FLUENT — Regulatory Filings 2021

Jun 4, 2021

==> picture [74 x 71] intentionally omitted <==

CANSORTIUM INC.

82 NE 26[th] Street, Unit 110 Miami, FL 33137

AMENDED NOTICE OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that an Annual General and Special Meeting of the shareholders of Cansortium Inc. (the “ Corporation ”) will be held on Wednesday, June 30, 2021, at 10:00 am (Toronto time) (postponed from June 16, 2021) for the following purposes (the “ Meeting ”):

1. to receive the audited consolidated financial statements of the Corporation’s for the year ended December 31, 2020 and the auditors’ report thereon;

2. to elect each of the directors for the ensuing year;

3. to appoint auditors for the ensuing year and to authorize the directors to fix the auditors’ remuneration;

4. to consider and, if thought fit, pass an ordinary resolution of disinterested shareholders, as more particularly set forth in the accompanying Management Information Circular, approving the adoption of a restricted share unit award plan; and

5. to transact such further and other business as may properly be brought before the meeting or any adjournment thereof.

The Board of Directors has fixed May 10, 2021 as the record date for the determination of shareholders entitled to notice of, and to vote at, the Meeting and any adjournment thereof and such record date remains unchanged.

Accompanying this Amended Notice of Meeting are the following documents: a supplement dated May 31, 2021 (the “ Supplement ”) to the management information circular of the Corporation dated May 17, 2021 (the “ Circular ”), a new form of proxy and a return envelope.

A shareholder who is unable to attend the Meeting in person and who wishes to ensure that such shareholder’s shares will be voted at the Meeting is requested to complete, date and execute the enclosed new form of proxy and deliver it by facsimile, by hand or by mail in accordance with the instructions set out in the new form of proxy and in the Supplement and the Circular.

The Corporation is holding the Meeting as a completely virtual meeting, which will be conducted via live webcast, where all shareholders regardless of geographic location and equity ownership will have an equal opportunity to participate at the Meeting. Shareholders will not be able to attend the Meeting in person. Registered shareholders and duly appointed proxyholders will be able to attend, participate and vote at the Meeting online at https://web.lumiagm.com/276650455. Non-registered shareholders (being shareholders who hold their shares through a broker, investment dealer, bank, trust company, custodian, nominee or other intermediary) who have not duly appointed themselves as proxyholder will be able to attend as a guest and view the webcast but not be able to participate or vote at the Meeting.

As a shareholder of the Corporation, it is very important that you read the Supplement, the Circular, the new form of proxy and other Meeting materials carefully. They contain important information with respect to voting your shares and attending and participating at the Meeting.

A shareholder who wishes to appoint a person other than the management nominees identified on the new form of proxy or voting instruction form, to represent him, her or it at the Meeting may do so by inserting such person's name in the blank space provided in the new form of proxy or voting instruction form and following the instructions for submitting such new form of proxy or voting instruction form. This must be completed prior to registering such proxyholder, which is an additional step to be completed once you have submitted your new form of proxy or voting instruction form.

If you wish that a person other than the management nominees identified on the new form of proxy or voting instruction form attend and participate at the Meeting as your proxy and vote your shares, including if you are a non-registered shareholder and wish to appoint yourself as proxyholder to attend, participate and vote at the Meeting, you MUST register such proxyholder after having submitted your new form of proxy or voting instruction form identifying such proxyholder. Failure to register the proxyholder will result in the proxyholder not receiving a username to participate in the Meeting. Without a username, proxyholders will not be able to attend, participate or vote at the Meeting. To register a proxyholder, shareholders MUST send an email to Cansortium@odysseytrust.com and provide Odyssey Trust Company with their proxyholder's contact information, number of shares appointed, name in which the shares are registered if they are a registered shareholder, or name of broker where the shares are held if a non-registered shareholder, so that Odyssey Trust Company may provide the proxyholder with a username via email.

Dated this 31[st] day of May 2021.

BY ORDER OF THE BOARD

“ Neal Hochberg ”

Neal Hochberg Director