Sean McGowan

- Reed's, Inc. completed a private placement on **September 15, 2025**, issuing **5,000,000 shares** of common stock at **$1.00 per share** to six accredited investors, generating **$5.0 million** in aggregate gross proceeds.  **[1140215_0001493152-25-013710_form8-k.htm:1]**  The net proceeds from this placement are intended for **working capital and general corporate purposes**.  **[1140215_0001493152-25-013710_form8-k.htm:1]** **[1140215_0001493152-25-013710_ex10-1.htm:23]** 
- The company announced a change to its Board of Directors, with **Randle Lee Edwards** resigning on **September 10, 2025**, and **Michael Tu** being appointed on **September 15, 2025**, to fill the vacancy.  **[1140215_0001493152-25-013710_form8-k.htm:3]**  Mr. Tu will also serve on the Audit, Compensation, and Governance Committees of the Board.  **[1140215_0001493152-25-013710_form8-k.htm:3]**

REED'S, INC. Completes Private Placement and Appoints New Board Member

- Reed's, Inc. announced a **corporate reorganization** and strategic realignment aimed at enhancing operational efficiency and positioning the company for long-term success.  **[1140215_74fdb917613f4a9f9477f35e4f83f2aa_0]** 
- The company is advancing key investments to bolster its commercial strategy, including the development of a **dedicated field sales organization**.  **[1140215_74fdb917613f4a9f9477f35e4f83f2aa_0]** 
- **Tina Reejsinghani** has been appointed as the new **Chief Marketing Officer**, bringing over two decades of global marketing leadership experience.  **[1140215_74fdb917613f4a9f9477f35e4f83f2aa_0]** 
- Chief Commercial Officer **Chris Burleson** tendered his resignation, effective **September 12, 2025**.  **[1140215_74fdb917613f4a9f9477f35e4f83f2aa_0]**

REED'S (REED)