Company	:	Evolution Nutrition, Inc.
Corporate Address	:	512 Via de la Valle Suite 301, Solana Beach, CA 92075
Offering Minimum	:	$15,000.00
Offering Maximum	:	$1,235,000.00
Minimum Investment Amount (per investor)	:	$249.00

Terms

Offering Type	:	Convertible Promissory Notes
Type of Equity Converted Into	:	Series A Preferred Stock
Conversion Trigger	:	$1,235,000.00
Maturity Date	:	November 15, 2025
Valuation Cap	:	$19,000,000.00
Discount Rate	:	20.0%
Annual Interest Rate	:	5.0%

What is a Convertible Note?

A convertible note offers you the right to receive Series A Preferred Stock in Evolution Nutrition, Inc.. The amount of Series A Preferred Stock you will receive in the future will be determined at the next equity round in which the Company raises at least $1,235,000.00 in a qualified equity financing. The highest conversion price per security is set based on a $19,000,000.00 Valuation Cap or if less, then you will receive a 20.0% discount on the price the new investors are paying. You also receive 5.0% interest per year added to your investment. When the maturity date is reached, if the note has not converted then you are entitled to receive Series A Preferred Stock equal to your investment and interest back at a price per security determined by dividing the Valuation Cap by the aggregate number of outstanding equity securities of the Company as of immediately prior (on a fully diluted basis).

*Annual Interest Rate subject to adjustment of 10% bonus for StartEngine shareholders. See 10% Bonus below.

Investment Bonuses*

Time-Based Perks

Invest $500+ in the first 48 hours and receive 10% interest + 1 Year Free Access to DailyNourish Premium Subscription ($83.99 Value)

Invest $500+ in the first week and receive 5% interest + 1 Year Free Access to DailyNourish Premium Subscription ($83.99 Value)

Invest $500+ in the first two weeks and receive 3% interest + 1 Year Free Access to DailyNourish Premium Subscription ($83.99 Value)

Volume-Based Perks

Early Silver — Invest $1,000+ and receive 3% interest + 1 Year Free Access to DailyNourish Premium Subscription ($83.99 Value)

Early Gold — Invest $2,000+ and receive 5% interest + 1 Year Free Access to DailyNourish Premium Subscription ($83.99 Value)

Early Platinum — Invest $5,000+ and receive 10% interest + 1 Year Free Access to DailyNourish Premium Subscription ($83.99 Value)

Early Platinum Plus — Invest $10,000+ within the first two weeks and receive 15% interest + 1 Year Free Access to DailyNourish Premium Subscription ($83.99 Value)

Loyalty Bonus

Previous backers, investors, friends, and family will receive 10% bonus interest.

*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus interest from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed. Crowdfunding investments made through a self-directed IRA cannot receive perks due to tax laws. The Internal Revenue Service (IRS) prohibits self-dealing transactions in which the investor receives an immediate, personal financial gain on investments owned by their retirement account. As a result, an investor must refuse those perks because they would be receiving a benefit from their IRA account.

The 10% Bonus for StartEngine Shareholders

Evolution Nutrition, Inc. will offer 10% additional bonus interest for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding, Inc. OWNer's bonus.

Eligible StartEngine shareholders will receive a 10% increase in the annual interest rate on Convertible Promissory Notes in this offering. This means your annual interest rate will be 5.5% instead of 5%.

This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the Company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Putting enjoyment into healthy eating.