X0206 3 2023-01-01-05:00 0 0001790169 Flora Growth Corp. FLGC 0001942445 MERCHAN LUIS C/O FLORA GROWTH CORP. 3405 SW 26TH TERRACE, SUITE C-1 FORT LAUDERALE Z4 M5H 2V1 CANADA (FEDERAL LEVEL) true true false false CEO & Chairman of the Board Common Shares 1975149 D Options (Right to Buy) 2.25 2025-11-04-05:00 Common Shares 666666 D Options (Right to Buy) 2.04 2026-12-16-05:00 Common Shares 125000 D Options (Right to Buy) 0.67 2026-01-01-05:00 Common Shares 367347 D These Common Shares contain restricted share grants to the Reporting Person by the issuer as further described in footnote (2) below. The Common Shares reported include the following Restricted Common Shares (i) 102,040 shares which vest on July 5, 2023, (ii) 328,358 shares which vest on July 5, 2024 and (iii) 468,085 shares which vest on July 5, 2025. These options are immediately exercisable. These options shall vest if (i) the total shareholder return of the Issuer's Common Shares on the Nasdaq Capital Market exceeds the total shareholder return on the ETFMG Alternative Harvest ETF for the 12 months ended December 31, 2023, which shall be measured on December 31, 2023 or (ii) the total shareholder return of the Issuer's Common Shares on the Nasdaq Capital Market exceeds the total shareholder return on the ETFMG Alternative Harvest ETF for the 12 months ended December 31, 2024, which shall be measured on December 31, 2024. /s/ Matthew Cohen, Attorney-in-Fact for Luis Merchan 2023-01-03-05:00