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Investor Presentation

Meet a Few Members of Leadership. Luis Merchan Chairman & CEO Luis Merchan is a proven executive with over 10 years of experience in enterprise sales management, corporate strategy, merchandising and expense management and customer experience. He previously served as Vice President of Workforce Strategy and Operations for Macy's Inc. where he managed the enterprise's P&L expense line for its 540-store portfolio. Throughout his tenure at Macy's, prior to his most recent role, Mr. Merchan held various executive-level roles at Macy's as well as managerial roles at Target. Mr. Merchan obtained his Bachelor of Industrial Engineering from Pontifical Xaverian University in Bogotá, Colombia and his MBA from McNeese State University. Mr. Merchan also holds a Graduate Certificate in Marketing Management from Harvard University and is NACD Directorship Certified. James Choe Chief Strategy Officer James Choe joins Flora's team as Chief Strategy Officer. Choe was the founder and CEO of Vessel that was acquired in November 2021 by Flora Growth. Choe got his first taste of startups in 1999 with broadband pioneer Softnet Systems in Mountain View, CA. After building the business to prominence and growing to more than 400 employees, Choe left to pursue his heart's passion - a career in the sports industry where he would represent athletes in the Olympics, NFL, MLB, NHL, Lacrosse and Action Sports for over 12 years.. Throughout his 20-year career, Choe has mentored and consulted over 100 brands to date, while he has also led the design, development and successful launch of more than 400 products across nearly all CPG categories. Originally from Saratoga, CA, Choe graduated from San Diego State University. Jessie Casner Chief Marketing Officer Jessie Casner joins Flora as Chief Marketing Officer and was previously the Vice President of Marketing for Vessel Brand, the recently acquired ancillary accessory brand based in Carlsbad, California. An experienced omnichannel marketer and storyteller, Casner previously operated her own agency, Junction Marketing, where she developed and executed bespoke go-to-market strategies. An early team member of The Active Network during its rapid growth phase (pre-IPO and acquisition), MOGL (now EMPYR, during series A/B funding), 2XU, and Total Gym, Casner brings a strong knowledge and background in the startup, CPG, cannabis, sports and apparel industries. Casner in her role with the company, will lead the communications and narrative building for Flora and all subsidiary brands as well as craft the plan for Flora brand awareness activities in both the consumer and investor markets. Elshad Garayev Chief Financial Officer Garayev brings over 25 years of experience in finance supporting successful organizations through the development and implementation of accounting and reporting policies as well as building high-performance finance teams. Garayev has served in a variety of financial leadership roles at companies such as Amazon, Boeing BP and RPK Capital, managing a diverse array of initiatives at various companies. As CFO, Garayev will focus on financial controls and governance, management of cash position to optimize the utilization of resources across the organization and continued evolution of systems and processes as Flora moves towards quarterly financial reporting. Garayev will also play a critical role in assisting in the execution of Flora's strategy to drive profitable growth and enhance shareholder value. Dr. Annabelle Manalo-Morgan Director and Lead Scientist Dr. Annabelle is a scientist, educator, author, mother of five, and a respected key opinion leader. She is a cell and developmental biologist from Vanderbilt University in Nashville, Tennessee, with a background in neuroscience from Georgetown University. She earned her Ph.D. in Cell and Developmental Biology with a focus in Cardio-Oncology and has since become a philanthropist and entrepreneur focused on pharmaceutical innovation and clinical trial research in medical cannabis. FLORA GROWTH 5
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