Mr. Ziad Ghanem reports

TERRASCEND APPOINTS LYNN GEFEN TO EXPANDED ROLE OF CHIEF PEOPLE OFFICER

Terrascend Corp. has appointed Lynn Gefen as chief people officer in addition to her existing role as chief legal officer and corporate secretary, effective Nov. 12, 2024.

"Lynn has proven to be an exceptional member of our leadership team since she joined Terrascend in May of 2022. She has brought not only technical expertise, but a passion for culture. With the natural overlap between people programs and the legal function, Lynn is uniquely positioned to take on this expanded role," stated Ziad Ghanem, president and chief executive officer of Terrascend. "Consolidating these roles aligns with our focus on streamlining our operations and optimizing our resources to drive efficiencies while not sacrificing agility," continued Mr. Ghanem.

"Joining Terrascend has been an extraordinary opportunity, and I am honoured to take on these additional responsibilities," said Ms. Gefen, chief people and legal officer, and corporate secretary. "Our people are critical to executing on our ambitious growth strategy heading into 2025 and I look forward to working cross-functionally to drive these programs with our talented team," continued Ms. Gefen.

Prior to her roles at Terrascend, Ms. Gefen served as deputy general counsel, chief risk and compliance officer, and assistant secretary at HomeServe, a publicly traded, independent provider of home repair service solutions. In addition to her roles at HomeServe, Ms. Gefen has worked for Diageo North America, a global leader in beverage alcohol, focusing on regulatory matters, privacy and compliance, and for Citrix Systems, a multinational cloud computing and virtualization technology company, where she led a team with global responsibility for corporate and compliance matters including securities, commercial transactions, litigation, governance and employment. Ms. Gefen began her legal career as an associate at Thacher Proffitt & Wood and Holland & Knight. Ms. Gefen received a J.D. from American University and a bachelor of arts from the University of Florida.

About Terrascend Corp.

Terrascend is a leading Toronto Stock Exchange listed cannabis company with interests across the North American cannabis sector, including vertically integrated operations in Pennsylvania, New Jersey, Maryland, Michigan and California through Terrascend Growth Corp. and retail operations in Canada through Terrascend Canada Inc. Terrascend operates The Apothecarium, Gage and other dispensary retail locations as well as scaled cultivation, processing and manufacturing facilities in its core markets. Terrascend's cultivation and manufacturing practices yield consistent, high-quality cannabis, providing industry-leading product selection to both the medical and legal adult-use markets. The company owns or licenses several synergistic businesses and brands, including Gage Cannabis, The Apothecarium, Cookies, Lemonnade, Ilera Healthcare, Kind Tree, Legend, State Flower, Wana and Valhalla Confections.

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