CANN GROUP LIMITED — Share Issue/Capital Change 2021

Mar 10, 2021

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11 March 2021

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

Attention: Ms Melissa Kostopoulos

Dear Melissa

NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT - ISSUE OF SHARES

Cann Group Limited (ASX:CAN) ( CAN ) provides notice that 4,278,615 fully paid ordinary shares ( Shares ) were issued on 10 March 2021 in relation to a component of the purchase price payable for the acquisition of the Satipharm group of companies as announced by CAN on 15 February 2021.

CAN gives notice that:

• (a) the Shares were issued without disclosure under Part 6D.2 of the Corporations Act 2001 (Cth) ( Act );

• (b) this notice is being given under section 708A(5)(e) of the Act;

• (c) as at the date of this notice, CAN has complied with:

  • (i) the provisions of Chapter 2M of the Act as they apply to CAN; and

  • (ii) section 674 of the Act;

• (d) as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) or 708A(8) of the Act.

Yours faithfully

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Geraldine Farrell Company Secretary Cann Group Limited

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