Cavvy Energy Ltd. — AGM Information 2020

Mar 23, 2020

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Date: March 23, 2020

530-8th Avenue SW, 6th floor Calgary AB, T2P 3S8 www.computershare.com

To: All Canadian Securities Regulatory Authorities

Subject: PIERIDAE ENERGY LIMITED

Dear Sir/Madam:

We advise of the following with respect to the upcoming Meeting of Security Holders for the subject Issuer:

Meeting Type : Annual General Meeting Record Date for Notice of Meeting : April 17, 2020 Record Date for Voting (if applicable) : April 17, 2020 Beneficial Ownership Determination Date : April 17, 2020 Meeting Date : May 26, 2020 Meeting Location (if available) : Virtual Meeting Issuer sending proxy related materials directly to NOBO: No Issuer paying for delivery to OBO: Yes

Notice and Access (NAA) Requirements:

NAA for Beneficial Holders No NAA for Registered Holders No

Voting Security Details:

Description CUSIP Number ISIN COMMON SHARES 720786102 CA7207861021

Sincerely,

Computershare Agent for PIERIDAE ENERGY LIMITED