Jones Soda Co. modified the terms of a stock option grant for CFO Brian Meadows originally issued on September 9, 2025. The original grant for 750,000 shares was contingent upon the achievement of specific company milestones. The amendment removes these performance conditions. The options will now vest over a three-year period with annual cliff vesting of one-third (1/3) per year, starting March 27, 2026. Vesting is subject to Mr. Meadows remaining employed with the company through each anniversary date.