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 $ 220,544 $ 9,295 $ - $ 229,839 $ 139,442 $ 45,038 $ - $ 184,480 $ 45,359 Computer equipment 29,418 3,172 - 32,590 20,593 5,962 - 26,555 6,035 Information systems 343,918 1,503 - 345,421 172,943 68,821 - 241,764 103,657 Computer software 114,921 - - 114,921 77,728 17,135 - 94,863 20,058 Leasehold improvements 2,115,287 63,304 - 2,178,591 554,528 166,970 - 721,498 1,457,093 2,824,088 77,275 - 2,901,362 965,234 303,927 - 1,269,160 1,632,203 Right-of-use assets 1,667,672 637,276 - 2,304,948 395,602 131,868 - 527,470 1,777,478

Schedule 2

Accum Accum

$ 4,491,760 $ 714,551 $ - $ 5,206,310 $ 1,360,836 $ 435,795 $ - $ 1,796,630 $ 3,409,681 19

PROPERTY AND EQUIPMENT YEAR ENDED MARCH 31, 2023

SCHEDULE TO FINANCIAL STATEMENTS

PRINCE EDWARD ISLAND CANNABIS MANAGEMENT CORPORATION

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

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PEICMC 2023-2024 Annual Report