On December 1, 2021, John J. Wiesehan entered into a Separation and General Release (the ‘Separation Agreement’) with the cbdMD, Inc. (the ‘Company’) and its subsidiaries resigning as Chief Revenue Officer and all other capacities, effective December 1, 2021. His resignation on December 1, 2021 was pursuant to Section 6(c) of his Employment Agreement dated July 22, 2021 (the ‘Wiesehan Employment Agreement’). Mr. Wiesehan’s responsibilities have been assumed by current Company executive management and other personnel.