Willamette Valley Vineyards, Inc.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 19, 2026, the board of directors of Willamette Valley Vineyards, Inc. (the “Company”) appointed Mr. John Hazlett as the Company’s Chief Financial Officer effective May 20, 2026. Mr. Hazlett, 51, has served as the founding partner of Trailwise Advisory Services, a provider of fractional CFO and financial advisory services, since January 2025. From December 2021 to December 2024, he served as Chief Financial Officer of RENA Technologies North America, a semiconductor equipment manufacturer. From March 2018 to March 2020, he served as Chief Financial Officer of Climax Portable Machine Tools. Earlier in his career, he held senior financial leadership roles at Eaton Corporation and Microsoft beginning in 2002. Mr. Hazlett holds an MBA from Baldwin Wallace University and a Bachelor of Science in Accounting and Finance from Bowling Green State University. He also maintains an active Certified Public Accountant license in the State of Ohio. Mr. Hazlett was not appointed as the Company’s Chief Financial Officer pursuant to any arrangement or understanding with any other person. Mr. Hazlett has no family relationships with any current director, director nominee, or executive officer of the Company, and there are no transactions or proposed transactions, to which the Company is a party, or intended to be a party, in which Mr. Hazlett has, or will have, a material interest subject to disclosure under Item 404(a) of Regulation S-K. Under the terms of an employment agreement between Mr. Hazlett and the Company (the “Employment Agreement”) dated May 19, 2026, Mr. Hazlett will receive a base salary of $216,000 per year. Additionally, Mr. Hazlett is eligible to receive an annual performance-based incentive payment of up to $24,000. Performance goals will be established annually by the Company’s President. The foregoing summary does not purport to be complete and is qualified in its entirety by reference to the complete copy of the Employment Agreement which is filed herewith as Exhibit 10.1 Mr. Hazlett is replacing Mr. John Ferry who on February 12, 2026 announced his intention to retire as the Company’s Chief Financial Officer. Mr. Ferry will continue his employment with the Company during a yet to be determined transition period.