HEXO Corp. — AGM Information 2020

Apr 8, 2020

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Notice of our 2020 annual meeting

When

May 8, 2020 1:30 p.m. (Mountain time)

What the meeting will cover

• Receiving our 2019 consolidated financial statements and the related auditor’s report (page 8)

• Electing our directors (page 8)

• Appointing our auditor (page 8)

• Voting on our approach to executive compensation (page 9)

• Considering any other business properly presented at the meeting (page 9)

Where

Badger Daylighting Ltd. ATCO Centre II Suite 400, 919 - 11[th] Avenue S.W. Calgary, Alberta T2R 1P3

As of the date of this circular, we intend to hold the meeting in person at Badger’s corporate head office located at ATCO Centre II, Suite 400, 919 - 11[th] Avenue S.W. Calgary, Alberta, however we are continuously monitoring the current outbreak of COVID-19. In order to mitigate risks to the health and safety of shareholders, management, and community at large, the Corporation, with regret, but in accordance with current public health guidelines, discourages shareholders from physically attending the meeting and asks that all shareholders vote by proxy or voting instruction form prior to the meeting. Shareholders will be able to listen to the meeting online by way of a conference call and webcast scheduled for 1:30 p.m. (Mountain Time) on Friday May 8, 2020. A presentation will be posted to Badger’s website prior to the meeting and Shareholders can listen to the call live at www.badgerinc.com under the “Events, Webcasts & Presentation” section. To participate in the call, dial: 1-844-740-2014 and enter Passcode 9042149. Shareholders will be able to ask questions of management through the webcast at the conclusion of the meeting, but this is not a virtual meeting and as such shareholders cannot vote as part of the webcast. You can vote by mail, internet or telephone by following the instructions on your proxy or voting instruction form. Your instructions must be received by 1:30 p.m. (Mountain time) on May 6, 2020 for your vote to be counted.

We reserve the right to take any additional precautionary measures we deem necessary or advisable in relation to the meeting in response to further developments in respect of the COVID-19 outbreak, including changing the location of the meeting, hosting the meeting solely by means of remote communication, placing restrictions on inperson attendance, or postponing or adjourning the meeting. Changes to the meeting location, meeting date or means of holding the meeting will be announced by way of press release, which will be filed under Badger’s profile on SEDAR as well as on Badger’s website at www.badgerinc.com. Please monitor our press releases for updated information. We advise you to check Badger’s website one week prior to the meeting date for the most current information. We do not intend to prepare or mail amended meeting materials in the event of changes to the meeting format.

Your vote is important

The management information circular tells you about the items of business, who can vote and how you can vote. Please read it carefully, and remember to vote. We believe the safest way to ensure all shareholders can exercise their voting rights at the meeting is through providing voting instructions in advance and participating in the meeting remotely, instead of attending in person.

By order of the board,

“ Glen Roane ”

Glen Roane Chair of the Board Badger Daylighting Ltd. Calgary, Alberta

March 30, 2020