Company: VREOF
Filing Date: 2025-07-24
Form Type: 424B3
Source: 0001104659-25-070426
Chunk: 25

Company: Vireo Growth Inc.
Filing Date: 2025-07-24
Form: 424B3
Chunk 25
---
 issuance
of additional securities including debt securities, the issuance of a promissory note issued to the Unsuitable Person, any other means
permitted by applicable law or a combination of the foregoing sources of funding. To the extent required by applicable laws, the Company
may deduct and withhold any tax from the redemption price. To the extent any amounts are so withheld and are timely remitted to the applicable
governmental authority, such amounts shall be treated for all purposes as having been paid to the person in respect of which such deduction
and withholding was made.

A person (or group of persons acting jointly or
in concert) will be prohibited from acquiring or disposing of five percent (5%) or more of the issued and outstanding shares of the Company
(calculated on an as-converted to Subordinate Voting Share basis), directly or indirectly, in one or more transactions, without providing
15 days’ advance written notice to the Company by mail sent to the Company’s registered office to the attention of the corporate
secretary. The foregoing restriction will not apply to the ownership, acquisition or disposition of shares as a result of: (i) a
transfer of the Company Shares occurring by operation of law including, inter alia, the transfer of the Company Shares to a trustee in
bankruptcy, (ii) an acquisition or proposed acquisition by one or more underwriters or portfolio managers who hold the Company Shares
for the purposes of distribution to the public or for the benefit of a third party, provided that such third party is in compliance with
the foregoing restriction, or (iii) a conversion, exchange or exercise of securities of the Company, duly issued or granted by the
Company, into or for Subordinate Voting Shares in accordance with their respective terms. If the Board reasonably believes that any such
holder of the Company Shares may have failed to comply with the foregoing restrictions, the Company may apply to the Supreme Court of
British Columbia, or such other court of competent jurisdiction, for an order directing that such shareholder disclose the number of the
Company Shares held.

Multiple Voting Shares

Notice and Voting Rights. Holders of Multiple
Voting Shares are entitled to notice of and to attend any meeting of the shareholders of the Company, except a meeting of which only holders
of another particular class or series of shares of the Company have the right to vote. At each such meeting, holders of Multiple Voting
Shares are entitled to one vote in respect of each Subordinate Voting Share into which such Multiple Voting Share could then be converted
(current