Genius Group Limited Registration statement for securities of certain foreign private issuers

LOANS PAYABLE — RELATED PARTIES (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2023

Dec. 31, 2022

Loans from related parties as of June 30, 2023 and December 31, 2022 consist of the following:

	As of June 30, 2023		As of December 31, 2022
Loan payable to related parties for the acquisition of Wealth Dynamics Current portion	$	—	$	—
Non-current portion.		—		—
Subtotal		—		—
Other loans payable to related parties, current		1,018,628		2,932,090
Other loans payable to related parties, non-current		1,812		1,729
Total loans payable to related parties	$	1,020,440	$	2,933,819

Loans from related parties as of December 31, 2022 and 2021 consist of the following:

SCHEDULE OF LOANS FROM RELATED PARTIES


	As of December 31,
	2022		2021
Loan payable to related parties for the acquisition of Wealth Dynamics Current portion	$	—	$	425,551
Non-current portion.		—		—
Subtotal		—		425,551
Other loans payable to related parties, current		2,932,090		—
Other loans payable to related parties, non-current		1,729		—
Total loans payable to related parties	$	2,933,819	$	425,551

The details of loan payable to the related parties is as follows:

	As of June 30, 2023		As of December 31, 2022
Loan Payable for E-Squared Acquisition	$	—	$	299,231
Loan payable for RF acquisition		—		2,000,000
Le Roux Niemann		89,476		55,555
Jeff Hays		435,000		250,000
Patrick Gentempo		435,000		250,000
Amount due to EIA		16,844		35,305
Others		44,120		43,728
Total	$	1,020,440	$	2,933,819