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[PRESS RELEASE] – CHICAGO, Oct. 6, 2025 – Verano Holdings Corp., a leading multistate cannabis company, is advising shareholders that due to the ongoing Canadian postal strike, the company’s meeting materials for its upcoming special meeting, scheduled for 9:30 a.m. CDT on Oct. 27, 2025, may not be delivered to all shareholders prior to the meeting date.
The meeting materials may be accessed on the company’s SEDAR+ profile at www.sedarplus.ca, on its EDGAR at www.sec.gov, and are also available on its website at https://investors.verano.com/events-presentations/events.
The company is working to mail the meeting materials in the normal course, but due to the postal strike in Canada, there can be no assurance that the meeting materials will be delivered to all shareholders’ respective addresses before the meeting.
In light of the Canadian postal strike, shareholders are advised to cast their vote online rather than sending their proxy by mail. In the event a shareholder received the meeting materials and mailed their vote, the company asks that shareholders recast their votes online to ensure their voting instructions are received on time. Notwithstanding the proxy cut-off time stated in the meeting materials, the company will accept votes submitted by proxy until at least 9:30 a.m. Central Time on Oct. 24, 2025. Beneficial shareholders should submit their votes at least 24 hours before the proxy cut-off time.
Registered shareholders, who are shareholders holding their shares directly of record, may request a control number or receive assistance to vote their shares at the meeting by utilizing the “Chat with Odyssey Trust” function at https://odysseytrust.com/contact/ or by contacting Odyssey Trust Company at 1-888-290-1175 (toll-free in North America) or at 1-587-885-0960 (direct from outside of North America).
Beneficial shareholders, who are shareholders holding their shares through a brokerage firm or other intermediary and who have not received their voting instructions, should contact their intermediary to request instructions for the meeting. Beneficial shareholders should submit their votes at least 24 hours before the proxy cut-off time.
Further, as set forth in the meeting materials, each registered shareholder has the right to dissent in respect of the proposal to be voted on at the special meeting to approve the plan of arrangement described in the meeting materials. Dissent rights may be exercised in accordance with the provisions of sections 237 to 247 of the Business Corporations Act (British Columbia), as may be modified and supplemented by the plan of arrangement, the interim order and a final order made by the court approving the plan of arrangement.
To exercise dissent rights, a written notice of dissent must be received by the company in care of Fasken Martineau DuMoulin LLP, at 2900 – 550 Burrard St., Vancouver, BC V6C 0A3, Canada, to the attention of Mark Pontin by 9:30 a.m. (PDT) on Oct. 23, 2025, or if the meeting is postponed or adjourned, two business days before the date to which the meeting is postponed or adjourned.
