Cronos Group (CRON) Proxy Filing summary

Executive summary

• The annual meeting will be held virtually on June 20, 2025, with shareholders voting on director elections, executive compensation, and auditor appointment.

• Shareholders can vote online, by phone, or by mail, and detailed instructions are provided for both registered and non-registered shareholders.

• Altria Group, Inc. holds approximately 40.6% of outstanding shares and has significant governance rights, including board representation and approval rights over major transactions.

• The company emphasizes environmental stewardship by providing proxy materials online and reducing printing and mailing costs.

Voting matters and shareholder proposals

• Shareholders will vote on electing seven directors, an advisory resolution on executive compensation, and the appointment of Davidson & Company LLP as independent auditor for 2025.

• The board recommends voting in favor of all proposals.

• Shareholders may submit proposals for the 2026 annual meeting by January 8, 2026, for SEC inclusion, or March 20, 2026, under BCBCA rules.

• Advance notice provisions apply for director nominations by shareholders.

Board of directors and corporate governance

• The board consists of seven directors, with four designated by Altria under the Investor Rights Agreement.

• Two directors are independent under NASDAQ and NI 58-101; the rest are affiliated with Altria or management.

• The board has Audit and Compensation Committees, both with independent chairs.

• The board conducts annual assessments of its effectiveness and that of its committees and directors.

• Diversity is considered in board and executive officer appointments, with current representation including women and racially/ethnically diverse members.