| | | | | | | | | | | | | | |
| Name and | Position Held | Principal | | Holdings (Security, Number, | | ||||||||
| Place of Residence | | in the Company | | Occupation(1) | | Officer Since | | Percentage of Class) | | ||||
| David Goubert Davie, FL | President and Chief Executive Officer | President and Chief Executive Officer of Ayr; Previously President and Chief Customer Officer, Neiman Marcus and Senior Vice President of Retail, Starboard Cruise Service | November 1, 2022 | Equity Shares | 575,692 | (2) | 0.89 | % | |||||
| | | | | | | | Multiple Voting Shares | Nil | | N/A | | ||
| | | | | | | | Mercer Warrants | Nil | | N/A | | ||
| Brad Asher Miami, FL | Chief Financial Officer | | Chief Financial Officer of Ayr | | November 14, 2019 | Equity Shares | 29,203 | (3) | 0.05 | % | |||
| | | | | | | | Multiple Voting Shares | Nil | | N/A | | ||
| | | | | | | | Mercer Warrants | | Nil | | N/A | | |
| George DeNardo | | Chief Operating Officer | | Chief Operating Officer of Ayr; Previously Senior Vice President of Operations, Columbia Care | | November 13, 2023 | | Multiple Voting Shares | | Nil | | N/A | |
| | | | | | | | | Mercer Warrants | | Nil | | N/A | |
| | | | | | | | | Equity Shares | | Nil | (4) | N/A | |
| Jamie Mendola San Francisco, CA | Chief Business Development Officer | | Chief Business Development Officer of Ayr; Previously Director, Monaker Group and Founder and Chief Investment Officer, Pacific Grove Capital LP | | May 24, 2019 | Equity Shares | 234,462 | (5) | 0.36 | % | |||
| | | | | | | | | Multiple Voting Shares | Nil | | N/A | | |
| | | | | | | | | Mercer Warrants | Nil | | N/A | | |
| | | | | | | | | | | | | | |
| Name and | Position Held | | Director | Holdings (Security, Number, | | ||||||||
| Place of Residence | | in the Company | | Principal Occupation(1) | | Since | | Percentage of Class) | | ||||
| Jonathan Sandelman Miami, FL | Executive Chair | Chief Executive Officer, Mercer Park, L.P. | September 25, 2017 | Equity Shares | 1,034,272 | (2)(3) | 1.60 | % | |||||
| | | | | | | | Multiple Voting Shares | 3,677,626 | (4) | 99.49 | % | ||
| | | | | | | | | Mercer Warrants | 2,874,058 | (5) | 100 | % | |
| Charles Miles Brooklyn, NY | Director | (6)(7) | Consultant, Recapture Partners | (8) | September 25, 2017 | Equity Shares | 232,763 | | 0.36 | % | |||
| | | | | | | | Multiple Voting Shares | 9,430 | 0.26 | % | |||
| | | | | | | | | Mercer Warrants | Nil | N/A | | ||
| Louis F. Karger Needham, MA | Director | Manager, Founder and owner of Panther Properties Management LLC and Panther Residential Management LLC | | May 24, 2019 | Equity Shares | 20,934 | (9) | 0.03 | % | ||||
| | | | | | | | | Multiple Voting Shares | Nil | N/A | | ||
| | | | | | | | | Mercer Warrants | Nil | N/A | | ||
| Glenn Isaacson New York, NY | Director | (7) | President of Bradford Allen’s New York office; Previously Vice Chairman, Cushman & Wakefield | | August 25, 2020 | Equity Shares | 156,214 | | 0.24 | % | |||
| | | | | | | | | Multiple Voting Shares | Nil | N/A | | ||
| | | | | | | Mercer Warrants | Nil | N/A | | ||||
| Michael Warren San Francisco, CA | Director | (7) | Managing Director, Allspring Global Investments;Previously Managing Director, Wells Fargo Asset Management | | August 3, 2023 | Equity Shares | Nil | | N/A | | |||
| | | | | | | | | Multiple Voting Shares | Nil | | N/A | | |
| | | | | | | | | Mercer Warrants | Nil | | N/A | | |
| Joyce Johnson -Miller Chicago, IL | Director | (7) | Chairwoman, Pacific Gate Capital Management | | January 20, 2022 | Equity Shares | 3,537 | | 0.01 | % | |||
| | | | | | | | Multiple Voting Shares | Nil | | N/A | | ||
| | | | | | | | | Mercer Warrants | Nil | | N/A | | |
| | | | | | | | | | | | | | |
| | | | | | | |
| | | High Price | | Low Price | | |
| Month | (C$) | (C$) | Traded Volume | |||
| December 2023 | | 3.93 | | 2.07 | | 3,094,968 |
| November 2023 | 3.17 | 1.49 | 4,537,858 | |||
| October 2023 | 3.46 | 1.47 | 3,831,193 | |||
| September 2023 | 4.45 | 1.66 | 6,457,458 | |||
| August 2023 | 2.00 | 1.07 | 1,729,113 | |||
| July 2023 | 1.78 | 1.16 | 2,533,371 | |||
| June 2023 | 1.43 | 1.09 | 1,392,925 | |||
| May 2023 | 1.87 | 0.92 | 3,429,378 | |||
| April 2023 | 1.17 | 0.78 | 2,110,481 | |||
| March 2023 | 1.57 | 0.86 | 3,206,063 | |||
| February 2023 | 1.87 | 1.53 | 2,346,893 | |||
| January 2023 | 1.97 | 1.60 | 1,991,932 |
| | | | | | | |
| Fee Category | Fiscal Year 2023 ($) | Fiscal Year 2022 ($) | ||||
| Audit Fees to Marcum LLP | | $ | 412,000 | | $ | 410,000 |
| Audit-Related Fees to Marcum LLP | | | 299,698 | | | N/A |
| Tax Services Fees to Marcum LLP | | | N/A | | | N/A |
| Other Fees to Marcum LLP | | | 27,500 | | | 72,000 |
| TOTAL | | $ | 739,198 | | $ | 482,000 |
