Eastern Platinum Limited — AGM Information 2021

May 10, 2021

EASTERN PLATINUM LIMITED NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 17, 2021

Important Notice Regarding the Availability of Proxy Materials for EASTERN PLATINUM LIMITED, Annual General Meeting to be held at #1080-1188 West Georgia Street, Vancouver, BC V6E 4A2 on June 17, 2021 at 10:00am Pacific Time

You are receiving this notice to advise that the proxy materials for the above noted securityholders' meeting are available on the Internet. This communication presents only an overview of the more complete proxy materials that are available to you on the Internet. We remind you to access and review all of the important information contained in the information circular and other proxy materials before voting. The information circular and other relevant materials are available at:

https://eastplats.com/investors-2/agm/ OR www.sedar.com

Obtaining a Copy of the Proxy Materials

If you would like to receive a paper copy of the current meeting materials by mail, you must request one. There is no charge to you for requesting a copy.

Call us Toll Free at 1-877-631-0967 or call our office at $(604) 800 - 8200$ to request a paper copy of the materials for the current meeting.

To ensure you receive the material in advance of the voting deadline and meeting date, all requests must be received by us no later than, May 31, 2021 to ensure timely receipt. If you do request the current materials, please note that another Voting Instruction Form/Proxy will not be sent; please retain your current one for voting purposes.

To obtain paper copies of the materials after the meeting date, please contact the Company at suite 1080-1188 West Georgia Street, Vancouver, BC V6E 4A2 or by telephone at 604-800-8200.

PLEASE NOTE - YOU CANNOT VOTE BY RETURNING THIS NOTICE. To vote your securities you must vote online at www.investoryote.com, or by telephone: 1-866-732-VOTE (8683) or by mailing the enclosed Proxy for receipt to Computershare Trust Company of Canada, 8^th Floor, 100 University Avenue, Toronto, Ontario, M5J 2Y1 before June 15, 2021 by 10:00 a.m. PDT.

If you are a non-registered shareholder of the Company, please complete and return the voting instruction form (or other accompanying form) in accordance with the instructions thereon for completion and deposit.

The Company will not use the procedure known as "stratification" in relation to the use of Notice-and-Access Provisions. Stratification occurs when a reporting issuer using the Notice-and-Access Provisions provides a paper copy of the Circular to certain Shareholders with the notice package.

NOTICE IS HEREBY GIVEN that an annual general meeting (the "Meeting") of the holders (the "Shareholders") of common shares (the "Common Shares") of Eastern Platinum Limited (the "Company") will be held at the offices of #1080-1188 West Georgia Street, Vancouver, BC V6E 4A2, on Thursday, June 17, 2021 at 10:00 a.m. Pacific Time (7:00 pm South African time) for the following purposes:

• $1.$ to receive the financial statements of the Company for the year ended December 31, 2020 together with the report of the Company's auditor thereon;
• $\overline{2}$ . to set the number of directors of the Company at five;
• 1. to elect the directors of the Company for the ensuing year;
• to appoint PricewaterhouseCoopers LLP as Auditors of the Company for the ensuing year and to authorize the $\overline{4}$ . directors to fix their remuneration; and
• 1. to transact such other business as may properly be brought before the Meeting or any adjournment or adjournments thereof.

Shareholders should refer to the management information circular (the "Information Circular") available on SEDAR at www.sedar.com for more detailed information with respect to the matters to be considered at the Meeting.

The record date for the determination of Shareholders entitled to receive notice of the Meeting is April 30, 2021 for Shareholders on the Canadian register and April 30, 2021 for Shareholders on the South African register. The record date for the determination of Shareholders entitled to vote is April 30, 2021 for Shareholders on the Canadian register and June 11 2021 for Shareholders on the South African register. Shareholders of record on the Canadian register at the close of business on April 30, 2021 are entitled to notice of the Meeting and to vote thereat and at any adjournment or adjournments thereof on the basis of one vote for each Common Share held. Shareholders of record on the South African register at close of business on June 11, 2021 are entitled to vote at the Meeting and at any adjournment or adjournments thereof on the basis of one vote for each Common Share held. The last day to trade for Shareholders on the South African register to be Shareholders of record on the South African register is June 8, 2021.

