X0306 4 2020-02-28 0 0001762359 Acreage Holdings, Inc. ACRGF 0001796979 Doherty James A III 366 MADISON AVENUE, 11TH FLOOR NEW YORK NY 10017 0 1 0 0 General Counsel Common Stock - Class A Subordinate Voting Shares 2020-02-28 4 S 0 17736 3.9683 D 1390009 D Stock Option (Right to Buy) 25.00 2028-11-14 Common Stock - Class A Subordinate Voting Shares 240000 240000 D Class C-1 Units of High Street Capital Partners, LLC Common Stock - Class A Subordinate Voting Shares 250000 250000 D Shares sold to pay taxes applicable to vesting of restricted stock units. One-third of the options vested on November 14, 2019. The remaining options vest ratably over the subsequent eight quarters. These Units represent a profits interest security and are convertible into Common Units of High Street Capital Partners, LLC at a ratio as determined by the High Street Capital Partners, LLC Third Amended and Restated Operating Agreement. Common Units are convertible into Class A Subordinate Voting Shares on a 1:1 basis or cash equivalent thereof at the option of Acreage Holdings, Inc. as set forth in the High Street Capital Partners, LLC Third Amended and Restated Operating Agreement. These Units are fully vested. /s/ Jessica S. Lochmann, Attorney-in-Fact for James A. Doherty III 2020-03-02