Company: CGC
Filing Date: 2025-07-25
Form Type: PRE 14A
Source: 0001104659-25-070853
Chunk: 86

Company: Canopy Growth Corp
Filing Date: 2025-07-25
Form: PRE 14A
Chunk 86
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 to the specific terms of the NEOs’ respective employment agreements, upon a termination of the NEO without cause, Options, RSUs and other Awards (as defined below) will be treated in accordance with the terms of the Omnibus Incentive Plan. Potential Payments Upon Termination Following a Change in Control None of the NEOs are entitled to a payment upon a change of control pursuant to the terms of their respective employment agreements. However, pursuant to the terms of Omnibus Incentive Plan, for a period

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of 18 months following a Change in Control (as defined in the Omnibus Incentive Plan), where a participant’s employment or term of office or engagement is terminated for any reason, other than for Cause (as defined in the Omnibus Incentive Plan): (i) any unvested awards as at the date of such termination shall be deemed to have vested, and any period of restriction shall be deemed to have lapsed, as at the date of such termination and shall become payable as at the date of termination; and (ii) the level of achievement of performance goals for any unvested awards that are deemed to have vested pursuant to (i) above, shall be based on the actual performance achieved at the end of the applicable period immediately prior to the date of termination. The table below shows the payments that would be made to our NEOs (other than Ms. Hong, whose termination payments are discussed above) upon each of their terminations within 18 months of a Change in Control. As noted above, Mr. Klein is not entitled to any payments upon his termination, other than amounts due to him in his role as Special Advisor to the Board. With the exception of the “Accelerated Awards ($)” and “Total ($)” columns, all amounts in the table below are the same as in the “ Potential Payments Upon Termination ” table above and all footnotes to the “Cash Payment ($)” and “Benefits ($)” columns of the “ Potential Payments Upon Termination ” table above apply equally to the corresponding columns in the table below.

| ​ | ​ | Termination within 18 Months Following Change In Control |   |   |   |                 |   |   |   |                          |   |   |   |             |   |   |   |            | ​ | ​ |
| ​ | ​ | Individual                                               | ​ | ​ | ​ | Cash Payment($) | ​ | ​ | ​ | Accelerated Awards($)(1) | ​ |