#United States #Louisville #shareholder meeting #Charlotte's Web #CBD

Charlotte's Web Holdings Announces 2025 Shareholder Meeting Results

Charlotte's Web Holdings, Inc., a recognized leader in hemp-based wellness products, has officially disclosed the results of its recent annual general meeting (AGM) held on June 12, 2025. This meeting, important for stakeholders, was conducted via live audio webcast, allowing for accessibility across the company's diverse shareholder base.

Voting Participation

A total of 58,493,957 votes were cast during the meeting, accounting for approximately 36.87% of the total eligible votes attached to the outstanding shares. This figure demonstrates a solid engagement from shareholders concerned about corporate governance and future developments within the company.

The proxy statement dated April 29, 2025, which is available for public viewing on both the Company’s SEDAR and EDGAR profiles, provided detailed information on the voting process. It highlights the transparency and commitment to communication that Charlotte's Web promises to its stakeholders.

Election of Directors

The central focus of the meeting was the election of the board of directors. The following are the results of the votes for each nominee:

• - Jonathan Atwood: 10,483,075 votes (72% for, 28% withheld)
• - Matthew McCarthy: 11,896,877 votes (82% for, 18% withheld)
• - Angela McElwee: 11,902,297 votes (82% for, 18% withheld)
• - William Morachnick: 10,490,456 votes (72% for, 28% withheld)
• - Jared Stanley: 9,676,914 votes (66% for, 34% withheld)
• - Maureen Usifer: 12,639,816 votes (87% for, 13% withheld)

These outcomes indicate a positive reception toward the current board, especially for members such as Maureen Usifer, who received the highest level of support. The voting results underscore shareholders’ enthusiasm for the direction that the board is taking the company.

About Charlotte's Web Holdings

Founded in 2013, Charlotte's Web Holdings, Inc. is based in Louisville, Colorado, and is recognized as a Certified B Corporation. The company is known for its innovation in botanical wellness, focusing on a range of hemp extract wellness products, including full-spectrum and broad-spectrum CBD extracts.

Charlotte's Web's products contain a rich variety of natural compounds, such as CBD, CBN, CBC, CBG, THC, along with terpenes and flavonoids that offer potential health benefits. Their compelling product lineup includes:

• - CBD oil tinctures
• - Various CBD gummies tailored for sleep, calmness, exercise recovery, and immunity
• - CBN gummies
• - Hemp-derived THC microdose gummies
• - Functional mushroom gummies
• - CBD capsules and topical creams
• - Pet products specifically designed for dogs

The company prides itself on maintaining stringent quality control through a vertically integrated business model. Rigorous analytic testing ensures that every product, from cultivation to consumer shelf, meets high standards of quality and safety.

As a leader in the wellness space, Charlotte's Web leverages both physical retail distribution and online sales channels, providing easy access to their products across the United States. Consumers can find Charlotte's Web products in retailers or easily shop directly from their official website at www.charlottesweb.com.

In closing, the results of the 2025 shareholder meeting not only reflect the trust and confidence of the shareholders but also pave the way for future innovations and expansions within the Company. Charlotte's Web remains dedicated to its mission of promoting wellness through natural and effective hemp products.