Mr. Tim Conder reports

TILT HOLDINGS REPORTS RESULTS OF 2023 ANNUAL GENERAL MEETING OF SHAREHOLDERS

Tilt Holdings Inc. has released the results of the 2023 annual general meeting of shareholders of Tilt Holdings held virtually on Tuesday, June 6, 2023.

The company put forward the following proposals to be voted on by the shareholders at the meeting, all of which were approved: (i) to set the number of directors to be elected at the meeting at five; (ii) to elect five directors of the company to hold office until their successors are elected at the next annual general meeting of the company; and (iii) to reappoint Macias Gini & O'Connell LLP (MGO) as the auditor for the company for the ensuing year and to authorize the board of directors of the company to fix MGO's remuneration.

Size of the board

The size of the board was set at five directors.

Election of directors

Each of the directors elected at the meeting, John Barravecchia, Tim Conder, Adam Draizin, George Odden and D'Angela Simms, will hold office until the next annual general meeting of the company or until his or her earlier resignation or removal.

Reappointment of auditor and authorization of auditor's remuneration

MGO was reappointed as auditor of the company for the ensuing year, and the board is authorized to fix MGO's remuneration.

On June 7, 2023, the company filed a report of voting results on all proposals voted on at the meeting on SEDAR.

About Tilt Holdings Inc.

Tilt Holdings helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production, Tilt Holdings services brands and cannabis retailers in regulated markets across 39 states in the United States, as well as Canada, Israel, South America and the European Union. Tilt Holdings' core businesses include Jupiter Research LLC, a wholly owned subsidiary and leader in the vaporization segment focused on hardware design, research, development and manufacturing; and cannabis operations Commonwealth Alternative Care Inc. in Massachusetts, Standard Farms LLC in Pennsylvania and Standard Farms Ohio LLC in Ohio and its partnership with the Shinnecock Indian Nation in New York. Tilt Holdings is headquartered in Phoenix, Ariz.