Cape Lithium Corp. — AGM Information 2024

Oct 25, 2024

CAPE LITHIUM CORP. Suite 2250 – 1055 West Hastings Street Vancouver, BC V6E 2E9 Telephone: 604.688.9588

NOTICE OF ANNUAL GENERAL MEETING

TO THE SHAREHOLDERS:

NOTICE IS HEREBY GIVEN that the annual general meeting (the “ Meeting ”) of shareholders of Cape Lithium Corp. (the “ Company ”) will be held at the offices of the Company, Suite 2250 – 1055 West Hastings Street, Vancouver, BC V6E 2E9, on Thursday, November 21, 2024, at the hour of 10:00 a.m. (Vancouver time) for the following purposes:

• (1) to receive the audited financial statements of the Company for the fiscal year ended April 30, 2024, and the accompanying report of the auditors;

• (2)

  • to set the number of directors of the Company at four (4);

• (3) to elect James Lumley, David Eaton, Pappu Srinivasa and Perry E. Toms as directors of the Company;

• (4) to appoint Link-It Accounting and Financial Services Inc. as the auditors of the Company for the fiscal year ending April 30, 2025 and to authorize the directors of the Company to fix the remuneration to be paid to the auditors for the fiscal year ending April 30, 2025; and

• (5) to transact such further or other business as may properly come before the Meeting and any adjournment or postponement thereof.

The accompanying information circular (the “ 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 board of directors of the Company has fixed October 15, 2024 as 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 the Province of British Columbia) 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, or 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 22nd day of October, 2024.

By Order of the Board of Directors of CAPE LITHIUM CORP.

“James Lumley” James Lumley Chief Executive Officer, President and Director

PLEASE VOTE. YOUR VOTE IS IMPORTANT. PLEASE COMPLETE, SIGN AND DATE THE ENCLOSED FORM OF PROXY AND PROMPTLY RETURN IT IN THE ENVELOPE PROVIDED.

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