Company: PED
Filing Date: 2025-10-29
Form Type: 10-K/A
Source: 0001654954-25-012328
Chunk: 193

Company: PEDEVCO CORP
Filing Date: 2025-10-29
Form: 10-K/A
Chunk 193
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 separate from the compensation paid as an executive for the periods above.

| (1) | Consists of the value of 550,000 shares of restricted common stock granted in January 2024 at $0.6675 per share.                                                    |
| (2) | Consists of the value of 400,000 shares of restricted common stock granted in January 2023 at $1.09 per share.                                                      |
| (3) | Consists of the value of 525,000 shares of restricted common stock granted in January 2024 at $0.6675 per share.                                                    |
| (4) | Consists of Company matching contributions of up to 6% of the applicable officer's salary into the Company's sponsored 401(k) plan, subject to IRS and plan limits. |
| (5) | Consists of the value of 350,000 shares of restricted common stock granted in January 2023 at $1.09 per share.                                                      |
| (6) | Consists of the value of 450,000 shares of restricted common stock granted in January 2024 at $0.6675 per share.                                                    |
| (7) | Consists of the value of 300,000 shares of restricted common stock granted in January 2023 at $1.09 per share.                                                      |
| (8) | Consists of the value of 250,000 shares of restricted common stock granted in January 2024 at $0.6675 per share.                                                    |
| (9) | Consists of the value of 200,000 shares of restricted common stock granted in January 2023 at $1.09 per share.                                                      |

| 136 |

Outstanding Equity Awards at Year Ended December 31, 2024

The following table sets forth information as of December 31, 2024 concerning outstanding equity awards for the executive officers named in the Summary Compensation Table.

<div align='center'>Outstanding Equity Awards at Fiscal Year-End</div>

| Name               |     | Option Awards                                                       
 Number of securities underlying unexercised options (#) exercisable |   |     | Number ofsecurities underlying unexercised options (#)unexercisable |   |     | Option Exercise price ($) |   |     | Option expiration date |   |     | Stock Awards(4)                                             
 Number of shares or units of stock that have not vested (#) |         |    |     | Market value of shares or units