X0508 4 2025-11-13 0001141197 PEDEVCO CORP PED 0001839077 Schmidt Joshua C/O PEDEVCO CORP. 575 N. DAIRY ASHFORD ENERGY CENTER II SUITE 210 HOUSTON TX 77079 true false Common Stock 2025-11-13 4 A false 196359 0 A 196359 D Common stock 2025-11-13 4 J false 196359 0 D 196359 D The shares of Restricted Common Stock were issued to the Reporting Person pursuant to the Issuer's 2021 Equity Incentive Plan and are subject to forfeiture. The shares vest at the rate of (i) 25% of the shares on the three (3) month anniversary of October 31, 2025; (ii) 25% on the six (6) month anniversary of October 31,2025; (iii) 25% on the nine (9) month anniversary of October 31, 2025; and (iv) 25% on the twelve (12) month anniversary of October 31, 2025, subject to the Reporting Person's continued service to the Issuer on such vesting dates, and subject to the terms and conditions of a Restricted Shares Grant Agreement entered into by and between the Issuer and the Reporting Person. Exempt from Section 16(b) pursuant to Rule 16b-3. Issued to the Reporting Person in consideration for services rendered and agreed to be rendered as a member of the Board of Directors of the Issuer. As a designated director of affiliates of Juniper Capital Advisors, L.P. (collectively, "Juniper"), upon grant the shares of Restricted Common Stock were immediately transferred to Juniper. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any. See Power of Attorney filed as Exhibit 24.1 to the Form 3 filed by Reporting Person on November 10, 2025. /s/ Clark R. Moore, attorney-in-fact for Josh Schmidt 2025-11-17