Eguana Technologies Inc. — Capital/Financing Update 2021

Feb 1, 2021

NOTICE DECLARING INTENTION TO BE QUALIFIED UNDER NATIONAL INSTRUMENT 44-101 SHORT FORM PROSPECTUS DISTRIBUTIONS ("NI 44-101")

February 1, 2021

TO: Alberta Securities Commission

AND TO: British Columbia Securities Commission Ontario Securities Commission Nova Scotia Securities Commission

Eguana Technologies Inc. (the " Issuer ") intends to be qualified to file a short form prospectus under NI 44-101. The Issuer acknowledges that it must satisfy all applicable qualification criteria prior to filing a preliminary short form prospectus. This notice does not evidence the Issuer's intent to file a short form prospectus, to enter into any particular financing or transaction or to become a reporting issuer in any jurisdiction. This notice will remain in effect until withdrawn by the Issuer.

EGUANA TECHNOLOGIES INC.

Per: “Justin Holland” Justin Holland Chief Executive Officer