Company: VREOF
Filing Date: 2025-05-09
Form Type: DEF 14A
Source: 0001140361-25-018064
Chunk: 25

Company: Vireo Growth Inc.
Filing Date: 2025-05-09
Form: DEF 14A
Chunk 25
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, and other experience and whether each new nominee can devote sufficient time and resources to his or her duties as a member of the Board. In selecting candidates and existing directors for service on the Board, the minimum general criteria set forth below will be considered; additional criteria may be added with respect to specific searches. An acceptable candidate may not fully satisfy all of the criteria but is expected to satisfy many of them. The Board believes that candidates for director should have certain minimum qualifications, including being able to read and understand financial statements and having the highest personal integrity and ethics. In considering candidates recommended by the NCGC Committee, the Board considers such factors as:

| • | Possessing relevant expertise upon which to be able to offer advice and guidance to management, |

| • | Sufficient time to devote to the affairs of the Company, |

| • | Demonstrated excellence in his or her field, |

| • | A track record of exercising sound business judgment, |

| • | Commitment to rigorously represent the long-term interests of Vireo’s shareholders, |

| • | Ability to work collegially with other directors and Vireo’s senior management team, and |

| • | Such other factors as the Board deems appropriate. |

Candidates for director are reviewed in the context of the current composition of the Board, the operating requirements of Vireo and the long-term interests of its shareholders. The NCGC Committee also will consider director candidates recommended by Shareholders pursuant to the requirements of the advance notice provisions in Vireo’s Articles regarding the nomination of directors of Vireo by a Shareholder. See “ Shareholder Proposals for the 2026 Annual Meeting — Shareholder Recommendations for Director Nominations” below for more information. There is currently no policy in place regarding the consideration of director candidates recommended by Shareholders outside of this process. If a recommendation of director candidates is received from a Shareholder, the NCGC Committee would consider such recommendation using the same criteria as for a director candidate recommended by any other source. Board’s Role in Risk Oversight The role of our Board in our risk oversight is consistent with our leadership structure, with our Chief Executive Officer, Co-Executive Chairmen and the other members of senior management having day-to-day responsibility for assessing and managing our risk exposure and control processes, and our Board and its committees taking an active role in the management of critical business risks and providing oversight of risk management and control processes. Vireo’s senior management is responsible for reporting to the Board on the principal