X0306 4 2015-12-10 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 0001584124 WIN INVESTMENTS, LLC 14301 NORTH 87 STREET SUITE 109 SCOTTSDALE AZ 85260 0 0 1 0 0001584123 LIFEWATER INDUSTRIES, LLC 14301 NORTH 87 STREET, SUITE 109 SCOTTSDALE AZ 85260 0 0 1 0 Common Stock 430000 I WiN Investments, LLC Common Stock 376000 I Lifewater Industries, LLC Common Stock 2015-12-10 4 J 0 30000 D 346000 I Lifewater Industries, LLC Series A Preferred Stock 10000000 D Stock Options 7.50 2013-10-09 2023-10-09 Common 60000 60000 D Stock Options 8.25 2014-05-12 2019-05-12 Common 12000 72000 D Stock Options 7.275 2014-05-21 2024-05-21 Common 60000 132000 D Stock Options 5.75 2015-02-18 2020-02-18 Common 16000 148000 D Stock Options 0.52 2016-01-29 4 A 0 1500000 0.52 A 2016-01-29 2023-10-07 Common 1500000 1648000 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) 20,000 on October 9, 2013; and (ii) 10,000 per quarter until fully vested. The stock options vest as follows: (I) 30,000 on May 21, 2014 and (ii) 30,000 on November 21, 2014. Reflects a 50-1 reverse split effective as of December 29, 2015. Pursuant to a loan agreement dated February 26, 2015, Byrne United S.A. ("Byrne") loaned Lifewater Industries, LLC ("Lifewater") $300,000 which loan was due and payable 60 days after such advance and was secured by the pledge of the 30,000 shares of common stock pursuant to a stock pledge agreement dated February 26, 2015. The pledge of the shares was bona-fide and as security for the repayment of the loan. After Lifewater defaulted on repayment of the loan, Byrne provided Lifewater with ten days written notice of the default and, after the expiry of such period, foreclosed on the shares pursuant to the stock pledge agreement. The effective date of the transfer of shares was December 10, 2015. /s/ Steven P. Nickolas 2016-02-02