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.

• Only holders of Class A subordinate voting shares or their proxies as of September 25, 2025, were entitled to vote.

• Meeting materials and management information circular were made available online.

• Rules for virtual meeting conduct and voting procedures were outlined, including use of the Lumi system.

• Secretary and scrutineer roles were designated, and proper notice of meeting was confirmed.

Shareholder proposals

• The sole item of business was a special resolution to approve a plan of arrangement for continuance from British Columbia to Nevada.

• Motion to approve the plan of arrangement was moved and seconded.

Q&A with stakeholders

• Shareholders could submit questions about the proposal via the Lumi messaging interface.

• Only questions relevant to the proposal were addressed; redundant or off-topic questions were not answered.