Organigram Global Inc. · TSX:OGI
Organigram Global — Merger or Acquisition (February 2026)
15 slides from Organigram Global's merger presentation, Feb 18, 2026
Slide 1: Proposed Acquisition of Sanity Group GmbH
Acquisition. Proposed Acquisition of Sanity Group GmbH (“Sanity Group”) February 18, 2026
Slide 2: Cautionary Statement
Cautionary Statement This document is current as of February,18 2026, except where otherwise stated. The reduction in gross margins. Such assumptions are based on management's assessment of and operational performance of the Company. These include adjusted EBITDA, adjusted information contained in t
Slide 3: Transaction Summary
Transaction Summary Organigram to acquire Sanity Group, the #2 cannabis company by market share1 in Germany—the world’s second-largest federally legal cannabis market. Sanity Group Deal Terms Pro-Forma Entity A Leading European Cannabis Upfront consideration of €80 million Leveraging strong domestic
Slide 4: Transaction Summary (cont…)
Transaction Summary (cont…) Transaction consists of an upfront consideration in cash and Organigram shares, plus a performance based earnout component. In Millions Euros (CAD) Upfront share-based consideration priced at $3.00 per Organigram share (a 42% premium to the February 17, 2026, Deal Valuati
Slide 5: Transaction Highlights
Transaction Highlights Cements Organigram’s position as a fast-emerging global leader in cannabis in both the world’s largest federally legal cannabis market (Canada) and the second-largest federally legal market globally (German medical cannabis). Establishes a vertically integrated European hub an
Slide 6: Sanity Group Summary
Sanity Group Summary Sanity Group is a leading German cannabis company comprised of three verticals: Recreational Cannabis, Medical Cannabis, and Wellbeing. Medical Cannabis Recreational Wellbeing Pharmaceutical Insured Self-Payer Scientific recreational Clinical development of Extracts, API, flower
Slide 7: Sanity Group Business Highlights
Sanity Group Business Highlights Strategically expanding European footprint: Operations expanding beyond Germany and Switzerland, including Poland, the UK, and Czechia. Operates Europe’s first two legal retail cannabis locations via Swiss pilot projects, with plans to expand further. “ Sanity’s stro
Slide 8: Sanity Financial Performance
Sanity Financial Performance1 In the quarter ended December 31st, 2025, Sanity Group generated approximately €19 million of net revenue. € 75 47% € 65 Based on Sanity and Germany’s historic growth rate and Euromonitor’s forecast of the German market € 55 € 60.3 doubling by 2028, Organigram expects a
Slide 9: Organigram Pro-Forma Net Revenue
Organigram Pro-Forma Net Revenue1 Transaction expected to significantly increase Organigram’s overall scale and net revenue. Converted from Euros to CAD at €1.00/$1.62 $500.0 (Millions) $465.5 $450.0 $400.0 $162.0 2 $350.0 $300.0 $250.0 $200.0 $150.0 $303.5 $303.5 $100.0 $50.0 $- Organigram F'26 Con
Slide 10: Strong Pro-Forma Entity
Strong Pro-Forma Entity Market leadership in the world’s two largest federally regulated markets: #1 in Canada1, #2 in Germany2 “ Organigram’s proven track record in executing highly strategic and complementary M&A is exemplified by Significantly expanded international footprint with commercial oper
Slide 11: Strong Pro-Forma Entity
Strong Pro-Forma Entity1 Canada and Germany are the world’s largest and second largest federally legal cannabis markets. Organigram is #1 in Adult-Use Rec in Canada’s legal cannabis Sanity estimates it is #2 in German branded market share3 by market2 (>C$6B annually), with Adult-Use representing 93%
Slide 12: Pro-Forma Organigram Capitalization Table
Pro-Forma Organigram Capitalization Table Pre-transaction share structure and pro-forma shares outstanding given upfront consideration and performance-based earnout. Sanity Earnout Pro-Forma December 31, Pro-Forma – Pro-Forma Capitalization 1 Acquisition (Maximum (Maximum 2025 Upfront Only (Upfront
Slide 13: Simplified Pro-Forma Organigram Capitalization
Simplified Pro-Forma Organigram Capitalization PRO-FORMA UPFRONT CONSIDERATION PRO-FORMA MAXIMUM EARNOUT 22% 20% BAT BAT Pro Forma Ownership 40% Pro Forma Ownership 50% of 48% of 43% 23% 26% 17% 2% Existing Organigram Shareholders BAT Common Shares BAT Preferred Shares Sanity (ex-BAT) (Including Acc
Slide 14: Transaction Participants & Advisors
Transaction Participants & Advisors
Slide 15: Thank You.
ORGANIGRAM | Thank You. GLOBAL ss Qe ORGANIGRAM GLOBAL
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