Atlas Engineered Products Ltd. — AGM Information 2021

Oct 6, 2021

ATLAS ENGINEERED PRODUCTS LTD.

2005 Boxwood Road Nanaimo, BC V9S 5X9

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that the annual general meeting of the shareholders of Atlas Engineered Products Ltd. (the �Company�) will be held via live video conference on Wednesday, October 27, 2021 at 10:00 a.m. (PST) for the following purposes:

1. to receive the audited financial statements of the Company for the financial year ended December 31, 2020 together with the auditor�s report thereon;

2. to fix the number of directors at five (5);

3. to elect directors for the ensuing year;

4. to appoint PricewaterhouseCoopers as the auditors of the Company for the ensuing year and to authorize the directors to fix the remuneration to be paid to the auditors;

5. to consider, and if thought fit, to pass an ordinary resolution approving and ratifying the Company�s 10% rolling stock option plan as more particularly described in the accompanying Information Circular;

6. to transact such other business as may be properly brought before the Meeting or any adjournment thereof.

All shareholders are entitled to attend and vote at the Meeting in person or by proxy. The Board of Directors (the � Board �) requests that all shareholders who will not be attending the Meeting in person read, date and sign the accompanying proxy and deliver it to Computershare Investor Services Inc. (� Computershare �), Attention: Proxy Department, 100 University Avenue, 9th Floor, Toronto, Ontario, M5J 2Y1, by 10:00 a.m. (Vancouver, British Columbia time) on October 25, 2021 (or before 48 hours, excluding Saturdays, Sundays and holidays before any adjournment of the meeting at which the proxy is to be used) then the shareholder will not be entitled to vote at the Meeting by proxy. Only shareholders of record at the close of business on Wednesday, September 22, 2021 will be entitled to vote at the Meeting.

In light of ongoing concerns related to the spread of COVID 19 and in order to mitigate potential risks to the health and safety of the Company�s shareholders, employees and other stakeholders, the Company is conducting the Meeting via Zoom live video conference. Persons wishing to attend the Meeting will be required to pre-register for the Meeting at the link set forth below. Once you have pre-registered for the Meeting, you will receive an email providing access details for the Meeting. Pre-registration is being required to ensure that only eligible shareholders and proxyholders are permitted to vote, and to ensure the proper counting of those votes.

Pre-registration link:

https://us02web.zoom.us/meeting/register/tZUkduGsqj0uH9LlmUSyUEL9H1u0tDn5dSNZ

If you are a non-registered holder of Common Shares and received these materials through your broker or through another intermediary, please complete and return the form of proxy or voting instruction form, as the case may be, provided to you in accordance with the instructions provided by your broker or intermediary.

• 2 -

An information circular and a form of proxy accompany this notice.

DATED at Vancouver, British Columbia, the 22[nd] day of September 2021.

ON BEHALF OF THE BOARD

/s/ Mohammad Hadi Abassi

Mohammad Hadi Abassi Chief Executive Officer and President, Founder