Cronos Group Inc. Announces Results of 2025 Annual Meeting of Shareholders

5 hours ago 1

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TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) today announced that at its Annual Meeting of Shareholders held on Friday, June 20, 2025 (the “Meeting”), shareholders holding a total of 276,989,452 common shares of the Company voted in person or by proxy, representing 71.87% of the total number of common shares of the Company outstanding.

Financial Post

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Each of the directors listed as a nominee in the Company’s definitive proxy statement dated April 25, 2025 was elected as a director of the Company, with each director receiving in excess of 92.3% of the votes cast in favor of his or her election. The detailed results of the vote for the election of directors are as follows:

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Name of DirectorNumber of Shares Voted ForPercentage of Shares Voted ForNumber of Shares Withheld from VotingPercentage of Shares Withheld from Voting
Michael Gorenstein206,219,87592.38%17,012,4437.62%
Jason Adler215,665,94696.61%7,566,3723.39%
Murray Garnick215,548,31296.56%7,684,0063.44%
Kamran Khan216,349,69496.92%6,882,6243.08%
Dominik Meier216,404,34796.94%6,827,9713.06%
Elizabeth Seegar211,177,23294.60%12,055,0865.40%
James Rudyk215,956,20396.74%7,276,1153.26%

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Shareholders also approved an advisory (non-binding) resolution on the compensation of the Company’s named executive officers, with 94.13% of votes cast in favor of such resolution, and approved the appointment of Davidson & Company LLP as the Company’s independent auditor for fiscal year 2025 and authorized the Board of Directors of the Company to fix the independent auditor’s remuneration.

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For complete results on all matters voted on at the Meeting, please see the Report of Voting Results filed on the Company’s SEDAR+ profile at www.sedarplus.com and the Company’s Form 8-K filed on EDGAR at www.sec.gov/edgar.

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About Cronos

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Cronos is an innovative global cannabinoid company committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos is building an iconic brand portfolio. Cronos’ diverse international brand portfolio includes Spinach®, PEACE NATURALS® and Lord Jones®. For more information about Cronos and its brands, please visit: thecronosgroup.com.

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For further information, please contact:
Harrison Aaron
Investor Relations
Tel: (416) 504-0004
[email protected]

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