<article>

		le 29 août/August 2023

		Lowell Farms Inc. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every ten (10) pre-consolidated common shares.

		As a result, the outstanding shares of the company will be reduced to approximately 11,276,190 common shares.

		The name and symbol will not change.

		Please note that all open orders will be canceled at the close of business on August 29, 2023. Dealers are reminded to re-enter their orders taking into account the share consolidation.

		_______________________

		Lowell Farms Inc. a annoncé une consolidation de ses actions ordinaires émises et en circulation sur la base d'une (1) action ordinaire post-consolidée pour dix (10) actions ordinaires pré-consolidées.

		Par conséquent, les actions en circulation de la société seront réduites à environ 11 276 190 actions ordinaires.

		Le nom et le symbole ne changeront pas.

		Veuillez noter que toutes les commandes ouvertes seront annulées à la fermeture des bureaux le 29&nbsp;août 2023. Les concessionnaires sont priés de saisir à nouveau leurs commandes en tenant compte du regroupement des actions.
<table border="1" cellpadding="1" cellspacing="1" >
<tbody>
<tr>
<td>
					Trading&nbsp;on&nbsp;a Consolidated Basis/Négociation&nbsp;sur une Base&nbsp;Consolidée&nbsp;:</td>
<td>
					le 30&nbsp;août/August 2023</td>
</tr>
<tr>
<td>
					Record Date/Date&nbsp;d’Enregistrement&nbsp;:</td>
<td>
					le 31&nbsp;août/August 2023</td>
</tr>
<tr>
<td >
					Anticipated Payment Date/Date&nbsp;de&nbsp;Paiement&nbsp;Prévue&nbsp;:</td>
<td>
					le 31 août/August 2023</td>
</tr>
<tr>
<td>
					Symbol/Symbole&nbsp;:</td>
<td>
					LOWL</td>
</tr>
<tr>
<td>
					NEW/NOUVEAU&nbsp;CUSIP&nbsp;:</td>
<td>
					547572 20 6</td>
</tr>
<tr>
<td>
					NEW/NOUVEAU&nbsp;ISIN&nbsp;:</td>
<td>
					CA 547572 20 6 5</td>
</tr>
<tr>
<td>
					Old/Vieux&nbsp;CUSIP&nbsp;&amp;&nbsp;ISIN&nbsp;:</td>
<td>
					547572107/CA5475721075</td>
</tr>
</tbody>
</table>

		If you have any questions or require further information please contact Listings at&nbsp;(416) 367-7340&nbsp;or E-mail:&nbsp;<a href="mailto:Listings@thecse.com">Listings@thecse.com</a>

		Pour toute question ou information complémentaire, veuillez contacter Listings au 416 367-7340 ou par courriel à:&nbsp;<a href="mailto:Listings@thecse.com">Listings@thecse.com</a>
</article>

Lowell Farms Inc. - Subordinate Voting Shares

2023-0822 – Consolidation - Lowell Farms Inc. (LOWL)

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