Termination and Release Agreement

TERMINATION AND RELEASE AGREEMENT

This Termination and Release Agreement (“Agreement”) is entered into as of this 30th day of November, 2020, by and between AB International Group Corp., a Nevada corporation (the “AB International”) and Crown Bridge Partners, LLC, a New York limited liability company (“Crown Bridge”).

WHEREAS, on or about January 8, 2020, AB International executed a Warrant to Purchase Common Stock of AB International Group Corp. in favor of Crown Bridge (the “January 8, 2020 Warrant”), pursuant to which AB International issued a warrant to purchase 4,860 shares of AB International at a strike price of $12.50 per share;

WHEREAS, on or about July 23, 2020, AB International executed a Warrant to Purchase Common Stock of AB International Group Corp. in favor of Crown Bridge (the “July 23, 2020 Warrant”), pursuant to which AB International issued a warrant to purchase 4,860 shares of AB International at a strike price of $12.50 per share;

WHEREAS, the January 8, 2020 Warrant and the July 23, 2020 Warrant are collectively referred to herein as the “Warrants” in this Agreement;

WHEREAS, the parties now desire to terminate and release each other and otherwise settle, compromise, dispose of, and release with finality, all claims, demands and causes of action, arising out of the Warrants;

NOW, THEREFORE, in exchange for $75,000 and other valuable consideration included in this Agreement, the adequacy of which is hereby acknowledged, the parties agree as follows:

administrators and any legal and personal representatives of each of the foregoing, and each of them, from any and all claims, demands, actions, causes of action, debts, liabilities, rights, contracts, obligations, duties, damages, costs, expenses or losses, of every kind and nature whatsoever, and by whomever asserted, whether at this time known or suspected, or unknown or unsuspected, anticipated or unanticipated, direct or indirect, fixed or contingent, or which may presently exist or which may hereafter arise or become known, in law or in equity, in the nature of an administrative proceeding or otherwise, for or by reason of any event, transaction, matter or cause whatsoever, with respect to, in connection with or arising out of the Warrants. For the avoidance of doubt, the aforementioned release shall not include the release of the amounts owed under the promissory note issued by AB International to Crown Bridge on January 8, 2020, in the original principal amount of $121,500.00.

It is understood by the parties that the facts with respect to which the foregoing release is given may hereafter turn out to be other than or different from the facts now known to a party or the parties or believed by a party or the parties to be true, and each party therefore expressly assumes the risk of the facts turning out to be so different and agrees that the foregoing release shall be in all respects effective and not subject to termination or rescission by any such difference in facts.

agreements or understandings, written or oral, or otherwise. This Agreement may not be amended or modified otherwise than by a written agreement executed by the parties hereto or their respective successors and legal representatives.

The parties to this Agreement have executed this Agreement as of the day and year first written above.

AB INTERNATIONAL GROUP CORP.

By: /s/ Chiyuan Deng

Printed Name: Chiyuan Deng

Title: CEO

CROWN BRIDGE PARTNERS, LLC

By /s/ Seth Ahdoot

Printed Name: Seth Ahdoot

Title: Member