An anonymous director reports

HIGH TIDE ANNOUNCES VOTING RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

High Tide Inc. has released the voting results from its annual general and special meeting of shareholders of the company held on Thursday, July 6, 2023. Each nominee listed in the company's management information circular dated May 26, 2023, was elected as a director of the company.

Each of the five nominees proposed by management was elected as a director of the company. The results of such vote are provided in an attached table.

In addition, at the meeting, shareholders approved: (i) fixing the board of directors at five; (ii) reappointing Ernst & Young LLP as the company's auditor for the ensuing year and authorizing the board to fix the auditor's compensation; and (iii) the adoption of an advance notice bylaw. The results of such votes are provided in an attached table.

Advance notice bylaw

High Tide's board of directors has approved, and its shareholders confirmed at the meeting, the adoption of an advance notice bylaw for the purposes of: (i) facilitating an orderly and efficient shareholder meeting process; (ii) ensuring that all shareholders of the company receive adequate notice of nominations for the board and sufficient information regarding all director nominees; and (iii) allowing shareholders to register an informed vote after having been afforded reasonable time for appropriate deliberation.

The bylaw establishes a framework for providing advance notice to High Tide in circumstances where nominations of persons for election to the board are made by shareholders of High Tide. The bylaw fixes deadlines by which shareholders of record of High Tide must submit director nominations prior to any meeting of shareholders and sets forth the information a shareholder must include in the notice to High Tide for an effective nomination to occur. No person will be eligible for election as a director of High Tide unless nominated in accordance with the provisions of the bylaw.

In the case of an annual meeting of shareholders, the notice must be delivered to the company no fewer than 30 days and no more than 65 days prior to the date of the annual meeting (except that if the annual meeting is called for a date that is fewer than 50 days after the first public filing or announcement of the date of the annual meeting, the notice must be delivered no more than 10 days after the notice date). In the case of a special meeting of shareholders (which is not also an annual meeting) called for the purpose of electing directors (whether or not called for other purposes), the notice must be delivered to the company not later than 15 days following the day on which the first public filing or announcement of the date of the special meeting was made.

The bylaw is effective immediately, but is subject to final approval by the TSX Venture Exchange. The full text of the bylaw is available under the company's SEDAR profile and with the United States Securities and Exchange Commission.

About High Tide Inc.

High Tide is the leading, community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world's most powerful plant.

We seek Safe Harbor.