Mr. Miguel Martin reports

AURORA COMPLETES FINAL REPAYMENT OF CONVERTIBLE SENIOR NOTES REPRESENTING ~$465 MILLION IN TOTAL REPAYMENTS SINCE 2021; CANNABIS OPERATIONS ARE NOW DEBT FREE[1]

Aurora Cannabis Inc. has repaid an aggregate of approximately $7.2-million ($5.3-million (U.S.)), representing the final payment on the principal amount of its convertible senior notes at a total cash cost of $7.4-million (about $5.5-million (U.S.)), including accrued interest. Following the completion of this repayment, Aurora's remaining debt of $47.9-million relates to Bevo Farms Ltd.

"This final repayment represents a significant milestone for Aurora, as we have now fully paid off nearly $465-million in convertible debt," stated Miguel Martin, chief executive officer of Aurora. "Our focus on balance sheet strength has saved the company millions in interest and we feel confident that our continued financial discipline will support the achievement of our target of positive free cash flow this calendar year," Mr. Martin added.

About Aurora Cannabis Inc.

Aurora is opening the world to cannabis, serving both the medical and consumer markets across Canada, Europe, Australia and South America. Headquartered in Edmonton, Alta., Aurora is a pioneer in global cannabis, dedicated to helping people improve their lives. The company's adult-use brand portfolio includes Aurora Drift, San Rafael '71, Daily Special, Tasty's, Being and Greybeard. Medical cannabis brands include MedReleaf, CanniMed, Aurora and Whistler Medical Marijuana Co, as well as international brands Pedanios, Bidiol, IndiMed and CraftPlant. Aurora also has a controlling interest in Bevo Farms Ltd., North America's leading supplier of propagated agricultural plants. Driven by science and innovation, and with a focus on high-quality cannabis products, Aurora's brands continue to break through as industry leaders in the medical, wellness and adult recreational markets wherever they are launched.

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