 305,770 Amortization and depreciation 949,445 19,764 Changes in assets and liabilities, net of impact from acquisition Accounts receivable 4,937,107 (2,555,344) Inventories (7,059,531) (319,250) Prepaid expenses and other assets 1,779,781 (281,477) Long term notes receivable - - Accounts payable (1,415,109) (558,582) Accrued liabilities (638,369) 327,013 Customer deposits 38,700,600 - Other liabilities (79,342) 17,159 Net cash (used in) operating activities 21,768,974 (963,859) CASH FLOWS FROM INVESTING ACTIVITIES: Proceeds from sale of property, plant & equipment, net 610,665 - Investment in subsidiaries (995,760) (2,556,292) Expenditures for patents (19,674) (8,265) Investment in Datron, net of cash acquired (5,689,977) - Net cash used in investing activities (6,094,746) (2,564,557) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from the sale of common stock for investment in subsidiaries - 1,000,000 Net proceeds (payments) from borrowing on a long-term basis 249,392 742,440 Net proceeds (payments) from notes payable, related parties - 236,500 Series B Stock issued from treasury 16,800 - Preferred B stock returned to the treasury - (700,000) Net cash provided by (used in) financing activities 266,192 1,278,940) Net increase/(decrease) in cash and cash equivalents 15,940,420 (2,249,476) Cash and cash equivalents at beginning of period 953,105 3,530,317 Cash and cash equivalents at end of period 16,893,525 1,280,841 Supplemental disclosures: Interest Paid - - Income taxes paid - - NON-CASH INVESTING AND FINANCING ACTIVITIES: Debt issued for acquisition of Datron $4,000,000 The accompanying notes are an integral part of these financial statements.

Cyberlux Corporation and Subsidiaries Condensed Consolidated Statement of Cash Flow Nine months ended September 30, 2023 and 2022 (Unaudited) 2023 2022 CASH FLOWS FROM OPERATING ACTIVITIES: Net income (loss) available to common stockholders $ (17,768,726) $ 1,851,879 Adjustments to reconcile net income (loss) to cash flows from operations Earnings of discontinued operations 2,296,869 - Issuance of common stock in exchange for services 66,249 229,009 Issuance of common stock for incentive targets - 305,770 Amortization and depreciation 949,445 19,764 Changes in assets and liabilities, net of impact from acquisition Accounts receivable 4,937,107 (2,555,344) Inventories (7,059,531) (319,250) Prepaid expenses and other assets 1,779,781 (281,477) Long term notes receivable - - Accounts payable (1,415,109) (558,582) Accrued liabilities (638,369) 327,013 Customer deposits 38,700,600 - Other liabilities (79,342) 17,159 Net cash (used in) operating activities 21,768,974 (963,859) CASH FLOWS FROM INVESTING ACTIVITIES: Proceeds from sale of property, plant & equipment, net 610,665 - Investment in subsidiaries (995,760) (2,556,292) Expenditures for patents (19,674) (8,265) Investment in Datron, net of cash acquired (5,689,977) - Net cash used in investing activities (6,094,746) (2,564,557) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from the sale of common stock for investment in subsidiaries - 1,000,000 Net proceeds (payments) from borrowing on a long-term basis 249,392 742,440 Net proceeds (payments) from notes payable, related parties - 236,500 Series B Stock issued from treasury 16,800 - Preferred B stock returned to the treasury - (700,000) Net cash provided by (used in) financing activities 266,192 1,278,940) Net increase/(decrease) in cash and cash equivalents 15,940,420 (2,249,476) Cash and cash equivalents at beginning of period 953,105 3,530,317 Cash and cash equivalents at end of period 16,893,525 1,280,841 Supplemental disclosures: Interest Paid - - Income taxes paid - - NON-CASH INVESTING AND FINANCING ACTIVITIES: Debt issued for acquisition of Datron $4,000,000 The accompanying notes are an integral part of these financial statements.

Stockholders' deficit: Class A Preferred, 26.9806 and 26.9806 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 134,900 134,900 Class B Preferred, 100,000,000 and 100,000,000 shares issued 87,300,000 and 100,000,000 outstanding as of September 30, 2023 and December 31, 2022 respectively 100,000 100,000 Class C Preferred, 150,000 and 150,000 shares issued and 150 150 outstanding as of September 30, 2023 and December 31, 2022 respectively Common stock, $0.001 par value, 7,000,000,000 shares 6,818,915 6,707,666 authorized, 5,718,914,810 and 5,587,666,363 shares issued and outstanding as of September 30, 2023 and December 31, 2022 respectively Treasury stock (1,132,700) (1,149,500) Additional paid-in capital 19,085,335 18,596,383 Accumulated deficit (46,070,606) (28,301,880) Deficiency in stockholders' equity (21,178,907) (4,047,181) Total liabilities and stockholders' deficit $ 46,915,532 $ 12,287,009 The accompanying notes are an integral part of these financial statements.

Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines Cyberlux Corporation 800 Park Offices Drive, Suite 3209 Research Triangle, NC 27709 984-363-6894 www.cyberlux.com info@cyberlux.com NIC code: 3674 Quarterly Report For the Period Ending: September 30, 2023 (the “Reporting Period”) Outstanding Shares The number of shares outstanding of our Common Stock was: 5,718,914,810 as of September 30, 2023 5,587,666,363 as of December 31, 2022 Shell Status Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933, Rule 12b-2 of the Exchange Act of 1934 and Rule 15c2-11 of the Exchange Act of 1934): Yes: ☐ No: ☒ Indicate by check mark whether the company’s shell status has changed since the previous reporting period: Yes: ☐ No: ☒ Change in Control Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period: Yes: ☐ No: ☒ 1 “Change in Control” shall mean any events resulting in: (i) Any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the “beneficial owner” (as def ined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or m ore of the total voting power represented by the Company’s then outstanding voting securities; (ii) The consummation of the sale or disposition by the Company of all or substantially all of the Company’s assets; (iii) A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or (iv) The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (eit her by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its pare nt outstanding immediately after such merger or consolidation.

development and service customers are impacted for an extended period, especially as it relates to major customers, our financial condition and results of operations may be materially adversely affected. NOTE B-SUMMARY OF ACCOUNTING POLICIES A summary of the significant accounting policies applied in the preparation of the accompanying consolidated financial statements follows: Basis of presentation The unaudited condensed consolidated financial statements contained herein have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Certain information and note disclosures normally incl uded in annual financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to SEC rules and regulations, although the Company believes that the disclosures made are adequate to make the information not misleading. Accordingly, the condensed consolidated financial statements reflect all normal recurring adjustments, which are, in the opinion of M anagement, necessary for a fair presentation of the results of interim periods and may not include all disclosures required by accounting principles generally accepted in the United States (“GAAP”). The information as of September 30, 2023, and for the nine months ended September 30, 2023, and September 30, 2022, is unaudited, whereas the condensed consolidated balance sheet as of December 31, 2022, is derived from the Company’s audited consolidated financial statements as of that date. The results of operations for the interim periods presented are not necessarily indicative of results to be expected for any other interim period or for the year as a whole. Principles of consolidation The accompanying consolidated financial statements and related notes to the consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. Revenue Recognition The Company recognizes revenue under Financial Accounting Standards Board's Accounting Standards Codification (“ASC”) Topic 606, “Revenue from Contracts with Customers” (“ASC 606”). The Company determines revenue recognition through the following steps: ● Step 1: Identify the contract with the customer; ● Step 2: Identify the performance obligations in the contract; ● Step 3: Determine the transaction price; ● Step 4: Allocate the transaction price to the performance obligations in the contract; and ● Step 5: Recognize revenue when the company satisfies a performance obligation. The Company records sales of its military communications, UAS and Special Activities products and services to the U.S. government agencies and foreign nation ministries of defense when the products and services are billed against the associated contracts w hen performance obligations with customers are satisfied. The Company’s performance obligation is a promise to transfer a distinct good to the customer and each distinct good represents a single performance obligation. Such performance obligations are satisfied at a point in time and revenues are recognized when all rights and rewards of ownership are transferred. The majority of the Company’s products are shipped by common carrier resulting in recognition of revenues upon shipment at which time control pas ses to the customer. Revenue is measured at the amount of consideration the Company expects to receive in exchange for the transferring of products.

