Vireo Growth amends CEO and CFO employment agreements; RSUs tied to stock price and EBITDA targets

Vireo Growth Inc.

CEO Mazarakis: 19M Time-Vested RSUs now vest 30% at year 1, 35% at $0.85 VWAP year 2, remaining at $1.05 VWAP year 3.
CEO Performance-Vested RSUs (19M) vest in thirds when AEBITDA exceeds $150M, $165M, $205M and net leverage <2.2x.
CFO Macdonald: 9.5M Time-Vested RSUs with same VWAP-based vesting; 9.5M Performance-Vested RSUs tied to same AEBITDA targets.
Debt refinance bonus threshold lowered from $80M to $60M; CEO bonus 0.8%, CFO 0.4% (down from 1%).
Transaction bonus tied to acquisition multiple ≤5x TEV; sale bonus triggers at $1.15+ per share; capital raise bonus unchanged.

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