Verano (VRNO) AGM 2025 summary

Opening remarks and agenda

• Meeting called to order by CEO and Chairman, with conduct overview provided by the Chief Investment Officer.

• Voting procedures, eligibility, and virtual meeting rules explained, including use of the LumiSystem for electronic ballots.

• Attestations of proper notice and quorum confirmed, with formal reports annexed to the minutes.

Board and executive committee updates

• Number of directors fixed at five for the ensuing year, with all current directors nominated and confirmed as eligible.

• Election of directors held, with all nominees prepared to serve until the next annual meeting or until successors are appointed.

Shareholder proposals

• Shareholders voted on fixing the number of directors, election of directors, executive compensation, and auditor appointment.

• Shareholder questions and objections were addressed, including concerns about executive compensation and board actions.