X0306 4 2022-08-29 0 0001532390 ALKALINE WATER Co INC WTER 0001731858 KEAY AARON 7325 BLENHEIM STREET VANCOUVER A1 V6N 1S2 BRITISH COLUMBIA, CANADA 1 0 0 0 Common Stock 750000 D Common Stock 1000000 I Klutch Financial Corp. Common Stock 2022-08-29 4 M 0 1000000 0.46 A 2000000 I Klutch Financial Corp. Stock Options 1.29 2017-04-28 2027-04-28 Common 350000 350000 D Stock Options 0.53 2020-04-03 2030-04-02 Common 250000 600000 D Stock Options 1.09 2021-03-31 2031-03-31 Common 250000 850000 D Stock Options 0.51 2023-08-23 2032-08-23 Common 750000 1600000 D Warrants 1.25 2021-09-30 2024-07-06 Common 1000000 1000000 I Klutch Financial Corp. Warrants 0.46 2022-08-29 4 M 0 1000000 0.46 D 2021-09-30 2024-07-06 Common 1000000 0 I Klutch Financial Corp. 1/4 of the options will vest on April 28, 2017 (the "Date of Grant"); on each anniversary date of the Date of Grant, additional 1/4 of the options will vest; provided, however, the options will stop vesting in the event that the Reporting Person's continuous service terminates (other than upon the Reporting Person's death or disability) while the options will continue vesting in the event that the Reporting Person's continuous service terminates as a result of the Reporting Person's death or disability. 50% vest on April 3, 2020 and 50% vest on April 3, 2021. 50% vest on March 31, 2021 and 50% vest on March 31, 2022. 50% vest on August 23, 2023 and 50% vest on August 23, 2024. The exercise price is reduced to $0.46 per share from $1.25 per share. /s/ Aaron Keay 2022-08-30