Company: VREOF
Filing Date: 2025-03-07
Form Type: PRE 14C
Source: 0001140361-25-007601
Chunk: 82

Company: Vireo Growth Inc.
Filing Date: 2025-03-07
Form: PRE 14C
Chunk 82
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, warrant or contract to purchase, purchasing any option, warrant or contract to sell, granting any option, right or warrant to purchase, or otherwise transferring or disposing of, or agreeing to transfer or dispose of, or lending, directly or indirectly, or establishing or increasing a put equivalent position or liquidation with respect to or decreasing a call equivalent position, (ii) entering into any swap, short sale, hedge or other agreement or arrangement that transfers, in whole or in part, any of the economic consequences of ownership of, or (iii) publicly disclosing the intention to do any of the foregoing (the “Lock-up Restrictions”) with respect to any of the Subordinate Voting Shares it receives in connection with the Wholesome Closing Share Payment for the periods of time set forth in the chart below. Additionally, the Lock-Up Restrictions will apply to any Subordinate Voting Shares received by the Wholesome stockholders in connection with the Wholesome Closing Share Payment during the six-month period ending December 31, 2026.

| Closing Share Payment Lock-Up Release      |     | Closing Consideration Restricted Period                                                  |
| 7.5% of Closing Share Payment Shares       |     | Closing to 12 months post-Closing                                                        |
| 10% of Closing Share Payment Shares        |     | Closing to 18 months post-Closing                                                        |
| 10% of Closing Share Payment Shares        |     | Closing to 21 months post-Closing                                                        |
| 17.5% of Closing Share Payment Shares      |     | Closing to 24 months post-Closing                                                        |
| 15% of Closing Share Payment Shares        |     | Closing to 27 months post-Closing                                                        |
| 20% of Closing Share Payment Shares        |     | Closing to 30 months post-Closing                                                        |
| 20% of Closing Share Payment Shares        |     | Closing to 33 months post-Closing                                                        |
| Any Closing Share Payment Shares then held |     | For period beginning 6 months prior to December 31, 2026 and ending on December 31, 2026 |

The Lock-Up Restrictions will also apply to the Subordinate Voting Shares received by the Wholesome stockholders as Wholesome Earn-Out Shares for the periods of time set forth in the chart below.

| Earn-Out Shares Lock-Up Release |     | Earn-Out Restricted Period                           |
| 20% of Earn-Out Shares          |     | From the date of issuance to 3 months post-issuance  |
|