Effective as of December 27, 2018, Jones Soda Co. renewed its existing revolving secured credit facility (as amended, the Loan Facility) with CapitalSource Business Finance Group, a dba of BFI Business Finance (the Renewal). The Renewal extends the expiration of the Loan Facility from December 27, 2018 to December 27, 2019. Pursuant to the terms of the Loan Facility, a 0.75% annual fee, equivalent to $23,812.50, was charged to the Company on December 27, 2018 in connection with the Renewal.