NOTE

– CONVERTIBLE NOTES - RELATED PARTY

Convertible notes - related party consists of the following at:

	June 30, 2020		December 31, 2019
Convertible note due to the spouse of Bill Chaaban, President of CEN, which bears an interest at 12% per annum. This note is convertible to 867,576 common shares with a maturity date of August 17, 2020.	$	1,388,122	$	1,388,122

Convertible notes in default due to Harold Aubrey de Lavenu, a Director of CEN, bearing interest at 5% per annum. These notes are convertible to 548,980 common shares and matured on March 31, 2019.		878,368		878,368

Convertible note in default due to Alex Tarrabain, a Director of CEN, bearing interest at 5% per annum. This note is convertible to 30,000 common shares and matured on March 31, 2019.		48,000		48,000

Convertible notes due to Joseph Byrne, CEO of CEN, bearing interest at 12% per annum. This note is convertible to 140,120 common shares with a maturity date of August 17, 2020.		224,191		224,191

Convertible note due to Darren Ferris, brother of Ameen Ferris, a Director of CEN, bearing interest at 5% per annum. This note is convertible to 12,500 common shares with a maturity date of June 19, 2021.		20,000		20,000

Total convertible notes payable - related party		2,558,681		2,558,681
Less current portion		2,558,681		2,538,681

Convertible notes payable - related party, less current portion	$	-	$	20,000

Attributable related party accrued interest was

$925,855

and

$814,115

as of

June 30, 2020

and

December 31, 2019,

respectively. Interest expense attributable to related party convertible notes was

$59,871,

and

$59,798

for the

three

months ended

June 30, 2020

and

2019,

respectively, and was

$119,739

and

$118,927

for the

six

-months ended

June 30, 2020

and

2019,

respectively.

These notes

may

be converted at the option of the note holder at any time after registration of CEN's common stock upon written notice by the note holder. These notes are convertible into a total of

1,599,176

common shares.

As of

July 31, 2020,

we are currently in default of

$926,368

of convertible notes payable, which are convertible into

578,980

shares of common stock.