Company: CGC
Filing Date: 2025-08-07
Form Type: DEF 14A
Source: 0001104659-25-075215
Chunk: 84

Company: Canopy Growth Corp
Filing Date: 2025-08-07
Form: DEF 14A
Chunk 84
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 during the prior two years. Ms. Hong was also entitled to payment of her retention bonus of US$150,000 pursuant to the retention agreement entered into with the Company on August 19, 2024, which was paid on July 15, 2025. Pursuant to her Separation Agreement, Ms. Hong is also entitled to a payout of unused accrued vacation pay in the amount of US$15,522, which was paid on July 15, 2025. In addition, if Ms. Hong elects to continue coverage under the Company’s medical plan pursuant to the COBRA, a reimbursement to Ms. Hong for a portion of COBRA premium payments may be required. The following table sets forth the estimated payments and benefits to each of our NEOs (other than Ms. Hong, whose termination payments are discussed above) in the event of a termination without cause, assuming such termination occurred on March 31, 2025, and there was no change-in-control, based on the terms of their respective employment agreements in effect as of that date:

| ​ | ​ | Termination Without Cause |   |   |   |                  |   |   |   |                           |   |   |   |                 |   |   |   |            | ​ | ​ |
| ​ | ​ | Individual                | ​ | ​ | ​ | Cash Payment ($) | ​ | ​ | ​ | Accelerated Awards ($)(3) | ​ | ​ | ​ | Benefits ($)(4) | ​ | ​ | ​ |  Total ($) | ​ | ​ |
| ​ | ​ | Luc Mongeau | CEO         | ​ | ​ | ​ | $1,081,749(1)    | ​ | ​ | ​ |                         - | ​ | ​ | ​ |         $17,762 | ​ | ​ | ​ | $1,099,511 | ​ | ​ |
| ​ | ​ | Christelle Gedeon | CLO   | ​ | ​ | ​ | $1,049,352(2)    | ​ | ​ | ​ |                    $2,793 | ​ | ​ | ​ |          $4,375 | ​ | ​ | ​ | $1,056,520 | ​ | ​ |

Notes: (1) Upon termination without cause effective March 31, 2025, Mr. Mongeau would have been entitled to a payment in the amount of $1,081,749, representing 18 months base salary plus