High Tide Inc. Shareholder Rights Plan Agreement

High Tide Inc. has filed a Form 6-K report detailing a Shareholder Rights Plan Agreement between High Tide Inc. and Olympia Trust Company, dated June 26, 2026. This agreement, effective from the Record Time (July 10, 2026), aims to ensure fair treatment of shareholders during take-over bids and to help the Corporation maintain its Cannabis Licenses and compliance with Cannabis Laws. The plan does not replace the existing shareholder rights plan from April 10, 2025. Each Right issued under this agreement allows the holder to purchase securities of High Tide Inc. under specific conditions, particularly after a "Separation Time" which is triggered by events such as a person becoming an "Acquiring Person" (beneficial owner of 20% or more of voting shares) or the commencement of a takeover bid. The agreement outlines definitions for various terms, including "Acquiring Person," "Permitted Bid," and "Take-over Bid," and details the procedures for the issuance, exercise, and transfer of Rights. The Rights Agent, Olympia Trust Company, will manage these processes. The plan includes provisions for adjustments to the Exercise Price and the number of Rights, and specifies conditions under which Rights may be redeemed, expire, or become void. The agreement also addresses the duties and liabilities of the Rights Agent and outlines miscellaneous provisions concerning amendments, expiration, and governing law.