Ascend Wellness hosted special shareholder meeting on reverse stock split proposal

Ascend Wellness Holdings held a special shareholder meeting on Aug. 28, 2026.

• Stockholders adopted a charter amendment authorizing a reverse stock split, with the board able to set a whole-number ratio from 1-for-10 to 1-for-50.
• The vote did not confirm execution of the reverse split; timing is left to the board, subject to stated limits.
• Approval was also granted to adjourn the meeting if needed to seek additional votes, though no adjournment was required.