Axion Ventures Inc.

c/o Boughton Law Corporation 7F/ 595 Burrard Street Vancouver, B.C., Canada Telephone: (604) 219-2140

NOTICE OF ANNUAL GENERAL AND SPECIAL MEETING

TO THE SHAREHOLDERS:

NOTICE IS HEREBY GIVEN that the annual general and special meeting (the “ Meeting ”) of shareholders of Axion Ventures Inc. (the “ Company ”) will be held at the offices of the Company’s advisors, Boughton Law Corporation, located at 7F/ 595 Burrard Street, Vancouver, B.C., Canada V7X 1S8, April 15, 2021, at the hour of 10:00 (Vancouver time) for the following purposes:

to receive the audited financial statements of the Company for the fiscal year ended December 31, 2019, and the accompanying report of the auditors, if available;
to set the number of directors of the Company at six (6);
to elect Yasuyo Yamazaki, Kunio Hamada, Robert Adams, Mana Prapakamol, Stephen Willey, and Grant Kim as directors of the Company to hold office until the next annual general meeting of the Company or as otherwise provided in the accompanying information circular (the “ Information Circular ”);
to appoint KPMG, Chartered Accountants, as the auditors of the Company for the fiscal year ending December 31, 2020 and to authorize the directors of the Company to fix the remuneration to be paid to the auditors for the fiscal year ending December 31, 2020; and
to consider and, if deemed appropriate, to pass with or without variation an ordinary resolution of shareholders to ratify, confirm and approve the Company’s Stock Option Plan, as more particularly described in the accompanying Information Circular.

The accompanying Information Circular provides additional information relating to the matters to be dealt with at the Meeting and is supplemental to, and expressly made a part of, this notice of Meeting (the “ Notice of Meeting ”).

The Company’s board of directors has fixed March 8, 2021 as the record date (the " Record Date ") for the determination of shareholders entitled to notice of and to vote at the Meeting and at any adjournment or postponement thereof. Each registered shareholder at the close of business on that date is entitled to such notice and to vote at the Meeting in the circumstances set out in the accompanying Information Circular.

If you are a registered shareholder of the Company and unable to attend the Meeting in person, please vote by proxy by following the instructions provided in the form of proxy at least 48 hours (excluding Saturdays, Sundays and holidays recognized in Bangkok) before the time and date of the Meeting or any adjournment or postponement thereof.

If you are a non-registered shareholder of the Company and received this Notice of Meeting and accompanying materials through a broker, a financial institution, a participant, a trustee or administrator of

a retirement savings plan, retirement income fund, education savings plan or other similar savings or investment plan registered under the Income Tax Act (Canada), or a nominee of any of the foregoing, that holds your securities on your behalf (each, an “ Intermediary ”), please complete and return the materials in accordance with the instructions provided to you by your Intermediary.

DATED at Vancouver, British Columbia, this 22[nd] day of March, 2021.

By Order of the Board of Directors of