Lithium Energi Exploration Inc. — AGM Information 2021

Jun 3, 2021

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TD Canada Trust Tower 161 Bay Street, 27th Floor Toronto, ON M5J 2S1 Tel: 416-276-6689

NOTICE OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 30, 2021

NOTICE IS HEREBY GIVEN that the Annual General and Special Meeting (the “ Meeting ”) of the shareholders (the “ Shareholders ”) of Lithium Energi Exploration Inc. (the “ Company ”) will be held virtually by teleconference on Wednesday, June 30, 2021, at 1:00 p.m. (Eastern Time) . Shareholders are invited to attend the Meeting remotely for the following purposes:

1. To receive and consider the audited financial statements of the Company for the financial years ended February 28, 2021, February 29, 2020 and February 28, 2019, together with the auditor’s reports thereon, and related management’s discussion and analyses;

2. To fix the number of directors for the ensuing year at four (4) members;

3. To elect directors of the Company to hold office for the ensuing year;

4. To appoint Dale Matheson Carr-Hilton LaBonte LLP, Chartered Professional Accountants, as auditor of the Company for the ensuing year and to authorize the directors to fix the remuneration to be paid to the auditor;

5. To consider and, if thought appropriate, pass an ordinary resolution to ratify, confirm and approve the continuation of the Company’s 10% “rolling” stock option plan, as more particularly described in the accompanying management information circular; and

6. To transact such further and other business as may be properly brought before the Meeting or at any continuation of the Meeting following an adjournment or postponement thereof.

The accompanying management information circular (the “ Information Circular ”) provides additional information relating to the matters to be dealt with at the Meeting and is deemed to form part of this Notice. Although no other matters are contemplated, the Meeting may also consider the transaction of such further and other business, and any permitted amendment to or variation of any matter identified in this Notice, as may properly come before the Meeting or any adjournment or postponement thereof. Accompanying this Notice is a (i) form of proxy or voting instruction form, and (ii) financial statements request form.

VIRTUAL MEETING ADVANCE REGISTRATION PROCESS

Registered Shareholders and proxyholders who have completed the Company’s virtual meeting advance registration process will be able to attend the Meeting via teleconference. Non-registered Shareholders who have appointed themselves as proxyholder through their intermediary will also be permitted to attend the Meeting via teleconference. Non-registered Shareholders who have not duly appointed themselves as proxyholder will not be permitted to attend the Meeting. This procedure is in place to ensure that the Company and its transfer agent can verify the identity of attending Shareholders. The Company and its transfer agent do not have a record of the Company’s non-registered Shareholders and, as a result, will have no knowledge of their shareholdings or entitlement to vote unless they appoint themselves as proxyholder. Please refer to the “Appointment of Proxy” and “Advice to Beneficial Shareholders (NonRegistered Shareholders)” sections of the Information Circular for additional information.

VIRTUAL MEETING ADVANCE REGISTRATION

Advance registration for the Meeting is required by emailing the following information to janet@keystonecorp.ca:

• (a) the name of the registered Shareholder in which common shares of the Company are held;

• (b) the proxy control number given in respect of such common shares of the Company (unless the person is registering as a proxyholder); and

• (c) an email address and/or telephone number at which a Company representative may contact such Shareholder in order to provide the teleconference number, Meeting ID and passcode, or request additional information, as necessary.

The teleconference number will be provided only to Shareholders and proxyholders who complete the virtual meeting advance registration process using the instructions provided above.

The board of directors of the Company has fixed the close of business on May 17, 2021, as the record date for the determination of the Shareholders entitled to receive notice of, and to vote at, the Meeting. Only Shareholders whose names have been entered in the register of Shareholders as at the close of business on May 17, 2021, will be entitled to receive notice of and to vote on all matters to be voted on at the Meeting.

Shareholders will have an equal opportunity to participate at the Meeting by teleconference regardless of geographic location, however, a Shareholder attending the Meeting by teleconference will not be able to vote via teleconference at the Meeting . As such, Shareholders who attend the Meeting by teleconference and who wish to ensure their common shares will be voted at the Meeting are advised to vote in advance of the Meeting.

VOTING

Registered Shareholders are asked to return their proxy(ies) using one of the following methods in advance of the proxy cut-off date as set out in the accompanying proxy:

Internet: www.investorvote.com

Telephone : 1-866-732-VOTE (8683)

To vote by telephone or the Internet, Shareholders will need to enter the Control Number shown on the accompanying proxy.

Mail: Computershare Investor Services Inc., 8[th] Floor, 100 University Avenue, Toronto, Ontario M5J 2Y1

Non-registered Shareholders (Beneficial Shareholders) are asked to use the voting instruction form provided by your intermediary (e.g. bank, trust company, broker, etc.) and return it as early as practicable to ensure your voting instructions are transmitted on time. It must be received by your intermediary with sufficient time for them to file a proxy by the deadline.

Your vote is important. Please be sure to vote in advance of the Meeting. The cut-off time for the deposit of proxies is 1:00 p.m. (Eastern Time) on June 28, 2021, or such earlier time as may be directed on the form.

DATED at Toronto, Ontario, this 17[th] day of May, 2021.

BY ORDER OF THE BOARD OF DIRECTORS:

/s/ Steven C. Howard

Steven C. Howard President, Chief Executive Officer and Director