Company: CGC
Filing Date: 2025-08-08
Form Type: 8-K
Source: 0001193125-25-176020
Chunk: 1

Company: Canopy Growth Corp
Filing Date: 2025-08-08
Form: 8-K
Item: Item 5.02
Chunk 1
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 6, 2025, the board of directors (the “ Board”) of the Company appointed Margaret Shan Atkins as a director of the Board, effective immediately. Ms. Atkins shall serve as a director of the Company until the next annual general meeting of shareholders or until her earlier death, resignation, or removal. In connection with her appointment to the Board, Ms. Atkins was also appointed to serve as a member of the audit committee of the Board.

The Board has determined that Ms. Atkins is independent under applicable listing rules of the Nasdaq Stock Market LLC. There is no arrangement or understanding between Ms. Atkins and any other person pursuant to which she was appointed as a director of the Company. There are no family relationships between Ms. Atkins and any director or executive officer of the Company or its subsidiaries. Ms. Atkins does not have a direct or indirect material interest in any transaction that would require disclosure under Item 404(a) of Regulation S-K.

In accordance with the Company’s customary practice, the Company has entered into its standard form of indemnification agreement with Ms. Atkins, which requires the Company to indemnify Ms. Atkins against certain liabilities that may arise as result of her status or service as a director. The Company’s Form of Director and Officer Indemnity Agreement is filed as Exhibit 10.1 to its Form 10-K for the fiscal year ended March 31, 2022, which was filed with the Securities and Exchange Commission (the “ SEC”) on May 31, 2022.

In connection with her appointment to the Board, Ms. Atkins will be compensated in accordance with the Company’s director compensation program as described in the Company’s filings with the SEC.

Item 9.01 Financial Statements and Exhibits.