Novo Resources — Proxy Solicitation & Information Statement 2026

Apr 14, 2026

NOVO

NOVO RESOURCES CORP.

Level 3, 46 Ventnor Avenue
West Perth, WA, Australia 6005
Telephone: +61 8 6400 6100
Fax: +1 604 632 4440

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN THAT the annual general meeting (the “Meeting”) of the shareholders of Novo Resources Corp. (the “Company”) will be held at Level 3, 46 Ventnor Avenue, West Perth, WA, Australia 6005 and virtually through the platform of AGM Connect www.AGMCMeeting.com, on Friday, May 22, 2026 at 8:00 a.m. (Australian Western Standard Time), being Thursday, May 21, 2026 at 5:00 p.m. (Pacific Daylight Time), for the following purposes:

1. to receive the consolidated financial statements of the Company for the financial year ended December 31, 2025, together with the auditor’s report thereon;
2. to set the number of directors at four;
3. to elect directors for the ensuing year;
4. to appoint the auditor for the Company and to authorize the directors to fix the auditor’s remuneration;
5. to approve the Company’s omnibus incentive plan (the “Plan”), and all unallocated options, rights and other entitlements under the Plan, as described in the Company’s information circular dated March 30, 2026 (the “Information Circular”);
6. to approve the completion of the Second Tranche and the issuance of the Broker Options (as those terms are described in the Information Circular); and
7. to transact such other business as may properly come before the Meeting and any adjournments thereof.

A shareholder entitled to attend and vote at the Meeting is entitled to appoint a proxy to attend and vote in their stead. If you are unable to attend the Meeting in person, please read the notes to the accompanying instrument of proxy or voting instruction form and then complete and return it within the time set out in the notes. The enclosed instrument of proxy is solicited by management but you may amend it, if you so desire, by striking out the names listed therein and inserting in the space provided the name of the person you wish to represent you at the Meeting.

Holders of CHESS Depositary Interests should refer to the information circular for the Meeting for further instructions on how to vote their underlying shares.

DATED the 30th of March, 2026.

BY ORDER OF THE BOARD

"Michael Spreadborough"
Michael Spreadborough
Executive Co-Chairman, Acting CEO & Director