Jushi Holdings approves option repricing for 9.1M shares; CEO waives 2024 LTIP grant

Jushi Holdings Inc.

Board approved one-time cancellation and regrant of up to 9,136,758 options (34.7% of outstanding) for 6 senior managers and 4 directors.
CEO Jim Cacioppo cancels 5,385,000 vested options and waives 2024 LTIP grant of 3,000,000 options; receives 5,385,000 replacement options.
CEO replacement options vest 50% immediately, 50% on first anniversary; others vest over 3 years.
Replacement options reissued after 30-day period at current market price with 10-year term.
Program voluntary; non-participating options remain unchanged under original terms.

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