Company: VREOF
Filing Date: 2025-05-09
Form Type: DEF 14A
Source: 0001140361-25-018064
Chunk: 57

Company: Vireo Growth Inc.
Filing Date: 2025-05-09
Form: DEF 14A
Chunk 57
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 the Board. Audit Committee Education and Experience. In addition to the qualification set out under the section entitled “Proposal 2: Election of Directors – Direction Qualifications” and the experience set out in the biographies of the committee members set out under the section entitled “Directors and Executive Officers” , the following qualifications are relevant to the performance of Mr. Nordquist’s responsibilities as an audit committee member: Judd Nordquist, Audit Committee Chair, is a Certified Public Accountant and former partner at a Minnesota-based CPA firm, Abdo L.L.P., with over 30 years of accounting and audit experience. Mr. Nordquist has extensive experience with the application of the accounting principles and the preparation, auditing, and evaluation of financial statements. 34

TABLE OF CONTENTS

AUDITOR FEES The Audit Committee charter requires the pre-approval of any and all audit services and permissible non-audit services to be performed by Vireo’s independent public accounting firm. All fees and services described in the table below were pre-approved by the Audit Committee. The aggregate fees billed for professional services provided by Davidson & Company LLP for the fiscal years ended December 31, 2024 and 2023 are as follows:

|                |     |    2024 |     |    2023 |
| Audit Fees     |     | 802,859 |     | 804,406 |
| Tax Fees(1)    |     | 106,568 |     |  75,803 |
| All Other Fees |     |       — |     |       — |
| Total          |     | 909,427 |     | 880,209 |

| (1) | Includes fees for services related to preparing and filing Form T1134 Information Return Relating to Controlled and Not Controlled Foreign Affiliates of Vireo and the T2 Corporation Income Tax Return together with related schedules. |

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TABLE OF CONTENTS REPORT OF THE AUDIT COMMITTEE The Audit Committee reviews the financial reporting process on behalf of the Board. Our management has the primary responsibility for the financial statements and the reporting process, including the system of internal controls over financial reporting. Membership on the Audit Committee does not call for the professional training and technical skills generally associated with career professionals in the field of accounting and auditing. In addition, the independent auditors devote more time and have access to more information than does the Audit Committee. Accordingly, the Audit Committee’s role does not provide any special assurance with regard to our financial statements, nor does it involve