Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 11, 2026, the Board of Directors (the “Board”) of Willamette Valley Vineyards, Inc. (the “Company”) appointed Mr. Christopher Riccardi and Mr. Greg Voorhies as directors on the Board effective July 11, 2026. Mr. Riccardi and Mr.…
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 11, 2026, the Board of Directors (the “Board”)
of Willamette Valley Vineyards, Inc. (the “Company”) appointed Mr. Christopher Riccardi and Mr. Greg Voorhies as directors
on the Board effective July 11, 2026. Mr. Riccardi and Mr. Voorhies are members of directors group III with a term expiring at the
Company’s 2028 annual meeting of shareholders.
In connection with their appointment to the Board,
Mr. Riccardi and Mr. Voorhies will receive compensation in accordance with the WVV Board Member Compensation Plan as described in the
section entitled “Director Compensation” in the Company’s definitive proxy statement on Schedule 14A filed with the
U.S. Securities and Exchange Commission on May 28, 2026.
There are no arrangements or understandings between
Mr. Riccardi or Mr. Voorhies and any person pursuant to which Mr. Riccardi or Mr. Voorhies was appointed as a director on the Board. Further,
there are no transactions between Mr. Riccardi or Mr. Voorhies and the Company that would require disclosure under Item 404(a) of Regulation
S-K.