Elcora Advanced Materials Corp. — AGM Information 2020

Nov 16, 2020

ELCORA ADVANCED MATERIALS CORP.

111 Ahmadi Crescent Bedford, Nova Scotia B4A 4E5

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that an annual general meeting (the “ Meeting ”) of the Shareholders of Elcora Advanced Materials Corp. (the “ Corporation ”) will be held at Suite 10, 275 Rocky Lake Drive, Bedford, Nova Scotia , on Monday, November 30, 2020 at 10:00 a.m. (Halifax, Nova Scotia time) for the following purposes:

1. to receive the audited financial statements of the Corporation for the financial year ended on March 31, 2020;

2. fix the number of directors at three (3);

3. elect directors for the ensuing year;

4. appoint Dale Matheson Carr-Hilton LaBonte LLP, Chartered Professional Accountants, as auditor of the Corporation for the ensuing year and authorize the directors to determine the remuneration to be paid to the auditor;

5. approve the Corporation’s stock option plan, as required annually by the policies of the TSX Venture Exchange;

6. transact such other business as may properly be put before the Meeting.

All Shareholders are entitled to attend and vote at the Meeting in person or by proxy. The Board of Directors (the “ Board ”) requests that all shareholders (the “ Shareholders ”) who will not be attending the Meeting in person read, date and sign the accompanying proxy and deliver it to Endeavor Trust Corporation (the “ Endeavor ” or the “Transfer Agent”). If a Shareholder does not deliver a proxy to Endeavor, Attention: Proxy Department, 702 – 777 Hornby Street, Vancouver, British Columbia, V6Z 1S4, or by email at proxy@endeavortrust.com by 10:00 a.m. (Halifax, Nova Scotia time) on Thursday November 26, 2020 (or prior to 48 hours excluding Saturdays, Sundays and holidays, before any adjournment of the meeting at which the proxy is to be used) then the shareholder will not be entitled to vote at the Meeting by proxy. Only Shareholders of record at the close of business on Monday, October 26, 2020 will be entitled to vote at the Meeting.

An information circular and a form of proxy accompanying this notice.

In view of the current and rapidly evolving COVID-19 outbreak, the Company asks that, in considering whether to attend the Meeting in person, shareholders follow the instructions of the Public Health Agency of Canada (https://www.canada.ca/en/public-health/services/diseases/2019-novel-coronavirus-infection.html). The Company encourages Shareholders not to attend the Meeting in person if experiencing any of the described COVID-19 symptoms of fever, cough or difficulty breathing. The Company may take additional precautionary measures in relation to the Meeting in response to further developments in the COVID-19 outbreak. As always, the Company encourages shareholders to vote prior to the Meeting. Shareholders are encouraged to vote on the matters before the Meeting by proxy and to join the Meeting by teleconference. To access the Meeting by teleconference, dial toll free at 1-800-319-7310, Participation Code: 77783, followed by the # key.

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DATED at Halifax, Nova Scotia, the 26[th] day of October, 2020.

ON BEHALF OF THE BOARD

Signed: “Troy Grant” Troy Grant, President, Chief Executive Officer