East West Minerals Ltd. — Proxy Solicitation & Information Statement 2025

Aug 7, 2025

EAST WEST PETROLEUM CORP.

Computershare

8th Floor, 100 University Avenue

Toronto, Ontario M5J 2Y1

www.computershare.com

Security Class

Holder Account Number

Form of Proxy - Annual and Special Meeting to be held on Friday, September 5, 2025

This Form of Proxy is solicited by and on behalf of Management.

Notes to proxy

1. Every holder has the right to appoint some other person or company of their choice, who need not be a holder, to attend and act on their behalf at the meeting or any adjournment or postponement thereof. If you wish to appoint a person or company other than the Management Nominees whose names are printed herein, please insert the name of your chosen proxyholder in the space provided (see reverse).
2. If the securities are registered in the name of more than one owner (for example, joint ownership, trustees, executors, etc.), then all those registered should sign this proxy. If you are voting on behalf of a corporation or another individual you may be required to provide documentation evidencing your power to sign this proxy with signing capacity stated. If you are voting on behalf of a corporation you are required to provide your name and designation of office, e.g., ABC Inc. per John Smith, President.
3. This proxy should be signed in the exact manner as the name(s) appear(s) on the proxy.
4. If a date is not inserted in the space provided on the reverse of this proxy, it will be deemed to bear the date on which it was mailed to the holder by Management.
5. The securities represented by this proxy will be voted as directed by the holder, however, if such a direction is not made in respect of any matter, and the proxy appoints the Management Nominees listed on the reverse, this proxy will be voted as recommended by Management.
6. The securities represented by this proxy will be voted in favour, or withheld from voting, or voted against each of the matters described herein, as applicable, in accordance with the instructions of the holder, on any ballot that may be called for. If you have specified a choice with respect to any matter to be acted on, the securities will be voted accordingly.
7. This proxy confers discretionary authority in respect of amendments or variations to matters identified in the Notice of Meeting and Management Information Circular or other matters that may properly come before the meeting or any adjournment or postponement thereof, unless prohibited by law.
8. This proxy should be read in conjunction with the accompanying documentation provided by Management.

Proxies submitted must be received by 10:00 a.m. (Pacific Time) on Wednesday, September 3, 2025.

VOTE USING THE TELEPHONE OR INTERNET 24 HOURS A DAY 7 DAYS A WEEK!

To Vote Using the Telephone

• Call the number listed BELOW from a touch tone telephone.

1-866-732-VOTE (8683) Toll Free

To Vote Using the Internet

• Go to the following web site: www.investorvote.com
• Smartphone? Scan the QR code to vote now.

If you vote by telephone or the Internet, DO NOT mail back this proxy.

Voting by mail may be the only method for securities held in the name of a corporation or securities being voted on behalf of another individual.

Voting by mail or by Internet are the only methods by which a holder may appoint a person as proxyholder other than the Management Nominees named on the reverse of this proxy. Instead of mailing this proxy, you may choose one of the two voting methods outlined above to vote this proxy.

To vote by telephone or the Internet, you will need to provide your CONTROL NUMBER listed below.

CONTROL NUMBER

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Appointment of Proxyholder

I/We being holder(s) of securities of East West Petroleum Corp. (the "Company") hereby appoint: Nick DeMare, Interim CEO and a Director of the Company, or failing this person, Harvey Lim, Interim CFO of the Company, or failing this person, Desmond Balakrishnan, Solicitor for the Company (the "Management Nominees")

OR

Print the name of the person you are appointing if this person is someone other than the Management Nominees listed herein.

For	Against

as my/our proxyholder with full power of substitution and to attend, act and to vote for and on behalf of the holder in accordance with the following direction (or if no directions have been given, as the proxyholder sees fit) and on all other matters that may properly come before the Annual and Special Meeting of shareholders of the Company to be held at Suite 1305 – 1090 West Georgia Street, Vancouver, British Columbia, Canada on Friday, September 5, 2025 at 10:00 a.m. (Pacific Time) and at any adjournment or postponement thereof.

VOTING RECOMMENDATIONS ARE INDICATED BY HIGHLIGHTED TEXT OVER THE BOXES.

						For	Against
1. Number of Directors						☐	☐
To set the number of directors at three (3).
2. Election of Directors	For	Withhold	For	Withhold	For	Withhold	Fold
01. Nick DeMare	☐	☐	02. Mark T. Brown	☐	☐	03. Kevin William Haney	☐
						For	Withhold
3. Appointment of Auditors						☐	☐
To appoint Davidson & Company LLP, Chartered Professional Accountants, as the auditor of the Company for the ensuing year, with their remuneration to be fixed by the directors.						For	Against
4. Continuation of Stock Option Plan						☐	☐
To consider and, if thought fit, to pass an ordinary resolution approving the continuation of the Company's stock option plan, as described in the accompanying Information Circular.						For	Against
5. Capital Reduction						☐	☐
To consider and, if deemed advisable, approve, with or without variation, a special resolution in the form set out in Schedule "A" to the management information circular of the Company dated August 1, 2025 (the "Circular"), authorizing and approving, among other things, (i) the amendment of the articles of the Company to re-designate the existing class of common shares of the Company as Class A Common Shares (the "Class A Common Shares") and create a new class of common shares of the Company (the "New Common Shares"), (ii) the exchange of each Class A Common Share for a New Common Share and up to $0.03 in cash and (iii) concurrently with item (ii), a corresponding reduction of the stated capital account of the Class A Common Shares, all as more particularly set forth in the Circular.						☐	☐

Signature of Proxyholder

I/We authorize you to act in accordance with my/our instructions set out above. I/We hereby revoke any proxy previously given with respect to the Meeting. If no voting instructions are indicated above, and the proxy appoints the Management Nominees, this Proxy will be voted as recommended by Management. If you are voting on behalf of a corporation you are required to provide your name and designation of office, e.g., ABC Inc. per John Smith, President.

Signature(s)

Date

DD/MM/YY

Signing Capacity

AMIG

377462

ARO

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