Mr. Scott Harvey reports

JONES SODA ANNOUNCES PRELIMINARY THIRD QUARTER NET REVENUE OF $13.3 MILLION, UP APPROXIMATELY 196% YEAR-OVER-YEAR

Jones Soda Co. has released preliminary unaudited net revenue results for the third quarter and nine months ended Sept. 30, 2026.

The company expects to report net revenue of approximately $13.3-million for the third quarter of 2026, representing an increase of approximately 196 per cent compared with net revenue of $4.5-million in the third quarter of 2025.

For the nine months ended Sept. 30, 2026, the company expects preliminary net revenue of approximately $36.0-million, an increase of approximately 164 per cent compared with net revenue of $13.6-million for the corresponding nine-month period in 2025.

"We are very pleased with the continued strong growth of the Jones Soda business during the third quarter," said Scott Harvey, president and chief executive officer of Jones Soda. "Our results reflect particularly strong sales growth across our club and direct-to-consumer channels as we continue to broaden the reach of the Jones brand and connect with both new and existing consumers. The company is on track to achieve its sales and EBITDA guidance for 2026.

"Our social media activity has also been extremely strong, supported by the efforts of the Jones marketing team and the enthusiasm of our consumers. Jones-related content has generated millions of impressions across social platforms, significantly expanding awareness and engagement with the Jones brand.

"As we look toward the fourth quarter, we expect continued strength in our direct-to-consumer and club channels, complemented by the launch of Jones products with additional retailers. We are also actively developing new partnerships that we expect to announce in the coming weeks and months. We believe these initiatives position Jones well as we close out 2026 and continue building the foundation for growth in 2027."

Preliminary results

The financial results presented in this news release are preliminary and unaudited and are based on information currently available to management. The company's normal quarter-end accounting and financial reporting processes with respect to the third quarter and nine months ended Sept. 30, 2026, have not yet been completed. Accordingly, the preliminary results presented herein are subject to adjustment as the company completes its quarter-end financial close and review procedures, and actual results may differ from the preliminary results presented in this news release.

About Jones Soda Co.

Jones Soda is a leading craft soda manufacturer. The company markets and distributes premium craft sodas under the Jones Soda brand. Jones's mainstream soda line is sold across North America in glass bottles, cans and on fountain through traditional beverage outlets, restaurants and alternative accounts. The company is headquartered in Seattle, Wash.

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