Mr. Mark Ainsworth reports

LOWELL FARMS INC. APPOINTS JAMIE SCHNIEDWIND AS CHIEF FINANCIAL OFFICER

Lowell Farms Inc. has appointed Jamie Schniedwind as chief financial officer of the company, effective Feb. 16, 2024.

"Jamie has been a key part of the Lowell team for the past two years and has worked alongside the finance team to implement crucial processes as well as drive efficiencies company-wide." said Mark Ainsworth, CEO of Lowell Farms. "As CFO of Lowell Farms, Jamie's comprehensive experience in finance and accounting will support the company in this competitive cannabis industry."

Mr. Schniedwind brings critical finance and accounting expertise to Lowell Farms Inc. During his time at the Company his accomplishments have already included creating internal financial reporting cycles, establishing SQL-based dashboards for real-time financial visibility, and leading the accounting team in all facets of inventory and cost accounting. Schniedwind's journey in finance began at San Jose State University, where he earned a BS in Business Administration with a concentration in Accounting. Starting his career at Ernst & Young, Schniedwind honed his skills as a Senior Auditor. During this time, he specialized in the audits of public and private companies. In 2019, Schniedwind joined cannabis brand Plus Products in San Mateo, CA, as a Senior Financial Analyst, where he managed financial reporting for the US and Canada, performed financial audits, and led the forecasting and budgeting processes.

Mr. Schniedwind will be replacing Tessa O'Dowd, who previously held the Interim Chief Financial Officer position for the Company.

"We want to thank Tessa for her contribution to Lowell Farms," says Chief Executive Officer, Mr. Ainsworth. "We wish her the best in her future pursuits."

ABOUT LOWELL FARMS INC.

Lowell Farms Inc. is a California-based cannabis company with advanced production capabilities supporting the supply chain, including extraction, manufacturing, brand sales, marketing, and distribution. Lowell Farms has an exclusive portfolio of award-winning brands, including Lowell Herb Co, House Weed, Moon, Cypress Cannabis, and Original Pot Co. for licensed retailers statewide.

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