Company: CRLBF
Filing Date: 2025-03-14
Form Type: 40-F
Source: 0001832928-25-000006
Chunk: 8

Company: Cresco Labs Inc.
Filing Date: 2025-03-14
Form: 40-F
Chunk 8
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 CORPORATE GOVERNANCE
The Board of Directors is responsible for the Company’s corporate governance and has the following separately designated standing committees: the Executive Committee, the Audit Committee, the Compensation Committee and the Nominating and Governance Committee. The Company’s Audit Committee Charter is attached as Schedule “B” to the Notice of Annual and Special Meeting and Management Information Circular with respect to the Annual and Special Meeting of Shareholders of the Issuer held on July 10, 2024, which is filed as Exhibit 99.1 to the Company’s Report of Foreign Private Issuer on Form 6-K filed June 10, 2024.

### AUDIT COMMITTEE
The Audit Committee is comprised of Gerald F. Corcoran, who acts as chair of this committee, Randy D. Podolsky, and Robert M. Sampson. All three members of the Audit Committee are financially literate, meaning they are able to read and understand the Company’s financial statements and to understand the breadth and level of complexity of the issues that can reasonably be expected to be raised by the Company’s financial statements. The Board of Directors has determined Mr. Corcoran is a financial expert (as defined in paragraph (8)(b) of General Instruction B to Form 40-F) and qualifies as independent (as defined by the corporate governance standards of the NASDAQ Stock Market).

### PRINCIPAL ACCOUNTING FEES AND SERVICES
The aggregate fees billed by the Company’s external auditors in the years ending December 31, 2024 and 2023 are set out below:

|                    |     |   |      2024 |     |   |      2023 |
|:-------------------|:----|:--|----------:|:----|:--|----------:|
| Audit Fees         |     | $ | 2,473,090 |     | $ | 3,081,166 |
| Audit-Related Fees |     |   |     8,000 |     |   |    27,700 |
| Other Fees         |     |   |     1,200 |     |   |         — |
| Total              |     | $ | 2,482,290 |     | $ | 3,108,866 |

#### Audit Fees
Audit Fees include fees for performance of the annual audit of the Company’s financial statements, reviews of quarterly financial statements, review of the AIF, reviews of periodic reports and reviews of other documents required by legislation or regulation