Customers may be entitled to cash discounts, typically denoted at the time of invoicing and shipping. Such amounts are considered to be variable consideration under ASC 606. An estimate for cash discounts is included in the transaction price as a compone nt of sales and is estimated based on the satisfaction of outstanding receivables and historical performance. The Company does not have any material financing terms as payment is received shortly after the transfer of control of the products to the custome r within a period of 30-60 days. Cash and cash equivalents The Company considers all highly liquid debt instruments purchased with a maturity date of six months or less to be cash equivalents. Foreign Currency Translation The Company translates the foreign currency financial statements in accordance with the requirements of ASC 830, "Foreign Currency Matters." Assets and liabilities are translated at current exchange rates, and related revenue and expenses are translated at average exchange rates in effect during the period. Resulting translation adjustments are recorded as a separate component in stockholders' equity. Foreign currency translation gains and losses are included in the consolidated statement of operations , within general and administrative expenses. Use of estimates In preparing the Company's financial statements in conformity with GAAP, M anagement is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Accounts Receivable Our policy is to provide an allowance when an account becomes greater than 90 days past due. An account is charged off when it is determined by Management to be uncollectible. Inventories Inventories are stated at the lower of cost or market determined by the average cost method. The Company provides inventory allowances based on estimates of obsolete inventories. Inventories consist of products available for sale to distributors and custom ers as well as raw material s. The Work in progress primarily relates to the products being built for the DoD as noted in Note A2 above. Components of inventories as of September 30, 2023 and December 31, 2022 are as follows: 2023 2022 Component parts $ 4,036,620 $ 62,093 Work in progress 11,622,798 0 Finished goods 459,302 457,248 Less: allowance for obsolete inventory (1,425,626) 0 $ 14,693,0985 $ 519,341 Property and Equipment Property and equipment are stated at cost. When retired or otherwise disposed, the related carrying value and accumulated depreciation are removed from the respective accounts and the net difference less any amount realized from disposition is reflected in earnings. For financial statement purposes, property and

The Company also accounts for uncertain tax positions in accordance with ASC Topic 740, “ Income Taxes”. This guidance prescribes a more -likely-than-not threshold for financial statement recognition and measurement of a tax position taken in the Company’s income tax returns. As of December 31, 2022 and 2021, the Company had no uncertain tax positions which affected its financial position and its results of operations or its cash flows and will continue to evaluate for uncertain tax positions in the future. There are no interest costs or penalties provided for in the Company’s consolidated financial statements for the years ended December 31, 2022 and 2021. If at any time the Company should record interest and penalties in connection with income taxes, the i nterest and the penalties will be expensed within the general and administrative expenses category in the accompanying consolidated statement of operations. Patents The patents were principally acquired as part of acquisitions more than 10 years ago and have an estimated useful life of 7 years. Accordingly, the Company recorded an amortization charge of $24,570 and $0 for the nine months ended September 30, 2023 and 2022, respectively. Annual amortization expense of approximately $67,000 is expected for the next 5 years. Description Cost Accumulated amortization and impairments Net carrying value at September 30, 2023 Development costs $ 293,750 $ 293,750 $ -0- Patents 3,698,362 3,681,224 17,138 Patents 469,783 114,112 355,671 Total $ 4,461,894 $ 4,089,085 $ 372,809 Comprehensive Income (Loss) The Company follows ASC 220 "Comprehensive Income”. ASC 220 establishes standards for the reporting and displaying of comprehensive income and its components. Comprehensive income is defined as the change in equity of a business during a period from transactions and other event s and circumstances from non-owners’ sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners. ASC 220 requires other comprehensive income (loss) to include foreign currency tr anslation adjustments and unrealized gains and losses on available for sale securities. Net income (loss) per share Basic net income ( loss) per share is computed by dividing net income ( loss) available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted net loss per share is computed by dividing net loss by the sum of the weighted average number of common shares outstanding, including common stock equivalents , during the period. For periods in which the Company reports a net loss, diluted net loss per share is the same as basic net loss per share. For the nine months ended September 30, 2022 the diluted shares outstanding was approximat ely 23.0 billion shares (which includes the effect of the potentially dilutive shares issuable upon conversion of the preferred shares and note payable) and the earnings per share was $0.00 per share.

The Company also accounts for uncertain tax positions in accordance with ASC Topic 740, “ Income Taxes”. This guidance prescribes a more -likely-than-not threshold for financial statement recognition and measurement of a tax position taken in the Company’s income tax returns. As of December 31, 2022 and 2021, the Company had no uncertain tax positions which affected its financial position and its results of operations or its cash flows and will continue to evaluate for uncertain tax positions in the future. There are no interest costs or penalties provided for in the Company’s consolidated financial statements for the years ended December 31, 2022 and 2021. If at any time the Company should record interest and penalties in connection with income taxes, the i nterest and the penalties will be expensed within the general and administrative expenses category in the accompanying consolidated statement of operations. Patents The patents were principally acquired as part of acquisitions more than 10 years ago and have an estimated useful life of 7 years. Accordingly, the Company recorded an amortization charge of $24,570 and $0 for the nine months ended September 30, 2023 and 2022, respectively. Annual amortization expense of approximately $67,000 is expected for the next 5 years. Description Cost Accumulated amortization and impairments Net carrying value at September 30, 2023 Development costs $ 293,750 $ 293,750 $ -0- Patents 3,698,362 3,681,224 17,138 Patents 469,783 114,112 355,671 Total $ 4,461,894 $ 4,089,085 $ 372,809 Comprehensive Income (Loss) The Company follows ASC 220 "Comprehensive Income”. ASC 220 establishes standards for the reporting and displaying of comprehensive income and its components. Comprehensive income is defined as the change in equity of a business during a period from transactions and other event s and circumstances from non-owners’ sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners. ASC 220 requires other comprehensive income (loss) to include foreign currency tr anslation adjustments and unrealized gains and losses on available for sale securities. Net income (loss) per share Basic net income ( loss) per share is computed by dividing net income ( loss) available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted net loss per share is computed by dividing net loss by the sum of the weighted average number of common shares outstanding, including common stock equivalents , during the period. For periods in which the Company reports a net loss, diluted net loss per share is the same as basic net loss per share. For the nine months ended September 30, 2022 the diluted shares outstanding was approximat ely 23.0 billion shares (which includes the effect of the potentially dilutive shares issuable upon conversion of the preferred shares and note payable) and the earnings per share was $0.00 per share.

Exact title and class of securities outstanding: Preferred Series B CUSIP: None Par or stated value: $0.001 Total shares authorized: 100,000,000 as of: September 30, 2023 Total shares outstanding: 87,300,000 as of: September 30, 2023 Total number of shareholders of record: 4 as of: September 30, 2023 Exact title and class of securities outstanding: Preferred Series C CUSIP: None Par or stated value: $0.001 Total shares authorized: 150,000 as of: September 30, 2023 Total shares outstanding: 150,000 as of: September 30, 2023 Total number of shareholders of record: 2 as of: September 30, 2023 Security Description: The goal of this section is to provide a clear understanding of the material rights and privileges of the securities issued by the company. Please provide the below information for each class of the company’s equity securities, as applicable:  1. For common equity, describe any dividend, voting and preemption rights. No special rights attach to the Common Stock. 2. For Preferred Stock, describe the dividend, voting, conversion, and liquidation rights as well as redemption or sinking fund provisions.  Series A Preferred Stock: Dividends on issued and outstanding shares of the Series A Preferred shall be payable quarterly in arrears if declared by the Board of Directors on a semi-annual basis. Dividends will be paid in Common Stock. The holders of the Series A Preferred shall have the right to vote on any of the following matters: (i) the creation, authorization, or issuance of any class or series of shares ranking on a parity with or senior to the Series A Preferred with respect to dividends or upon the liquidation, dissolution, or winding up of the Corporation, and (ii) any agreement or other corporate action which would adversely affect the powers, rights, or preferences of the holders of the Series A Preferred. Series A Preferred conversion rights exchanges 1 share of Series A Preferred for 250 shares of the Company’s common stock. The stated conversion price of $.10 per shares is subject to certain anti -dilution provisions in the event the Company issues shares of its common stock or common stock equivalents below the stated conversion price. Upon any liquidation, dissolution or winding up of the Corporation, whether voluntary or involuntary, and after payment of any senior liquidation preferences of any series of Preferred Stock and before any distribution or payment is made with respect to any Common Stock, holders of each share of the Series A Preferred shall be entitled to be paid an amount equal in the greater of (a) the face value denominated thereon subject to adjustment for stock splits, stock dividends, reorganizations, reclassification or other similar events (the "Adjusted Face Value") plus, in the case

