BZAM LTD. — Capital/Financing Update 2021

Oct 7, 2021

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REPORT

RE: The Green Organic Dutchman Holdings Ltd. (the “Corporation”) At-the-Market Prospectus Supplement dated December 2, 2020 (“ATM Prospectus Supplement”)

The Corporation hereby confirms the following information in respect of the distribution of common shares of the Corporation (each, an “ Offered Share ”) in September 2021 (the “ Offering ”), under the ATM Prospectus Supplement:

1. The Corporation issued 1,352,000 Offered Shares at a weighted average price of $0.25 per Offered Share;

2. The aggregate gross proceeds of the Offering was $335,685.90;

3. The aggregate net proceeds of the Offering was $325,615.32; and

4. The aggregate commissions paid pursuant to the Offering was $10,070.58.

DATED the 7[st ] day of October, 2021.

THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD.

Per: “ Sean Bovingdon ” Name: Sean Bovingdon Title: Chief Executive Officer and Interim Chief Financial Officer