Mr. John Hartmann reports

ASCEND WELLNESS HOLDINGS CEO, JOHN HARTMANN, DEMONSTRATES CONFIDENCE IN COMPANY BY ACQUIRING STOCK

Ascend Wellness Holdings Inc.'s John Hartmann, chief executive officer, has recently acquired 192,500 shares of Class A common stock in the company, demonstrating his strong belief in its mission and future prospects.

Mr. Hartmann's purchase of the company's stock underscores his confidence in the company's strategic direction, operational excellence and commitment to delivering value to stockholders. His decision to invest further in Ascend reflects his belief in the company's ability to continue to navigate the dynamic and evolving cannabis industry landscape successfully.

"As CEO, I am deeply committed to AWH's vision and growth trajectory," said Mr. Hartmann. "My decision to acquire shares underscores my unwavering confidence in our team, our strategy and the immense potential of the cannabis industry. I believe strongly in the value we are creating for our stockholders and remain dedicated to driving sustainable growth, profitability and cash flow."

Ascend Wellness remains focused on executing its growth strategy, which is centred on densifying its retail presence, expanding wholesale penetration, and driving innovation and productivity across its operations. Mr. Hartmann's recent stock acquisition further reinforces the company's commitment to delivering value and generating sustainable growth for its stockholders.

For recent company highlights, see the company's earnings press release on-line.

About Ascend Wellness Holdings Inc.

Ascend is a vertically integrated operator with assets in Illinois, Maryland, Massachusetts, Michigan, Ohio, New Jersey and Pennsylvania. Ascend owns and operates state-of-the-art cultivation facilities, growing award-winning strains and producing a curated selection of products for retail and wholesale customers. Ascend produces and distributes its in-house Common Goods, Simply Herb, Ozone, Ozone Reserve, Tunnel Vision and Royale branded products.

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