Company: VREOF
Filing Date: 2025-03-07
Form Type: PRE 14C
Source: 0001140361-25-007601
Chunk: 322

Company: Vireo Growth Inc.
Filing Date: 2025-03-07
Form: PRE 14C
Chunk 322
---
 closing of the Deep Roots Merger. |

| • | John Mazarakis, our Co-Executive Chairman of the Company and Chief Executive Officer, serves as partner of Chicago Atlantic Group, LP. Each of Deep Roots and Proper have aggregate outstanding net debt of $19 million and $27.4 million, respectively, with Chicago Atlantic Group, LP and/or its affiliates, which debt will remain outstanding at the time of consummation of the Mergers or be assumed by the Company. |

| • | Mr. Mazarakis and Mr. Macdonald will receive 19,000,000 and 9,500,000 time-based RSUs, respectively, and 19,000,000 and 9,500,000 performance-based RSUs, respectively, as a result of the approval of the RSU Grants. Accordingly, Mr. Mazarakis and Mr. Tyson have an interest in the RSU Grants. |

190

TABLE OF CONTENTS

APPRAISAL RIGHTS The Company’s shareholders are not entitled to appraisal rights (or other dissenters' rights) with respect to the issuance of shares as consideration under the Merger Agreements or grants of RSUs as incentive awards under the Employment Agreements under the BCBCA, the Notice of Article or our articles. HOUSEHOLDING OF INFORMATION STATEMENT Intermediaries and other holders of record may be participating in the practice of “householding” this information statement. This means that only one copy of this information statement may have been sent to multiple shareholders in your household. Once you have received notice from your intermediary or other holder of record that it will be “householding” communications to your address, “householding” will continue until you are notified otherwise or until you revoke your consent. If you want to receive separate copies of our information statements in the future, or if you are receiving multiple copies and would like to receive only one copy per household, you should contact your intermediary or other holder of record, or you may contact the Secretary of the Company. Upon written or oral request, the Company will promptly deliver a separate set of our information statement to any beneficial owner at a shared address to which a single copy of this information statement was delivered. To receive a separate copy of this information statement, you may write to the Secretary of the Company at 207 South 9 thStreet, Minneapolis, Minnesota 55402 or call 612-314-8995 ext. 1003. EXPERTS The consolidated financial statements of Deep Roots and its subsidiaries