Full Press Release Details
MATERIAL CHANGE REPORT
Item 1 Name and Address of Company
Aurora Cannabis Inc. ("Aurora"
Item 2 Date of Material Change
A press release describing the material change was
disseminated by Aurora on April 15, 2026 through Cision PR Newswire and can be found on SEDAR+ at www.sedarplus.ca.
Item 4 Summary of Material Change
A wholly owned subsidiary of Aurora ("Aurora
Sub") indirectly purchased 100% of the shares of 9869247 Canada Limited ("Safari Flower Company"), an established
EU GMP certified cannabis cultivator and manufacturer. Aggregate consideration is valued at $26.5 million, subject to customary adjustments,
and inclusive of a cash payment of $2 million that is contingent on satisfaction of certain conditions (the "Transaction").
Item 5 Full Description of Material Change
Description of Material Change
On April 14, 2026, Aurora Sub indirectly purchased
100% of the shares of Safari Flower Company for aggregate consideration valued at $26.5 million, inclusive of a cash payment of $2 million
that is contingent on satisfaction of certain conditions. As consideration on closing, Aurora (i) issued the selling shareholder 2,417,180
common shares; and (ii) paid the selling shareholder $15 million in cash, subject to customary adjustments post closing.
for Restructuring Transactions
Item 6 Reliance on subsection 7.1(2) of National
Item 7 Omitted Information
Item 8 Executive Officer
Further information regarding the matters described
in this report may be obtained from Nathalie Clark, Executive Vice President, General Counsel & Corporate Secretary who is knowledgeable
about the details of the Transaction and may be contacted at nathalie.clark@auroramj.com.
Item 9 Date of Report