Trading Update Correction

CLS Holdings plc ("CLS", the "Company" or the "Group")

Correction

The following amendment has been made to the 'Trading Update for the financial year ended 31 December 2024' announcement released on 24 February 2025 at 7am.

There was a misprint for one number such that the paragraph under the Liquid resources, financing and rent collection should have read:

"All 2024 financing activity was executed successfully with nine loans totaling £154.5 million being refinanced, financed or extended for more than one year at an average rate of 5.13%, including £137.7 million fixed at 4.99%."

All other details remain unchanged.

-ends-

For further information, please contact:

CLS Holdings plc

(LEI: 213800A357TKB2TD9U78)

www.clsholdings.com

Fredrik Widlund, Chief Executive Officer

Andrew Kirkman, Chief Financial Officer

+44 (0)20 7582 7766

Panmure Liberum

Jamie Richards

David Watkins

+44 (0)20 3100 2000

Berenberg

Carl Gough

Harry Nicholas

+44 (0)20 3207 7800

Edelman Smithfield (Financial PR)

Alex Simmons +44 7970 174 353

Hastings Tarrant +44 7813 407 665

cls@edelmansmithfield.com