X0306 4 2018-04-03 0 0001532390 ALKALINE WATER Co INC WTR 0001211259 GUARINO DAVID 19039 N 90TH LANE PEORIA AZ 85382 1 1 0 0 CFO Secretary Treasurer Common Stock 740000 D Common Stock 2018-04-03 4 J 0 119300 A 859300 D Series D Preferred Stock 1000000 D The Series D Preferred Stock was issued on May 3, 2017 and is convertible, without the payment of any additional consideration by the holder and at the option of the holder, into one fully paid and non-assessable share of common stock at any time after (i) The Alkaline Water Company Inc. ("Alkaline Water") achieves the consolidated revenue of the company and all of its subsidiaries equal to or greater than $40,000,000 in any 12 month period, ending on the last day of any quarterly period of its fiscal year; or (ii) a Negotiated Trigger Event, defined as an event upon which the Series D Preferred Stock will be convertible as may be agreed by Alkaline Water and the holder in writing from time to time. These shares were transferred from WiN Investments, LLC in order to partially settle a loan in the amount of $150,000 made by David Guarino. /s/ David Guarino 2018-04-10