Blum Holdings Inc (BLMH)

[mfdesigner]

Mr. Peterson earned total cash compensation for his services to the Company in fiscal years 2015 and 2014 in the amount of $78,000 and $201,000, respectively. This represents his annual base salary for fiscal 2015 and 2014. The base salary paid to Mr. Peterson for fiscal years 2015 and 2014 constituted approximately 59.66% and 38.75%, respectively, of the total compensation paid to Mr. Peterson as set forth in the "Total" column in the Summary Compensation Table.


Mr. Peterson also received $6,000 as set forth in the "All Other Compensation" column, which represents a car allowance of $500 per month for the years 2015 and 2014.