1Q24 Investor Update slide image

1Q24 Investor Update

● ● ORGANIGRAM KEY STRENGTHS STRONG BALANCE SHEET Negligible debt (less than $0.2M) $54.6M in cash¹ Balance sheet to be further strengthened by $124.6M follow- on commitment from BAT announced Nov ember 6, 2023 ORGANIGRAM ● ● STATE-OF-THE- ART FACILITIES *** Moncton facility is one of the largest indoor cannabis facility in the world Centre of Excellence, an R&D collaboration in partnership with BAT Dedicated edibles facility in Winnipeg, MB • Craft cultivation and hash facility in Lac- Supérieur, QB ● ● ● ● HIGH PERFORMING $233.6M gross revenue in FY2023 #2 in national market share² #1 market share in milled flower and hash² #2 market share in gummies ² #3 market share in pre-rolls and flower² ● NATIONAL & INTERNATIONAL REACH 1. Including restricted cash as of December 31, 2023. 2. As of December 31, 2023 - Multiple Sources (Hify re, Weedcrawler, provincial boards, internal modelling). National sales and distribution in all 10 Canadian provinces and the Yukon Serving international markets via export perm its • Creation of project Jupiter - an $83 million strategic investment pool focused on international markets ● ● ● ● INNOVATION FOCUS First to market with multiple award- winning innovative form ats PDC with BAT for long term research and IP Launched exclusive new vape hardware in Q2 F2024 Invested in seed- based production and in biosynthesis ● ● EXCELLENCE IN EXECUTION Consumer insights - focused leading to brand & product excellence Track record of successful post-M&A integrations Responsible capital stewardship resulting in flexibility in tough market conditions 8
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