Investor Presentaiton

FY2024 BUSINESS OUTLOOK Second Half of FY2024 Focus and Priorities: Complete execution of business transformation initiatives and deliver positive Adjusted EBITDA in all business units exiting FY2024 • Accelerate revenue growth in core businesses: . Canadian cannabis: Deliver stable to improved performance in priority market segments, execute against growth opportunities . Storz & Bickel: Support launch of new Venty portable vaporizer, expand U.S. distribution • Rest of World cannabis: Capitalize on growth opportunities in Australia, Poland and Czech; enhance product and commercial capabilities in Germany Improve cash flow, continue to reduce debt and strengthen the balance sheet. LONG-TERM OUTLOOK Long-term Outlook • • Consolidation and stabilization in Canadian cannabis as industry matures U.S. federal permissibility opening the world's largest cannabis market, with Canopy USA platform poised to capitalize International Platforms for growth established in Europe (based in Germany) and Oceania (based in Australia) to capitalize on further medical and adult-use legalization Global reach of Storz & Bickel to capitalize on new legalized markets as a strategic adjacency to cannabis operations Capital markets access via dual-listing in Canada and U.S. 1 Adjusted EBITDA is a Non-GAAP measure. See Non-GAAP measure section in the Disclaimers and Cautionary Statements section of this Presentation... 14

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