Company: JSDA
Filing Date: 2025-06-04
Form Type: DEF 14A
Source: 0001641172-25-013621
Chunk: 13

Company: JONES SODA CO.
Filing Date: 2025-06-04
Form: DEF 14A
Chunk 13
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 by our Board of Directors. Our Board of
Directors may establish other committees as it deems necessary or appropriate from time to time.

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Audit Committee

The Audit Committee represents our Board of Directors
in discharging its responsibilities relating to our accounting, reporting, financial and internal control practices, and any related party
transactions. Among its responsibilities, the Audit Committee: is responsible for selecting, retaining or replacing our independent auditors;
reviewing the scope, fees and result of their audit; reviewing the independence of our auditors; reviewing and approving any non-audit
services and related fees; being informed of the auditors significant audit findings and management’s responses; reviewing the adequacy
of our accounting and financial personnel; reviewing our financial reporting processes and internal controls over financial reporting
and disclosure controls and procedures; and overseeing legal and regulatory compliance matters, including reviewing and approving all
significant related party transactions and potential conflict of interest situations. In addition, the Audit Committee reviews our quarterly
and annual financial statements and recommends their acceptance to the Board of Directors. The Audit Committee also periodically reviews,
in consultation with the Compensation Committee, our Code of Conduct and Code of Ethics, and establishes and reviews (a) procedures for
receipt, retention and treatment of complaints regarding our accounting, internal controls and auditing matters; and (b) procedures for
the confidential, anonymous submission by employees of concerns regarding questionable accounting or auditing matters. The Audit Committee
operates under a written charter setting forth the functions and responsibilities of the committee, which is reviewed by the committee
on a periodic basis, and by the Board of Directors as appropriate. A current copy of the charter is available on our website at www.jonessoda.com
under the Investor Relations tab under the heading “Corporate Governance.”

The Audit Committee is currently comprised of
Messrs. Dissinger, (Chair), Sirkin, and Reichman. The Board of Directors has determined that, after consideration of all relevant factors,
Messrs. Dissinger, Sirkin, and Reichman qualify as an “independent” director under applicable SEC and Nasdaq rules. Each member
of the Audit Committee is able to read and understand fundamental financial statements, including our consolidated balance sheets, consolidated
statements of operations and consolidated statements of cash flows. Further, no member of the Audit Committee has participated in the
preparation of our consolidated financial statements, or those of any of our current subsidiaries, at any time during the past three years.
The Board of Directors have determined that Ronald Diss