EXFO Inc. — AGM Information 2020

Nov 25, 2020

==> picture [92 x 29] intentionally omitted <==

Quebec City, Canada, November 1, 2020

RE: Annual General Meeting of Shareholders

Dear Shareholder,

We would like to invite you to our upcoming Annual General Meeting of Shareholders (“Meeting”), which will be held on January 13, 2021, 9:00 a.m.

This year, in light of the ongoing public health concerns related to the COVID-19 pandemic and in order to comply with the measures imposed by the federal and provincial governments, the Corporation is encouraging shareholders and others to view the Meeting online by way of a live webcast that will be available at https://investors.exfo.com/events/event-details/annual-meeting-shareholders-0.

Details of the business to be conducted at the Meeting are provided in the attached Management Proxy Circular and Notice of Annual General Meeting of Shareholders. Please be advised that our annual Letter to Shareholders will be available on our website (exfo.com/en/ar2020), on November 25, 2020.

It is important that your shares be represented at the Meeting. PLEASE VOTE BY TELEPHONE OR ELECTRONICALLY OR COMPLETE, SIGN, DATE AND PROMPTLY RETURN THE ACCOMPANYING PROXY BY FAX OR EMAIL OR IN THE ENCLOSED POSTAGE-PAID ENVELOPE.

On behalf of the Board of Directors, we would like to express our appreciation for your continued interest in EXFO.

Sincerely,

Germain Lamonde Philippe Morin Executive Chairman of the Board Chief Executive Officer EXFO Inc. EXFO Inc.

==> picture [611 x 108] intentionally omitted <==