Chief Financial Officer — Fred A. Graffam III: The company hired a new CFO with significant experience.

Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review. On January 16, 2026, the Audit Committee of the Board of Directors of Lightwave Logic, Inc. (the “Company”), following consultation with management, concluded that the Company’s previously issued financial statements for the quarter ended June 30, 2025 should no longer be relied upon due to the Company having incorrectly expensed a portion of the value of the net shares issued by the…

Principal Financial Officer and Principal Accounting Officer — Snizhana 'Ana' Quan: Ms. Quan was promoted to Principal Financial Officer and Principal Accounting Officer following the retirement of James S. Marcelli.

Unregistered Sales of Equity Securities. The information contained in

Entry into a Material Definitive Agreement. On December 15, 2025, Lightwave Logic, Inc., a Nevada corporation (the “Company”), entered into an underwriting agreement (the “Underwriting Agreement”) with Titan Partners Group LLC, a division of American Capital Partners, LLC, as the underwriter (the “Underwriter”), relating to an underwritten public offering of 11,666,667 shares of the Company’s common stock, par value $0.001 per share (“Common Stock”), at a price to the public of $3.00 per shar…

Termination of a Material Definitive Agreement. On December 12, 2025, Lightwave Logic, Inc. (the "Company") delivered notice to Lincoln Park Capital Fund, LLC ("Lincoln Park") terminating the Purchase Agreement, dated March 17, 2025 (the "Purchase Agreement"), with Lincoln Park effective December 15, 2025 (the "Termination Date"). The Purchase Agreement provided that, upon the terms and subject to the conditions and limitations set forth therein, the Company had the right to sell to Lincoln P…

President — Tom Zelibor: Tom Zelibor is retiring from his role as President, and Yves LeMaitre will assume the role.

Termination of Material Agreement. On December 1, 2025, Lightwave Logic, Inc. (the “Company”) terminated its consulting agreement, dated December 11, 2024, with Siraj Nour El-Ahmadi, a member of the Board of Directors of the Company (the “Consulting Agreement”) effective December 31, 2025. Pursuant to the terms of the Consulting Agreement, Mr. El-Ahmadi agreed to provide engineering, other technical and related services to our Company as an Acting Vice President of Engineering. The term of th…

Chief Executive Officer — Yves LeMaitre: New employment agreement with existing CEO, Yves LeMaitre, includes updated compensation and equity details.

Other Events. On March 21, 2025, Lightwave Logic, Inc., a Nevada corporation (the “ Company ”) filed a prospectus supplement with the Securities and Exchange Commission to the Company’s Shelf Registration Statement on Form S-3 (File No. 333-281059) registering shares of the Company’s common stock, par value $0.001 per share (the “ Shares ”), issuable pursuant to its purchase agreement dated March 17, 2025 with Lincoln Park Capital Fund, LLC (the “ Purchase Agreement ”). Snell & Wilmer, L.L.P.…

Director — Fred Leonberger: Dr. Fred Leonberger resigned from the Board of Directors due to retirement and joined the Advisory Board.

Chief Executive Officer — Yves LeMaitre: Appointment of a new CEO with extensive industry experience.

Change in Regisrant’s Certifying Accountant (a) Resignation of Independent Registered Public Accounting Firm. On September 30, 2024, Morison Cogen LLP (“Morison”) resigned as the Company’s independent registered public accounting firm, effective immediately. Morison’s reports on the Company’s financial statements for the fiscal years ended December 31, 2023 and 2022 did not contain an adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope…

Director — Thomas M. Connelly, Jr.: Appointment of Thomas M. Connelly, Jr. to the Board as a Class III director.

Other Events. On August 9, 2024, Lightwave Logic, Inc., a Nevada corporation (the “ Company ”) filed a prospectus supplement with the Securities and Exchange Commission (the “ SEC ”) to the Company’s Shelf Registration Statement on Form S-3 (File No. 333-281059) (the “ Registration Statement ”) registering shares of the Company’s common stock, par value $0.001 per share (the “ Purchase Shares ”), issuable pursuant to its purchase agreement dated February 28, 2023 with Lincoln Park Capital Fun…

Director — Yves Le Maitre: Appointment of Yves Le Maitre to serve as a Class I member of the Board.

Material Modification To Rights Of Security Holders. To the extent required by

Compensatory arrangements and equity grants for existing executives.

Director — Laila Partridge: Appointment of Laila Partridge to the Board of Directors.

Director — Laila Partridge: Appointment of Laila Partridge to the Board of Directors.

The filing details the extension of employment agreements for Dr. Michael S. Lebby and James S. Marcelli.

The filing details amendments to employee agreements for the CEO and COO, including salary changes and stock option grants.

Other Events. On March 3, 2023, Lightwave Logic, Inc., a Nevada corporation (the “ Company ”) filed a prospectus supplement with the Securities and Exchange Commission to the Company’s Shelf Registration Statement on Form S-3 (File No. 333-257670) registering shares of the Company’s common stock, par value $0.001 per share (the “ Shares ”), issuable pursuant to its purchase agreement dated February 28, 2023 with Lincoln Park Capital Fund, LLC (the “ Purchase Agreement ”). Snell & Wilmer, L.L.…

Entry into a Material Definitive Agreement. On December 9, 2022, Lightwave Logic, Inc. (the “Company”) entered into a Sales Agreement (the “Sales Agreement”) with Roth Capital Partners, LLC, as agent (the “Sales Agent”). Pursuant to the Sales Agreement, the Company may offer and sell up to $35,000,000 in shares of common stock, par value $0.001 per share (the “Shares”), from time to time through the Sales Agent. The Company is also filing a prospectus supplement with the Securities and Exchan…