PEI Cannabis 2023 Annual Report

Cost Disposals Cost Amort Amort Disposals Amort Net

Beginning and Write End Beginning in the and Write End Book of Year Additions Downs of Year of Year Year Downs of Year Value

Equipment $ 220,544 $ 9,295 $ - $ 229,839 $ 139,442 $ 45,038 $ - $ 184,480 $ 45,359 Computer equipment 29,418 3,172 - 32,590 20,593 5,883 - 26,476 6,114 Information systems 343,918 1,503 - 345,421 172,943 68,821 - 241,764 103,657 Computer software 114,921 - - 114,921 77,728 17,214 - 94,942 19,979 Leasehold improvements 2,115,287 63,304 - 2,178,591 554,528 166,970 - 721,498 1,457,093 2,824,088 77,275 - 2,901,362 965,234 303,927 - 1,269,160 1,632,202 Right-of-use assets 1,667,672 637,276 - 2,304,948 395,602 131,868 - 527,470 1,777,478

Schedule 1

Accum Accum

$ 4,491,760 $ 714,551 $ - $ 5,206,310 $ 1,360,836 $ 435,795 $ - $ 1,796,630 $ 3,409,681 18

PLEASE DON’T DRIVE IMPAIRED

PROPERTY AND EQUIPMENT YEAR ENDED MARCH 31, 2023

SCHEDULE TO FINANCIAL STATEMENTS

PRINCE EDWARD ISLAND CANNABIS MANAGEMENT CORPORATION

The Corporation has not pledged any of its property and equipment as security.

Notes 1 to 18 are an integral part of these financial statements

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PEICMC 2022-2023 Annual Report