Company: VREOF
Filing Date: 2025-05-09
Form Type: DEF 14A
Source: 0001140361-25-018064
Chunk: 51

Company: Vireo Growth Inc.
Filing Date: 2025-05-09
Form: DEF 14A
Chunk 51
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 to create a holding company that will be owned in substantially the same proportions by the persons who held the Company’s securities immediately before such transaction |

Other Termination For any other termination of employment, vested Company options remain exercisable for two years after the termination date and any unvested Company options and vested Company options not exercised during this time period will be terminated.

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TABLE OF CONTENTS

EQUITY COMPENSATION PLAN INFORMATION The following table sets out information, as of December 31, 2024, with respect to outstanding security-based compensation arrangements, including under securities authorized for issuance under each of the 2018 Equity Incentive Plan (the “ 2018 Plan”), the 2019 Plan, and any equity issued under an employment agreement. All outstanding options under the 2018 Plan settle in Subordinate Voting Shares. Outstanding Options under the 2019 Plan settle in either Subordinate Voting Shares of Vireo or Multiple Voting Shares, at the Company’s option. All RSUs issued under the 2019 Plan or an employment agreement settle in Subordinate Voting Shares. Figures below are presented on an as-converted basis.

| Plan Category                                              |     |     Number of 
    securities 
  to be issued 
          upon 
   exercise of 
   outstanding 
      options, 
      warrants 
    and rights |     |   Weighted- 
     average 
    exercise 
    price of 
 outstanding 
    options, 
    warrants 
    and RSUs 
         ($) |     |    Number of 
   securities 
    remaining 
    available 
   for future 
     issuance 
        under 
       equity 
 compensation 
        plans |
| Equity compensation plans approved by security holders     |     | 20,200,248(1) |     |        0.57 |     |   16,414,731 |
| Equity compensation plans not approved by security holders |     | 22,359,916(2) |     |        0.28 |     |            — |
| Total                                                      |     |    42,560,164 |     |        0.42 |     |   16,414,731 |

| (1) | This figure represents 9,973,625 outstanding Options and 10,226,623 RSUs, each granted under the 2019 Plan. |

| (2) | This figure represents 10,825,825 outstanding Options and 1,100,907 RSUs granted outside of the