WILLAMETTE VALLEY VINEYARDS INC

For the period ended Jul 12, 2025. Filed May 30, 2025.

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Jul 12, 2025 · Filed May 30, 2025

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WVVI$1.70-1.7%Stored close · as of Nov 6, 2026

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Contents

(d) Exercisability

(1) Share Appreciation Rights that are Free Standing Rights shall be exercisable at such time or times and subject to such terms and conditions as shall be determined by the Administrator in the applicable Award Agreement.

(2) Share Appreciation Rights that are Related Rights shall be exercisable only at such time or times and to the extent that the Options to which they relate shall be exercisable in accordance with the provisions of Section 7 hereof and this Section 8 of the Plan.

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