Q1 Fiscal 2024 Capital Structure Review slide image

Q1 Fiscal 2024 Capital Structure Review

• STRATEGIC INVESTMENTS IN INNOVATION Organigram has a track-record of first-to-market innovations and is positioned to realize defensible competitive advantages from investments in technology First-to-market Successes Milled flower with custom flavour blends introduced under Organigram's highly successful SHRED brand Patent pending Rip-Strip hash - a revolutionary new way for consumers to experience Hash Edison JOLTS-the first patented ingestible extract introduced to the Canadian consumer Canada's only whole-flower derived THCV portfolio - THCV is a minor cannabinoid touted for its appetite suppressing qualities EDISON SHREDEMS GUAVA LIME GO-TIME ng THC 10 mg THCV PER PACK SATION GUAMARS EDISON JOLTS ELECTRIC LEMON SATIVA LOZENGES JOLTS FRESHLY MINTED SATIVA LOZENGES SHREDX RIP-STRIP HASH 10 STRIPS |2g|35%+ THC 100 00 blueberry blaster nder • . • Growing Portfolio of Competitive Technologies The PDC is in the late-stage development of product innovations which are planned to be applied to certain products within Organigram's portfolio in calendar 2024 Organigram's facility CAPEX projects focused on production & packaging automation and internalizing testing & remediation are complete and expect to realize annual cost savings in F2024 Investment in Green Tank Technologies Corp. ("Greentank") vaporization hardware to solve pain points in flavour performance and clogging Investment in US-based Phylos Bioscience Inc. ("Phylos") provides exclusive access to high-THCV cultivars and technical know-how. As a result, Organigram has begun transitioning a portion of its grow rooms to cost-effective, seed-based production, and this is expected to yield more robust and consistent harvests while reducing grow time and production costs ORGANIGRAM 12 12
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