Investor Presentation

Q3 2023 Financial Highlights !! = $89.2 M Net Revenue ✩ +23.7% QOQ !! 8th Consecutive Quarter of Sequential Revenue Growth +34.7% YoY 4 TERRASCEND ✩ !! 53.6% Q3 2023 Gross Profit Margin $24.2 M, +89% QOQ Adjusted EBITDA from Continuing Operations* 27.1% Q3 2023 Adjusted EBITDA Margin* $a 5th Consecutive Quarter of Positive Cash Flow from Continuing Operations $9.4 M Cash Flow from Continuing Operations $7.7 M Free Cash Flow* * Adjusted EBITDA and Adjusted EBITDA margin from continuing operations and Free Cash Flow are non-GAAP financial measures. Please refer to disclaimer on slide 3 and Reconciliation of Non-GAAP Measures in appendix. p. 26

View entire presentation