Akerna: Acquisition of Viridian Sciences

Akerna to Acquire Viridian Sciences Business Overview • Viridian is built on SAP Business One and serves the cannabis supply chain Over 30 customers, multi-year contracts • $3.5 million in 2020 SaaS Revenue ● ● ● Deal Terms Acquisition price of $6.0 million, 100% stock • 1.7x 2020 SaaS revenue • Cash flow positive • Potential $1.0 million earn-out subject to revenue target ● Expected to close in April 2021 ● Key Customers Trulieve wana HERBL ¡Anthus CANNDESCENT CALIFORNIA 4

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