Company: JSDA
Filing Date: 2025-06-04
Form Type: DEF 14A
Source: 0001641172-25-013621
Chunk: 19

Company: JONES SODA CO.
Filing Date: 2025-06-04
Form: DEF 14A
Chunk 19
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 2024 to
report the vesting of 290,697 RSUs into 290,697 shares of common stock on June 30, 2024; Mark Murray failed to file a Form 4 to report
the vesting of 118,097 RSUs into 118,097 shares of common stock on December 31, 2024, filed a late Form 4 on October 18, 2024 to report
the vesting of 118,095 RSUs into 118,095 shares of common stock on September 30, 2024 and a late Form 4 on September 9, 2024 to report
the vesting of 236,191 RSUs into 236,191 shares of common stock on June 30, 2024 and the vesting of 600,000 RSUs into 600,000 shares of
common stock on August 15, 2024; SOL Global Investments Corp. filed a late Form 4 on March 25. 2024 in connection with the sale of an
aggregate of 626,447 shares of common stock from March 5, 2024 to March 20, 2024 and a late Form 4 on March 25, 2024 in connection with
the sale of an aggregate of 513,200 shares of common stock from February 2, 2024 to February 22, 2024.

Board and Committee Meetings and Attendance

The Board of Directors and its committees meet
regularly throughout the year and also hold special meetings and act by written consent from time to time. During fiscal year 2024, the
Board of Directors held seven meetings; the Audit Committee held four meetings; the Compensation Committee held no meetings and the Mergers
and Acquisitions and Investment Committee held no meetings. During fiscal year 2024, none of the directors attended fewer than 75% of
the aggregate of the total number of meetings held by the Board of Directors during his tenure and the total number of meetings held by
all committees of the Board of Directors on which such director served during his tenure. The independent members of the Board of Directors
also meet separately without management directors to discuss such matters as the independent directors consider appropriate.

Board Attendance at Annual Shareholders’
Meeting

We do not have a formal policy requiring director
attendance at our annual meeting of shareholders; however, all directors are encouraged to attend. Two of our then-current directors attended our 2024 annual meeting