Full Press Release Details
NOTICE OF ANNUAL GENERAL MEETING
TO BE HELD ON JUNE 24, 2022
MANAGEMENT INFORMATION CIRCULAR
NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS
GIVEN that an annual general meeting (the "Meeting") of the holders (the "Shareholders")
of common shares (the "Common Shares") of Akanda Corp. (the "Corporation") will be held on Friday, June 24,
2022 at 11:00 a.m. (Toronto time). To deal with the public health impact of COVID-19, the Corporation is conducting an online only
shareholders' meeting.
Registered Shareholders
and duly appointed proxyholders can attend the Meeting online at https://www.cstproxy.com/akandacorp/2022
where they can participate, vote or submit questions during the Meeting's live webcast.
The Meeting is being held for the following purposes:
The accompanying information circular (the "Information
Circular") provides additional information relating to each of the matters to be addressed at the Meeting. Shareholders are directed
to read the Information Circular carefully and in full to evaluate the matters to be considered at the Meeting.
The record date for the determination of the Shareholders
entitled to receive notice of and to vote at the Meeting or any adjournment(s) or postponement(s) thereof is June 6, 2022
(the "Record Date"). Shareholders of the Corporation whose names have been entered in the register of shareholders of
the Corporation at the close of business on the Record Date will be entitled to receive notice of and to vote at the Meeting or any adjournment(s) or
postponement(s) thereof.
a Registered Shareholder and are unable to attend the Meeting or any adjournment(s) or postponement(s) thereof,
please date, sign and return the accompanying form of proxy (the "Proxy") for use at the Meeting or any adjournment(s) or
postponement(s) thereof in accordance with the instructions set forth in the Proxy and Information Circular. The Corporation's transfer
agent recommends that shareholders vote in advance of the Meeting.
a Non-Registered Beneficial Shareholder, a voting information form (also known as a VIF), instead of a form of proxy, may
be enclosed. You must follow the instructions provided by your intermediary in order to vote your Common Shares. Non-registered beneficial
Shareholders who have not duly appointed themselves as proxyholders will be able to attend the Meeting virtually as guests, but guests
will not be able to vote at the Meeting.
DATED at Toronto, Ontario
this 6th day of June, 2022.
| BY ORDER OF THE BOARD | |
| (signed) "Tejinder Virk" | |
| Chief Executive Officer and Director |
("Akanda" or the "Corporation")
MANAGEMENT INFORMATION CIRCULAR
information circular (the "Information Circular") is dated June 6, 2022 and is furnished in connection with the
solicitation of proxies by and on behalf of the management of the Corporation ("Management") for use at the annual general
meeting (the "Meeting") of shareholders of the Corporation (the "Shareholders") to be held virtually
at https://www.cstproxy.com/akandacorp/2022 on Friday, June 24, 2022 at 11:00 a.m. (Toronto
time) for the purposes set out in the notice of Meeting (the "Notice") accompanying this Information Circular.
Solicitation of Proxies
Solicitation of proxies for the Meeting will be
primarily by mail, the cost of which will be borne by the Corporation. Proxies may also be solicited personally by employees of the Corporation
at nominal cost to the Corporation. In some instances, the Corporation has distributed copies of the Notice, the Information Circular
and the accompanying form of proxy (the "Proxy", and collectively with the Notice and Information Circular, the "Documents")
to clearing agencies, securities dealers, banks and trust companies, or their nominees (collectively "Intermediaries",
and each an "Intermediary") for onward distribution to Shareholders whose common shares in the capital of the Corporation
(the "Common Shares") are held by or in the custody of those Intermediaries ("Non-registered Shareholders").
