Dream Impact Trust — Proxy Solicitation & Information Statement 2020

May 19, 2020

PROXY FORM ANNUAL GENERAL MEETING

DREAM HARD ASSET ALTERNATIVES TRUST

WHEN:

TUESDAY, JUNE 30, 2020 AT 10:00 AM EDT WHERE: WWW.VIRTUALSHAREHOLDERMEETING.COM/DRA2020

STEP 1

REVIEW YOUR VOTING OPTIONS

ONLINE: VOTE AT PROXYVOTE.COM USING YOUR COMPUTER OR MOBILE DATA DEVICE. YOUR CONTROL NUMBER IS LOCATED BELOW.

BY TELEPHONE: YOU MAY ENTER YOUR VOTING INSTRUCTIONS BY TELEPHONE AT: ENGLISH: 1-800-474-7493 OR FRENCH: 1-800-474-7501 BY MAIL: THIS PROXY FORM MAY BE RETURNED BY MAIL IN THE ENVELOPE PROVIDED.

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SCAN TO VIEW MATERIAL AND VOTE NOW

REMINDER: PLEASE REVIEW THE MANAGEMENT INFORMATION CIRCULAR BEFORE VOTING.

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CONTROL NO.: ➔

PROXY DEPOSIT DATE: BY 5:00 P.M. (EASTERN TIME) ON JUNE 26, 2020

INSTRUCTIONS:

1. This proxy is solicited by the trustees of Dream Hard Asset Alternatives Trust (the "Trustees"), for the Annual Meeting (the “Meeting”) of the holders (“Unitholders”) of units of Dream Hard Asset Alternatives Trust (the "Trust").

2. You have the right to appoint a different person or company (with appropriate documentation) of your choice, who need not be a Unitholder, to attend and act on your behalf at the Meeting of the Trust. If you wish to appoint a person, please insert the name of your chosen proxyholder and provide a unique IDENTIFICATION NUMBER for your Appointee to access the live webcast meeting in the space provided either online at www.proxyvote.com or in Step 2 (see reverse). The Units represented by this form of proxy may be voted at the discretion of the proxyholder with respect to amendments or variations to the matters identified in the notice of Meeting and with respect to other matters that may properly be brought before the Meeting.

You MUST provide your Appointee the EXACT NAME and EIGHT CHARACTER APPOINTEE IDENTIFICATION NUMBER to access the Meeting. Appointees can only be validated at the live webcast meeting using the EXACT NAME and EIGHT CHARACTER APPOINTEE IDENTIFICATION NUMBER you enter.

IF YOU DO NOT CREATE AN EIGHT CHARACTER APPOINTEE IDENTIFICATION NUMBER, YOUR APPOINTEE WILL NOT BE ABLE TO ACCESS THE LIVE WEBCAST MEETING.

1. This instrument of proxy will not be valid and not be acted upon or voted unless it is completed as outlined herein and delivered to the attention of Proxy Tabulation, P.O. Box 3700, STN Industrial Park, Markham, ON, L3R 9Z9, Canada, by 5:00 p.m. (Eastern Time), on June 26, 2020 or if the Meeting is postponed or adjourned, not less than 48 hours (excluding Saturdays, Sundays and holidays) before the time set for any reconvened meeting at which the proxy is to be used.

2. If the Units are registered in the name of more than one owner (for example, joint ownership, trustees, executors, etc.), then all those registered should sign this form of proxy. If you are voting on behalf of a corporation or another individual, documentation evidencing your power to sign this form of proxy with signing capacity stated may be required.

3. In order to expedite your vote, you may use a touch-tone telephone or the Internet. To vote by telephone, call toll free 1-800-474-7493 (English) or 1-800-474-7501 (French). You will be prompted to provide your control number located above. The telephone or Internet voting service is not available on the day of the Meeting and the telephone system cannot be used if you designate another person to attend on your behalf. To vote via the Internet, go to www.proxyvote.com and follow the instructions.

