Common use of Facsimile and Electronic Transmission Clause in Contracts

Facsimile and Electronic Transmission. The Corporation and the Agent shall be entitled to rely on delivery by facsimile or other electronic means of an executed copy of this Agreement and acceptance by the Corporation and the Agent of that delivery shall be legally effective to create a valid and binding agreement between the Corporation and the Agent in accordance with the terms of this Agreement. If the foregoing is in accordance with your understanding and is agreed to by you, please signify your acceptance by executing this letter where indicated below and returning the same to the Agent upon which this letter as so accepted shall constitute an agreement between us. By: (signed) “Xxxxxx Xxxxxx” Authorized Officer The foregoing offer is accepted and agreed to as of the date first above written. By: (signed) “Xxxxxxx Xxxxxxx” Authorized Officer 0.15 200,000 September 7, 2020 0.15 368,059 September 7, 2024 0.16 91,206 September 15, 2020 0.32 33,150 October 7, 2020 0.39 200,000 December 4, 2020 0.40 58,429 December 4, 2020 0.43 1,500,000 April 17, 2024 0.48 568,493 November 8, 2024 0.50 500,000 February 7, 2024 0.50 8,218,452 January 19, 2025 0.56 663,368 August 2, 2018 0.57 8,325,572 January 17, 2024 0.96 305,107 December 20, 2018 1.00 3,171,558 August 24, 2021 1.02 183,587 December 23, 2020 1.08 564,292 January 27, 2021 1.39 19,746 December 16, 2019 1.51 16,796 August 11, 2020 1.72 461,139 June 9, 2020 1.76 106,096 March 6, 2019 1.94 362,080 May 21, 2019 Below is a table that sets out the various series of the warrants of the Corporation that were previously issued, using historic rates. The disclosure of the potential proceeds in the last column of the table below assumes all warrants are exercised on or before the expiry date. However, there is no assurance that any warrants will be exercised prior to their expiry.

Facsimile and Electronic Transmission. The Corporation and the Agent shall be entitled to rely on delivery by facsimile or other electronic means of an executed copy of this Agreement and acceptance by the Corporation and the Agent of that delivery shall be legally effective to create a valid and binding agreement between the Corporation and the Agent in accordance with the terms of this Agreement. If the foregoing is in accordance with your understanding and is agreed to by you, please signify your acceptance by executing this letter where indicated below and returning the same to the Agent upon which this letter as so accepted shall constitute an agreement between us. Yours very truly, By: (signed) “Xxxxxx XxxxxxXxxxxxx Xxxxxxx” Authorized Officer The foregoing offer is accepted and agreed to as of the date first above written. TITAN MEDICAL INC. By: (signed) “Xxxxxxx Xxxxxxx” Authorized Officer 0.15 200,000 September 7, 2020 0.15 368,059 September 7, 2024 0.16 91,206 September 15, 2020 0.32 33,150 October 7, 2020 0.39 200,000 December 4, 2020 0.40 58,429 December 4, 2020 0.43 1,500,000 April 17, 2024 0.48 568,493 November 8, 2024 0.50 500,000 February 7, 2024 0.50 8,218,452 January 19, 2025 0.56 663,368 August 2, 2018 0.57 8,325,572 January 17, 2024 0.96 305,107 December 20, 2018 note 2.09 50,349 2.81 50,349.00 note 4.93 40,000 2.96 40,000.00 NOTE Options were granted in U.S. dollars but have been converted to CDN $ for presentation Exchange rate used is USD $1.00 3,171,558 August 24, 2021 1.02 183,587 December 23, 2020 1.08 564,292 January 27, 2021 1.39 19,746 December 16, 2019 1.51 16,796 August 11, 2020 1.72 461,139 June 9, 2020 1.76 106,096 March 6, 2019 1.94 362,080 May 21, 2019 = CDN $1.3266 Below is a table that sets out the various series of the warrants of the Corporation that were previously issuedadjusted in accordance with the Corporation’s consolidation of its Common Shares on the basis of one post-consolidation Common Share for 30 pre-consolidation Common Shares effective June 19, using historic rates2018. The disclosure of the potential proceeds in the last column of the table below assumes all warrants are exercised on or before the expiry date. However, there There is no assurance that any warrants will be exercised prior to their expiry.. TMD.W.T.F November 16, 2015 November 16, 2020 233,740 233,740 48.00 TMD.W.T.G February 12, 2016 February 12, 2021 389,027 386,694 30.00 TMD.W.T.G February 23, 2016 February 12, 2021 58,226 58,226 30.00 TMD.W.T.H March 31, 2016 March 31, 2021 501,831 501,831 36.00 TMD.W.T.H April 14, 2016 March 31, 2021 75,275 75,275 36.00 TMD.W.T.I September 20, 2016 September 20, 2021 569,444 569,444 22.50 TMD.W.T.I October 27, 2016 September 20, 2021 67,667 67,667 22.50 Not Listed March 16, 2017 March 16, 2019 357,787 135,824 12.00 Not Listed March 16, 2017 March 16, 2021 357,787 355,253 15.00 Not Listed June 29, 2017 June 29, 2022 1,612,955 75,810 6.00 Not Listed July 21, 2017 June 29, 2022 370,567 370,567 6.00 Not Listed August 24, 2017 August 24, 2022 563,067 563,067 6.00 Not Listed December 5, 2017 December 5, 2022 1,533,333 1,533,333 18.00 Not Listed April 10, 2018 April 10, 2023 1,126,665 1,126,665 10.50 Not Listed May 10, 2018 April 10, 2023 168,889 168,889 10.50 Not Listed* August 10, 2018 August 10, 2023 7,679,574 6,661,068 4.15

