PEI Cannabis 2023 Annual Report

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 $ - $ - $ 220,544 $ 95,333 $ 44,109 $ - $ 139,442 $ 81,102 Computer equipment 29,418 - - 29,418 14,709 5,884 - 20,593 8,825 Information systems 298,102 113,000 (67,184) 343,918 149,051 57,484 (33,592) 172,943 170,975 Computer software 65,331 49,590 - 114,921 65,331 12,397 - 77,728 37,193 Leasehold improvements 2,115,287 - - 2,115,287 390,010 164,518 - 554,528 1,560,759 2,728,682 162,590 (67,184) 2,824,088 714,434 284,393 (33,592) 965,234 1,858,855 Right-of-use assets 1,667,672 - - 1,667,672 263,735 131,868 - 395,602 1,272,070

Schedule 2

Accum Accum

19

PROPERTY AND EQUIPMENT YEAR ENDED MARCH 31, 2022

SCHEDULE TO FINANCIAL STATEMENTS

PRINCE EDWARD ISLAND CANNABIS MANAGEMENT CORPORATION

$ 4,396,354 $ 162,590 $ (67,184) $ 4,491,760 $ 978,169 $ 416,261 $ (33,592) $ 1,360,836 $ 3,130,925

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

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PEICMC 2022-2023 Annual Report