Dream Impact Trust — Proxy Solicitation & Information Statement 2021

May 4, 2021

NOTICE OF 2021 ANNUAL AND SPECIAL MEETING OF UNITHOLDERS

NOTICE IS HEREBY GIVEN that an annual and special meeting (the “ Meeting ”) of unitholders (“ Unitholders ”) of Dream Impact Trust (the “ Trust ”) will be held as a virtual only meeting via live audio webcast online at http://www.virtualshareholdermeeting.com/mpct2021 on Monday, June 7, 2021 at 10:00 a.m. (Toronto time) for the following purposes:

• 1 to receive the audited consolidated financial statements of the Trust for the financial year ended December 31, 2020, together with the report of the auditor thereon;

• 2 to consider and vote on a special resolution approving certain amendments to the declaration of trust of the Trust, as more particularly described in the accompanying management information circular;

• 3 to elect the trustees of the Trust for the ensuing year;

• 4 to appoint the auditor of the Trust for the ensuing year and to authorize the trustees of the Trust to fix the remuneration of such auditor;

• 5 to consider and vote on a resolution authorizing the issuance and delivery of up to 5,000,000 units of the Trust to Dream Asset Management Corporation, the asset manager of the Trust, in satisfaction of the management fees payable under the management agreement of the Trust for the period from January 1, 2021 to December 31, 2023, as contemplated by a letter agreement dated April 15, 2021, as more particularly described in the accompanying management information circular; and

• 6 to transact such other business as may properly be brought before the Meeting.

The record date for the determination of those Unitholders entitled to receive notice of and vote at the Meeting is the close of business on April 16, 2021.

Accompanying this Notice of Annual and Special Meeting is a management information circular dated April 23, 2021.

Given the ongoing COVID-19 pandemic and the associated public guidelines, the Trust has determined to hold the Meeting virtually via live audio webcast as a prudent and necessary step to ensure the health and safety of our Unitholders and employees and the communities in which we live.

Registered Unitholders and proxyholders (including non-registered Unitholders who have appointed themselves as proxyholders) will be able to listen to the Meeting, ask questions and vote at the Meeting online in real time. Nonregistered Unitholders who do not appoint themselves as proxyholders may still access the Meeting and will be able to ask questions. Others wishing to attend the Meeting as guests will be able to listen to the Meeting but will not be entitled to ask questions or to vote during the Meeting. The Meeting will be available via a live audio webcast at www.virtualshareholdermeeting.com/mpct2021. Instructions for Unitholders to vote by proxy or to attend the Meeting virtually are provided in the Circular under the heading “Voting Information – Q & A on Voting”.

It is important to note that Unitholders will not be able to attend this year’s Meeting in person. Those wishing to access and vote at the Meeting during the live webcast will need to ensure that they remain connected to the Meeting at all times in order to vote when balloting commences, and it is such persons’ responsibility to ensure internet connectivity for the duration of the Meeting.

Unitholders are encouraged to vote online at www.proxyvote.com, by telephone or by completing, dating, signing and delivering the enclosed form of proxy or voting instruction form to Broadridge Investor Communications Corporation (“ Broadridge ”), Data Processing Centre, P.O. Box 3700 Stn. Industrial Park, Markham, Ontario, L3R 9Z9, in each case in accordance with the instructions contained in the Circular and on the form of proxy or voting instruction form. Broadridge must receive these instructions or forms of proxy by 5:00 p.m. (Toronto time) on June 3, 2021 (or 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). The Chair of the Meeting may waive or extend, in his or her discretion, the time limit for the deposit of proxies by Unitholders if he or she deems it advisable to do so without notice. Non-registered Unitholders (for example, if you hold your units in an account with a broker, dealer or other intermediary) should follow the instructions in the voting instruction form or other document provided for additional information on how you can vote your Units.

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DATED at Toronto, Ontario this 23[rd] day of April, 2021.

By Order of the Board of Trustees

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AMAR BHALLA Trustee and Chair of the Board

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