Novo Resources — Proxy Solicitation & Information Statement 2026

Apr 14, 2026

NOVO

NOTICE AND ACCESS NOTIFICATION

ANNUAL GENERAL MEETING OF SHAREHOLDERS OF NOVO RESOURCES CORP.

TO BE HELD ON MAY 22, 2026 (AWST) / MAY 21, 2026 (PDT)

This notification is being provided to the shareholders of NOVO RESOURCES CORP. (the "Company") under the notice-and-access provisions for the delivery of meeting materials in respect of the Company's annual general meeting of shareholders (the "Meeting") to be held 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). Under notice-and-access, instead of receiving printed copies of the Company's information circular (the "Circular") and, if requested, the consolidated financial statements for the year ended December 31, 2025 and management's discussion and analysis thereon, the Company is providing shareholders this notice with information on how they may access the Meeting materials electronically. However, together with this notification, shareholders continue to receive a proxy or voting instruction form, as applicable, enabling them to vote at the Meeting. The use of this alternative means of delivery will help reduce paper use, printing and mailing costs.

DATE, TIME AND LOCATION OF MEETING

Date & Time: Friday, May 22, 2026 at 8:00 a.m. (Australian Western Standard Time) / May 21, 2026 at 5:00 p.m. (Pacific Daylight Time)

Location: Level 3, 46 Ventnor Avenue, West Perth, WA, Australia 6005 and virtually through the platform of AGM Connect www.AGMCMeeting.com

MATTERS TO BE CONSIDERED AND/OR VOTED UPON AT THE MEETING

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. *For further details see the section of the Circular entitled "Particulars of Matters to be Acted Upon – Presentation of the Financial Statements".
2. To set the number of directors at four. *For further details see the section of the Circular entitled "Particulars of Matters to be Acted Upon – Election of Directors".
3. To elect directors for the ensuing year. *For further details see the section of the Circular entitled "Particulars of Matters to be Acted Upon – Election of Directors".
4. To appoint the auditor for the Company and to authorize the directors to fix the auditor's remuneration. *For further details see the section of the Circular entitled "Particulars of Matters to be Acted Upon – Appointment of Auditor".
5. To approve the Company's omnibus incentive plan (the "Plan"), and all unallocated options, rights and other entitlements under the Plan. *For further details see the section of the Circular entitled "Particulars of Matters to be Acted Upon – Ratification of Omnibus Incentive Plan and Approval of Unallocated Options, Rights and Other Entitlements".

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• To approve the completion of the Second Tranche and the issuance of the Broker Options (as those terms are described in the Circular. For further details see the section of the Circular entitled “Particulars of Matters to be Acted Upon – Approval of Second Tranche of Private Placement”

• To transact such other business as may be brought before the Meeting and any adjournments thereof.

WEBSITES WHERE MEETING MATERIALS ARE POSTED

Meeting materials can be viewed online under the Company’s profile at www.sedarplus.ca and also at https://novoresources.com/investors/2026-agm/.

Shareholders are reminded to review the Circular prior to voting.

HOW TO OBTAIN PAPER COPIES OF THE MEETING MATERIALS

Shareholders may request that paper copies of the Meeting materials be sent to them by postal delivery at no cost to them. Requests for paper copies of the Meeting materials should be received by the Company no later than 4:00 p.m. (Pacific Daylight Time) on April 30, 2026, being 12 business days in advance of the proxy deposit date set out in the accompanying proxy or voting instruction form, in order to receive the Meeting materials in advance of the proxy deposit date and Meeting date. Shareholders who wish to receive paper copies of the Meeting materials may request copies by calling the Company at +61 8 6400 6100 or emailing the Company at elza.vanderwalt@novoresources.com.

VOTING

PLEASE NOTE – YOU CANNOT VOTE BY RETURNING THIS NOTICE. To vote your securities you must vote online, by telephone or by mailing the enclosed proxy/voting instruction form for receipt before May 19, 2026 at 5:00 p.m. (Pacific Daylight Time).

Registered Holders are asked to return your proxies using the following methods by the proxy deposit date noted on your proxy, which is 5:00 p.m. (Pacific Daylight Time) on May 19, 2026:

INTERNET: Go to https://css.olympiatrust.com/pxlogin and follow the instructions. You will need the 12-digit control number located on the bottom of the proxy/voting instruction form.

MAIL: Olympia Trust Company
PO Box 128, STN M
Calgary, AB, Canada T2P 2H6
Attn: Proxy Dept

E-MAIL: proxy@olympiatrust.com

CDI Holders are asked to return voting instructions by 8:00 a.m. (Australian Western Standard Time) on May 20, 2026 / 5:00 p.m. (Pacific Daylight Time) on May 19, 2026 using the following methods:

INTERNET: Go to https://investor.automic.com.au/#/loginsah and follow the instructions.

MAIL: Automic Pty Ltd
GPO Box 5193
Sydney, NSW, Australia 2001

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Beneficial Holders are asked to return voting instructions by 5:00 p.m. (Pacific Daylight Time) on May 19, 2026 using the following methods:

INTERNET: Go to www.proxyvote.com and follow the instructions. You will need the 16-digit control number located on the bottom of the voting instruction form.

MAIL: Complete the voting instruction form, sign it and mail it in the envelope provided.

Shareholders with questions about the notice-and-access provisions may contact the Company by telephone at +61 8 6400 6100 or by email at elza.vanderwalt@novoresources.com.

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