rights agreement, the Company agrees to pay the holders of the Series A Preferred liquidated damage in an amount equal to 1.5% of the aggregate amount invested by the holders for each 30- day period or pro rata for any portion thereof following the date by which the registration statement should have been effective. The initial registration statement was filed and declared effective by the SEC within the allowed time; however, the Company has not maintained the effectiveness of the registration statement to date. Accordingly, the Company issued 203,867 shares of common stock as liquidated damages on December 10, 2004. The Company has not been required to pay any further liquidated damages in connection with the filing or on-going effectiveness of the registration statement. Series B - Convertible Preferred stock On February 19, 2004, the Company filed a Certificate of Designation creating a Series B Convertible Preferred Stock classification for 800,000 shares and 2,850,000 in 2007. In January 2009, April 2009, and December 2009, the Company issued 1,000,000, 3,850,000 and 16,500,000 shares, respectively of its Series B Preferred as a decision by the Board of Directors in order to retain superior voting rights. In connection with the transaction, the Company recorded a beneficial conversion discount of $800,000 - preferred dividend relating to the issuance of the convertible preferred stock in 2004. In April 2010 and October 2010, the Company issued 25,000,000 and 50,000,000 shares respectively of its Series B Preferred. In May 2021, Director Downing converted 3,000,000 shares of Series B Preferred to Common Stock to fund acquisitions and management incentive plans. Subsequently, common stock converted from 2,000,000 shares of Series B were returned to the Treasury. In December 2021, by approved motion of the Board of Directors, 3,000,000 shares of Series B were issued to Director Downing. There are 100,000,000 shares of Series B Preferred authorized, and 87,300,000 shares of Series B Preferred shares issued and outstanding as of September 30, 2023, with the balance of 6,700,000 Series B Preferred shares in the Treasury from shares returned by Director Ringo and Director Downing for future development as a Defense Technology company. The holders of the Series B Preferred shall have the right to vote, separately as a single class, at a meeting of the holders of the Series B Preferred or by such holders' written consent or at any annual or special meeting of the stockholders of the Corporation on any of the following matters: (i) the creation, authorization, or issuance of any class or series of shares ranking on a parity with or senior to the Series B Preferred with respect to dividends or upon the liquidation, dissolution, or winding up of the Corporation, and (ii) any agreement or other corporate action which would adversely affect the powers, rights, or preferences of the holders of the Series B Preferred. The holders of record of the Series B Preferred shall be entitled to receive cumulative dividends at the rate of twelve percent per annum (12%) on the face value ($1.00 per share) when, if and as declared by the Board of Directors, if ever. All dividends, when paid, shall be payable in cash, or at the option of the Company, in shares of the Company’s common stock. Dividends on shares of Series B Preferred that have not been redeemed shall be payable quarterly in arrears, when, if and as declared by the Board of Directors, if ever, on a semi -annual basis. No dividend or distribution other than a dividend or distribution paid in Common Stock or in any other junior stock shall be declared or paid or set aside for payment on the Common Stock or on any other juni or stock unless full cumulative dividends on all outstanding shares of the Series B Preferred shall have been declared and paid. These dividends are not recorded until declared by the Company. As of September 30, 2023, no dividends have been declared and $1,704,000 in dividends were accumulated. Upon any liquidation, dissolution or winding up of the C ompany, whether voluntary or involuntary, and after payment of any senior liquidation preferences of any series of Preferred Stock, and before any distribution or payment is made with respect to any Common Stock, holders of each share of the Series B

Exact title and class of securities outstanding: Preferred Series B CUSIP: None Par or stated value: $0.001 Total shares authorized: 100,000,000 as of: September 30, 2023 Total shares outstanding: 87,300,000 as of: September 30, 2023 Total number of shareholders of record: 4 as of: September 30, 2023 Exact title and class of securities outstanding: Preferred Series C CUSIP: None Par or stated value: $0.001 Total shares authorized: 150,000 as of: September 30, 2023 Total shares outstanding: 150,000 as of: September 30, 2023 Total number of shareholders of record: 2 as of: September 30, 2023 Security Description: The goal of this section is to provide a clear understanding of the material rights and privileges of the securities issued by the company. Please provide the below information for each class of the company’s equity securities, as applicable:  1. For common equity, describe any dividend, voting and preemption rights. No special rights attach to the Common Stock. 2. For Preferred Stock, describe the dividend, voting, conversion, and liquidation rights as well as redemption or sinking fund provisions.  Series A Preferred Stock: Dividends on issued and outstanding shares of the Series A Preferred shall be payable quarterly in arrears if declared by the Board of Directors on a semi-annual basis. Dividends will be paid in Common Stock. The holders of the Series A Preferred shall have the right to vote on any of the following matters: (i) the creation, authorization, or issuance of any class or series of shares ranking on a parity with or senior to the Series A Preferred with respect to dividends or upon the liquidation, dissolution, or winding up of the Corporation, and (ii) any agreement or other corporate action which would adversely affect the powers, rights, or preferences of the holders of the Series A Preferred. Series A Preferred conversion rights exchanges 1 share of Series A Preferred for 250 shares of the Company’s common stock. The stated conversion price of $.10 per shares is subject to certain anti -dilution provisions in the event the Company issues shares of its common stock or common stock equivalents below the stated conversion price. Upon any liquidation, dissolution or winding up of the Corporation, whether voluntary or involuntary, and after payment of any senior liquidation preferences of any series of Preferred Stock and before any distribution or payment is made with respect to any Common Stock, holders of each share of the Series A Preferred shall be entitled to be paid an amount equal in the greater of (a) the face value denominated thereon subject to adjustment for stock splits, stock dividends, reorganizations, reclassification or other similar events (the "Adjusted Face Value") plus, in the case

Preferred shall be entitled to be paid an amount equal in the greater of (a) the face value denominated thereon subject to adjustment for stock splits, stock dividends, reorganizations, reclassification or other similar events (the "Adjusted Face Value") plus, in the case of each share, an amount equal to all dividends accrued or declared but unpaid thereon, computed to the date payment thereof is made available, or (b) such amount per share of the Series B Preferred immediately prior to such liquidation, dissolution or winding up, or (c) the liquidation preference of $1.00 per share, and the holders of the Series B Preferred shall not be entitled to any further payment, such amount payable with respect to the Series B Preferred being sometimes referred to as the "Liquidation Payments." Series C - Convertible Preferred stock On November 13, 2006, the Company filed a Certificate of Designation creating a Series C Convertible Preferred Stock classification for 100,000 shares. This was subsequently amended on January 11, 2007, to 150,000 shares. In December 2006, the Company issued 100,000 shares of its Series C Preferred stock in conjunction with the acquisition of SPE Technologies, Inc. The shares of the Series C Preferred are non- voting and convertible, at the option of the holder, into common shares one year from issuance. The number of common shares to be issued per Series C share is calculated by dividing $25.20 by the 10 DMA (daily moving average), adjusted for the 200:1 reverse split effected in 2010. That formula computes as: ($25.20/10DMA)/200. None of the Series C Preferred shareholders have exercised their conversion right and there are 150,000 shares of Series C Preferred shares issued and outstanding on September 30, 2023. The holders of record of the Series C Preferred shall be entitled to receive cumulative dividends at the rate of five percent per annum (5%), compounded quarterly, on the face value ($25.00 per share) when, if and as declared by the Board of Directors, if ever. All dividends, when paid, shall be payable in cash, or at the option of the Company, in shares of the Company’s common stock. Dividends on shares of the Series C Preferred that have not been redeemed shall be payable quarterly in arrears, when, if and as declared by the Board of Directors, if ever, at the time of conversion. These dividends are not recorded until declared by the Company. As of September 30, 2023, no dividends have been declared and $- 0- in dividends were accumulated. Common stock The Company has authorized 7,000,000,000 shares of common stock, with a par value of $.001 per share. On July 28, 2010, the Board of Directors approved a motion to authorize a reverse split of the outstanding stock of 200:1. As of September 30, 2023 and December 31, 2022, the Company has 5,718,914,810 and had 5,587,666,363 shares outstanding, respectively. NOTE F - RELATED PARTY TRANSACTIONS From time to time, the Company's principal officers have advanced funds to the Company for working capital purposes in the form of unsecured promissory notes, accruing interest at 8% to 12% per annum. Loans from Officers Officer Principal Due Interest Rate Accrued Interest at 09/30/23 David Downing $1,133,606 10% $319,573 Mark Schmidt 679,599 10% 245,657

