Jaguar Mining Inc. — AGM Information 2021

Apr 30, 2021

==> picture [190 x 84] intentionally omitted <==

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

WHEN: WHERE: RECORD DATE: Tuesday, June 1, 2021 Virtual only Meeting Tuesday, April 20, 2021 11:30 a.m. (Toronto time) via the TSX Trust Virtual Meeting Platform located at: ‐ https://virtual meetings.tsxtrust.com/1121 Password: jaguar2021 (case sensitive)

NOTICE IS HEREBY GIVEN that the annual general meeting (the “ Meeting ”) of the holders of common shares (the “ Shareholders ”) of Jaguar Mining Inc. (the “ Corporation ”) will be held in a virtual‐only format on Tuesday, June 1, 2021 at 11:30 a.m. (Toronto time) via the TSX Trust Virtual Meeting Platform at URL: https://virtual‐meetings.tsxtrust.com/1121, Meeting ID: 1121 and Password: jaguar2021 (case sensitive).

The Meeting will be held for the following purposes:

1. to receive and consider the consolidated financial statements of the Corporation for its financial year ended December 31, 2020, together with the auditor’s report thereon;

2. to reappoint KPMG LLP, Chartered Accountants, as the auditors of the Corporation for the ensuing year and to authorize the directors to fix their remuneration and the terms of their engagement;

3. to elect the directors for the ensuing year; and

4. to transact such further or other business as may properly come before the Meeting or any adjournment(s) or postponement(s) thereof.

The board of directors of the Corporation has fixed a record date as of April 20, 2021 for the purposes of determining Shareholders entitled to receive notice of, and to vote at, the Meeting and any postponement or adjournment thereof.

In order to proactively deal with the unprecedented public health impacts of COVID‐19 and to mitigate risks to the health and safety of our communities, the Shareholders and other stakeholders, and to ensure compliance with local laws or orders restricting the size of public gatherings in response to COVID‐19, the Corporation will hold the Meeting as a virtual‐only shareholders meeting with the opportunity for certain attendees to participate electronically.

2

The Shareholders will not be able to attend the Meeting in person. At the virtual Meeting, registered Shareholders and duly appointed proxyholders will have an opportunity to participate, ask questions and vote, all in real time through a web‐based platform. Non‐registered Shareholders must carefully follow the procedures set out in the accompanying management information circular (the “ Circular ”) in order to vote virtually at the Meeting and ask questions. Guests, including non‐registered Shareholders who have not been duly appointed as proxyholders, can log into the virtual Meeting as a guest. Guests may listen to the Meeting and ask questions via a text/chat feature, but will not be entitled to vote at the Meeting.

Instructions for Attending the Meeting

‐ In order to attend the Meeting virtually, Shareholders should log in at https://virtual meetings.tsxtrust.com/1121 at least fifteen (15) minutes prior to the start of the Meeting. Once logged in, registered Shareholders will be required to provide the password (jaguar2021) and their control number to vote at the Meeting. Alternatively, Shareholders can take steps to submit their votes by proxy by following the instructions below and as further set out in the accompany Circular.

If you are a registered Shareholder and are unable to attend the Meeting virtually, please complete, sign, date and return the enclosed form of proxy to TSX Trust Company, 301‐100 Adelaide Street West, Toronto, Ontario M5H 4H1, or by facsimile to 416‐595‐9593, or complete the form of proxy by such other method as is identified, and pursuant to any instructions contained, in the form of proxy. In order to be valid for use at the Meeting, proxies must be received not less than 48 hours (excluding Saturdays, Sundays and holidays) prior to the Meeting or any adjournment(s) or postponement(s) thereof.

If you are a non‐registered Shareholder and receive these materials through your broker or through another intermediary, please complete and return the materials in accordance with the instructions provided to you by your broker or such other intermediary. If you are a non‐registered Shareholder and do not complete and return the materials in accordance with such instructions, you may lose the right to vote at the Meeting.

Further information with respect to voting by proxy is included in the accompany Circular. If you have any questions or need assistance with the completion and delivery of your proxy, please contact the Corporation’s Chief Financial Officer, Hashim Ahmed, by email at hashim.ahmed@jaguarmining.com.

DATED at Toronto, Ontario, Canada, this 22[nd] day of April, 2021.

BY ORDER OF THE BOARD OF DIRECTORS OF JAGUAR MINING INC.

“Jeff Kennedy” Jeff Kennedy Chairman of the Board of Directors

3