HAW Capital 2 Corp. — Proxy Solicitation & Information Statement 2025

Nov 4, 2025

BROKER ADDRESS
123 ANY STREET
ANY CITY/PROVINCE A1A 1A1

BROKER LOGO

1 OF 2
591970-81 010 E: C
S:3 E:2 1/1 M
A:4 V:1

JOHN A. SAMPLE
123 ANY STREET
ANYCITY PR A1A 1A1
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VOTING INSTRUCTION FORM

Annual General and Special Meeting

HAW Capital 2 Corp. (the "Company")

WHEN:
Tuesday, November 25, 2025 at 10:00 am MST

WHERE:
Office of the Company
4500, 855 2nd Street S.W.
Calgary

About Voting

A meeting is being held for the holders of the securities listed on the other side of this form. As a beneficial holder of the securities you have the right to vote on the item(s) being covered at the meeting, which are described in the Proxy Statement.

The control number has been assigned to you to identify your shares for voting.

You must keep your control number confidential and not disclose it to others other than when you vote using one of the voting options set out on this form. Should you send this form or provide your control number to others, you are responsible for any subsequent voting of, or subsequent inability to vote, your shares.

Please read the Proxy Statement carefully and take note of any relevant proxy deposit date.

We need to receive your voting instructions at least one business day before the proxy deposit date noted on the reverse.

If you have any questions, please contact the person who services your account.

We have been requested to forward to you the enclosed proxy material relative to securities held by us in your account but not registered in your name. Only we as the holder of record can vote such securities. We shall be pleased to vote your securities in accordance with your wishes, if you will execute the form and return it to us promptly in the enclosed business reply envelope. It is understood that if you sign without otherwise marking the form your securities will be voted as recommended in the Proxy Statement.

For this meeting, the extent of our authority to vote your securities in the absence of your instructions can be determined by referring to the applicable voting instruction number indicated on the face of your form.

For margin accounts, in the event your securities have been loaned over record date, the number of securities we vote on your behalf has been or can be adjusted downward.

Please note that under a rule amendment adopted by the New York Stock Exchange for shareholder meetings held on or after January 1, 2010, brokers are no longer allowed to vote securities held in their clients' accounts on uncontested elections of directors unless the client has provided voting instructions (it will continue to be the case that brokers cannot vote their clients' securities in contested director elections). Consequently, if you want us to vote your securities on your behalf on the election of directors, you must provide voting instructions to us. Voting on matters presented at shareholder meetings, particularly the election of directors is the primary method for shareholders to influence the direction taken by a publicly-traded company. We urge you to participate in the election by returning the enclosed voting instruction form to us with instructions as to how to vote your securities in this election.

If your securities are held by a broker who is a member of the New York Stock Exchange (NYSE), the rules of the NYSE will guide the voting procedures. These rules provide that if instructions are not received from you prior to the issuance of the first vote, the proxy may be given at the discretion of your broker (on the tenth day, if the material was mailed at least 15 days prior to the meeting date or on the fifteenth day, if the proxy material was mailed 25 days or more prior to the meeting date). In order for your broker to exercise this discretionary authority, proxy material would need to have been mailed at least 15 days prior to the meeting date, and one or more of the matters before the meeting must be deemed "routine" in nature according to NYSE guidelines. If these two requirements are met and you have not communicated to us prior to the first vote being issued, we may vote your securities at our discretion on any matters deemed to be routine. We will nevertheless follow your instructions, even if our discretionary vote has already been given, provided your instructions are received prior to the meeting date.

The following instructions provide specifics regarding the meeting for which this voting form applies.

Instruction 1

All proposals for this meeting are considered "routine". We may vote in our discretion on all proposals, if your instructions are not received.

If your securities are held by a bank, your securities cannot be voted without your specific instructions.

Instruction 2

In order for your securities to be represented at the meeting on one or more matters before the meeting, it will be necessary for us to have your specific voting instructions.

If your securities are held by a bank, your securities cannot be voted without your specific instructions.

Instruction 3

In order for your securities to be represented at the meeting, it will be necessary for us to have your specific voting instructions.

Instruction 4

We have previously sent you proxy soliciting material pertaining to the meeting of shareholders of the company indicated. According to our latest records, we have not as of yet received your voting instruction on the matter(s) to be considered at this meeting and the company has requested us to communicate with you in an endeavor to have your securities voted.

If you hold your securities through a Canadian broker or bank, please be advised that you are receiving the voting instruction form and meeting materials, at the direction of the issuer. Even if you have declined to receive securityholder materials, a reporting issuer is required to deliver these materials to you. If you have advised your intermediary that you object to the disclosure of your beneficial ownership information to the reporting issuer, it is our responsibility to deliver these materials to you on behalf of the reporting issuer.

These materials are being sent at no cost to you.

To attend the meeting and vote your shares in person or virtually (as applicable)

If you wish to attend the meeting, mark the appropriate box on the other side of this form, and a legal proxy will be issued and mailed to you. The legal proxy will grant you or your designate the right to attend the meeting and vote in person or virtually (as applicable), subject to any rules described in the Proxy Statement applicable to the delivery of a proxy.

The legal proxy will be mailed to the name and address of the beneficial holder noted above. You need to submit and deliver the legal proxy in accordance with the proxy deposit date and any instructions or disclosures noted in the Proxy Statement. You or your designate must attend the meeting for your vote to be counted.

Allow sufficient time for the mailing and return of the legal proxy by the proxy deposit date to the issuer or its agent.

Please be advised that if you, the beneficial holder, ask for a legal proxy to be issued, you may have to take additional steps in order for the proxy to be fully effective under applicable law. For example, it may be necessary that you deposit the legal proxy with the issuer or its agent in advance of the meeting. Further, if a legal proxy is issued, all other voting instructions given on this voting instruction form will not be effective.