John Ringo 405,361 10% 304,104 All others 640,461 10% 543,494 Total $2,859,027 $1,412,828 NOTE G - COMMITMENTS AND CONTINGENCIES Consulting Agreements The Company has consulting agreements with outside contractors, certain of whom are also Company stockholders. The Agreements are generally for a term of 12 months from inception and renewable automatically from year to year unless either the Company or Consultant terminates such engagement by written notice. Litigation The Parties involved in the A tlantic Wave Holdings, LLC and Secure Community LLC v. Cyberlux Corporation and Mark D. Schmidt have reached a settlement of the litigation. The Company is subject to other legal proceedings and claims, which arise in the ordinary course of its business. Although occasional adverse decisions or settlements may occur, the Company believes that the final disposition of such matters should not have a material adverse effect on its consolidated financial position, results of operations or liquidity. NOTE H - GOING CONCERN MATTERS The accompanying statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying consolidated financial statements, as of September 30, 2023, the Company incurred accumulated losses of approximately $46,000,000. The Company’s current liabilities exceeded its current assets by approximately $13,000,000 as of September 30, 2023. The Company has undergone significant transformation in the past few months refocusing its business , disposing certain businesses, acquiring Datron Worldwide Communications, and receiving a significant sales order from the DoD . While these factors among others may indicate that the Company will be unable to continue as a going concern, Management is confident that business performance in 2023 – 2024 will ensure the Company is an ongoing growth business for the foreseeable future. The Company is actively pursuing additional business growth across four distinct business units through acquisitions, organic growth and new customers and products that will increase the associated cash flow from operations. Obtaining additional financing to support the successful development of the Company’s contemplated operations, and its transition, ultimately, to the attainment of profitable operations are necessary for the Company to continue operations. The Company may raise additional funding from i ts current set of investors. In addition, we are seeking to engage a financial advisor to pursue additional capital funding or other strategic transactions and the Company will continue to seek funds through debt or equity financings, marketing and distribution arrangements and other collaborations, strategic alliances and licensing arrangements, or other sources of financing. However, there can be no assurances that such financing or other strategic transactions will be available on acceptable terms, or at all. If the Company is unable to raise additional funds, it will need to do one or more of the following: • Delay research and development projects;

John Ringo 405,361 10% 304,104 All others 640,461 10% 543,494 Total $2,859,027 $1,412,828 NOTE G - COMMITMENTS AND CONTINGENCIES Consulting Agreements The Company has consulting agreements with outside contractors, certain of whom are also Company stockholders. The Agreements are generally for a term of 12 months from inception and renewable automatically from year to year unless either the Company or Consultant terminates such engagement by written notice. Litigation The Parties involved in the A tlantic Wave Holdings, LLC and Secure Community LLC v. Cyberlux Corporation and Mark D. Schmidt have reached a settlement of the litigation. The Company is subject to other legal proceedings and claims, which arise in the ordinary course of its business. Although occasional adverse decisions or settlements may occur, the Company believes that the final disposition of such matters should not have a material adverse effect on its consolidated financial position, results of operations or liquidity. NOTE H - GOING CONCERN MATTERS The accompanying statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying consolidated financial statements, as of September 30, 2023, the Company incurred accumulated losses of approximately $46,000,000. The Company’s current liabilities exceeded its current assets by approximately $13,000,000 as of September 30, 2023. The Company has undergone significant transformation in the past few months refocusing its business , disposing certain businesses, acquiring Datron Worldwide Communications, and receiving a significant sales order from the DoD . While these factors among others may indicate that the Company will be unable to continue as a going concern, Management is confident that business performance in 2023 – 2024 will ensure the Company is an ongoing growth business for the foreseeable future. The Company is actively pursuing additional business growth across four distinct business units through acquisitions, organic growth and new customers and products that will increase the associated cash flow from operations. Obtaining additional financing to support the successful development of the Company’s contemplated operations, and its transition, ultimately, to the attainment of profitable operations are necessary for the Company to continue operations. The Company may raise additional funding from i ts current set of investors. In addition, we are seeking to engage a financial advisor to pursue additional capital funding or other strategic transactions and the Company will continue to seek funds through debt or equity financings, marketing and distribution arrangements and other collaborations, strategic alliances and licensing arrangements, or other sources of financing. However, there can be no assurances that such financing or other strategic transactions will be available on acceptable terms, or at all. If the Company is unable to raise additional funds, it will need to do one or more of the following: • Delay research and development projects;

• License third parties to develop and commercialize products or technologies that it would otherwise seek to develop and commercialize itself; • Seek strategic alliances or business combinations; • Attempt to sell the Company; • Cease operations; or • Declare bankruptcy. The Company continues to raise additional capital through the issuance of convertible notes payable. The Company is in discussions with investment bankers to raise additional capital in the public or private markets. There is no assurance that such financing can be completed. However, no assurance can be given that Management’s actions will result in profitable operations or the resolution of its liquidity problems. NOTE I – NOTE PAYABLES, NONRELATED PARTIES At September 30, 2023 and December 31, 2022, the notes payable to non- related parties consist of the following: Balance outstanding at September 30, 2023 Balance outstanding at December 31, 2022 Interest rate Conversion terms Datron acquisition note 1 $2,000,000 $0 3% 90% VWAP Datron acquisition note 2 2,000,000 0 5% 85% VWAP Note payable RB Capital 5,250,000 5,250,000 5% $0.25 per share Others 5,563,625 1,848,993 5% $1,140,000 is convertible at $0.0045 per share Total $14,813,625 $7,098,993 NOTE J - SUBSEQUENT EVENTS Given the defense technology markets we are now serving, Management had determined that it is prudent, and in some cases required, to limit the details of “subsequent events”. For the consolidated financial statements as at and for the nine months ended September 30, 2023, we have evaluated subsequent events through the date the consolidated financial statements were available to be issued and determined that there have been no events that have occurred that would require adjustments to our disclosures in the consolidated financial statements.

