DEFSEC TECHNOLOGIES — Regulatory Filings 2020

Sep 3, 2020

==> picture [135 x 83] intentionally omitted <==

August 28, 2020

To: TSX Venture Exchange

Dear Sirs / Mesdames:

Re: KWESST Inc.

We refer to the Filing Statement of KWESST Inc. (the “Company”) dated August 28, 2020 filed with the TSX Venture Exchange on this relating to the Qualifying Transaction, as defined therein.

We consent to being named and to the use, in the abovementioned Filing Statement, of our report dated May 11, 2020 to the shareholders of the Company on the following consolidated financial statements:

• a) Statements of financial position as at December 31, 2019, December 31, 2018 and January 1, 2018.

• b) Statements of operations and comprehensive income, changes in equity and cash flows for the years then ended, and a summary of significant accounting policies and other explanatory information.

We report that we have read the Filing Statement and all information therein and have no reason to believe that there are any misrepresentations in the information contained therein that are derived from the financial statements upon which we have reported or that are within our knowledge as a result of our audit of such consolidated financial statements. We have complied with Canadian generally accepted auditing standards for an auditor’s consent to the use of a report of the auditor included in an offering document, which does not constitute an audit or review of the Offering Memorandum, as these terms are defined in the Chartered Professional Accountants of Canada Handbook – Assurance.”

This letter is provided solely for the purpose of assisting the TSX Venture Exchange to which it is addressed in discharging its responsibilities and should not be used for any other purpose.

Sincerely,

Kreston GTA LLP

Chartered Professional Accountants, Licensed Public Accountants August 28, 2020 Markham, Canada

Kreston GTA LLP | 8953 Woodbine Avenue, Markham, Ontario, Canada, L3R 0J9, T. 905.474.5593 | www.krestongta.com A member of Kreston International | A global network of independent accounting firms