Tilray Brands, Inc.

On* October 7, 2026,American Beverage Crafts Group, Inc., a wholly-owned subsidiary of the Company, entered into a Seventh Amendment to Credit Agreement (the “Seventh Amendment”) with Bank of America, N.A., as administrative agent, and the lenders party thereto. The Seventh Amendment amends the Credit Agreement dated June 30, 2023and, among other things, provides that the financial covenants willnot* be tested for the fiscal quarter ended* August 31, 2026,adds a “Covenant Compliance Start Date” and revises certain of the financial covenants for subsequent periods, including the maximum Consolidated Leverage Ratio, the minimum Consolidated EBITDA and the minimum liquidity requirements. The Seventh Amendment also amends the Availability Period and limits availability under the revolving credit facility. The foregoing description is qualified in its entirety by reference to the full text of the Seventh Amendment, which is filed as Exhibit10.2* to this Quarterly Report on Form10-Q and incorporated herein by reference.

Rule10b5*-1 Trading Plans*

None of our directors or “officers,” as defined in Rule16a-1(f) under the Securities Exchange Act of1934, adopted or terminated a Rule10b5-1 trading plan or arrangement or a non-Rule10b5-1 trading plan or arrangement, as defined in Item408(c) of Regulation S-K, during the fiscal period covered by this report.