Hydrofarm settles claims, issues 300,000 convertible preferred shares

HYDROFARM HOLDINGS GROUP, INC.

Hydrofarm entered an agreement and mutual release on October 5, 2026 settling all claims by the parties related to their engagement.
Company agreed to issue 300,000 shares of newly designated non-voting convertible preferred stock, convertible into 300,000 common shares upon stockholder approval.
Issuance relies on Section 4(a)(2) and Rule 506(b); recipient represented it is an accredited investor; no general solicitation used; shares carry transfer restrictions.
Presentation dated October 7, 2026 posted to the Investors section of hydrofarm.com and filed as Exhibit 99.1.
Report signed October 9, 2026 by CEO and Chairman of the Board William Toler.

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