Naturally Splendid Enterprises Ltd. — AGM Information 2022

Aug 4, 2022

==> picture [248 x 182] intentionally omitted <==

NATURALLY SPLENDID ENTERPRISES LTD.

108 – 19100 Airport Way Pitt Meadows, BC V3Y 0E2

NOTICE OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON AUGUST 30, 2022

AND

INFORMATION CIRCULAR

This document requires immediate attention. If you are in doubt as to how to deal with the documents or matters referred to in this Information Circular, you should immediately contact your advisor.

==> picture [106 x 79] intentionally omitted <==

NATURALLY SPLENDID ENTERPRISES LTD.

108 – 19100 Airport Way, Pitt Meadows, BC V3Y 0E2 Telephone: (604)570-0902

NOTICE OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that the Annual General and Special Meeting of the shareholders of Naturally Splendid Enterprises Ltd. (the “Company”) will be held via Zoom conference, using the access information provided below, on Tuesday, August 30, 2022, at 10:00 a.m. (Vancouver time) for the following purposes:

1. To set the number of directors of the Company for the ensuing year at four (4) persons;

2. To elect Craig Goodwin, George Ragogna, Bryan Carson and Larry Gilmour as directors for the ensuing year;

3. To appoint Harbourside CPA, LLP, as the auditors of the Company until the next annual general meeting of the Company and to authorize the directors of the Company to fix the remuneration to be paid to the auditors;

4. To consider and, if deemed appropriate, to pass, with or without variation, an ordinary resolution approving, ratifying and confirming the Company’s 10% rolling stock option plan as more particularly described in the accompanying Information Circular;

5. To consider and, if deemed appropriate, to pass, with or without variation, an ordinary resolution approving, ratifying and confirming the Company’s security based compensation plan as more particularly described in the accompanying Information Circular;

6. To approve a special resolution approving the consolidation of the issued and outstanding common shares of the Company on the basis of up to a maximum of one (1) post-consolidation share for every fifteen (15) preconsolidation shares, as more particularly described in the information circular accompanying this notice;

7. To transact such other business as may be properly brought before the Meeting or any adjournment thereof.

The Information Circular provides additional information relating to the matters to be dealt with at the Meeting and is supplemental to, and expressly made a part of, this Notice of Annual General Meeting of Shareholders.

The Company’s board of directors has fixed July 27, 2022 as the record date for the determination of Shareholders entitled to notice of and to vote at the Meeting and at any adjournment or postponement thereof. Each registered Shareholder at the close of business on that date is entitled to such notice and to vote at the Meeting in the circumstances set out in the Information Circular.

To access the Zoom conference, please use the following details:

https://us02web.zoom.us/j/84177952008?pwd=bWt5eXE4TGg3RVM5M3BhcDVteTUxZz09

Meeting ID: 841 7795 2008 Passcode: 432969

This year to mitigate risks to the health and safety of the Shareholders, employees and other stakeholders of the Company, the Company will be holding its Meeting through Zoom conference. If you are a registered Shareholder and unable to attend the Meeting by way of Zoom conference and wish to vote at the Meeting, please complete, date and sign the accompanying form of proxy and deposit it with the Company’s transfer agent, Computershare Investor Services Inc., 510 Burrard Street, 3rd Floor, Vancouver, BC V6C 3B9 by mail or fax, no later than forty-eight (48) hours (excluding Saturdays, Sundays and holidays) prior to the time of the Meeting, or adjournment thereof.

2

If you are a non-registered Shareholder, please complete and return the materials in accordance with the instructions set forth in the Information Circular.

DATED at Vancouver, British Columbia, this 28[th] day of July, 2022.

By Order of the Board of

NATURALLY SPLENDID ENTERPRISES LTD.

“Craig J. Goodwin” Craig J. Goodwin Chief Executive Officer and Director

3