LeoNovus Inc — AGM Information 2021

May 26, 2021

2611 Queensview Drive, Suite 125, Ottawa, Ontario K2B 8K2

LEONOVUS INC.

NOTICE OF THE ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that the annual and special meeting of the shareholders (“Meeting”) of Leonovus Inc., (the “Corporation”) will be held at their offices, 2611 Queensview Drive, Suite 125, Ottawa, Ontario, K2B 8K2 on Tuesday, the 13[th] day of July 2021, at 10:00 a.m. (Eastern Time).

In order to: (i) proactively deal with the unprecedented public health impact of coronavirus pandemic (also known as “COVID-19”); (ii) mitigate risks to the health and safety of our communities, shareholders and other stakeholders; and (iii) ensure compliance with local laws or orders restricting the size of public gatherings in response to COVID-19, the Corporation is requesting shareholders not to attend the Meeting in person. Instead of the usual Corporate update at the AGM, the Corporation will provide a Business Update via news release on or about the meeting date.

The meeting will be conducted for the following purposes:

1. to receive the audited consolidated financial statements of the Corporation for the year ended December 31, 2020 together with the report of the auditors therein;

2. to elect directors;

3. to appoint MNP LLP as auditors of the Corporation and to authorize the directors to fix the remuneration of the auditor;

4. to approve the Corporation’s Stock Option Plan; and

5. to transact such other business as may properly come before the Meeting or any adjournment or adjournments thereof.

Only the above items will be considered at the meeting.

Accompanying this Notice is the management proxy circular containing details of the matters to be dealt with at the Meeting and a form of proxy. The Corporation is mailing, separately, the management’s discussion and analysis of financial condition and results of operations and audited consolidated financial statements for the fiscal year ended December 31, 2020 only to those shareholders who requested such a mailing.

Shareholders are requested to complete and sign the accompanying form of proxy and return it by mail in the enclosed return envelope or by Internet. To be effective, proxies must be received by the Corporation’s transfer agent, TSX Trust Company, 301 – 100 Adelaide Street West, Toronto, Ontario M5H 4H1 Attention: Proxy Department, or Internet (www.voteproxyonline.com) or by facsimile at 1-416-595-9593 prior to 10:00 a.m. (Eastern Time) on Friday, July 9, 2021 or if the Meeting is adjourned, by no later than 48 hours (excluding Saturdays, Sundays and holidays) prior to when any adjournment thereof is to be held, or may be deposited with the Chair of the Meeting at any time prior to the commencement of the Meeting or any adjournment thereof.

DATED at Ottawa, Ontario the 21[st] day of May 2021.

BY ORDER OF THE BOARD OF DIRECTORS OF THE CORPORATION.

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Michael Gaffney Chairman and Director, Leonovus Inc.