BC Moly Ltd. — Proxy Solicitation & Information Statement 2026

Apr 20, 2026

BC MOLY LTD.

3606 - 833 Seymour Street

Vancouver, British Columbia V6B 0G4

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that an annual general meeting (the "Meeting") of the shareholders of BC Moly Ltd. (the "Company") will be held at the offices of Garfinkle Biderman LLP, counsel to the Company, located at Suite 801, 1 Adelaide Street East, Toronto, Ontario M5C 2V9 on Wednesday, May 6, 2026 at 11:00 a.m. (Toronto time) for the following purposes:

1. To receive and consider the consolidated audited financial statements of the Company for the financial years ended April 30, 2025 and 2024, together with the auditor's report thereon;
2. To reappoint Saturna Group Chartered Professional Accountants LLP, as auditor of the Company for the ensuing year and to authorize the board of directors of the Company (the "Board") to fix the auditor's remuneration;
3. To elect the directors of the Company for the ensuing year, as more particularly set forth in the accompanying proxy and management information circular dated March 31, 2026, and prepared for the purpose of the Meeting (the "Circular");
4. To consider and, if deemed appropriate, pass, with or without variation, an ordinary resolution confirming and reapproving the ten percent rolling stock option plan of the Company, as required by the TSX Venture Exchange (the "TSXV") on an annual basis; and
5. To transact such other business as may be properly brought before the Meeting or any adjournment(s) thereof.

The specific details of the matters proposed to be put before the Meeting are set forth in the Circular accompanying and forming a part of this Notice of Meeting.

All shareholders are entitled to attend and vote at the Meeting in person or by proxy. 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 Odyssey Trust Company Trader's Bank Building 1100 – 67 Yonge Street Toronto ON M5E 1J8 Attn: Proxy Department prior to the proxy cutoff time. Registered shareholders can vote online by visiting https://vote.odysseytrust.com and entering the control number printed on their form of proxy. If a shareholder does not deliver a proxy to Odyssey Trust Company Trader's Bank Building 1100 – 67 Yonge Street Toronto ON M5E 1J8 Attn: Proxy Department by 11:00 a.m. (Toronto time) on Monday, May 4, 2026 (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 March 31, 2026 will be entitled to vote at the Meeting.

DATED at Vancouver, British Columbia, March 31, 2026.

BY ORDER OF THE BOARD

/s/ "David D'Onofrio"

David D'Onofrio
Chief Executive Officer and Director