1Q21 Investor Update

DEEP EXECUTIVE TALENT POOL Jonathan Sandelman Chief Executive Officer 30-year veteran of banking and finance, with a history of generating shareholder value Served as President of Bank of America Securities after building its capital markets businesses through the early 2000s, building Bank of America Securities beyond its roots as a consumer and corporate lender. 00 8 Jennifer Drake Co-Chief Operating Officer ● ● Proven business leader in large blue chip institutions and at lean start-ups Former Managing Director at Goldman Sachs with extensive M&A experience Jason Griffith Co-Chief Operating Officer Veteran business builder in banking and finance with senior positions at Bank of America, J.P. Morgan and Jefferies. Manages Ayr's operating businesses to drive organic growth and integrate acquisitions. Jamie Mendola Head of Strategy and M&A Nearly two decades of experience in public and private equity and an active cannabis investor. Founder and portfolio manager of hedge fund Pacific Grove Capital. Co oj Co Co Brad Asher Chief Financial Officer Mark Pitchford Chief Development Officer ● Previously served as Controller for Ayr and was instrumental in implementing software and financial controls to drive efficiencies across Ayr's portfolio of businesses Former team lead at KPMG and Vice President Controller for a global ad-tech company Megan Kulick Head of Investor Relations ● ayr 20+ year veteran in the cannabis sector with deep expertise in cultivation, extraction, production and manufacturing Founding member of Washoe Wellness and The Canopy NV Chris Burggraeve Director, Board of Experts (Branding) Over 25 years of experience in public equity markets as a research analyst and portfolio manager Entered the cannabis industry in 2018 to guide IR efforts of public companies Award-winning global business marketer and active cannabis entrepreneur Over 30 years of global marketing experience at Proctor and Gamble, the Coca Cola Company, and AB InBev, where he was global CMO CSE:AYR.A, OTC:AYRWF 22

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