Good afternoon, and welcome to the special meeting of the common shareholders of TerrAscend Corp. My name is Jason Wild, and I am the Executive Chairman as well as a Director of the corporation. Given that we wish to engage with as many of our shareholders as possible, regardless of their physical location, this meeting is being held as a completely virtual meeting. Our goal is to replicate the experience you would have if today's meeting were being held in person. If any shareholder or proxy holder has any technical issues with voting or submitting a question during this meeting, please use the URL link posted on the moderator board for assistance. In order for us to run the meeting efficiently, we encourage shareholders and their valid proxy holders who have specific questions related to the formal item of business to submit their comments to the platform now. We will do our best to address questions related to the formal item of business as it is addressed during this meeting. Shareholders and their valid proxy holders can submit questions by clicking on the question icon and submitting their questions. Guests will not be able to submit questions. The meeting is now called to order. In accordance with the bylaws of the corporation, I will preside as chair of this meeting, and Lynn Gefen will act as secretary of this meeting. David Martin of Odyssey Trust Company will act as scrutineer of this meeting. The notice calling this meeting, together with the corporation's management information circular describing the business of the meeting, have been properly provided to holders of common shares of the corporation as of June 30th, 2026, the record date for the meeting. The corporation relied upon notice and access procedures to deliver the meeting materials in accordance with applicable security laws. Unless there is an objection, I will dispense with the reading of the notice of the meeting. Prior to the start of this meeting, the scrutineer filed a preliminary report on attendance, and the secretary has confirmed to me that there is a quorum of shareholders present at this meeting. Accordingly, this meeting is duly and properly constituted for the transaction of business. I direct the confirmation of mailing of the notice of meeting and the scrutineer's report on attendance to be attached to the minutes of the meeting. Given that this is a virtual meeting, voting will be conducted by online ballot. If you are a registered shareholder who used your control number to log into the meeting or a duly appointed proxy holder using the username provided by Odyssey to log into the meeting and you accept the applicable terms and conditions, you have the opportunity to vote today by online ballot. If you have already submitted your vote by proxy and do not wish to change your vote, you do not need to vote now, and your shares will be voted as previously instructed. If you intend to vote again through the online ballot during today's meeting, your online vote will revoke your previously submitted proxy. If you have already voted by proxy and do not wish to revoke your previously submitted proxy, do not vote again during this meeting. The poll will be open for the share consolidation resolution. This will allow you to vote on the item immediately. The item of business to be voted on and your available voting options will be visible on the voting panel on your screen. To submit a vote, please click on your desired voting choice displayed on your screen. After you vote, a message confirming that your vote has been received will appear. Your vote can be changed by simply clicking the other available option. If you wish to cancel your vote, please press Cancel. Once the item of business has been presented, we will provide a few additional moments to enter your vote. I will then declare voting closed. The preliminary results of the vote will be announced prior to the close of the meeting. 66⅔% of the vote cast by TerrAscend shareholders present virtually or represented by proxy and entitled to vote at the meeting must be voted in favor of the share consolidation resolution. I now declare the online voting poll open on the share consolidation resolution. The item of business to be voted on at this meeting is the approval of the share consolidation resolution. The share consolidation resolution seeks approval of an amendment to the articles of corporation as amended to provide that, first, the authorized capital of the corporation be altered by consolidating all of the issued and outstanding common shares, exchangeable shares, and preferred shares on the basis of a ratio to be determined by the Board in its sole discretion within a range of one post-consolidation share for every five to 20 outstanding pre-consolidation shares. With the exact ratio to be set at a whole number within this range by the Board in its sole discretion and applicable for all the common shares, exchangeable shares, and preferred shares. Second, any fractional shares arising from the consolidation will be deemed to have been tendered by the registered owner to the corporation for cancellation for no consideration, as described in more detail in the management information circular. The full text of the share consolidation resolution to be considered at this meeting is set forth in the management information circular, and unless otherwise requested, I will dispense with the reading of such resolution. In order that a vote may be held on this matter, I request a motion to the share consolidation resolution as set out in the corporation's management information circular, dated July 6th, 2026, be so approved. I so move. I second the motion Before I call for a vote on the motion, I will now pause for a moment to confirm whether any questions on this matter have been submitted. I confirm that we have not received any questions related to this motion. Thank you. Registered shareholders or their duly appointed proxy holders can vote by online ballot now. As a reminder, if you have previously submitted a completed proxy and you do not wish to change your vote, it's not necessary to vote again on this matter. We will now briefly pause to allow shareholders time to complete voting on the share consolidation resolution. I confirm the poll is now closed, and we will provide the scrutineer an opportunity to tabulate the results. The scrutineer has tabulated the results, and I'm pleased to confirm that the scrutineer has reported to me that the share consolidation resolution has been passed with the requisite shareholder approval. Accordingly, I hereby declare the share consolidation resolution approved. I would like to ask the secretary to file a copy of the scrutineer's report on today's voting results with the minutes of this meeting. A press release and Form 8-K will be issued following this meeting to announce voting results. This concludes the formal business of today's meeting. As there's no further business than may be properly considered, I declare the meeting to be terminated. On behalf of the Board and the management of the corporation, I would like to thank everybody for attending today.
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