Euromax Resources Ltd. — AGM Information 2022

May 24, 2022

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EUROMAX RESOURCES LTD.

(the " Corporation ")

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that the annual general meeting (the " Meeting ") of the holders of common shares of the Corporation will be held at Euromax Resources Skopje Office, Partizanski Odredi Blvd No. 42, 4, Skopje, the Republic of North Macedonia on Monday, 20 June 2022 at 9:00 am CET for the following purposes:

1. To receive the audited consolidated financial statements of the Corporation for the financial year ended 31 December 2021, and the auditors' report thereon;

2. To fix the number of directors of the Corporation at seven (7);

3. To elect the directors of the Corporation for the ensuing year;

4. To appoint BDO LLP as auditors of the Corporation for the ensuing year and to authorize the directors to fix their remuneration; and

5. To consider and, if thought fit, pass an ordinary resolution approving the unallocated stock options under the Corporation’s stock option plan, as more fully described in the accompanying management information circular of the Corporation in respect of the Meeting which accompanies this notice of meeting (the “ Circular ”); and

6. To transact such further or other business as may properly come before the Meeting or any adjournment or postponement(s) thereof.

The directors have fixed the close of business on 16 May 2022 as the record date for determining registered shareholders who are entitled to receive notice of the Meeting and are entitled to vote at the Meeting or any adjournment(s) or postponement(s) thereof.

This notice is accompanied by the Circular, a proxy or voting instruction form and a supplemental mailing list return card. The Circular provides additional information relating to the matters to be dealt with at the Meeting and is deemed to form part of this notice.

Registered shareholders who cannot attend the Meeting are encouraged to date, sign and deliver the accompanying proxy and return it in accordance with the instructions set out therein. Non-registered shareholders who receive these materials through their broker or another intermediary are encouraged to complete and return the materials in accordance with the instructions provided by their broker or other intermediary.

DATED this 16 May 2022

BY ORDER OF THE BOARD OF DIRECTORS

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Tim Morgan-Wynne

Executive Chairman

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