Curaleaf Implements Automatic Securities Disposition Plan for Executives

Curaleaf Implements Automatic Securities Disposition Plan

In a significant move, Curaleaf Holdings, Inc. (TSX: CURA / OTCQX: CURLF), one of the foremost international providers of consumer cannabis products, has announced the establishment of an Automatic Securities Disposition Plan (ASDP). Effective December 31, 2025, this plan was set up by Peter Clateman, the Company's Chief Legal Officer, to facilitate the genuine and systematic handling of certain securities.

Understanding the ASDP

The Automatic Securities Disposition Plan serves a crucial function in managing executives' securities sales while aligning with ethical standards and regulatory compliance. Under the ASDP, Mr. Clateman can execute options slated to expire in July 2027. The plan notably accommodates the sale of a fraction of the subordinate voting shares he holds, ensuring that proceeds can cover anticipated tax obligations. The shares will be sold at the current market price starting from April 2, 2026, over the forthcoming three months.

These ASDPs hold particular importance due to securities regulations that impose restrictions on corporate insiders regarding share sales. By pre-arranging a securities disposition plan, insiders like Mr. Clateman can trade without the concern of possessing material non-public information, thereby promoting transparency and fairness in the market.

Regulatory Compliance and Market Impact

The establishment of the ASDP underscores Curaleaf’s commitment to adherence to both United States and Canadian securities legislation. These laws permit insiders to engage in trades without jeopardizing their compliance with trading policies essential for maintaining public trust. Furthermore, the rules governing ASDPs assure that any transactions conducted will do so independent of personal interest or market-sensitive information.

Under this framework, all sales of subordinate voting shares will require execution by an independent broker, following specified trading parameters. This separation of duties is a safeguard against any undue influence that could arise from Mr. Clateman's position within the company. The ASDP sets explicit boundaries, limiting Mr. Clateman's ability to amend or cancel the plan during its active period, further reinforcing compliance and transparency.

How It Works

The sales carried out under the ASDP will be executed in alignment with the instructions detailed within the plan itself. Each transaction will be documented and reported to adhere to applicable securities legislation, ensuring that stakeholders remain informed about the sales tied to this specific plan. Furthermore, investors can access detailed information on each ASDP transaction by visiting SEDI at www.sedi.ca, providing a layer of accountability to the trading process.

It is also essential to recognize that not all shares encapsulated in the ASDP may be sold within the active term. This aspect highlights the variable market conditions that could influence the overall execution of the plan.

About Curaleaf Holdings

Curaleaf stands at the forefront of the cannabis industry, known for its reliable and high-quality consumer products. With a mission centered on enhancing lives through the power of cannabis, Curaleaf has garnered a reputable position within the medical and adult-use markets. The company, which operates brands like Curaleaf, Select, and Grassroots, exemplifies reliability and innovation across all levels of its service and product offerings.

With its robust distribution network flowing across Europe, Canada, and Australasia, Curaleaf successfully integrates pioneering science and research with cutting-edge production techniques to deliver top-notch cannabis products to customers. Established on vast expertise in cultivation, extraction, and production, the company continues to lead the dynamic cannabis market, facilitating access and education regarding the benefits of cannabis.