Cresco Labs (CL) EGM 2024 summary

Opening remarks and agenda

• Meeting called to order with rules for virtual participation and voting outlined.

• Notice of meeting and related materials were mailed to shareholders of record.

• Meeting held on July 10, 2024, to address annual general and special matters.

Specific resolutions to be voted on

• Board size fixed at eight directors for the ensuing year.

• Election of eight directors as nominated in the Management Information Circular, all approved by majority vote.

• Appointment of Marcum LLP as auditor and authorization for board to fix remuneration; Marcum LLP reappointed for the next year.

• Amended and Restated 2018 Long-Term Incentive Plan approved, increasing share pool by 20,000,000 shares.

• Option Exchange Program approved, allowing employees to exchange out-of-the-money options for fewer new options.

Board and executive committee updates

• Eight directors elected: Charles Bachtell, Tarik Brooks, Gerald F. Corcoran, Marc Lustig, Thomas J. Manning, Randy D. Podolsky, Michele Roberts, Robert M. Sampson.

• Nominees for director positions listed, with no other nominations received.