DUE TO THE ONGOING CONCERNS RELATED TO THE SPREAD OF THE CORONAVIRUS (COVID-19) AND IN ORDER TO PROTECT THE HEALTH AND SAFETY OF SHAREHOLDERS, EMPLOYEES, OTHER STAKEHOLDERS AND THE COMMUNITY, THE BOARD OF DIRECTORS AND MANAGEMENT REQUEST ALL SHAREHOLDERS TO VOTE BY PROXY AND NOT ATTEND THE MEETING IN PERSON. THE CONFERENCE NUMBER IS PROVIDED BELOW AND IT ENABLES SHAREHOLDERS TO PARTICIPATE IN A VOICE ONLY CONFERENCE CALL. Dial-in Toll free: 1-866-830-9434 Participant Code: 8501157

TO LOOK UP OTHER LOCATIONS:

http://www.meetingconnect.net/l/dial-in-number-lookup.php

A Shareholder not attending the Meeting may be represented by proxy. If you are a registered Shareholder on the Canadian register, please date and execute the accompanying form of proxy and return it in the envelope provided to: Computershare Trust Company of Canada, the registrar and transfer agent of the Company, by mail at 8^th Floor, 100 University Avenue, Toronto, Ontario, M5J 2Y1 or hand delivered to 3rd Floor, 510 Burrard Street, Vancouver, British Columbia, V6C 3B9.

In order to be valid and acted upon at the Meeting, Shareholders on the Canadian register must deposit their forms of proxy with Computershare Trust Company of Canada not less than 48 hours (excluding Saturdays, Sundays and holidays) before the time set for the holding of the Meeting or any adjournment or adjournments thereof. Proxies may also be voted by telephone, fax or on the internet as detailed on the proxy form.

If you are not a registered Shareholder and receive these materials through your broker or through another intermediary, please complete and return the form of proxy in accordance with the instructions provided to you by your broker or by the other intermediary.

The persons named in the enclosed form of proxy are directors and/or officers of the Company. Each Shareholder has the right to appoint a proxyholder other than such persons, who need not be a Shareholder, to act for such Shareholder and on such Shareholder's behalf at the Meeting. To exercise such right, the names of the nominees of management should be crossed out and the name of the Shareholder's appointee should be legibly printed in the blank space provided.

Certificated Shareholders and own-name registered dematerialised Shareholders on the South African register must send their signed form of proxy to the Company's South African transfer secretaries, JSE Investor Services Pty Limited, 13th Floor, 19 Ameshoff Street, corner Biccard Street, Braamfontein, Johannesburg, 2001, South Africa (PO Box 4844, Johannesburg, 2000), to be received by them not less than 48 hours (excluding Saturdays, Sundays and holidays) before the time set for the holding of the Meeting and any adjournment or adjournments thereof.

Dematerialised Shareholders on the South African register, other than own-name registered Shareholders, who wish to attend the Meeting in person will need to request their Central Securities Depository Participant ("CSDP") or broker to provide them with the necessary letter of representation in terms of the custody agreement entered into between such Shareholder and their CSDP or broker. Dematerialised Shareholders, other than own-name registered dematerialised Shareholders, who are not attending the Meeting and who wish to be represented thereat must provide their CSDP or broker with their voting instructions in terms of the custody agreement entered into between such Shareholder and their CSDP or broker in the manner and time stipulated therein.

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Proxies may also be voted by telephone or on the internet as detailed on the proxy form.

BY ORDER OF THE BOARD OF DIRECTORS

"George Dorin"

George Dorin
Chairman April 30, 2021