CHICAGO, Oct. 06, 2025 — Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, is advising shareholders that due to the ongoing Canadian postal strike, the Company’s meeting materials (the “Meeting Materials”) for the Company’s upcoming special meeting to be held on October 27, 2025 at 9:30 a.m. (CDT), 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 profile 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 prior to the Meeting.
In light of the Canadian postal strike, shareholders should cast their vote online and not send 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 in a timely manner. 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 October 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 October 23, 2025 or if the Meeting is postponed or adjourned, two business days before the date to which the Meeting is postponed or adjourned.
About Verano
Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF), one of the U.S. cannabis industry’s leading companies based on historical revenue, geographic scope and brand performance, is a vertically integrated, multi-state operator embracing a mission of saying Yes to plant progress and the bold exploration of cannabis. Verano provides a superior cannabis shopping experience in medical and adult use markets under the Zen Leaf™ and MÜV™ dispensary banners, including Cabbage Club™, an innovative annual membership program offering exclusive benefits for cannabis consumers. Verano produces a comprehensive suite of high-quality, regulated cannabis products sold under its diverse portfolio of trusted consumer brands including Verano™, (the) Essence™, MÜV™, Savvy™, BITS™, Encore™, and Avexia™. Verano’s active operations span 13 U.S. states, comprised of 15 production facilities with over 1.1 million square feet of cultivation capacity. Learn more at Verano.com.
