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SNDL Announces 2023 Annual General Meeting Results CALGARY, AB

Key Takeaway: SNDL Inc. announced the results of its 2023 Annual General Meeting, where shareholders approved key resolutions. The number of directors was fixed at six, with all nominated individuals elected to the board for the upcoming year. Additionally, Marcum LLP was re-appointed as the company's auditors. Full voting results from the meeting can be found on SEDAR.

Market Sentiment Analysis

POSITIVE FACTORS

  • Shareholders approved all proposed resolutions during the AGM.
  • The board was successfully structured with 6 directors.
  • Marcum LLP was re-appointed as auditors, indicating confidence in the firm.

Full Press Release Details

SNDL Announces 2023 Annual General Meeting Results
CALGARY, AB, July 27, 2023 /CNW/ - SNDL Inc. (Nasdaq:
SNDL) ("SNDL" or the "Company") is pleased to announce the resolutions put to holders of common shares (the "Shareholders")
at the Annual General Meeting (the "Meeting") were passed.
At the Meeting, Shareholders approved: (i) fixing
the number of directors to the board at six (6); (ii) electing each of Greg Mills, Zach George, Greg Turnbull, Bryan D. Pinney, Lori Ell
and Frank Krasovec as directors of the Company for the ensuing year; and (iii) re-appointing Marcum LLP as the auditors of the Company
for the ensuing year and authorizing the board of directors of the Company to set their remuneration.
The following votes were received with respect to
fixing the number of directors to the board to six (6):
# of Votes For % of Votes For # of Votes Withheld % of Votes Withheld
72,052,523 92.17 0 0.000
The following votes were received with respect to each director nominee:
Nominee # of Votes For % of Votes For # of Votes Withheld % of Votes Withheld
Greg Mills 20,782,134 84.64 3,770,406 15.36
Zach George 20,859,622 84.96 3,692,917 15.04
Greg Turnbull 20,667,943 84.18 3,884,596 15.82
Bryan D. Pinney 20,813,104 84.77 3,739,436 15.23
Lori Ell 20,834,120 84.86 3,718,420 15.14
Frank Krasovec 20,886,956 85.07 3,665,584 14.93
The following votes were received with respect to the re-appointment of Marcum LLP as the auditors of the Company:
# of Votes For % of Votes For # of Votes Withheld % of Votes Withheld
69,028,613 93.33 4,933,895 6.67
Full voting results on the matters voted on at the Meeting can be found on SEDAR.
SNDL is a public company whose shares are traded on
the Nasdaq under the symbol "SNDL." SNDL is the largest private-sector liquor and cannabis retailer in Canada with retail banners
that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf, and Firesale Cannabis. SNDL is a licensed cannabis producer
and one of the largest vertically integrated cannabis companies in Canada specializing in low-cost biomass sourcing, premium indoor cultivation,
product innovation, low-cost manufacturing facilities, and a cannabis brand portfolio that includes Top Leaf, Contraband, Citizen Stash,
Sundial Cannabis, Palmetto, Bon Jak, Spiritleaf Selects, Versus Cannabis, Value Buds, Vacay, Grasslands and Superette. SNDL's investment
portfolio seeks to deploy strategic capital through direct and indirect investments and partnerships throughout the North American cannabis
For more information on SNDL, please go to www.sndl.com.
SOURCE Sundial Growers Inc.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2023/27/c1140.html
For further information: Sophie Pilon, SNDL Inc., O: 1.587.327.2017,
CO: Sundial Growers Inc.
CNW 16:15e 27-JUL-23

Frequently Asked Questions

What were the results of SNDL's 2023 Annual General Meeting?

At SNDL's 2023 AGM, all resolutions were successfully passed by shareholders.

How many directors were approved for SNDL's board?

SNDL's shareholders approved fixing the board to six directors.

Who were the elected directors of SNDL for 2023?

Directors elected include Greg Mills, Zach George, Greg Turnbull, Bryan D. Pinney, Lori Ell, and Frank Krasovec.

Which firm was re-appointed as SNDL's auditors?

Marcum LLP was re-appointed as auditors for SNDL for the upcoming year.

How many votes were in favor of re-appointing Marcum LLP?

69,028,613 votes, representing 93.33%, were in favor of re-appointing Marcum LLP.

Last updated: Jul 27, 2023