An anonymous director reports

CANOPY GROWTH ANNOUNCES MAILING OF PROXY MATERIALS FOR 2026 ANNUAL GENERAL AND SPECIAL MEETING - URGES SHAREHOLDERS TO VOTE NOW

Canopy Growth Corp. has mailed (or mailed a notice of Internet availability with respect to) its proxy statement and fiscal 2026 annual report to shareholders for its annual general and special meeting of shareholders scheduled to take place on Friday, Sept. 25, 2026, at 1 p.m. ET, via live audio webcast.

Why your vote matters

Nasdaq listing rules require a quorum of 33.33 per cent of outstanding shares entitled to vote, present or by proxy at the meeting. Given Canopy Growth's shareholder base, reaching quorum depends on strong participation -- if it is not met, the meeting must be adjourned at additional cost to the company. Shareholders of record as of July 31, 2026, are eligible to vote; we encourage voting in advance even if you plan to attend live.

The meeting materials are filed on EDGAR and SEDAR+ under the company's profile at SEDAR+. The annual report is available at the company's website.

Items up for vote

The board of directors of the company recommends for on items 1 to 6, and every one year on Item 7 (each as described in the company's proxy statement):

1. The election of the board;
2. The appointment of MNP LLP as the company's auditor and independent registered public accounting firm, and to authorize the board or any responsible committee thereof to fix their remuneration;
3. A share consolidation (reverse stock split) proposal -- shareholders approved a similar proposal in 2025, but there was no need to implement the 2025 proposal; if approved again, implementation remains at the board's discretion which may similarly determine not to proceed with it;
4. An advance notice bylaw proposal;
5. The approval of all unallocated entitlements under the company's omnibus incentive plan;
6. An advisory (non-binding) vote on the compensation of the company's named executive officers;
7. An advisory (non-binding) vote on how often to hold advisory votes on the compensation of the company's "name executive officers" (every one, two or three years).

How to vote

Your vote matters. Please take a moment to submit it today using one of the convenient options below.

• For most shareholders, voting will be facilitated by Broadridge Financial Solutions. These shareholders will receive (or be able to access) a form of proxy or voting instruction form from Broadridge with a 16-digit control number, which can be used to vote:
  • On-line;
  • By phone: 1-800-474-7493 (English) or 1-800-474-7501 (French);
  • By mail: using the prepaid envelope accompanying the form of proxy or voting instruction form.
• Shareholders who hold shares at Interactive Brokers LLC can vote on-line using the provided control number.
• Clients of Robinhood Securities LLC who are eligible to vote will receive a voting notice by e-mail from noreply@robinhood.com. Voting is hosted by Say Technologies, with voting and materials available directly from the e-mail.
• Many shareholders are also eligible to vote quickly and conveniently by phone with company's proxy solicitation agent, Sodali & Co.: 1-833-830-8205 toll-free in North America or 1-289-695-3075 collect outside North America, or by e-mail at CGC@investor.sodali.com.

About Canopy Growth Corp.

Canopy Growth is a leading global company committed to bettering lives through cannabis. With a focus on cultivation excellence, quality, trust, innovation and disciplined execution, Canopy Growth is a consumer-centric company serving patients, consumers and partners alike.

The company's portfolio of owned and licensed brands, including Tweed, 7ACRES, DOJA, Deep Space, DeeLish, Claybourne, MTL Cannabis, Low Key by MTL and R'belle, as well as category-defining Storz & Bickel, delivers innovative cannabis products to consumers across Canada and beyond. It is also Canada's leading provider of medical cannabis services through Spectrum Therapeutics, Abba Medix, Apollo and Canada House Clinics.

The company also holds an unconsolidated, non-controlling interest in Canopy USA LLC, which provides exposure to the United States THC market.

Guided by its commitment to leadership, excellence, trust and innovation, Canopy Growth is working to shape a future where the plant is trusted for its ability to better lives.