CHAR Technologies Ltd. — Audit Report / Information 2023

Aug 12, 2023

CHAR TECHNOLOGIES LTD 403-789 Don Mills Rd. Toronto, Ontario

M3C 1T5

NOTICE OF CHANGE OF AUDITOR

Pursuant to NI 51-102 (Part4.11)

TO: DMCL LLP

AND TO: MNP LLP

AND TO: British Columbia Securities Commission Alberta Securities Commission Ontario Securities Commission

It is proposed that Char Technologies Ltd. (the "Company") will change its auditor from DMCL LLP (the "Former Auditor") to MNP LLP (the "Successor Auditor") effective as August 11, 2023.

The Former Auditor resigned at the request of the Company on August 11, 2023. The Audit Committee (the "Audit Committee") of the Board of Directors of the Company (the "Board") made a recommendation to the Board for the change of auditor due to the Company's desire to engage a different audit firm.

The Company further reports there were no reservations in the Former Auditor's reports on the Company's financial statements for the period commencing at the beginning of the Company's most recently completed financial year and ending on the date of resignation of the Former Auditor.

There are no reportable events including disagreements, consultations, or unresolved issues as defined in NI 51-102 (Part 4.11) between the Company and the Former Auditor.

The change of the auditor and the recommendation to appoint the Successor Auditor was recommended by the Audit Committee and approved by the Board.

DATED this 10[th] day of August 2023.

CHAR TECHNOLOGIES LTD

Per:

/s/ Mark Korol Mark Korol Chief Financial Officer