CANN GROUP LIMITED — Director's Dealing 2022

Sep 25, 2022

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26 September 2022

ASX Market Announcements Office, Melbourne Level 4, North Tower, Rialto 525 Collins Street MELBOURNE VIC 3000

Dear Sir / Madam

Cann Group Limited (ASX:CAN) – Amended Appendix 3Y – Mr Douglas Rathbone

Please see attached amended Appendix 3Y Change of Director’s Interest Notice for Mr Douglas Rathbone after it was noted that an entity in which Mr Douglas Rathbone has a controlling interest participated in the Cann Group Share Purchase Plan ( SPP) in October 2021 but the relevant form was not lodged with the ASX due to an administrative error. A review of Cann’s reporting processes has been undertaken and improvement to processes have now been implemented to prevent any such occurrence in the future.

Yours faithfully,

Geraldine Farrell Company Secretary Cann Group Limited

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Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Cann Group Limited
ABN	25 603 949 739

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Doug Rathbone
Date of last notice	7 September 2021

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Invia Custodian Pty Ltd **Superannuation A/C> • Sole director of Grapefull Pty Ltd (trustee of Grapefull Superannuation A/C) • Sole shareholder of Grapefull Pty Ltd • Sole member of Grapefull Superannuation Fund Ann Rathbone (Spouse)
Date of change	22 October 2021
No. of securities held prior to change	3,185,217
Class	Fully paid ordinary shares
Number acquired	109,090
Number disposed	Nil

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$30,000
No. of securities held after change	3,294,307
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Participation in Share Placement Plan in October 2022.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011