Company: VREOF
Filing Date: 2025-03-07
Form Type: PRE 14C
Source: 0001140361-25-007601
Chunk: 83

Company: Vireo Growth Inc.
Filing Date: 2025-03-07
Form: PRE 14C
Chunk 83
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20% of Earn-Out Shares          |     | From the date of issuance to 6 months post-issuance  |
| 20% of Earn-Out Shares          |     | From the date of issuance to 9 months post-issuance  |
| 20% of Earn-Out Shares          |     | From the date of issuance to 12 months post-issuance |
| 20% of Earn-Out Shares          |     | From the date of issuance to 15 months post-issuance |

Procedures for Receiving Merger Consideration Prior to the Wholesome Closing, the Company will enter into an agreement with the Exchange Agent to receive the Subordinate Voting Shares to which Wholesome stockholders will become entitled pursuant to the Wholesome Merger Agreement. At or prior to the Wholesome Closing, the Company will deposit (or cause to be deposited) a number of the Subordinate Voting Shares of the Company representing the Wholesome Closing Share Payment with the Exchange Agent. After the Wholesome Closing, the Company will deposit (or cause to be deposited) with the Exchange Agent any additional Subordinate Voting Shares that the Company elects to issue in order to pay any excess of the Wholesome Actual Closing Merger Consideration. In order for each stockholder of Wholesome to receive its pro rata portion of the Wholesome Closing Share Payment, Wholesome is required to deliver a Letter of Transmittal prepared by each stockholder of Wholesome to the Exchange Agent. The Company will pay all charges and expenses, including those of the Exchange Agent, incurred by it in connection with the exchange of the Wholesome Common Stock for the Wholesome Closing Share Payment and other amounts contemplated by the Wholesome Merger Agreement. Any portion of the Wholesome Closing Share Payment (or any Subordinate Voting Shares issued pursuant to any adjustment to the determination of the Wholesome Actual Closing Merger Consideration) made available to the Exchange Agent that remains unclaimed by the Wholesome stockholders six months after the Wholesome Closing Date will be returned to the Wholesome Surviving Corporation or its designee, upon demand, and any such Wholesome stockholders that have not exchanged their Wholesome Common Stock for their pro rata portion of the Wholesome Closing Share Payment (or any Subordinate Voting Shares issued pursuant to any adjustment to the

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determination of the Wholesome Actual Closing Mer