Glass House Brands Inc. announced the appointment of former California Assembly Speaker John A. Pérez as the newest member of the Company's Board of Directors, effective immediately. Mr. Robert Hoban, who has served as a Director since the company listed in June of 2021, will step down from his role on the Board, effective October 31, 2023. Mr. Pérez brings a wealth of legislative and political experience to Glass House.

As Founder and Principal of Double Nickel Advisors over the past eight years, he has built a strategic consulting firm that provides advice to leaders across a myriad of industries on complex public affairs and legislative concerns. John previously served as California's 68th Speaker of the Assembly from 2010 to 2014. In 2014, Mr. Pérez was appointed by former California Governor, Jerry Brown, to serve as a Regent of the University of California where he is currently Chair of the Regents' Health Services Committee.

During his 6-year tenure in the California State Assembly, four of which were spent as the Assembly Speaker, he had ultimate responsibility for the Assembly's 1,300 employees and $156 million budget and personally shepherded or authored several new programs, including the Veterans Housing and Homeless Prevention Act (also known as Proposition 41), California's first-in-the-nation carbon cap and trade program, a Middle-Class Scholarship to address affordability and accessibility of higher education, and the launch of the California Jobs Budget. Mr. Pérez has also held several esteemed positions during his career, such as Chair of the UC Board of Regents, Member of the President's Council on HIV/AIDS under Presidents Clinton and Bush, Political Director of the United Food & Commercial Workers Union, Chair of the California Voting Modernization Board and elected member of the Democratic National Committee from 1996 to the present. Mr. Hoban is stepping down from the Glass House Board due to his upcoming career transition.