Company: VREOF
Filing Date: 2025-03-11
Form Type: PREM14C
Source: 0001140361-25-008065
Chunk: 37

Company: Vireo Growth Inc.
Filing Date: 2025-03-11
Form: PREM14C
Chunk 37
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 Merger Agreements (as defined herein), or the date of this Information Statement, similar estimates and assumptions would be used. In particular, the Targets’ Standalone Projections and Synergy Projections include financial data in respect of Bill’s Nursery because at the time of their preparation it was expected that a definitive agreement for a Transaction with Bill’s Nursery would be executed. However, as of the date hereof, the exclusivity period under the Bill’s Nursery MOU has expired and a definitive agreement relating to the Bill’s Nursery Acquisition has not been executed (and may not be executed in the future). Except as required by applicable**

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**securities laws, Vireo does not intend to, and disclaims any obligation to, make publicly available any update or other revision to the Forecasted Financial Information to reflect circumstances existing since their preparation or to reflect the occurrence of unanticipated events (including the foregoing development related to Bill’s Nursery), even in the event that any or all of the underlying assumptions are shown to be inappropriate, including with respect to the accounting treatment of the Transactions under GAAP, or to reflect changes in general economic or industry conditions.

The Forecasted Financial Information does not take into account all the possible financial and other effects on Vireo or the Targets of the Transactions, the effect on Vireo or the Targets of any business or strategic decision or action that has been or will be taken as a result of the Merger Agreements having been executed, or the effect of any business or strategic decisions or actions, which would likely have been taken if the Merger Agreements had not been executed, but which were instead altered, accelerated, postponed, or not taken in anticipation of the Transactions. Further, the Forecasted Financial Information does not take into account the effect on Vireo or the Targets of any possible failure of the Transactions to occur, including that the exclusivity period under the Bill’s Nursery MOU has expired and a definitive agreement relating to the Bill’s Nursery Acquisition has not been executed (and may not be executed in the future). The inclusion of the Forecasted Financial Information herein should not be deemed an admission or representation by Vireo, its advisors, or any other person that it is viewed as material information of Vireo or the Targets, particularly in light of the inherent risks and uncertainties associated with such forecasts.

EBITDA (i.e., earnings before interest, taxes, depreciation and amortization) is a non-GAAP measure