Company: JSDA
Filing Date: 2025-06-04
Form Type: DEF 14A
Source: 0001641172-25-013621
Chunk: 17

Company: JONES SODA CO.
Filing Date: 2025-06-04
Form: DEF 14A
Chunk 17
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 “Code of Conduct,” respectively. If we waive any material provision
of our Code of Conduct or Code of Ethics for our Chief Executive Officer or senior financial officers or substantively change the codes,
we will disclose that fact on our website within four business days.

Insider Trading Policy

We have adopted an insider trading policy
governing the purchase, sale, and/or any other disposition of our securities that applies to our directors, officers and employees,
and other covered persons. We believe that our insider trading policy is reasonably designed to promote compliance with insider trading
laws, rules and regulations, and listing standards applicable to our Company.

Anti-hedging

As part of our Insider Trading Policy, all of
our officers, directors and employees are prohibited from engaging in short sales of our securities and any hedging or monetization transactions
involving our securities. Our Insider Trading Policy further prohibits such persons from holding our securities on margin in a margin
account or otherwise pledging our securities. As of December 31, 2024, none of our directors or executive officers had pledged any shares
of our common stock.

Family Relationships and Other Arrangements

There are no family relationships among our directors
and executive officers. There are no arrangements or understandings between or among our executive officers and directors pursuant to
which any director or executive officer was or is to be selected as a director or executive officer.

Involvement in Certain Legal Proceedings

We are not aware of any of our directors or officers
being involved in any legal proceedings in the past ten years relating to any matters in bankruptcy, insolvency, criminal proceedings
(other than traffic and other minor offenses), or being subject to any of the items set forth under Item 401(f) of Regulation S-K.

Delinquent Section 16(a) Reports

Section 16(a) of the Securities Exchange Act of
1934, as amended, requires our directors and executive officers, and persons who own more than 10% of our common stock (collectively,
“Reporting Persons”) to file with the SEC initial reports of ownership and reports of changes in ownership of our common stock.
Reporting Persons are also required by SEC regulations to furnish us with copies of all such ownership reports they file. SEC regulations
also require the Company to identify any Reporting Person who failed to file any such report on a timely basis.

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Based solely on our review of the copies of such
reports received or written communications from certain Reporting Persons, we believe that all Reporting Persons filed