PEI Cannabis Annual Report 2024

Cost Disposals Cost Amort Amort Disposals Amort Net

Beginning and Write End Beginning in the and Write End Book of Year Additions Downs of Year of Year Year Downs of Year Value

Equipment $ 229,839 $ 37,923 $ - $ 267,762 $ 184,480 $ 44,334 $ - $ 228,814 $ 38,948 Computer equipment 32,590 12,310 - 44,900 26,555 3,409 - 29,964 14,936 Information systems 345,421 5,598 - 351,019 241,764 45,907 - 287,671 63,348 Computer software 114,921 - - 114,921 94,863 17,134 - 111,997 2,924 Leasehold improvements 2,178,591 1,014,062 - 3,192,653 721,498 208,718 - 930,217 2,262,436 2,901,362 1,069,894 - 3,971,255 1,269,160 319,503 - 1,588,663 2,382,592 Right-of-use assets 2,304,948 - - 2,304,948 527,470 179,663 - 707,133 1,597,815

Schedule 1

Accum Accum

$ 5,206,310 $ 1,069,894 $ - $ 6,276,203 $ 1,796,630 $ 499,166 $ - $ 2,295,796 $ 3,980,406 18

PLEASE CONSUME RESPONSIBLY

PROPERTY AND EQUIPMENT YEAR ENDED MARCH 31, 202 4

SCHEDULE TO FINANCIAL STATEMENTS

PRINCE EDWARD ISLAND CANNABIS MANAGEMENT CORPORATION

The Corporation has not pledged any of its property and equipment as security.

Notes 1 to 18 are an integral part of these financial statements

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PEICMC 2023-2024 Annual Report