Group 1 - The meeting is being held both in person and virtually, allowing shareholders and proxies to participate through a live audio webcast [2] - A quorum is present, enabling the meeting to proceed with discussions and voting on various items [2][3] - Voting has been opened on all items of business, with prior votes and proxy appointments acknowledged [3] Group 2 - Procedural steps for voting and submitting questions will be outlined for both in-person and online attendees [4] - The Managing Director and Chief Executive will follow the initial address with their own presentation [4]

Core Points - The meeting is a Special Meeting of shareholders of Verano, chaired by the CEO and Chairman, George Archos [1] - The Chief Investment Officer, Aaron Miles, outlines the voting eligibility for the meeting, which includes holders of Class A subordinate voting shares as of the record date of September 25, 2025 [2] - The meeting is conducted virtually via live audiocast, with electronic voting through the Lumi system for registered shareholders and validly appointed proxy nominees [3] Voting Procedures - Voting on all matters will be conducted by electronic ballot, and only registered shareholders and validly appointed proxy nominees can participate [3] - Votes cast during the meeting will supersede any previously submitted proxy votes, advising shareholders who do not wish to change their vote to refrain from voting again [3]

Meeting Overview - The company held its 2025 second H-share class shareholder meeting on June 26, 2025, alongside the 2024 annual shareholder meeting and the 2025 second A-share class shareholder meeting [1] - The meeting was conducted in compliance with relevant laws and regulations, including the Company Law and the rules of the Shenzhen Stock Exchange and Hong Kong Stock Exchange [1] Attendance - A total of 913 shareholders and representatives attended the 2024 annual shareholder meeting, representing 1,741,882,685 shares, which is 41.2549% of the total voting shares [2] - For the 2025 second A-share class shareholder meeting, 912 A-share shareholders and representatives attended, representing 1,601,295,423 shares, or 46.4323% of the total A-share voting shares [3] - The 2025 second H-share class shareholder meeting had 1 H-share shareholder and representative present, representing 172,622,573 shares [6] Voting Results - The voting for the 2024 annual shareholder meeting included several proposals, with results indicating a majority agreement on key resolutions [4][7] - Specific proposals included amendments to the company's articles of association and rules for shareholder meetings, as well as general authorizations for share repurchases and bond issuances [8] - The resolutions were passed with more than two-thirds of the voting rights present at the meeting [8] Legal Compliance - The legal representatives from Beijing Jingtian Gongcheng Law Firm confirmed that the meetings were convened and conducted in accordance with applicable laws and regulations, ensuring the validity of the proceedings [10]