Globex Mining Enterprises Inc. — Proxy Solicitation & Information Statement 2026

May 21, 2026

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS OF GLOBEX MINING ENTERPRISES INC.

TAKE NOTICE that an Annual Meeting of Shareholders (the “Meeting”) of GLOBEX MINING ENTERPRISES INC. (the “Corporation”) will be held at 10:00 a.m. (eastern time) on Tuesday, June 23, 2026, at DSA Corporate Services Inc., 82 Richmond Street East, Toronto, Ontario M5C 1P1. The purposes of the Meeting are to:

1. Receive and consider the consolidated financial statements of the Corporation for the fiscal year ended December 31, 2025, and the auditor’s report thereon;
2. Elect directors;
3. Appoint the auditor of the Corporation and authorize the directors to fix its remuneration;
4. Consider, and if deemed advisable, to adopt, a resolution in the form annexed as Schedule B to the management information circular of the Corporation dated May 11, 2026 (the “Circular”), approving an amendment to the 2006 Stock Option Plan of the Corporation so as to increase by 2,500,000 the number of shares that may be issued thereunder; and
5. Transact such other business as may properly be brought before the Meeting.

Additional information on the above matters can be found in the Circular under the headings “Election of Directors”, “Appointment of Auditor”, and “Amendment to the 2006 Stock Option Plan”, respectively.

The Corporation is requesting that shareholders not attend the Meeting in person. The Meeting will be available by way of telephone conference call at +1 647-749-9360 – Phone conference ID: 561 430 263#, and the Corporation asks all shareholders to participate in that manner. Shareholders participating in the telephone conference call will not be able to vote at the Meeting, but will be able to ask questions by submitting them via email to info@globexmining.com at least 48 hours prior to the Meeting.

Please vote your shares prior to the Meeting by returning the enclosed proxy form or voting instruction form (“VIF”), voting online or using the toll-free telephone number set out on the proxy form or VIF. Proxies to be used at the Meeting must be deposited with the Corporation’s transfer agent, Computershare Investor Services Inc. (Attention: Proxy Department), 100 University Avenue, 8th Floor, Toronto, Ontario M5J 2Y1, no later than 5:00 p.m. (eastern time) on June 19, 2026, or with the Secretary of the Corporation before the commencement of the Meeting or at any adjournment thereof.

The Board of Directors has fixed the close of business on May 1, 2026, as the record date for the determination of shareholders entitled to notice of and to vote at the Meeting and at any adjournment or postponement thereof. Beneficial Shareholders are encouraged to vote by completing and signing the enclosed VIF and returning it in accordance with the instructions provided to them by their broker or other intermediary. Registered Shareholders are encouraged to vote by completing the enclosed form of proxy. Registered Shareholders may also vote their shares by telephone or through the internet using the procedures described in the enclosed form of proxy. Shareholders are urged to review the Circular before voting.

Notice-and-Access

The Corporation has elected to use “notice-and-access” rules (“Notice-and-Access”) under National Instrument 54-101 Communication with Beneficial Owners of Securities of a Reporting Issuer (“NI 54-101”) for distribution of its Proxy-Related Materials (as defined below) to shareholders who hold

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their shares directly in their respective names (referred to herein as “Registered Shareholders”) and to shareholders who do not hold shares of the Corporation in their own names (referred to herein as “Beneficial Shareholders”). Notice-and-Access is a set of rules that allows issuers to post electronic versions of proxy-related materials on SEDAR+ and on one additional website, rather than mailing paper copies. “Proxy-Related Materials” refers to the Circular, the Notice of Meeting, and the VIF or form of proxy, as applicable.

Shareholders may obtain further information about Notice-and-Access by contacting: (i) for Registered Shareholders and Beneficial Shareholders with a 15-digit Control Number: Computershare Investor Services Inc. toll free at 1-866-964-0492 or at www.computershare.com/notificationandaccess; or (ii) for Beneficial Shareholders with a 16-digit Control Number: Broadridge Financial Solutions, Inc. toll free at 1-855-887-2244.

Websites Where Proxy-Related Materials are Posted

The Proxy-Related Materials are available on the Corporation’s website at www.globexmining.com/Investors/Annual-Meeting and under the Corporation’s profile on SEDAR+ at www.sedarplus.ca.

Notice Package

Although the Proxy-Related Materials have been posted on-line as noted above, Beneficial Shareholders are receiving paper copies of a notice package via prepaid mail, containing information prescribed by NI 54-101 such as the date, time and location of the Meeting, the website addresses where the Proxy-Related Materials are posted, a VIF, and supplemental mail list return card for Beneficial Shareholders to request they be included in the Corporation’s supplementary mailing list for receipt of the Corporation’s interim financial statements for the 2026 fiscal year. Registered Shareholders will receive copies of the Notice of Meeting and a form of proxy via prepaid mail.

How to Obtain Paper Copies of Proxy-Related Materials

Shareholders may obtain paper copies of the Circular free of charge by contacting: (i) for Registered Shareholders and Beneficial Shareholders with a 15-digit Control Number: Computershare Investor Services Inc. toll free at 1-866-962-0498 (within North America) or 514-982-8716 (outside North America); or (ii) for Beneficial Shareholders with a 16-digit Control Number: Broadridge Financial Solutions, Inc. toll free at 1-877-907-7643. Any request for paper copies which are required in advance of the Meeting should be sent so that the request is received by the Corporation by 5:00 p.m. (eastern time) on June 9, 2026, in order to allow sufficient time for shareholders to receive their paper copies and to return their VIFs or proxy forms, as applicable, by the due date. After the Meeting, shareholders may obtain paper copies of the Circular free of charge by contacting the Secretary of the Corporation at 1-819-797-5242.

Dated at Toronto, Ontario, this 11th day of May, 2026.

BY ORDER OF THE BOARD OF DIRECTORS

By: (signed) Jack Stoch
Jack Stoch
Executive Chairman and Chief Executive Officer