Alpine Summit Energy Partners, Inc. — Proxy Solicitation & Information Statement 2023

Apr 14, 2023

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Important Notice Regarding the Availability of Proxy Materials for the Annual General Meeting of Shareholders (the “Meeting”) to be held on May 25, 2023

Meeting Date and Time: May 25, 2023 at 09:00AM Mountain Time

Location: Suite 3810, Bankers Hall West, 888 3rd Street SW, Calgary, Alberta

This is not a form for voting. Please be advised that the proxy materials for the above noted Meeting are available for viewing and downloading online. This document provides only an overview of these materials, but you are reminded to access and review the proxy statement and information circular (the “ Proxy Statement ”) of Alpine Summit Energy Partners, Inc. (the “ Company ”), Notice of Annual General Meeting of Shareholders, Annual Report and Form of Proxy Card (collectively, the “ Meeting Materials ”) available online prior to voting. The Meeting Materials are available at:

- www.alpinesummitenergy.com/shareholder meetings

Obtaining Paper Copies of the Meeting Materials

Shareholders may request to receive paper copies of the Meeting Materials related to the Meeting by mail at no cost. Shareholders will otherwise not receive paper copies of the Meeting Materials. Requests for paper copies must be received by 09:00am (Mountain Time) on April 27, 2023. For more information regarding notice-and-access or to obtain a paper copy of the Meeting Materials you may contact our transfer agent, Odyssey Trust Company, via internet at https://odysseytrust.com/ca-en/help/, via email at shareholders@odysseytrust.com, or by phone at 1-888-290-1175 (toll-free within North America) or 1-587885-0960 (direct from outside North America).

Registered Shareholders and beneficial owners who have previously provided standing instructions will receive paper copies of the Meeting Materials. If you are a registered holder and have previously provided standing instructions indicating that you wish to receive paper copies of the Meeting Materials, you may revoke your instructions by calling the number above.

Notice of Meeting

The proposals to be voted on at the Meeting are as follows, which are further described in detail under the heading “ Business to be Transacted at the Meeting ” in the Proxy Statement:

Election of Directors

Shareholders will be asked to elect directors of the Board of the Company for the ensuing year. Information respecting the election of directors may be found in the Proxy Statement under “ Business to be Transacted at the Meeting – Election of Directors. ” The Company recommends that Shareholders vote “ FOR ” the election of each director nominee.

Deferred Share Unit Plan Shareholders will be asked to approve amendments to the Company’s Deferred Share Unit Plan. Information respecting the proposed amendments may be found in the Proxy Statement under “ Business to be Transacted at the Meeting – Approval of Amendments to the DSU Plan. ” The Company recommends that Shareholders vote “ FOR ” this proposal.

Ratification of Shareholders will be asked to ratify the reappointment of Weaver and Independent Registered Tidwell, LLP, as the independent registered public accounting firm of the Public Accounting Firm: Company. Information respecting the Appointment of Auditors may be found in the Proxy Statement under “ Business to be Transacted at the Meeting - Ratification of Independent Registered Public Accounting Firm.” The Company recommends that Shareholders vote “ FOR ” this proposal.

Voting

To vote your securities, please refer to the instructions on the Proxy Card. Your Proxy Card must be received by 9:00am (Mountain Time) on Tuesday, May 23, 2023.

Non-Registered (Beneficial) Shareholders should follow the instructions on the voting instruction form or other form of proxy provided by their intermediaries with respect to the procedures to be followed for voting. Shareholders of record as of the Record Date are encouraged and cordially invited to attend the Meeting. Directions to attend the Meeting where you may vote in person can be found in the Proxy Statement under the sections titled “ Appointment of a Third Party as a Proxyholder” and “ Legal Proxy – U.S. Beneficial Shareholders.”

Only Registered Shareholders and duly appointed proxyholders will be entitled to vote at the Meeting. Shareholders who wish to appoint a proxyholder, other than the persons designated by the Company on the Proxy Card, to represent them at the meeting must carefully follow the instructions in the Proxy Statement and on their Proxy Card. Failure to register the proxyholder with our transfer agent will result in the proxyholder not being able to vote at the Meeting and only being able to attend as a guest.