Ammo, Inc. holds 2023 annual meeting; all proposals approved

Proposal 2: Ratification of the Appointment of Pannell Kerr Forster of Texas, P.C. as the Company’s Independent Registered Public Accounting Firm. The shareholders ratified the appointment of Pannell Kerr Forster of Texas, P.C. as the Company’s independent registered public accounting firm, as recommended by the Company’s board of directors. For Against Abstentions 60,970,715 293,367 774,640

Proposal 3: Approval of the Stock Incentive Plan Amendment Proposal. The shareholders approved the Ammo, Inc. 2017 Equity Incentive Plan amendment. For Against Abstentions Broker Non-Votes 30,794,026 27,938,690 1,571,111 1,734,895

Proposal 1: Election of Nine Directors to Serve until the 2024 Annual Meeting. Each nominee was elected by the Company’s shareholders, as recommended by the Company’s board of directors: Nominee For Abstain Broker-Non Votes Fred W. Wagenhals 55,732,198 4,717,546 1,588,978 Russell William Wallace, Jr. 51,059,614 9,244,214 1,734,894 Jared R. Smith 57,498,351 2,805,477 1,734,894 Randy E. Luth 51,790,454 8,513,374 1,734,894 Jessica M. Lockett 47,618,935 12,684,893 1,734,894 Steven F. Urvan 53,192,510 7,111,318 1,734,894 Richard R. Childress 51,188,094 9,115,734 1,734,894 Wayne Walker 54,178,508 6,125,320 1,734,894 Christos Tsentas 52,459,236 7,844,592 1,734,894