Facsimile and Electronic Transmission. The Corporation and the Agent shall be entitled to rely on delivery by facsimile or other electronic means of an executed copy of this Agreement and acceptance by the Corporation and the Agent of that delivery shall be legally effective to create a valid and binding agreement between the Corporation and the Agent in accordance with the terms of this Agreement. If the foregoing is in accordance with your understanding and is agreed to by you, please signify your acceptance by executing this letter where indicated below and returning the same to the Agent upon which this letter as so accepted shall constitute an agreement between us. Yours very truly, By: (signed) “Xxxxxx Xxxxxx” Authorized Officer The foregoing offer is accepted and agreed to as of the date first above written. By: (signed) “Xxxxxxx Xxxxxxx” Authorized Officer 0.15 200,000 September 7, 2020 0.15 368,059 September 7, 2024 0.16 91,206 September 15, 2020 0.32 33,150 October 7, 2020 0.39 200,000 December 4, 2020 0.40 58,429 December 4, 2020 0.43 1,500,000 April 17, 2024 0.48 568,493 November 8, 2024 0.50 500,000 February 7, 2024 0.50 8,218,452 January 19, 2025 0.56 663,368 August 2, 2018 0.57 8,325,572 January 17, 2024 0.83 49,591 March 21, 2018 0.96 305,107 December 20, 2018 1.00 3,171,558 3,488,158 August 24, 2021 1.02 183,587 193,478 December 23, 2020 1.08 564,292 644,292 January 27, 2021 1.39 19,746 December 16, 2019 1.39 47,532 May 15,2017 1.51 16,796 August 11, 2020 1.72 461,139 485,985 June 9, 2020 1.76 106,096 March 6, 2019 1.94 362,080 379,539 May 21, 2019 Below is a table that sets out the various series of the warrants of the Corporation that were previously issued, using historic rates. The disclosure of the potential proceeds in the last column of the table below assumes all warrants are exercised on or before the expiry date. However, there is no assurance that any warrants will be exercised prior to their expiry.. Capitalized terms used in this Schedule “B” and not defined herein shall have the meanings ascribed thereto in the Agreement to which this Schedule is attached, and the following terms shall have the meanings indicated:

Facsimile and Electronic Transmission. The Corporation and the Agent shall be entitled to rely on delivery by facsimile or other electronic means of an executed copy of this Agreement and acceptance by the Corporation and the Agent of that delivery shall be legally effective to create a valid and binding agreement between the Corporation and the Agent in accordance with the terms of this Agreement. If the foregoing is in accordance with your understanding and is agreed to by you, please signify your acceptance by executing this letter where indicated below and returning the same to the Agent upon which this letter as so accepted shall constitute an agreement between us. Yours very truly, By: (signed) “"Xxxxxx Xxxxxx” " Authorized Officer The foregoing offer is accepted and agreed to as of the date first above written. By: (signed) “"Xxxxxxx Xxxxxxx” " Authorized Officer 0.15 200,000 4.50 6,667 September 7, 2020 0.15 368,059 4.50 12,269 September 7, 2024 0.16 91,206 4.80 3,040 September 15, 2020 0.32 33,150 9.60 1,105 October 7, 2020 0.39 200,000 11.70 6,667 December 4, 2020 0.40 58,429 12.00 1,948 December 4, 2020 0.43 1,500,000 12.90 50,000 April 17, 2024 0.48 568,493 14.40 18,950 November 8, 2024 0.50 500,000 15.00 16,667 February 7, 2024 0.50 8,218,452 15.00 273,948 January 19, 2025 0.56 663,368 August 2, 2018 0.57 8,325,572 17.10 277,519 January 17, 2024 0.96 305,107 28.80 10,170 December 20, 2018 1.00 3,171,558 30.00 105,719 August 24, 2021 1.02 183,587 30.60 6,120 December 23, 2020 1.08 564,292 32.40 18,810 January 27, 2021 1.39 19,746 41.70 658 December 16, 2019 1.51 16,796 45.30 560 August 11, 2020 1.72 461,139 51.60 15,371 June 9, 2020 1.76 106,096 52.80 3,537 March 6, 2019 1.94 362,080 58.20 12,069 May 21, 2019 Total 841,794 Below is a table that sets out the various series of the warrants of the Corporation that were previously issued, using historic rates. The disclosure of the potential proceeds in the last column of the table below assumes all warrants are exercised on or before the expiry date. However, there is no assurance that any warrants will be exercised prior to their expiry.