Eguana Technologies Inc. — Regulatory Filings 2021

May 11, 2021

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May 11, 2021

By SEDAR

Alberta Securities Commission British Columbia Securities Commission The Manitoba Securities Commission Ontario Securities Commission Nova Scotia Securities Commission Financial and Consumer Services Commission (New Brunswick)

Dear Sirs/Mesdames:

Re: Final Short Form Prospectus of Eguana Technologies Inc. (the “Issuer”)

We refer you to the final short form prospectus (the “Prospectus” ) of the Issuer dated May 11, 2021 relating to the qualification of 50,000,000 Special Warrant Shares Issuable upon exercise of 50,000,000 Special Warrants of the Issuer.

We consent to being named in the Prospectus on the face page of the Prospectus and under the heading “Interest of Experts” in the Prospectus, and consent to the use of our legal opinions set out under the heading “Eligibility for Investment” and in the Prospectus, which opinions are provided as of the date of the Prospectus.

We have read the Prospectus and have no reason to believe that there are any misrepresentations in the information contained in the Prospectus that are (i) derived from our legal opinions provided in the Prospectus, or (ii) within our knowledge as a result of the services performed by us in connection with such opinions.

Yours truly,

STIKEMAN ELLIOTT LLP