EXHIBIT 1
Annex A
Transactions in the Shares of Common Stock by the Reporting Person Within the Last Sixty Days
Forza Merger
In connection with the Forza Merger, each share of Forza common stock was exchanged for 0.611666275 shares of Twin Vee Common Stock on the effective date of the Merger. As a result, on November 26, 2024, in connection the consummation of the Forza Merger, the Reporting Person received (i) 60,213 shares of Twin Vee Common Stock in exchange for 98,442 shares of Forza common stock, (ii) an option to purchase 244,666 shares of Twin Vee Common Stock which was exchanged for an option to purchase 400,000 shares of Forza common stock; (iii) an option to purchase 61,666 shares of Twin Vee Common Stock which was exchanged for an option to purchase 100,000 shares of Forza common stock; and (iii) an option to purchase 88,079 shares of Twin Vee Common Stock which was exchanged for an option to purchase 144,000 shares of Forza common stock.
Vesting of Options
During the last 60 days, 60,773 stock options to acquire shares of Twin Vee Common Stock previously granted under the Issuer’s equity plans vested.
The reporting person currently has the following outstanding options pursuant to the Issuer’s equity plans:
| Date of option grant | Number of shares | Exercise Price Per Share | Vesting Schedule | Expiration Date | Portion Vested at 12/31/2024 (1) |
| 7/23/2021 | 272,000 | $5.80 | Vesting monthly over 3 years. | 6/8/2031 | 272,000 |
| 10/20/2022 | 250,000 | $2.01 | Vesting monthly over 3 years. | 10/19/2032 | 180,556 |
| 6/26/2024 | 300,000 | $0.57 | Vesting monthly over 2 years. | 6/25/2034 | 75,000 |
| Exchanged in Forza Merger | 244,666 | $8.17 | Vesting monthly over 3 years, commencing 9/1/2022 | 08/11/2032 | 183,500 |
| Exchanged in Forza Merger | 61,166 | $2.17 | Vesting monthly over 3 years, commencing 1/15/2023 | 12/15/2032 | 39,078 |
| Exchanged in Forza Merger | 88,079 | $1.138 | Vesting monthly over 3 years, commencing 11/4/2023 | 10/04/2033 | 31,806 |
The vesting of the unvested options described above will increase the Reporting Person’s beneficial ownership of Common Stock.