X0306 4 2014-05-21 0 0001532390 ALKALINE WATER Co INC WTR 0001492757 Nickolas Steven Paul 14301 NORTH 87 STREET, SUITE 301 SCOTTSDALE AZ 85260 1 1 1 0 President CEO Chairman 0001584123 LIFEWATER INDUSTRIES, LLC 14301 NORTH 87 STREET, SUITE 301 SCOTTSDALE AZ 85260 0 0 1 0 0001584124 WIN INVESTMENTS, LLC 14301 NORTH 87 STREET SUITE 301 SCOTTSDALE AZ 85260 0 0 1 0 Common Stock 21500000 I WiN Investments, LLC Common Stock 21500000 I Lifewater Industries, LLC Series A Preferred Stock 10000000 D Stock Options 0.605 2013-10-09 2023-10-09 Common 3000000 3000000 D Stock Options 0.165 2014-05-12 2019-05-12 Common 600000 3600000 D Stock Options 0.1455 2014-05-21 4 A 0 3000000 0.1455 A 2014-05-21 2024-05-21 Common 3000000 6600000 D Steven P. Nickolas is the manager of WiN Investments, LLC and holds voting and dispositive control over these shares. Steven P. Nickolas is the manager of Lifewater Industries, LLC and holds voting and dispositive control over these shares. The Series A Preferred Stock has 10 votes per share and is not convertible into shares of common stock. The stock options vest as follows: (i) 1,000,000 on October 9, 2013; and (ii) 500,000 per quarter until fully vested. The stock options vest as follows: (I) 1,500,000 on May 21, 2014 and (ii) 1,500,000 on November 21, 2014. /s/ Steven P. Nickolas 2014-05-22