4. If you vote by telephone or the Internet, do not mail back this instrument of proxy.

5. The form of proxy should be signed in the exact manner as the name appears on the form of proxy.

6. If the form of proxy is not dated, it will be deemed to bear the date on which it was mailed to the Unitholder.

7. The Units represented by this form of proxy will be voted as directed. If no voting preferences are indicated on the reverse, this form of proxy will be voted as recommended by the Trustees.

8. This form of proxy should be read in conjunction with the accompanying documentation provided by the Trustees.

PLEASE SEE OVER

PROXY FORM

DREAM HARD ASSET ALTERNATIVES TRUST

MEETING TYPE: ANNUAL GENERAL MEETING MEETING DATE: TUESDAY, JUNE 30, 2020 AT 10:00 AM EDT RECORD DATE: MAY 21, 2020 PROXY DEPOSIT DATE: JUNE 26, 2020 CUID: ACCOUNT NO: CUSIP:

CONTROL NO.: ➔

STEP 2

APPOINT A PROXY (OPTIONAL)

APPOINTEE(S): MICHAEL COOPER, OR FAILING HIM, MEAGHAN PELOSO

Change Appointee

If you wish to designate another person to attend, vote and act on your behalf at the Meeting, or any adjournment or postponement thereof, other than the person(s) specified above, go to www.proxyvote.com or print your name or the name of the other person attending the Meeting in the space provided herein and provide a unique APPOINTEE IDENTIFICATION NUMBER USING ALL BOXES for your Appointee to access the Meeting. You may choose to direct how your Appointee shall vote on matters that may come before the Meeting or any adjournment or postponement thereof. Unless you instruct otherwise your Appointee will have full authority to attend, vote, and otherwise act in respect of all matters that may come before the Meeting or any adjournment or postponement thereof, even if these matters are not set out in the proxy form or the circular for the Meeting. You can also change your Appointee online at www.proxyvote.com.

You MUST provide your Appointee the EXACT NAME and an EIGHT (8) CHARACTER APPOINTEE IDENTIFICATION NUMBER to access the Meeting. Appointees can only be validated at the Virtual Unitholder Meeting using the EXACT NAME and EIGHT (8) CHARACTER APPOINTEE IDENTIFICATION NUMBER you enter below.

PLEASE PRINT APPOINTEE NAME INSIDE THE BOX

➔ MAXIMUM 22 CHARACTERS - PLEASE PRINT CLEARLY

➔

CREATE AN EIGHT (8) CHARACTER IDENTIFICATION NUMBER FOR YOUR APPOINTEE MUST BE EIGHT CHARACTERS IN LENGTH - PLEASE PRINT CLEARLY

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STEP 3

COMPLETE YOUR VOTING DIRECTIONS

ITEM(S): VOTING RECOMMENDATIONS ARE INDICATED BY HIGHLIGHTED TEXT OVER THE BOXES (FILL IN ONLY ONE BOX “ ” PER ITEM IN BLACK OR BLUE INK) 1AELECTION OF TRUSTEES FOR WITHHOLD AMAR BHALLA 1B DAVID KAUFMAN FOR WITHHOLD 1C KARINE MACINDOE

1A	ELECTION OF TRUSTEES
		FOR	WITHHOLD
	AMAR BHALLA
1B	DAVID KAUFMAN
		FOR	WITHHOLD
1C	KARINE MACINDOE
		FOR	WITHHOLD
1D	MICHAEL TSOUROUNIS
		FOR	WITHHOLD
02	APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE AUDITOR OF THE
	TRUST AND ITS SUBSIDIARIES AND AUTHORIZING THE TRUSTEES OF THE	FOR	WITHHOLD
	TRUST TO FIX THE REMUNERATION OF THE AUDITOR.

TO RECEIVE FUTURE PROXY MATERIALS BY MAIL CHECK THE BOX TO THE RIGHT. TO REQUEST MATERIALS FOR THIS MEETING REFER TO THE NOTICE INCLUDED IN THE PACKAGE WITH THIS FORM.

STEP 4 THIS DOCUMENT MUST BE SIGNED AND DATED

SIGNATURE(S) INVALID IF NOT SIGNED

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