Officer and Director Equity Transaction at Cadiz Inc.

Cathryn Rivera, Chief Operating Officer of Cadiz Inc., acquired 10,000 shares of Common Stock on April 8, 2026, under the 2019 Equity Incentive Plan as a performance bonus. This acquisition brings her total post-transaction shares to 147,500. The filing also details 57,350 restricted stock units (RSUs) that are subject to vesting conditions, including continuing employment and performance-based milestones related to project finance, water supply agreements, and regulatory approvals. Each RSU represents a contingent right to one share of Cadiz Inc. common stock.