Company: CGC
Filing Date: 2025-08-07
Form Type: DEF 14A
Source: 0001104659-25-075215
Chunk: 57

Company: Canopy Growth Corp
Filing Date: 2025-08-07
Form: DEF 14A
Chunk 57
---
ive Plan. The CGCN Committee does not grant equity awards in anticipation of the release of material nonpublic information (“ MNPI ”),and the Company does not time the release of MNPI based upon grant dates of equity.In the event MNPI becomes known to the CGCN Committee before granting an equity award, the CGCN Committee will consider such information and use its business judgment to determine whether to delay the grant of equity to avoid any appearance of impropriety. Role of the Compensation Consultant The CGCN Committee continued their engagement of Mercer, to provide independent advice on executive compensation, including the alignment of Canopy Growth’s compensation policies and practices with its executive compensation philosophy and related governance matters. The nature and scope of services provided by Mercer to the CGCN Committee during Fiscal 2025 included the review, support, and advice on: • The Company’s compensation philosophy • The review of Canopy Growth’s peer group • Compensation levels for Canopy Growth’s NEOs and other executive roles and the Board • Short-Term Incentive Plan metrics, weightings, and target setting • Long-Term Incentive Plan mix of vehicles and related performance metrics • Compensation disclosure and other governance matters • Management-prepared materials and recommendations in advance of CGCN Committee meetings • Attendance at CGCN Committee meetings as requested The CGCN Committee considers, among other information, the advice provided by Mercer in making its executive compensation decisions; however, it may or may not follow Mercer’s advice in making such decisions. Any other services, not related to executive or director compensation, and recommendations provided by Mercer or its affiliates to the Company require approval from the Chair of the CGCN Committee. The CGCN Committee has considered the independence of Mercer and has not identified any conflicts of interests regarding their services or employees. Role of CEO and CHRO The CEO and CHRO support the CGCN Committee in fulfilling its executive compensation oversight responsibilities. The CEO and CHRO provide recommendations to the CGCN Committee on compensation decisions for all NEOs and senior executive officers, other than the CEO. The CHRO also provides information, analysis, and guidance to the CGCN Committee and responds to questions to assist in the CGCN Committee’s evaluation of compensation programs and decisions. 42

TABLE OF CONTENTS

Components of Compensation & Key Decisions for Fiscal 2025 Summary of Compensation Elements The Company’s compensation program applies to all employees. However, the component mix varies by role within the Company, and may consist of components of the following:

| ​ | ​ | ​                 | ​ | ​ |