Innovative Food Holdings grants COO Brady Smallwood 1.5M fully vested SARs in lieu of stock options

INNOVATIVE FOOD HOLDINGS INC

COO Brady Smallwood receives 1.5M SARs, fully vested, expiring Dec 31, 2026; exercise prices: $2.00 (750k) and $1.50 (750k).
SARs replace previously disclosed sign-on stock option grant on same economic terms.
Board adopted a new Code of Ethical Conduct, effective July 7, 2023, superseding prior code.

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