Company: CGC
Filing Date: 2025-08-07
Form Type: DEF 14A
Source: 0001104659-25-075215
Chunk: 2

Company: Canopy Growth Corp
Filing Date: 2025-08-07
Form: DEF 14A
Chunk 2
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 attended by all members of the Board. For more on continuing education of the Board, see “Board of Directors, Committees and Governance − Orientation and Continuing Education” on page 29.                                                                                                                             | ​ |
| ​ | Director Engagement with Shareholders      | ​ | ​ | The Company values input from its Shareholders and is respectful of their right to communicate any concerns they may have to leadership of the Company. Considering the above, Shareholders or other interested parties may arrange to communicate directly with members of the Board or committees of the Board, the Chair of the Board, a Chair of a committee of the Board or the Board or committees of the Board as a group by writing to them in the care of the Board of Directors, Canopy Growth Corporation, 1 Hershey Drive, Smiths Falls, ON, K7A 3K8. We will forward all such communications (other than unsolicited advertising materials) to the applicable members of the Board or committees of the Board. The Company reserves the right to edit profanity or other inappropriate language, or to exclude questions that are not pertinent to Board or committee matters or that are otherwise inappropriate. | ​ |

TABLE OF CONTENTS Compensation Strategy and Decisions Executive Compensation Decisions in Fiscal 2025 The CGCN Committee recommends to the Board the Company’s approach to executive compensation, including the compensation of the Chief Executive Officer (“ CEO ”) and his direct reports. Following a comprehensive review of our compensation philosophy, policies and incentive programs in the fiscal year ended March 31, 2025, the Company continued to apply its enhanced approach to executive compensation in a challenging Fiscal 2025 environment. Luc Mongeau Luc Mongeau’s compensation package was designed to reflect both market benchmarks and the unique dynamics of the cannabis industry, which remains volatile. Mr. Mongeau’s total compensation consists of a base salary of C$975,000, a short-term incentive (“ STI ”) bonus of 100% of his earned and received base salary (the “ Mongeau Target Amount ”), and a long-term incentive (“ LTI ”) award of 300% of his base salary, with 50% in stock options (“ Options ”) and 50% in restricted stock units (“ RSUs ”). For Fiscal 2025, Mr. Mongeau’s target STI ranged from 0-2x the Mongeau Target Amount based on the achievement of certain mutually developed financial/operational/strategic and individual performance objectives, which have been approved by the