CLOUD3 VENTURES — Regulatory Filings 2022

Jul 27, 2022

NOTICE OF CHANGE OF AUDITOR

To:

Adam Sung Kim Ltd. WDM Chartered Professional Accountants

And To: British Columbia Securities Commission Alberta Securities Commission Ontario Securities Commission

Re: Web3 Ventures Inc. (the “Company”)

WE HEREBY PROVIDE NOTICE pursuant to section 4.11 of National Instrument 51-102 Continuous Disclosure Obligations that:

• (a) Adam Sung Kim Ltd., Chartered Professional Accountants (“ Adam Sung ”), the former auditor of the Corporation, tendered its resignation effective July 26, 2022 and the directors of the Company appointed WDM Chartered Professional Accountants (“ WDM ”), of Suite 420, 1501 West Broadway, Vancouver, BC V6J 4Z6 as the Company’s successor auditor;

• (b) Adam Sung resigned on the request of the Company;

• (c) The resignation of Adam Sung and the appointment of WDM have been approved by the audit committee and the board of directors of the Company;

• (d) There have been no reservations contained in Adam Sung’s reports on any of the Company’s financial statements relating to the period during which Adam Sung was the Company’s auditor; and

• (e) There are no reportable events (as defined under 4.11(1) of NI 51-102).

DATED at Vancouver, British Columbia, this 26[th] day of July, 2022.

WEB3 VENTURES INC.

By: “ Stan Fainzilberg ” Name: Stan Fainzilberg Title: Chief Executive Officer