Affiliate Guarantor of Reed’s, Inc.

Exhibit 22(ii)

Affiliate Guarantor of Xxxx’x, Inc.

On March 11, 2021, Xxxx’x, Inc. (“Xxxx’x) entered into an amendment to that certain Financing Agreement dated October 4, 2018,as amended or supplemented, with its senior secured lender, Xxxxxxxxx & Xxxxxxxxx, Inc. (“Xxxxxxxxx”) releasing that irrevocable standby letter of credit by Xxxxxx X. Xxxxxxx, III and Xxxxxx X. Xxxxxxx, III 2002 Family Trust in the amount of $1.5 million, which letter of credit served as financial collateral for certain obligations of Xxxx’x under the Xxxxxxxxx credit facility, with a $2 million dollar pledge of securities to Xxxxxxxxx by Xxxx X. Xxxxx and Xxxxx X. Xxxxx, as Co-Trustees of The Xxxx and Xxxxx Xxxxx Revocable Living Trust, under trust agreement dated December 3, 2012, evidenced by that certain Pledge Agreement to Xxxxxxxxx (“Xxxxx Pledge”). Pledged securities do not includes securities in Xxxx’x, Inc.

Xxxx Xxxxx, current Chairman and former Interim Chief Executive Officer of Xxxx’x, is a related party. He is also a greater than 5% beneficial owner of common stock of Xxxx’x, Inc. As consideration for the Bello Pledge, Xx. Xxxxx received 400,000 shares of Xxxx’x restricted stock from Xxxx’x.