Transaction Details

Footnotes

The reporting person is voluntarily reporting the acquisition of shares of the Issuer's Common Stock pursuant to the Duos Technologies Group, Inc. Employee Stock Purchase Plan (the "ESPP"). The transaction is also exempt under Rule 16b-3(c). | In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Common Stock on the relevant measurement date. | The shares were granted pursuant to the Issuer's 2021 Equity Incentive Plan, as amended, and are subject to a three-year cliff vesting period. All of the shares vest on December 31, 2028. | These options were granted on April 1, 2023. The options vest over three years, with one third vesting each year. As of the date hereof, options to purchase 6,667 shares have vested and are exercisable.