Planet 13 Holdings Inc. — Proxy Solicitation & Information Statement 2022

Jun 17, 2022

PLANET 13 HOLDINGS INC. 2548 WEST DESERT INN ROAD LAS VEGAS, NEVADA 89109

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SCAN TO VIEW MATERIALS & VOTE �

VOTE BY INTERNET

Before The Meeting - Go to www.proxyvote.com or scan the QR Barcode above

Use the Internet to transmit your voting instructions and for electronic delivery of information up until 11:59 p.m. Eastern Time on July 26, 2022. Have your proxy card in hand when you access the web site and follow the instructions to obtain your records and to create an electronic voting instruction form.

During The Meeting - Go to www.virtualshareholdermeeting.com/PLNHF2022

You may attend the meeting in person or via the Internet and vote during the meeting. Have the information that is printed in the box marked by the arrow available and follow the instructions. Please check the meeting materials for any special requirements for meeting attendance and voting in person.

VOTE BY PHONE - 1-800-690-6903

Use any touch-tone telephone to transmit your voting instructions up until 11:59 p.m. Eastern Time on July 26, 2022. Have your proxy card in hand when you call and then follow the instructions.

VOTE BY MAIL

Mark, sign and date your proxy card and return it in the postage-paid envelope we have provided or return it to Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717.

TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS:

D87306-P76463

THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED.

PLANET 13 HOLDINGS INC.

The Board of Directors recommends you vote FOR the following: 1. Election of Directors Nominees: For Withhold 1a. Robert Groesbeck ! ! 1b. Larry Scheffler ! ! 1c. Michael Harman ! ! 1d. Adrienne O’Neal ! !

KEEP THIS PORTION FOR YOUR RECORDS DETACH AND RETURN THIS PORTION ONLY

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The Board of Directors recommends you vote FOR the following proposal:

1. To re-appoint Davidson & Company LLP as the auditors of the Company for the ensuing year and to authorize the directors of the Company to fix the remuneration to be paid to the auditors.

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NOTE: Such other business as may properly come before the meeting or any adjournment thereof.

Please sign exactly as your name(s) appear(s) hereon. When signing as attorney, executor, administrator, or other fiduciary, please give full title as such. Joint owners should each sign personally. All holders must sign. If a corporation or partnership, please sign in full corporate or partnership name by authorized officer.

Signature [PLEASE SIGN WITHIN BOX] Date Signature (Joint Owners) Date

Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting: The Notice and Proxy Statement, Annual Report on Form 10-K and Request for Financial Statements are available at www.proxyvote.com.

D87307-P76463

PLANET 13 HOLDINGS INC. ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON JULY 27, 2022 12:00 P.M. (PACIFIC DAYLIGHT TIME) THIS PROXY IS SOLICITED BY THE BOARD OF DIRECTORS

as my/our proxyholder with full power of substitution and to attend, act, and to vote for and on behalf of the holder in accordance with the following direction (or, if no directions have been given, as the proxyholder sees ft) and all other matters that may properly come before the Annual Meeting of the Company to be held in person at 2548 West Desert Inn Road, Las Vegas, Nevada 89109, and online at www.virtualshareholdermeeting.com/PLNHF2022 on July 27, 2022 at 12:00 P.M. (Pacifc Daylight Time) or at any adjournment thereof. Proxies must be received by 11:59 P.M. (Eastern Time) on Tuesday, July 26, 2022. Print the name of the person you are appointing if this person is someone other than the Management Nominees listed herein: Appointment of Proxyholder I/We being the undersigned Shareholder(s) of Planet 13 Holdings Inc. (the "Company") hereby appoint(s): Robert Groesbeck, Co-Chief Executive Officer, or failing this person, Larry Scheffer, Co-Chief Executive Offcer (the "Management Nominees") OR Notes to Proxy 1. Every holder has the right to appoint another person or entity of their choice, who need not be a shareholder, to attend and act on the holder's behalf at the Annual Meeting or any adjournment or postponement thereof. If you wish to appoint a person or entity other than the Management Nominees whose names are printed herein, please insert the name of your chosen proxyholder in the space provided (see above). 2. If the securities are registered in the name of more than one holder (for example, joint ownership, trustees, executors, etc.) then all of the registered owners must sign this proxy in the space provided on the reverse. If you are voting on behalf of a corporation or another individual, you may be required to provide documentation evidencing your power to sign this proxy with signing capacity stated. 3. This proxy should be signed in the exact manner as the name appears on the proxy. 4. If this proxy is not dated, it will be deemed to bear the date on which it is mailed by the Company to the holder. 5. The securities represented by this proxy will be voted as directed by the holder; however, if such a direction is not made in respect of any matter, this proxy will be voted as recommended by the Board of Directors. 6. The securities represented by this proxy will be voted or withheld from voting, in accordance with the instructions of the holder, on any ballot that may be called for and, if the holder has specifed a choice with respect to any matter to be acted on, the securities will be voted accordingly. 7. This proxy confers discretionary authority in respect of amendments to matters identifed in the Notice of Meeting or other matters that may properly come before the Annual Meeting. 8. This proxy should be read in conjunction with the accompanying documentation provided by the Company.