No: ☐ Yes: ☒ (If yes, you must complete the table below) Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ☐ Shares Outstanding as of Second Most Recent Fiscal Year End: Opening Balance Date 12/31/2020 Common: 4,481,275,578 Preferred: A: 26.9806 B: 100,000,000 C: 150,000 *Right-click the rows below and select “Insert” to add rows as needed. Date of Transaction Transaction type (e.g. new issuance, cancellation, shares returned to treasury) Number of Shares Issued (or cancelled) Class of Securities Value of shares issued ($/per share) at Issuance Were the shares issued at a discount to market price at the time of issuance? (Yes/No) Individual/ Entity Shares were issued to (entities must have individual with voting / investment control disclosed). Reason for share issuance (e.g., for cash or debt conversion) OR Nature of Services Provided Restricted or Unrestricted as of this filing. Exemp tion or Registr ation Type. 07/10/2023 New 5,000,000 Common 0.001 Yes Catalyst Machineworks / Phillip Tucker Acquisition Agreement Restricted 4(a)(2) 07/10/2023 New 5,000,000 Common 0.001 Yes Catalyst Machineworks / Neill Whiteley Acquisition Agreement Restricted 4(a)(2) 07/07/2023 New 10,000,000 Common 0.001 Yes Matt Jones Advisory Board Agreement Terms Restricted 4(a)(2) 06/21/2023 New 9,000,000 Series B 0.001 Yes Mark D. Schmidt, President and CEO Management Incentive and Voting Control / Hostile Takeover Protection Restricted 4(a)(2) 06/21/2023 New 5,000,000 Series B 0.001 Yes Larson J. Isely, EVP, CTO, and GM-UAS Management Incentive and Voting Control / Hostile Takeover Protection Restricted 4(a)(2)

No: ☐ Yes: ☒ (If yes, you must complete the table below) Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ☐ Shares Outstanding as of Second Most Recent Fiscal Year End: Opening Balance Date 12/31/2020 Common: 4,481,275,578 Preferred: A: 26.9806 B: 100,000,000 C: 150,000 *Right-click the rows below and select “Insert” to add rows as needed. Date of Transaction Transaction type (e.g. new issuance, cancellation, shares returned to treasury) Number of Shares Issued (or cancelled) Class of Securities Value of shares issued ($/per share) at Issuance Were the shares issued at a discount to market price at the time of issuance? (Yes/No) Individual/ Entity Shares were issued to (entities must have individual with voting / investment control disclosed). Reason for share issuance (e.g., for cash or debt conversion) OR Nature of Services Provided Restricted or Unrestricted as of this filing. Exemp tion or Registr ation Type. 07/10/2023 New 5,000,000 Common 0.001 Yes Catalyst Machineworks / Phillip Tucker Acquisition Agreement Restricted 4(a)(2) 07/10/2023 New 5,000,000 Common 0.001 Yes Catalyst Machineworks / Neill Whiteley Acquisition Agreement Restricted 4(a)(2) 07/07/2023 New 10,000,000 Common 0.001 Yes Matt Jones Advisory Board Agreement Terms Restricted 4(a)(2) 06/21/2023 New 9,000,000 Series B 0.001 Yes Mark D. Schmidt, President and CEO Management Incentive and Voting Control / Hostile Takeover Protection Restricted 4(a)(2) 06/21/2023 New 5,000,000 Series B 0.001 Yes Larson J. Isely, EVP, CTO, and GM-UAS Management Incentive and Voting Control / Hostile Takeover Protection Restricted 4(a)(2)

David Downing 12/27/2022 New 10,000,000 Common 0.001 Yes Cameron Holt Advisory Board Agreement Terms Restricted 4(a)(2) 12/27/2022 New 20,000,000 Common 0.001 Yes Michael N. Porter Employment Agreement Terms Restricted 4(a)(2) 12/27/2022 New 10,000,000 Common 0.001 Yes Martin Moore Advisory Board Agreement Terms Restricted 4(a)(2) 12/27/2022 New 10,000,000 Common 0.001 Yes Robert Bret Velicovich Advisory Board Agreement Terms Restricted 4(a)(2) 12/22/2022 New 20,000,000 Common 0.0025 Yes Aaron Goodman Stock Purchase Agreement Restricted 4(a)(2) 12/06/2022 New 62,500,000 Common 0.0016 Yes Roman Investments PR, LLC / Roman Vinfield Debt Purchase Agreement Unrestricted 4(a)(2) 11/22/2022 New 41,700,000 Common 0.012 Yes Roman Investments PR, LLC / Roman Vinfield Conversion of $500,000 Promissory Note Restricted 4(a)(2) 11/08/2022 New 15,000,000 Common 0.0025 Yes Roman Investments PR, LLC / Roman Vinfield Stock Purchase Agreement Restricted 4(a)(2) 11/08/2022 New 15,000,000 Common 0.0025 Yes Rosewood Theater, LLC / Michael Sinensky Stock Purchase Agreement Restricted 4(a)(2) 08/15/2022 New 200,000,000 Common 0.00125 No RB Capital Partners, Inc. / Brett Rosen/ Deborah Braun Debt Purchase Agreement Unrestricted 4(a)(2) 07/15/2022 New 10,000,000 Common 0.05 No Catalyst Machineworks / Phillip Tucker Acquisition Agreement Restricted 4(a)(2) 07/15/2022 New 10,000,000 Common 0.05 No Catalyst Machineworks / Neill Whiteley Acquisition Agreement Restricted 4(a)(2)

For its Quarterly Report, would include any events that resulted in changes to any class of its outstanding shares from the period beginning on January 1, 2021 through September 30, 2023 pursuant to the tabular format above. Use the space below to provide any additional details, including footnotes to the table above: None. B) Promissory and Convertible Notes Indicate by check mark whether there are any outstanding promissory, convertible notes, convertible debentures, or any other debt instruments that may be converted into a class of the issuer’s equity securities: No: ☐ Yes: ☒ (If yes, you must complete the table below) Date of Note Issuance Outstanding Balance ($) (including interest) at 12/31/2022 Principal Amount at Issuance ($) Interest Accrued ($) Maturity Date Conversion Terms (e.g., pricing mechanism for determining conversion of instrument to shares) Name of Noteholder (entities must have individual with voting / investment control disclosed). Reason for Issuance (e.g., Loan, Services , etc.) 10/22/2021 1,588,767 1,500,000 88,767 10/22/2023 $0.25 Conversion per share RB Capital Partners Brett Rosen Deborah Braun Loan 11/08/2021 1,586,096 1,500,000 86,096 11/08/2023 $0.25 Conversion per share RB Capital Partners Brett Rosen Deborah Braun Loan 11/22/2021 1,583,219 1,500,00 83,219 11/22/2023 $0.25 Conversion per share RB Capital Partners Brett Rosen Deborah Braun Loan 05/03/2022 515,274 500,000 15,274 05/23/2024 $0.25 Conversion per share RB Capital Partners Brett Rosen Deborah Braun Loan 07/12/2022 255,925 250,000 5,925 07/12/2024 $0.25 Conversion per share RB Capital Partners Brett Rosen Deborah Braun Loan Total; 5,250,000 Use the space below to provide any additional details, including footnotes to the table above: Cyberlux is currently engaged with RB Capital to renegotiate the outstanding indebtedness.

4) Issuer’s Business, Products and Services The purpose of this section is to provide a clear description of the issuer’s current operations. (Please ensure that these descriptions are updated on the Company’s Profile on www.otcmarkets.com). A. Summarize the issuer’s business operations (If the issuer does not have current operations, state “no operations”) Cyberlux Corporation (the "Company") was incorporated on May 17, 2000, under the laws of the State of Nevada. The Company had been focused on the development, manufacturing and marketing of long-term portable lighting products for commercial and industrial users. During the nine months ended September 30, 2023, the Company has refocused its operations to the provision of unmanned aircraft systems and advanced communications systems, including through the following transactions: 1. Cyberlux and Kreatx Shpk, FBD Shpk and Havas SAS entered into Agreements of Business Separation, effective as of June 30, 2023, terminating the business relationship of between the parties, in exchange for certain payment and equity terms. The operations of these businesses for the periods ended June 30, 2023, are presented as discontinued operations in the consolidated statement of operations. The Company recognized a loss on the disposition of these subsidiaries, as presented in the consolidated statement of operations. 2. On August 29, 2023, Cyberlux Corporation was awarded a contract of $78.9 million to deliver Cyberlux K8 Unmanned Aircraft Systems as reflected by the United States Department of Defense (“DoD”) in the February 24, 2023, USAI announcement. As of September 30, 2023, the Company has received advance payments for the purchase of such systems from the DoD in the amount of $38,700,600. The completion of shipment of the systems is expected to occur by March 2024. 3. On September 8, 2023, the Company acquired 100% of the outstanding stock of Datron World Communications, Inc. (“Datron”), a provider of communications solutions to government, militaries, and industrial users globally. The purchase price consisted of the payment of $3.0 million at closing, issuance of a $2.0 million note payable (1st note), the issuance of a $2.0 million note payable (2nd note) and the cancellation of a $3.5 million advance made to Datron World Communications, Inc. by Datron Holdings, Inc. The 1st note bears interest at 3% per annum and is due September 2026. The holder can elect to the convert the note into shares of common stock at 90% of the VWAP after September 2024. The 2nd note bears interest at 5% per annum and is due September 2026. The holder can elect to the convert the note into shares of common stock at 85% of the VWAP after September 2024. The acquisition was accounted for as an acquisition of a business, and the purchase price of approximately $10.5 million was allocated to net current assets of $1.3 million and the remaining $9.2 million was allocated to technology based intangible assets, which are to be

