Cannabist Company Holdings approves Transaction Bonus Plan and amends Channon employment

Cannabist Co Holdings Inc.

Compensation Committee approved a Transaction Bonus Plan on July 16, 2025, with a bonus pool of 1.5% of transaction value, capped at $5 million.
CEO David Hart and President Jesse Channon each receive 29% of the bonus pool; CFO Derek Watson receives 10%.
President Jesse Channon entered a second amended employment agreement on July 17, 2025, providing 18 months of base salary and target bonus upon a 'Good Reason' resignation.
Bonus payments are made in three installments: one-third at close, one-third at 60 days, one-third at 90 days, with forfeiture upon voluntary termination or termination for cause.

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