PEI Cannabis Annual Report 2024

CORPORATE GOVERNANCE Corporate governance is the cumulative set of mechanisms, processes and relationships by which the Corporation is controlled and operated. It defines the distribution of rights and responsibilities among different Corporation stakeholders (e.g. government shareholder, CMC Board Members, Senior Managers, auditors, regulators, etc.) and details the decision making framework related to the pursuit of corporate and policy objectives.

PEI CANNABIS MANAGEMENT CORPORATION BOARD Standing: Kate Shreenan - Recording Secretary, Ian Burge - Member, Nicole DesRoche - Member, Kelly Shea Rayner - Member

Seated: Daniel MacDonald - Chief Executive Officer, John Abbott - Chair, Kim Griffin - Vice - Chair, Murray Murphy - Corporation Solicitor (absent from photo)

EXECUTIVE MANAGEMENT TEAM Standing: Gerald O’Halloran - Director, Supply Chain and Property Management, Heather Rossiter - Director, Corporate Affairs and Regulatory Services, Shawn Alexander - Director, Human Resources and Employee Wellness Seated: Matt McMillan – Acting Chief Financial Officer, Daniel MacDonald – Chief Executive Officer, Paul Crabbe - Director, Retail Operations and Strategic Development

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PEICMC 2023-2024 Annual Report