FTLF · Fitlife Brands, Inc.

Represents non-qualified stock options granted in connection with the Reporting Person's appointment as President, issued pursuant to the Issuer's 2019 Omnibus Incentive Plan.

One-third (1/3) of the stock options vest on the one-year anniversary of the grant date, with the remainder vesting in equal increments on each of the second and third anniversary thereafter, subject to continued service.

Represents incentive stock options granted in connection with the Reporting Person's appointment as President, issued pursuant to the Issuer's 2019 Omnibus Incentive Plan.

One-third (1/3) of the stock options vest on the one-year anniversary of the grant date, with the remainder vesting in equal increments on each of the second and third anniversary thereafter, subject to continued service.

Represents performance stock units ("PSUs") granted in connection with the Reporting Person's appointment as President, issued pursuant to the Issuer's 2019 Omnibus Equity Incentive Plan. Each PSU represents a contingent right to receive one share of the Issuer's common stock upon vesting, subject to continued service. The PSU will vest on such date that the 30 day volume weighted average price ("VWAP") for shares of the Issuer's common stock meets or exceeds $20.00, and expire on the fifth anniversary of the grant date if not then vested.

The shares were purchased following approval by the Board of Directors to temporarily extend the trading window under the Company's Insider Trading Policy, given the disclosure by the Company of the expected range of operating results for the quarter ending March 31, 2026 and the absence of undisclosed material information.

The shares were purchased following approval by the Board of Directors to temporarily extend the trading window under the Company's Insider Trading Policy, given the disclosure by the Company of the expected range of operating results for the quarter ending March 31, 2026 and the absence of undisclosed material information.

The reported purchase was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.29 to $15.75 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote to this Form 4.

One-fourth of the stock options vest immediately on the date of the grant, with the remainder vesting in three equal annual installments thereafter.

The reported purchase occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

The shares were purchased following approval by the Board of Directors to temporarily extend the trading window under the Company's Insider Trading Policy, given the disclosure by the Company of the expected range of operating results for the quarter ending March 31, 2025 and the absence of undisclosed material information.

The stock options were fully vested on February 5, 2024

The reported price in Column 4 is a weighted average price. These shares were purchased as approved by the Issuer's board of directors in multiple transactions at prices ranging from $12.5868 to $12.80 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (1) to this Form 4.

The reported purchase occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

The stock options were fully vested on July 31, 2020.

One-fourth of the stock options vest immediately on the date of the grant, with the remainder vesting in three equal annual installments thereafter.

The stock options were fully vested on July 31, 2020.

One fourth of the stock options vest immediately on the date of the grant, with the remainder vesting in three equal annual installments thereafter.

One fourth of the stock options vest immediately on the date of the grant, with the remainder vesting in three equal annual installments thereafter.

One third of the stock options vested on the grant date of July 31, 2018, with the remainder vesting equally in two annual installments thereafter.

Options were issued on May 9, 2016, and vest in equal monthly increments over three years.

One fourth of the stock options vest immediately, with the remainder vesting equally in three annual installments thereafter, becoming fully vested on February 5, 2024.

Represents grant of restricted share units ("RSU"). Each RSU converts into one share of the Issuer's common stock upon vesting. The RSUs will vest as follows: (i) 10,000 shares at such date that the 30 day volume weighted average price ("VWAP") for shares of the Issuer's common stock meets or exceeds $30.00, (ii) 10,000 shares at such date that the 30 day VWAP for shares of the Issuer's common stock meets or exceeds $36.00, (iii) 10,000 shares at such date that the 30 day VWAP for shares of the Issuer's common stock meets or exceeds $42.00, and (iv) 10,000 shares at such date that the 30 day VWAP for shares of the Issuer's common stock meets or exceeds $48.00.

One fourth of the stock options vest immediately, with the remainder vesting equally in three annual installments thereafter, becoming fully vested on February 5, 2024.

Shares issued in lieu of cash compensation for director fees in connection with the Reporting Person's service on the Issuer's Board of Directors.

The shares were sold to Sudbury Holdings LLC by Lewis Jaffe, a Director of Fitlife Brands, Inc, in a private transaction consummated on October 16, 2020. Mr. Judd exercises sole voting and dispositive power over the shares held by Sudbury Holding, LLC.

The shares were sold to Sudbury Holdings, LLC, a 10% owner of Fitlife Brands, Inc., in a private transaction consummated on October 16, 2020.

Shares issued in lieu of cash compensation for director fees in connection with the Reporting Person's service on the Issuer's Board of Directors.

Shares issued in lieu of cash compensation for director fees in connection with the Reporting Person's service on the Issuer's Board of Directors.

Shares issued in lieu of cash compensation for director fees in connection with the Reporting Person's service on the Issuer's Board of Directors.