{"url_path":"/sec/vrno/8-k/2026-06-02/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 (e) Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-02","source_url":"https://www.sec.gov/Archives/edgar/data/1848416/0001493152-26-026906-index.html","accession_number":"0001493152-26-026906","cik":"0001848416","ticker":"VRNO","issuer_name":"Verano Holdings Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1848416/0001493152-26-026906-index.html","primary_entity_key":"0001848416","primary_entity_name":"Verano Holdings Corp."},"word_count":267,"has_tables":true,"body_markdown":"**Item\n5.02(e) Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements\nof Certain Officers.**\n\n** **\n\nIn\nrecognition of his leadership, contributions, long service and dedication to the Company, on June 1, 2026, George Archos, the Chair,\nChief Executive Officer and President of Verano Holdings Corp. (the “Company”) received (i) a $2,500,000 cash\nbonus and (ii) an award of 2,500,000 restricted stock units (“RSUs”) issued under the Verano Holdings Corp. Stock\nand Incentive Plan (the “Equity Plan”), which immediately vested into 2,500,000 shares of the Company’s common\nstock, par value $0.001.\n\n \n\nOn\nJune 1, 2026, Mr. Archos also cancelled his employment agreement with the Company which he entered into over five years ago in February\n2021. Mr. Archos is continuing in his roles as Chair, Chief Executive and President of the Company. On the same day, Mr. Archos’\nbase salary was increased to $650,000 retroactive to January 1, 2026, and Mr. Archos received annual awards under the Company’s\nlong-term incentive program comprised of (i) RSUs issued under the Equity Plan with a grant date value equal to $568,750 and (ii) cash\nwith a grant date value of $568,750, both of which vest in three equal installments over three years and are conditioned on his continued\nemployment with the Company.\n\n \n\n2\n\n \n\n \n\n**SIGNATURE**\n\n** **\n\nPursuant\nto the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by\nthe undersigned hereunto duly authorized.\n\n \n\nDate:\nJune 2, 2026\nVERANO\nHOLDINGS CORP.\n\n \n \n\n \n*/s/\nLaura Marie Kalesnik*\n\n \nLaura\nMarie Kalesnik\n\n \nChief\nLegal Officer,\n\n \nGeneral\nCounsel and Secretary\n\n** **\n\n3\n\n** **\n\n** **"}