Flora Growth Corp. - Form 8-K Filing

Flora Growth Corp. reported on December 19, 2025, the separation of Clifford Starke, the former Chief Executive Officer. Mr. Starke resigned as director and CEO on September 20, 2025, but remained as a strategic advisor. The separation agreement includes a cash payment of $895,000 and 13,000 Restricted Share Awards to Mr. Starke. This agreement settles all claims between Mr. Starke and the Company up to the date of execution. The filing details the terms of the separation, including consideration, tax implications, and mutual releases of claims. Mr. Starke has represented that he has returned all company property and has no outstanding workplace injury claims. The agreement is governed by Florida law and includes provisions for confidentiality and cooperation.