Solicitation of proxies from Non-registered Shareholders
will be carried out by Intermediaries, or by the Corporation if the names and addresses of Non-registered Shareholders are provided by
Voting at the Meeting
A registered Shareholder is not required to pre-register
prior to the Meeting. It is recommended that any registered Shareholder who wishes to join the Meeting and ask a question or vote, log
into the Meeting website at least 15 minutes prior to the start of the Meeting to make sure that they are connected and that the website
functions are working correctly. To log in and attend the Meeting, enter your name, email address and 12-digit control number printed
on the proxy card issued by Continental Stock Transfer & Trust Company ("Continental") in the appropriate sections
Once login is successful, the Shareholder will
have full functionality on the Meeting website, meaning they can ask a question, vote and view the material hosted on the site. Registered
Shareholders can also join the Meeting as a guest by entering their name and email address. Joining the Meeting as a guest will allow
the registered Shareholder to join the Meeting website, however, the Shareholder will only be able to listen to the broadcast of the Meeting
and will not be able to ask a question or vote during the Meeting.
Non-registered shareholders who hold their position
through a bank or broker can also join the Meeting. However, in order to obtain a 12-digit control number from Continental, Non-registered
Shareholders will first need to obtain a legal proxy from their bank or broker and submit a copy to Continental at proxy@continentalstock.com,
no later than 72 hours prior to the Meeting along with their contact information. Following receipt, Continental will issue a 12-digit
control number and email the control number along with the Meeting information to the Non-registered Shareholder. Non-registered Shareholders
will be able to join the Meeting using such control number. Logging into the website with a control number will provide the Non-registered
shareholders will full access to the functionality of the Meeting website, including the ability to ask a question in the chat box or
vote during the Meeting.
Non-registered Shareholders can also join the
Meeting as a guest by entering their name and email address into the Meeting website. Joining the Meeting as a guest will allow the Non-registered
Shareholder to join the Meeting website, however, the Shareholder will only be able to listen to the broadcast of the Meeting and will
not be able to ask a question or vote during the Meeting.
may appoint a third party proxyholder to represent them at the Meeting. To register a proxyholder, shareholders MUST send an
email containing their proxy to proxy@continentalstock.com and provide Continental with their proxyholder's contact information, amount
of shares appointed, name in which the shares are registered if they are a registered shareholder, or name of broker where the shares
are held if a beneficial shareholder, so that Continental may provide the proxyholder with a control number via email.
It is important to be connected to the internet
at all times during the Meeting in order to vote when balloting commences.
In order to participate online, Shareholders
must have a valid 12-digit control number and proxyholders must have received an email from Continental containing a control number.
Non-registered Shareholders
Non-registered Shareholders who have received
the Documents from their Intermediary should, other than as set out herein, follow the directions of their Intermediary with respect to
the procedure to be followed for voting at the Meeting. Generally, Non-registered Shareholders will either:
If you are a Non-registered Shareholder, and the
Corporation or its agent has sent these materials directly to you, your name and address and information about your holdings of securities
have been obtained from your Intermediary in accordance with applicable securities regulatory requirements. By choosing to send the Documents
to you directly, the Corporation (and not your Intermediary) has assumed responsibility for (i) delivering the Documents to you and
(ii) executing your proper voting instructions. Please return your voting instructions as specified in the request for voting instructions.
Participating in the Meeting
be hosted online by way of a live audiocast at https://www.cstproxy.com/akandacorp/2022. Shareholders
will not be able to attend the Meeting in person. The Meeting will begin at 11:00 a.m. (Toronto time) on Friday, June 24, 2022.
See "Voting at the Meeting" for additional information regarding how to attend or vote at the Meeting.
Non-registered Shareholders who do not have a
12-digit control number will only be able to attend as a guest which allows such persons to listen to the Meeting, however, Non-registered
Shareholders will not be able to vote or submit questions. If you are using a 12-digit control number to login to the Meeting and you
accept the terms and conditions, you will be revoking any and all previously submitted proxies. However, in such a case, you will be provided
the opportunity to vote by ballot on the matters put forth at the Meeting. If you DO NOT wish to revoke all previously submitted proxies,
please log in as a guest.
If you are eligible to vote at the Meeting, it
is important that you are connected to the internet at all times during the Meeting in order to vote when balloting commences. It is your