4) Issuer’s Business, Products and Services The purpose of this section is to provide a clear description of the issuer’s current operations. (Please ensure that these descriptions are updated on the Company’s Profile on www.otcmarkets.com). A. Summarize the issuer’s business operations (If the issuer does not have current operations, state “no operations”) Cyberlux Corporation (the "Company") was incorporated on May 17, 2000, under the laws of the State of Nevada. The Company had been focused on the development, manufacturing and marketing of long-term portable lighting products for commercial and industrial users. During the nine months ended September 30, 2023, the Company has refocused its operations to the provision of unmanned aircraft systems and advanced communications systems, including through the following transactions: 1. Cyberlux and Kreatx Shpk, FBD Shpk and Havas SAS entered into Agreements of Business Separation, effective as of June 30, 2023, terminating the business relationship of between the parties, in exchange for certain payment and equity terms. The operations of these businesses for the periods ended June 30, 2023, are presented as discontinued operations in the consolidated statement of operations. The Company recognized a loss on the disposition of these subsidiaries, as presented in the consolidated statement of operations. 2. On August 29, 2023, Cyberlux Corporation was awarded a contract of $78.9 million to deliver Cyberlux K8 Unmanned Aircraft Systems as reflected by the United States Department of Defense (“DoD”) in the February 24, 2023, USAI announcement. As of September 30, 2023, the Company has received advance payments for the purchase of such systems from the DoD in the amount of $38,700,600. The completion of shipment of the systems is expected to occur by March 2024. 3. On September 8, 2023, the Company acquired 100% of the outstanding stock of Datron World Communications, Inc. (“Datron”), a provider of communications solutions to government, militaries, and industrial users globally. The purchase price consisted of the payment of $3.0 million at closing, issuance of a $2.0 million note payable (1st note), the issuance of a $2.0 million note payable (2nd note) and the cancellation of a $3.5 million advance made to Datron World Communications, Inc. by Datron Holdings, Inc. The 1st note bears interest at 3% per annum and is due September 2026. The holder can elect to the convert the note into shares of common stock at 90% of the VWAP after September 2024. The 2nd note bears interest at 5% per annum and is due September 2026. The holder can elect to the convert the note into shares of common stock at 85% of the VWAP after September 2024. The acquisition was accounted for as an acquisition of a business, and the purchase price of approximately $10.5 million was allocated to net current assets of $1.3 million and the remaining $9.2 million was allocated to technology based intangible assets, which are to be

Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines Cyberlux Corporation 800 Park Offices Drive, Suite 3209 Research Triangle, NC 27709 984-363-6894 www.cyberlux.com info@cyberlux.com NIC code: 3674 Quarterly Report For the Period Ending: September 30, 2023 (the “Reporting Period”) Outstanding Shares The number of shares outstanding of our Common Stock was: 5,718,914,810 as of September 30, 2023 5,587,666,363 as of December 31, 2022 Shell Status Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933, Rule 12b-2 of the Exchange Act of 1934 and Rule 15c2-11 of the Exchange Act of 1934): Yes: ☐ No: ☒ Indicate by check mark whether the company’s shell status has changed since the previous reporting period: Yes: ☐ No: ☒ Change in Control Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period: Yes: ☐ No: ☒ 1 “Change in Control” shall mean any events resulting in: (i) Any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the “beneficial owner” (as def ined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or m ore of the total voting power represented by the Company’s then outstanding voting securities; (ii) The consummation of the sale or disposition by the Company of all or substantially all of the Company’s assets; (iii) A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or (iv) The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (eit her by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its pare nt outstanding immediately after such merger or consolidation.

David Downing 12/27/2022 New 10,000,000 Common 0.001 Yes Cameron Holt Advisory Board Agreement Terms Restricted 4(a)(2) 12/27/2022 New 20,000,000 Common 0.001 Yes Michael N. Porter Employment Agreement Terms Restricted 4(a)(2) 12/27/2022 New 10,000,000 Common 0.001 Yes Martin Moore Advisory Board Agreement Terms Restricted 4(a)(2) 12/27/2022 New 10,000,000 Common 0.001 Yes Robert Bret Velicovich Advisory Board Agreement Terms Restricted 4(a)(2) 12/22/2022 New 20,000,000 Common 0.0025 Yes Aaron Goodman Stock Purchase Agreement Restricted 4(a)(2) 12/06/2022 New 62,500,000 Common 0.0016 Yes Roman Investments PR, LLC / Roman Vinfield Debt Purchase Agreement Unrestricted 4(a)(2) 11/22/2022 New 41,700,000 Common 0.012 Yes Roman Investments PR, LLC / Roman Vinfield Conversion of $500,000 Promissory Note Restricted 4(a)(2) 11/08/2022 New 15,000,000 Common 0.0025 Yes Roman Investments PR, LLC / Roman Vinfield Stock Purchase Agreement Restricted 4(a)(2) 11/08/2022 New 15,000,000 Common 0.0025 Yes Rosewood Theater, LLC / Michael Sinensky Stock Purchase Agreement Restricted 4(a)(2) 08/15/2022 New 200,000,000 Common 0.00125 No RB Capital Partners, Inc. / Brett Rosen/ Deborah Braun Debt Purchase Agreement Unrestricted 4(a)(2) 07/15/2022 New 10,000,000 Common 0.05 No Catalyst Machineworks / Phillip Tucker Acquisition Agreement Restricted 4(a)(2) 07/15/2022 New 10,000,000 Common 0.05 No Catalyst Machineworks / Neill Whiteley Acquisition Agreement Restricted 4(a)(2)

Using the table below, please provide information, as of the period end date of this report, regarding any officers, or directors of the company, individuals or entities controlling more that 5% of any class of the issuer’s securities, or any person that performs a similar function, regardless of the number of shares they own. If any Insiders listed are corporate shareholders or entities, provide the name and address of the person(s) beneficially owning or controlling such corporate shareholders, or the name and contact information (City, State) of an individual representing the corporation or entity in the note section. Include Company Insiders who own any outstanding units or shares of any class of any equity security of the issuer. The goal of this section is to provide an investor with a clear understanding of the identity of all the persons or entities that are involved in managing, controlling, or advising the operations, business development and disclosure of the issuer, as well as the identity of any significant or beneficial shareholders. Name of Officer/Director or Control Person Affiliation with Company (e.g., Officer Title /Director/Owner of more than 5%) Residential Address (City / State Only) Number of shares owned Share type/class Ownership Percentage of Class Outstanding Note Mark D. Schmidt Officer President Chief Executive Officer Director Chairman Durham, NC 230,642 47,000,000 Common Series B Less than 1% 53.8% Restricted Common Poison-Pill Voting Control Protection David D. Downing Officer CFO Director Marietta, OH 42,500 5,300,000 Common Series B Less than 1% 6.1% Restricted Common Poison-Pill Voting Control Protection John W. Ringo Corporate Counsel Secretary Director Atlanta, GA 123,783 Common Less than 1% Restricted Common Larson J. Isely Chief Technology Officer and General Manager of Unmanned Aircraft Systems Durham, NC 5,000,000 Series B 5.7% Poison-Pill Voting Control Protection Aaron Goodman Director Waccabuc, NY 70,000,000 Common 1.253% Restricted Common

