TerrAscend (TER) AGM 2024 summary

Opening remarks and agenda

• Meeting held virtually to maximize shareholder participation, replicating the in-person experience.

• Shareholders encouraged to submit questions on formal business items via the online platform.

• Three main business items: election of directors, ratification of auditor appointment and remuneration, and approval of a stock option extension resolution.

• Notice of meeting and management information circular properly provided to shareholders as of April 24, 2024.

Corporate governance

• Voting conducted online, with options to vote or change votes during the meeting; previously submitted proxies remain valid unless revoked.

• Quorum confirmed, and meeting duly constituted for business.

• Scrutineer's report and confirmation of notice mailing to be attached to meeting minutes.

Board and executive committee updates

• Five directors nominated: Craig Collard, Kara DioGuardi, Ira Duarte, Ed Schutter, and Jason Wild, to serve until the next AGM.

• No additional nominations received; nominations closed as per bylaws.