Changes in Control (Form 1-U)

ITEM 5.01 - Changes in Control of the Issuer

On June 4, 2025, Logan Fahey Franz and Randy Samsel, the only then-serving members of the Board of Directors of Graze, Inc. (the "Company"), submitted their formal resignations from the Board of Directors, effective immediately. These resignations were executed by written consent pursuant to Section 141(f) of the Delaware General Corporation Law and the Company's Bylaws.

The resignations follow the Company's receipt and limited review of stockholder consents purporting to appoint new directors to the Board. While the Company has not independently verified all aspects of those consents, the resigning directors have determined that it is in the best interests of the Company and its stakeholders to facilitate an orderly transition.

A copy of the written consent of resignation executed by the directors has been retained in the Company's corporate records.

The Company expects additional updates to its Board composition and corporate governance structure in the near term and will disclose any further material developments as required under applicable regulations.