Using the table below, please provide information, as of the period end date of this report, regarding any officers, or directors of the company, individuals or entities controlling more that 5% of any class of the issuer’s securities, or any person that performs a similar function, regardless of the number of shares they own. If any Insiders listed are corporate shareholders or entities, provide the name and address of the person(s) beneficially owning or controlling such corporate shareholders, or the name and contact information (City, State) of an individual representing the corporation or entity in the note section. Include Company Insiders who own any outstanding units or shares of any class of any equity security of the issuer. The goal of this section is to provide an investor with a clear understanding of the identity of all the persons or entities that are involved in managing, controlling, or advising the operations, business development and disclosure of the issuer, as well as the identity of any significant or beneficial shareholders. Name of Officer/Director or Control Person Affiliation with Company (e.g., Officer Title /Director/Owner of more than 5%) Residential Address (City / State Only) Number of shares owned Share type/class Ownership Percentage of Class Outstanding Note Mark D. Schmidt Officer President Chief Executive Officer Director Chairman Durham, NC 230,642 47,000,000 Common Series B Less than 1% 53.8% Restricted Common Poison-Pill Voting Control Protection David D. Downing Officer CFO Director Marietta, OH 42,500 5,300,000 Common Series B Less than 1% 6.1% Restricted Common Poison-Pill Voting Control Protection John W. Ringo Corporate Counsel Secretary Director Atlanta, GA 123,783 Common Less than 1% Restricted Common Larson J. Isely Chief Technology Officer and General Manager of Unmanned Aircraft Systems Durham, NC 5,000,000 Series B 5.7% Poison-Pill Voting Control Protection Aaron Goodman Director Waccabuc, NY 70,000,000 Common 1.253% Restricted Common

Using the table below, please provide information, as of the period end date of this report, regarding any officers, or directors of the company, individuals or entities controlling more that 5% of any class of the issuer’s securities, or any person that performs a similar function, regardless of the number of shares they own. If any Insiders listed are corporate shareholders or entities, provide the name and address of the person(s) beneficially owning or controlling such corporate shareholders, or the name and contact information (City, State) of an individual representing the corporation or entity in the note section. Include Company Insiders who own any outstanding units or shares of any class of any equity security of the issuer. The goal of this section is to provide an investor with a clear understanding of the identity of all the persons or entities that are involved in managing, controlling, or advising the operations, business development and disclosure of the issuer, as well as the identity of any significant or beneficial shareholders. Name of Officer/Director or Control Person Affiliation with Company (e.g., Officer Title /Director/Owner of more than 5%) Residential Address (City / State Only) Number of shares owned Share type/class Ownership Percentage of Class Outstanding Note Mark D. Schmidt Officer President Chief Executive Officer Director Chairman Durham, NC 230,642 47,000,000 Common Series B Less than 1% 53.8% Restricted Common Poison-Pill Voting Control Protection David D. Downing Officer CFO Director Marietta, OH 42,500 5,300,000 Common Series B Less than 1% 6.1% Restricted Common Poison-Pill Voting Control Protection John W. Ringo Corporate Counsel Secretary Director Atlanta, GA 123,783 Common Less than 1% Restricted Common Larson J. Isely Chief Technology Officer and General Manager of Unmanned Aircraft Systems Durham, NC 5,000,000 Series B 5.7% Poison-Pill Voting Control Protection Aaron Goodman Director Waccabuc, NY 70,000,000 Common 1.253% Restricted Common

Using the table below, please provide information, as of the period end date of this report, regarding any officers, or directors of the company, individuals or entities controlling more that 5% of any class of the issuer’s securities, or any person that performs a similar function, regardless of the number of shares they own. If any Insiders listed are corporate shareholders or entities, provide the name and address of the person(s) beneficially owning or controlling such corporate shareholders, or the name and contact information (City, State) of an individual representing the corporation or entity in the note section. Include Company Insiders who own any outstanding units or shares of any class of any equity security of the issuer. The goal of this section is to provide an investor with a clear understanding of the identity of all the persons or entities that are involved in managing, controlling, or advising the operations, business development and disclosure of the issuer, as well as the identity of any significant or beneficial shareholders. Name of Officer/Director or Control Person Affiliation with Company (e.g., Officer Title /Director/Owner of more than 5%) Residential Address (City / State Only) Number of shares owned Share type/class Ownership Percentage of Class Outstanding Note Mark D. Schmidt Officer President Chief Executive Officer Director Chairman Durham, NC 230,642 47,000,000 Common Series B Less than 1% 53.8% Restricted Common Poison-Pill Voting Control Protection David D. Downing Officer CFO Director Marietta, OH 42,500 5,300,000 Common Series B Less than 1% 6.1% Restricted Common Poison-Pill Voting Control Protection John W. Ringo Corporate Counsel Secretary Director Atlanta, GA 123,783 Common Less than 1% Restricted Common Larson J. Isely Chief Technology Officer and General Manager of Unmanned Aircraft Systems Durham, NC 5,000,000 Series B 5.7% Poison-Pill Voting Control Protection Aaron Goodman Director Waccabuc, NY 70,000,000 Common 1.253% Restricted Common

Using the table below, please provide information, as of the period end date of this report, regarding any officers, or directors of the company, individuals or entities controlling more that 5% of any class of the issuer’s securities, or any person that performs a similar function, regardless of the number of shares they own. If any Insiders listed are corporate shareholders or entities, provide the name and address of the person(s) beneficially owning or controlling such corporate shareholders, or the name and contact information (City, State) of an individual representing the corporation or entity in the note section. Include Company Insiders who own any outstanding units or shares of any class of any equity security of the issuer. The goal of this section is to provide an investor with a clear understanding of the identity of all the persons or entities that are involved in managing, controlling, or advising the operations, business development and disclosure of the issuer, as well as the identity of any significant or beneficial shareholders. Name of Officer/Director or Control Person Affiliation with Company (e.g., Officer Title /Director/Owner of more than 5%) Residential Address (City / State Only) Number of shares owned Share type/class Ownership Percentage of Class Outstanding Note Mark D. Schmidt Officer President Chief Executive Officer Director Chairman Durham, NC 230,642 47,000,000 Common Series B Less than 1% 53.8% Restricted Common Poison-Pill Voting Control Protection David D. Downing Officer CFO Director Marietta, OH 42,500 5,300,000 Common Series B Less than 1% 6.1% Restricted Common Poison-Pill Voting Control Protection John W. Ringo Corporate Counsel Secretary Director Atlanta, GA 123,783 Common Less than 1% Restricted Common Larson J. Isely Chief Technology Officer and General Manager of Unmanned Aircraft Systems Durham, NC 5,000,000 Series B 5.7% Poison-Pill Voting Control Protection Aaron Goodman Director Waccabuc, NY 70,000,000 Common 1.253% Restricted Common

4) Issuer’s Business, Products and Services The purpose of this section is to provide a clear description of the issuer’s current operations. (Please ensure that these descriptions are updated on the Company’s Profile on www.otcmarkets.com). A. Summarize the issuer’s business operations (If the issuer does not have current operations, state “no operations”) Cyberlux Corporation (the "Company") was incorporated on May 17, 2000, under the laws of the State of Nevada. The Company had been focused on the development, manufacturing and marketing of long-term portable lighting products for commercial and industrial users. During the nine months ended September 30, 2023, the Company has refocused its operations to the provision of unmanned aircraft systems and advanced communications systems, including through the following transactions: 1. Cyberlux and Kreatx Shpk, FBD Shpk and Havas SAS entered into Agreements of Business Separation, effective as of June 30, 2023, terminating the business relationship of between the parties, in exchange for certain payment and equity terms. The operations of these businesses for the periods ended June 30, 2023, are presented as discontinued operations in the consolidated statement of operations. The Company recognized a loss on the disposition of these subsidiaries, as presented in the consolidated statement of operations. 2. On August 29, 2023, Cyberlux Corporation was awarded a contract of $78.9 million to deliver Cyberlux K8 Unmanned Aircraft Systems as reflected by the United States Department of Defense (“DoD”) in the February 24, 2023, USAI announcement. As of September 30, 2023, the Company has received advance payments for the purchase of such systems from the DoD in the amount of $38,700,600. The completion of shipment of the systems is expected to occur by March 2024. 3. On September 8, 2023, the Company acquired 100% of the outstanding stock of Datron World Communications, Inc. (“Datron”), a provider of communications solutions to government, militaries, and industrial users globally. The purchase price consisted of the payment of $3.0 million at closing, issuance of a $2.0 million note payable (1st note), the issuance of a $2.0 million note payable (2nd note) and the cancellation of a $3.5 million advance made to Datron World Communications, Inc. by Datron Holdings, Inc. The 1st note bears interest at 3% per annum and is due September 2026. The holder can elect to the convert the note into shares of common stock at 90% of the VWAP after September 2024. The 2nd note bears interest at 5% per annum and is due September 2026. The holder can elect to the convert the note into shares of common stock at 85% of the VWAP after September 2024. The acquisition was accounted for as an acquisition of a business, and the purchase price of approximately $10.5 million was allocated to net current assets of $1.3 million and the remaining $9.2 million was allocated to technology based intangible assets, which are to be

