CADIZ INC

The information set forth below is included herein for the purpose of providing the disclosure required under “Item 1.01. Entry into a Material Definitive Agreement”*** and***“Item2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant**”*** of Form*** 8-K.

Fifth Amendment to Credit Agreement–* Maturity Date Extension*

On* August 12, 2026,Cadiz Inc. (the “Company”) and its wholly-owned subsidiaries, Cadiz Real Estate LLC, ATEC Water Systems, LLC, and Octagon Partners LLC (collectively, the “Borrowers”), entered into a Fifth Amendment to Credit Agreement (the “Fifth Amendment”) with Alter Domus (US) LLC as administrative agent, and the lenders party thereto including HHC $ Fund2012* (the “Heerema Lender”), an affiliate of Heerema International Group Services S.A., which amends that certain Credit Agreement (the “Credit Agreement”), dated as of* July 2, 2021 (*as previously amended), by and among the Borrowers, the administrative agent, and the lenders party thereto from time to time.

The Fifth Amendment extends the maturity date of both the secured loans and the unsecured convertible loans under the Credit Agreement from* June 30, 2027to June 30, 2028.*

The foregoing description of the Fifth Amendment doesnot purport to be complete and is qualified in its entirety by the full text of such document, which is filed as Exhibit10.5 to this quarterly report and is incorporated by reference herein.

AmendmentNo.* 1 to Common Stock Purchase Warrant*

On* August 12, 2026,the Company and the Heerema Lender, as holder of the Common Stock Purchase Warrant dated March 6, 2024 (the “Warrant”), entered into Amendment No. 1 to Common Stock Purchase Warrant (the “Warrant Amendment”), which amends the Warrant to extend its expiration date from June 30, 2027to June 30, 2028.*

The foregoing description of the Warrant Amendment doesnot purport to be complete and is qualified in its entirety by the full text of such document, which is filed as Exhibit4.1 to this quarterly report and is incorporated by reference herein.

None.

During thesix months ended* June 30, 2026,no director or officer of the Company adopted or terminated a “Rule10b5*-1 trading arrangement” or “non-Rule10b5-1 trading arrangement,” as each term is defined in Item408(a) of Regulation S-K.

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