Curaleaf Announces Proposed Domestication to Delaware

Core Viewpoint - Curaleaf Holdings, Inc. plans to seek shareholder approval for a proposed arrangement to continue its operations from British Columbia, Canada to Delaware, United States, which is expected to enhance its strategic objectives and streamline its organizational structure [1][2]. Group 1: Proposed Arrangement - The proposed arrangement includes the continuation of Curaleaf from British Columbia to Delaware, with all existing subordinate voting shares being converted to Delaware subordinate voting shares [2]. - The arrangement will not result in any material changes to the Company's business or operations [3]. Group 2: Shareholder Approval Process - Curaleaf intends to send a management information circular to shareholders and hold a special meeting on or about February 23, 2026, to seek approval for the arrangement [4]. - Approval requires a two-thirds majority (66 2/3%) of the votes cast by holders of subordinate voting shares and multiple voting shares [5]. Group 3: Implementation and Future Steps - The board of directors will determine the timing for implementing the arrangement, subject to necessary approvals, and may choose not to proceed if it is not in the best interests of the Company [6]. - After the arrangement, the Delaware subordinate voting shares are expected to continue trading on the Toronto Stock Exchange and OTCQX under the same trading symbols [7].