X0206 3 2022-03-07 0 0001547459 Natural Grocers by Vitamin Cottage, Inc. NGVC 0001914587 Kemper & Virginia Isely 2012 Irrevocable Family Trust C/O NATURAL GROCERS BY VITAMIN COTTAGE 12612 WEST ALAMEDA PARKWAY LAKEWOOD CO 80228 1 13D Group Member Common Stock 550849 D On March 7, 2022, the Reporting Person executed a Joinder Agreement pursuant to which it agreed that all shares of Common Stock are subject to the provisions of a Stockholders Agreement that contains voting agreements. As a result, the Reporting Person is member of a Schedule 13D group that beneficially owns more than 10% of the Issuer's Common Stock. Exhibit Index: Exhibit 24 – Power of Attorney /s/ Kemper Isely, By Power of Attorney 2022-03-09