TerrAscend (TER) AGM 2026 summary

Opening remarks and agenda

• The meeting was called to order as a fully virtual event to maximize shareholder participation regardless of location.

• Jason Wild presided as chair, with Lynn Gefen as secretary and David Martin as scrutineer.

• Notice and meeting materials were properly distributed to shareholders as of the record date, and quorum was confirmed.

Shareholder proposals

• The sole item of business was a share consolidation resolution, proposing to consolidate all issued and outstanding shares at a ratio between 1-for-5 and 1-for-20, to be determined by the Board.

• Fractional shares resulting from the consolidation would be cancelled for no consideration.

Overview of voting outcomes

• Voting was conducted online, with shareholders able to change or cancel their votes during the meeting.

• The share consolidation resolution required a two-thirds majority to pass.

• The resolution was approved with the requisite shareholder support.

• Voting results will be announced via press release and Form 8-K.