Beyond Oil Ltd. — AGM Information 2024

Apr 4, 2024

BEYOND OIL LTD.

NOTICE OF ANNUAL GENERAL & SPECIAL MEETING OF SHAREHOLDERS

Take notice that an in person/Zoom annual general and special meeting (the “ Meeting ”) of shareholders of Beyond Oil Ltd. (the “ Company ” or “ Corporation ”) will be held at the offices of Endeavor Trust Corporation, Suite 1150 - 777 Hornby Street, Vancouver, British Columbia on Thursday, April 25, 2024 at 8:00 a.m. (Vancouver time) for the following purposes:

The Meeting is to be held for the following purposes:

1. to receive and consider the audited financial statements of the Company for the financial year ended December 31, 2023, together with the auditor’s report;

2. to set the number of directors of the Company at six (6) and to authorize the board of directors (the “ Board ”), at its sole discretion, to increase the number of directors on the Board from six to eight at any time after the Meeting and prior to the next annual meeting of Shareholders;

3. to elect the directors of the Company to hold office until the next meeting of shareholders or until their successors are otherwise appointed;

4. to appoint BDO Ziv Haft as auditor of the Company for the ensuing year and to authorize the directors of the Company to fix the remuneration of the auditor;

5. to consider and, if thought advisable, to pass, with or without variation, an ordinary resolution to amend the Company's Omnibus Equity Incentive Plan, as more particularly described in the Information Circular (as hereinafter defined);

6. to consider and, if deemed advisable, to pass, with or without variation, an ordinary resolution approving an amendment to the Deferred Purchase Price Agreement, as more particularly described in the Information Circular;

7. to consider and, if deemed advisable, to pass, with or without variation, an ordinary resolution approving the extension of the expiry date of 2,241,324 warrants, as more particularly described in the Information Circular;

8. to consider and, if deemed advisable, to pass, with or without variation, an ordinary resolution approving the extension of the expiry date of 2,683,333 warrants, as more particularly described in the Information Circular; and

9. to transact such further business as may properly come before the Meeting or any adjournment or postponement thereof.

A management information circular (the “ Information Circular ”) accompanies this Notice. The Information Circular contains details of matters to be considered at the Meeting. No other matters are contemplated, however any permitted amendment to or variation of any matter identified in this Notice may properly be considered at the Meeting.

The Company is offering Shareholders the option to listen and participate (but not vote) at the Meeting in real time by Zoom as follows:

Join Zoom Meeting:

https://us06web.zoom.us/j/86848727573?pwd=GZxrABYmFa8H4z0bjQwAttmvHs8Ldm.1

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Meeting ID: 868 4872 7573 Password: 297650

Shareholders who intend to attend the meeting via Zoom must submit votes by Proxy ahead of the proxy deadline of 8:00 a.m. (Vancouver time) on Tuesday, April 23, 2024. Attendance by Zoom allows Shareholders to listen to, but not to vote at, the Meeting.

Shareholders of record on the Company’s books at the close of business on March 19, 2024 are entitled to attend and vote at the Meeting or at any postponement or adjournment thereof. Each common share is entitled to one vote.

Registered shareholders who are unable to attend the Meeting in person and who wish to ensure that their shares will be voted at the Meeting are requested to complete, date and sign the enclosed form of proxy and deliver it in accordance with the instructions set out in the form of proxy and in the Information Circular.

Non-registered shareholders who plan to attend the Meeting must follow the instructions set out in the form of proxy or voting instruction form to ensure that their shares will be voted at the Meeting. If you hold your shares in a brokerage account you are not a registered shareholder.

Dated at Vancouver, British Columbia, as of this 25th day of March, 2024.

BY ORDER OF THE BOARD

“Dan Itzhaki”

Dan Itzhaki Chairman

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