For its Quarterly Report, would include any events that resulted in changes to any class of its outstanding shares from the period beginning on January 1, 2021 through September 30, 2023 pursuant to the tabular format above. Use the space below to provide any additional details, including footnotes to the table above: None. B) Promissory and Convertible Notes Indicate by check mark whether there are any outstanding promissory, convertible notes, convertible debentures, or any other debt instruments that may be converted into a class of the issuer’s equity securities: No: ☐ Yes: ☒ (If yes, you must complete the table below) Date of Note Issuance Outstanding Balance ($) (including interest) at 12/31/2022 Principal Amount at Issuance ($) Interest Accrued ($) Maturity Date Conversion Terms (e.g., pricing mechanism for determining conversion of instrument to shares) Name of Noteholder (entities must have individual with voting / investment control disclosed). Reason for Issuance (e.g., Loan, Services , etc.) 10/22/2021 1,588,767 1,500,000 88,767 10/22/2023 $0.25 Conversion per share RB Capital Partners Brett Rosen Deborah Braun Loan 11/08/2021 1,586,096 1,500,000 86,096 11/08/2023 $0.25 Conversion per share RB Capital Partners Brett Rosen Deborah Braun Loan 11/22/2021 1,583,219 1,500,00 83,219 11/22/2023 $0.25 Conversion per share RB Capital Partners Brett Rosen Deborah Braun Loan 05/03/2022 515,274 500,000 15,274 05/23/2024 $0.25 Conversion per share RB Capital Partners Brett Rosen Deborah Braun Loan 07/12/2022 255,925 250,000 5,925 07/12/2024 $0.25 Conversion per share RB Capital Partners Brett Rosen Deborah Braun Loan Total; 5,250,000 Use the space below to provide any additional details, including footnotes to the table above: Cyberlux is currently engaged with RB Capital to renegotiate the outstanding indebtedness.

For its Quarterly Report, would include any events that resulted in changes to any class of its outstanding shares from the period beginning on January 1, 2021 through September 30, 2023 pursuant to the tabular format above. Use the space below to provide any additional details, including footnotes to the table above: None. B) Promissory and Convertible Notes Indicate by check mark whether there are any outstanding promissory, convertible notes, convertible debentures, or any other debt instruments that may be converted into a class of the issuer’s equity securities: No: ☐ Yes: ☒ (If yes, you must complete the table below) Date of Note Issuance Outstanding Balance ($) (including interest) at 12/31/2022 Principal Amount at Issuance ($) Interest Accrued ($) Maturity Date Conversion Terms (e.g., pricing mechanism for determining conversion of instrument to shares) Name of Noteholder (entities must have individual with voting / investment control disclosed). Reason for Issuance (e.g., Loan, Services , etc.) 10/22/2021 1,588,767 1,500,000 88,767 10/22/2023 $0.25 Conversion per share RB Capital Partners Brett Rosen Deborah Braun Loan 11/08/2021 1,586,096 1,500,000 86,096 11/08/2023 $0.25 Conversion per share RB Capital Partners Brett Rosen Deborah Braun Loan 11/22/2021 1,583,219 1,500,00 83,219 11/22/2023 $0.25 Conversion per share RB Capital Partners Brett Rosen Deborah Braun Loan 05/03/2022 515,274 500,000 15,274 05/23/2024 $0.25 Conversion per share RB Capital Partners Brett Rosen Deborah Braun Loan 07/12/2022 255,925 250,000 5,925 07/12/2024 $0.25 Conversion per share RB Capital Partners Brett Rosen Deborah Braun Loan Total; 5,250,000 Use the space below to provide any additional details, including footnotes to the table above: Cyberlux is currently engaged with RB Capital to renegotiate the outstanding indebtedness.

Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines Cyberlux Corporation 800 Park Offices Drive, Suite 3209 Research Triangle, NC 27709 984-363-6894 www.cyberlux.com info@cyberlux.com NIC code: 3674 Quarterly Report For the Period Ending: September 30, 2023 (the “Reporting Period”) Outstanding Shares The number of shares outstanding of our Common Stock was: 5,718,914,810 as of September 30, 2023 5,587,666,363 as of December 31, 2022 Shell Status Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933, Rule 12b-2 of the Exchange Act of 1934 and Rule 15c2-11 of the Exchange Act of 1934): Yes: ☐ No: ☒ Indicate by check mark whether the company’s shell status has changed since the previous reporting period: Yes: ☐ No: ☒ Change in Control Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period: Yes: ☐ No: ☒ 1 “Change in Control” shall mean any events resulting in: (i) Any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the “beneficial owner” (as def ined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or m ore of the total voting power represented by the Company’s then outstanding voting securities; (ii) The consummation of the sale or disposition by the Company of all or substantially all of the Company’s assets; (iii) A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or (iv) The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (eit her by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its pare nt outstanding immediately after such merger or consolidation.

Consolidated Balance Sheet September 30, 2023 and December 31, 2022 (Unaudited) September 30, 2023 December 31, 2022 Assets Current assets: Cash & cash equivalents $ 16,893,524 $ 953,105 Accounts receivable, net of allowance for doubtful accounts 1,140,100 4,937,107 Inventory 14,693,095 519,341 Other current assets 314,050 1,849,230 Total current assets 33,040,769 8,258,783 Property, plant and equipment, net of accumulated depreciation 587,890 863,668 Other Assets: Patents, net of accumulated amortization 372,809 8,265 Intangible assets, net of accumulated amortization 12,714,063 - Investment in unconsolidated subsidiaries 200,001 3,156,293 Total Assets $ 46,915,532 $ 12,287,009 Liabilities and Stockholders' Deficit Current liabilities: Accounts payable $ 1,444,329 $2,024,460 Accrued interest 2,327,146 1,974,478 Customer deposits 38,700,600 - Accrued liabilities 3,861,986 1,637,750 Total current liabilities 46,334,061 5,636,688 Long-term liabilities: Notes payable, related parties 2,859,027 3,384,267 Notes payable, non-related parties 14,813,625 7,098,993 Deferred revenues 3,952,825 79,342 Total long-term liabilities 21,625,477 10,562,602

ct of $78.9 million to deliver Cyberlux K8 Unmanned Aircraft Systems as reflected by the United States Department of Defense (“DoD”) in the February 24, 2023, USAI announcement. As of September 30, 2023, the Company has received advance payments for the purchase of such systems from the DoD in the amount of $38,700,600. The completion of shipment of the systems is expected to occur by March 2024. 3. On September 8, 2023, the Company acquired 100% of the outstanding stock of Datron World Communications, Inc. (“Datron”), a provider of communications solutions to government, militaries, and industrial users globally. The purchase price consisted of the payment of $3.0 million at closing, issuance of a $2.0 million note payable (

inventory allowances based on estimates of obsolete inventories. Inventories consist of products available for sale to distributors and custom ers as well as raw material s. The Work in progress primarily relates to the products being built for the DoD as noted in Note A2 above. Components of inventories as of September 30, 2023 and December 31, 2022 are as follows: 2023 2022 Component parts $ 4,036,620 $ 62,093 Work in progress 11,622,798 0 Finished goods 459,302 457,248 Less: allowance for obsolete inventory (1,425,626) 0 $ 14,693,0985 $ 519,341 Property and Equipment Property and equipment are stated at cost. When retired or otherwise disposed, the related carrying value and accumulated depreciation are removed from the respective accounts and the net difference less any amount realized from disposition is reflected in earnings. For financial statement purposes,