Company: VREOF
Filing Date: 2025-05-09
Form Type: DEF 14A
Source: 0001140361-25-018064
Chunk: 22

Company: Vireo Growth Inc.
Filing Date: 2025-05-09
Form: DEF 14A
Chunk 22
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 During 2024, one executive session was held. The Board encourages its independent directors to meet formally or informally without any non-independent directors, including members of management, being present, on an as-needed basis. In addition, the small size of the Board helps to create an atmosphere conducive to candid and open discussion among all directors. Directors are required to attend Vireo’s annual meeting of shareholders, unless an urgent event intervenes. Three of the then-serving directors attended the 2024 annual meeting of shareholders. Meetings Under our Corporate Governance Guidelines, the Board is expected to have at least four regular meetings each year. Directors are expected to attend all meetings of the Board and committees on which they serve and must notify the chair of the Board or committee, as applicable, of circumstances preventing attendance at a meeting. In 2024, the Board held 19 meetings (four regular quarterly meetings and 15 special meetings), the Audit Committee held four meetings, and the NCGC Committee held two meetings. Before the Compensation Committee and Nominating and Corporate Governance Committee were combined in May 2024, as discussed below, the Compensation Committee held one meeting. Each director attended at least 75% of the meetings during the time he or she served as a member of the Board or a Board committee. Directors who served on the Audit Committee, Compensation Committee, and N&G Committee attended all of the committee meetings held in 2024 on which they served. Committees of Our Board of Directors The current standing committees of our Board consist of the Audit Committee and the NCGC Committee. Previously, the Board had a separate Compensation Committee and Nominating and Corporate Governance Committee. However, on May 29, 2024, the Compensation Committee and Nominating and Corporate Governance Committee were combined into the NCGC Committee. The responsibilities of these committees are described below. Our Board may also establish various other committees to assist it in its responsibilities. Our Board has adopted a charter for

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TABLE OF CONTENTS each of the three standing committees that addresses the composition and responsibilities of each committee. Copies of such materials are available on our website at investors.vireogrowth.com/governance/Governance-Documents/default.aspx. Audit Committee The Audit Committee assists the Board in fulfilling its oversight responsibilities relating to accounting and financial reporting processes and internal controls for Vireo and the audits of its financial statements, and in ensuring the adequacy and effectiveness of Vireo’s risk management programs. A copy of the Audit Committee’s charter is appended