This Voting Instruction Form confers discretionary authority to vote on such other business as may properly come before the meeting or any adjournment thereof.

Disclosure of Information – Electing to Receive Financial Statements or Requesting Meeting Materials

By electing to receive the financial statements or requesting meeting materials, your name and address may be provided to the issuer (or its agent) for mailing purposes.

05022021

PLEASE SEE OVER

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VOTING INSTRUCTION FORM

HAW Capital 2 Corp. (the "Company")

MEETING TYPE: Annual General and Special Meeting

MEETING DATE: Tuesday, November 25, 2025 at 10:00 am MST

RECORD DATE: October 21, 2025

PROXY DEPOSIT DATE: November 21, 2025

A/C

STEP 1

REVIEW YOUR VOTING OPTIONS

ONLINE: VOTE AT

PROXYVOTE.COM USING YOUR

COMPUTER OR MOBILE DATA DEVICE.

SCAN TO VIEW

MATERIAL AND

VOTE NOW

BY TELEPHONE: YOU MAY ENTER YOUR VOTING INSTRUCTIONS BY TELEPHONE AT:

BY MAIL: THIS VOTING INSTRUCTION FORM MAY BE RETURNED BY MAIL IN THE ENVELOPE PROVIDED.

REMINDER: PLEASE REVIEW THE INFORMATION / PROXY CIRCULAR BEFORE VOTING. SEE VOTING INSTRUCTION NO. 2 ON REVERSE

WE NEED TO RECEIVE YOUR VOTING INSTRUCTIONS AT LEAST ONE BUSINESS DAY BEFORE THE PROXY DEPOSIT DATE.

STEP 2

COMPLETE YOUR VOTING DIRECTIONS

2a ELECTION OF DIRECTORS: VOTING RECOMMENDATION: FOR ALL THE NOMINEES PROPOSED AS DIRECTORS (FILL IN ONLY ONE BOX "0" PER NOMINEE IN BLACK OR BLUE INK)

To elect the following as directors, unless item 2(b) applies.

	FIN	WITHHOLD
01 Scott McGregor	☐	☐
02 Marshall Mewha	☐	☐
03 Robert McCue	☐	☐
04 John Campbell	☐	☐

ITEM(S): VOTING RECOMMENDATIONS ARE INDICATED BY HIGHLIGHTED TEXT OVER THE BOXES (FILL IN ONLY ONE BOX "0" PER ITEM IN BLACK OR BLUE INK)

01 Number of Directors
To set the number of directors to hold office for the ensuing year at four (4).	FIN	AGAINST
	☐	☐
ELECTION OF DIRECTORS:
To elect the following as directors of the Company, subject to the completion of the qualifying transaction (the "Qualifying Transaction"), as more particularly described in the Company's management information circular dated October 22, 2025 (the "Information Circular").
2b(i) Election of Director: Joel Primus	FIN	WITHHOLD
	☐	☐
2b(ii) Election of Director: Andrew Kaplan	FIN	WITHHOLD
	☐	☐
2b(iii) Election of Director: Michael Gehyle	FIN	WITHHOLD
	☐	☐
2b(iv) Election of Director: Scott McGregor	FIN	WITHHOLD
	☐	☐
3a Appointment of Auditors
To appoint KPMG LLP as Auditors of the Company for the ensuing year and authorizing directors to fix their remuneration, unless item 3(b) applies.	FIN	WITHHOLD
	☐	☐
3b Appointment of Auditors
To appoint EMCL Chartered Professional Accountants as Auditor of the Company, subject to the completion of the Qualifying Transaction.	FIN	WITHHOLD
	☐	☐
04 Approval of Continuance
To consider and, if thought fit, to pass, with or without variation, a special resolution, subject to the completion of the Qualifying Transaction, approving (a) the continuance of the Company from the Business Corporations Act (Alberta) ("ABCA") to the Business Corporations Act (British Columbia)	FIN	AGAINST

("BCBCA") (the "Continuance"), (b) the filing of articles of continuance by the Company under the BCBCA, and (c) upon the effective date of the Continuance, the repeal of the Corporation's exiting articles under the ABCA and the adoption of a new notice of articles and articles of the Company under the BCBCA, all as more particularly described in the Information Circular.

FIN	AGAINST
☐	☐

05 Name Change

To consider and, if deemed appropriate, to pass, with or without variation, a special resolution approving an amendment to the articles of the Company to change its name from "HAW Capital 2 Corp." to "NAKED Revival Inc." or such other similar name as may be determined by the board of directors of the Company, as directed by NAKED Revival Inc., subject to regulatory approval, with effect immediately prior to the Continuance, conditional and effective upon the completion of the Qualifying Transaction, as more particularly described in the Information Circular.

FIN	AGAINST
☐	☐

06 Approval of Existing Plan

To consider and, if deemed appropriate, to pass, with or without variation, an ordinary resolution ratifying the Company's 10% rolling stock option plan (the "Existing Plan"), as more particularly described in the Information Circular.

FIN	AGAINST
☐	☐

07 Approval of Omnibus Plan

To consider and, if deemed appropriate, to pass, with or without variation, an ordinary resolution of disinterested shareholders approving the Company's new rolling 10% omnibus incentive plan to take effect and replace the Existing Plan, conditional and effective upon the completion of the Qualifying Transaction, as more particularly described in the Information Circular.

FIN	AGAINST
☐	☐

FILL IN THE BOX "0" TO THE RIGHT IF YOU PLAN TO ATTEND THE MEETING → ☐

AND VOTE THESE SHARES IN PERSON.

STEP 3

THIS DOCUMENT MUST BE SIGNED AND DATED

SIGNATURE(S)	INVALID IF NOT SIGNED
M	M
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