EQ Inc. — Regulatory Filings 2021

Feb 12, 2021

February 11, 2021

Ontario Securities Commission Alberta Securities Commission British Columbia Securities Commission The Manitoba Securities Commission Financial and Consumer Affairs Authority of Saskatchewan Financial and Consumer Services Commission (New Brunswick) Nova Scotia Securities Commission The Office of the Superintendent Securities – Prince Edward Island Office of the Superintendent of Securities, Government of Newfoundland and Labrador

Dear Sirs/Mesdames:

Re: EQ Inc.

We refer to the short form prospectus (the “Prospectus”) of EQ Inc. (the “Company”) dated February 11, 2021 relating to public offering of 6,250,000 common shares of the Company.

We consent to being named and to the use, in the above-mentioned Prospectus, of our independent auditor’s report dated April 27, 2020 to the shareholders of EQ Inc. on the following financial statements:

• Consolidated statements of financial position as at December 31, 2019 and 2018; and

• Consolidated statements of loss and comprehensive loss, changes in shareholders’ equity (deficiency), and cash flow for the years ended December 31, 2019 and 2018, and notes to the consolidated financial statements, including a summary of significant accounting policies.

We report that we have read the Prospectus and all documents incorporated by reference therein and have no reason to believe that there are any misrepresentations in the information contained therein that are derived from the financial statements upon which we have reported or that are within our knowledge as a result of our audit of such financial statements. We have complied with Canadian generally accepted standards for an auditor's consent to the use of a report of the auditor included in an offering document, which does not constitute an audit or review of the prospectus as these terms are described in the CPA Handbook – Assurance.

Chartered Professional Accountants Licensed Public Accountants Toronto, Ontario