Company: VREOF
Filing Date: 2025-05-09
Form Type: DEF 14A
Source: 0001140361-25-018064
Chunk: 68

Company: Vireo Growth Inc.
Filing Date: 2025-05-09
Form: DEF 14A
Chunk 68
---
 deferred compensation) for prior service with the Company (provided that such compensation is not contingent in any way on continued service); or be an affiliated person of the Company or any subsidiary thereof. |

| • | Members of the Committee shall not have participated in the preparation of the financial statements of the Company or any current subsidiary of the Company at any time during the past three years. |

| • | Members of the Committee will be appointed annually at a meeting of the Board, typically held immediately after the annual shareholders’ meeting. Each member will serve until his or her successor is appointed unless (1) he or she resigns or is removed by the Board or (2) he or she otherwise ceases to be a director of the Company. Any member may be removed or replaced at any time by the Board. |

| • | Where a vacancy occurs at any time in the membership of the Committee, it may be filled by a vote of a majority of the Board. |

| • | The Chair of the Committee may be designated by the Board or, if it does not do so, the members of the Committee shall elect a chair by vote of a majority of the full Committee membership. The Chair of the Committee must be an independent director (as described above). |

| • | If the Chair of the Committee is not present at any meeting of the Committee, a majority of the Committee members who are present will choose one of the other members of the Committee to preside. |

| • | The Committee must appoint a secretary (the “Secretary”) who need not be a member of the Committee or a director of the Company. The Secretary must keep minutes of the meetings of the Committee. This role is normally filled by the Secretary or Assistant Secretary of the Company. |

| • | No Committee member may simultaneously serve on the audit committees of more than two other public companies with active business operations or significant assets. |

| • | The members of the Committee may be entitled to receive such remuneration for acting as members of the Committee as the Board may from time to time determine. |

42

TABLE OF CONTENTS

| 3. | MEETINGS |

| • | The Committee must meet at least once each calendar quarter, at the discretion of the Chair or a majority of its members, as circumstances dictate or as may be required by applicable legal or listing requirements. |

| • | The Chair of the Committee must prepare and/or approve an agenda in advance of each meeting. |

| • | Notice of the time and place of every meeting