Management Change/Compensation (Form 8-K)

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 27, 2026, Jones Soda Co. (the "Company") amended the terms related to the option grant to Brian Meadows, the Company's Chief Financial Officer, which occurred on September 9, 2025, to purchase 750,000 shares of common stock of the Company (the "Stock Options") under the Company's 2022 Omnibus Equity Incentive Plan.

The grant was originally conditioned upon the Company's completion of certain milestones and the Company amended the grant to remove such conditions and provide that the Stock Options shall vest over a three-year period, with annual cliff vesting such that one-third (1/3) of the Stock Options vest on each anniversary of March 27, 2026, provided that Mr. Meadows remains employed with the Company through the applicable vesting date.