SOL Global Announces Update to Normal Course Issuer Bid for Purchase of 5% of Company’s Common Shares - Seite 2

This press release contains certain forward-looking information and statements (“forward-looking information”) within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Such forward-looking information includes information relating to the Company’s intention to purchase the maximum number of Common Shares permitted under the NCIB, the terms and conditions of further purchases of Common Shares under the NCIB, and timing on when the NCIB is expected to be completed.

Forward looking information is subject to a number of risks and uncertainties that may cause actual results or events to differ materially from those contemplated in the forward-looking information, and even if such actual results or events are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Such risks and uncertainties include but are not limited to: the ability of the Company to access future financing as needed from time to time and on terms acceptable to the Company; the risks of investing in companies engaged, whether directly or indirectly, in the U.S. cannabis industry whose activities are currently considered illegal under US federal laws; the ability of the Company to service its debt; reliance on key management personnel; the risk of investing in the securities of private companies which may limit the Company’s ability to sell or otherwise transfer those securities and realize value; the risk of holding minority interests in some companies, which may limit the Company’s ability to sell or otherwise transfer those securities and/or direct management decisions of such companies; the inherent risks in investing in target companies or projects which have limited or no operating history; any unexpected interruptions to the Company’s business or operations due to the COVID-19 pandemic; and litigation.