AURORA SPINE CORPORATION ANNOUNCES AMENDMENT TO LOAN FROM INSIDER

Core Viewpoint - Aurora Spine Corporation has amended an existing loan agreement, reducing the interest rate and extending the maturity date, which reflects the company's ongoing financial management strategy [1][2]. Loan Details - The principal amount of the loan is US$1,600,000, with accrued and unpaid interest totaling US$1,249,500 [1]. - The interest rate has been reduced from 9% to 4.5% per annum effective January 1, 2026 [2]. - The maturity date has been extended from June 29, 2027, to July 11, 2029 [2]. - In the event of a default, the interest rate will increase to 12% per annum [2]. - The company can prepay the loan without penalty [2]. Related Party Transaction - The loan is classified as a "related party transaction" under Multilateral Instrument 61-101 but is exempt from formal valuation and minority approval requirements [3]. - The company was unable to file a material change report more than twenty-one days prior to the loan completion [3]. Conditions and Approvals - The loan is subject to certain conditions, including the receipt of necessary approvals [4].