Edgewater Wireless Systems Inc. — Regulatory Filings 2020

Dec 3, 2020

FORM 51-102F3 MATERIAL CHANGE REPORT

1. NAME AND ADDRESS OF COMPANY Edgewater Wireless Systems Inc. 408 Churchill Avenue North Ottawa, ON K1Z 5C6

2. DATE OF MATERIAL CHANGE November 30, 2020

3. NEWS RELEASE News release dated December 2, 2020 was disseminated through the facilities of Stockwatch and Market News Publishing Inc.

4. SUMMARY OF MATERIAL CHANGE Edgewater Wireless Systems Inc. announced new funding and organizational changes.

5. FULL DESCRIPTION OF MATERIAL CHANGE Edgewater Wireless Systems Inc. (the “Company”) secured a loan facility with significant insider participation from the President and CEO, Andrew Skafel, and announces organizational changes.

Effective immediately, Robert Harper has resigned as Chief Financial Officer of the Company. Also, the Board of Directors is now five (5) members following the departures of Chris McGillivray and Jane Barratt.

The loan facility arranged by the Company and will provide funds required to complete the audit of the Company’s financial statements for the year ended April 30, 2020, and contribute to working capital for ongoing operations.

1. RELIANCE ON SUBSECTION 7.1(2) OF NATIONAL INSTRUMENT 51-102 Not applicable.

2. OMITTED INFORMATION Not applicable.

3. EXECUTIVE OFFICER Andrew Skafel, President and CEO Telephone: +1 (613) 271-3710

4. DATE OF REPORT December 3, 2020