AUDDIA INC.

As described below, the Company held its 2025 Annual Meeting of Stockholders on September 8, 2025. At the Annual Meeting, the Company’s stockholders approved an amendment to the Company’s 2020 Equity Incentive Plan to increase the number of shares of common stock reserved for issuance under the 2020 Equity Incentive Plan by 50,000 shares, thereby increasing the total number of shares issuable under the 2020 Plan from 87,786 to 137,786.

A summary of the material terms of the amended 2020 Plan is set forth in the Company’s definitive proxy statement on Schedule 14A for the Annual Meeting filed with the U.S. Securities and Exchange Commission on August 5, 2025 (the “Proxy Statement”). The summaries of the amended 2020 Plan set forth in the Proxy Statement are qualified in their entirety by reference to the full text of the amended 2020 Plan, which is filed as an exhibit to the Company’s SEC reports. A copy of the recently approved amendment is filed as Exhibit 10.1 to this Current Report on Form 8-K, and incorporated herein by reference.