Novo Resources — Proxy Solicitation & Information Statement 2026

Apr 14, 2026

NOVO

NOVO RESOURCES CORP.

(the "Company")

FORM OF PROXY

Annual General Meeting to be held at Level 3, 46 Ventnor Avenue, West Perth, WA, Australia 6005 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)

(the "Meeting")

Proxies must be received by 5:00 P.M. (PDT) on May 19, 2026

The undersigned hereby appoints Michael Spreadborough, or failing him, Elza van der Walt (the "Management Nominees"), or instead of either of them, the following appointee

Please print appointee name

as proxyholder on behalf of the undersigned with the power of substitution to attend, act and vote for and on behalf of the undersigned in respect of all matters that may properly come before the Meeting and at any adjournment(s) or postponement(s) thereof, in accordance with voting instructions, if any, provided below.

• SEE VOTING GUIDELINES ON REVERSE -

RESOLUTIONS – MANAGEMENT VOTING RECOMMENDATIONS ARE INDICATED BY NIGHLIGHTED TEXT

1. Number of Directors	FOR	AGAINST
To set the number of directors to be elected at the Meeting at four (4).	☐	☐
2. Election of Directors	FOR	WITHHOLD
a) Quinton Hennigh	☐	☐
b) Greg Jones	☐	☐
c) Karen O'Neill	☐	☐
d) Michael Spreadborough	☐	☐
3. Appointment of Auditors	FOR	WITHHOLD
Appointment of Deloitte Touche Tohmatsu, Chartered Professional Accountants, as auditor of the Company for the ensuing year and authorizing the directors to fix their remuneration	☐	☐
4. Approval of Omnibus Incentive Plan and Unallocated Options, Rights and Other Entitlements	FOR	AGAINST
Approval of the Company's omnibus incentive plan and all unallocated options, rights and other entitlements thereunder, as described in the Company's management information circular dated March 30, 2026	☐	☐
5. Approval of Second Tranche Private Placement	FOR	AGAINST
Approval of the completion of the Second Tranche and the issuance of the Broker Options, as those terms are defined in the Company's management information circular dated March 30, 2026	☐	☐
6. Resolution	FOR	AGAINST
To transact such other business as may properly come before the Meeting and any adjournments thereof	☐	☐

This proxy revokes and supersedes all earlier dated proxies and MUST BE SIGNED

PLEASE PRINT NAME

Signature of registered owner(s)

Date (MM/DD/YYYY)

Request for Financial Statements

In accordance with securities regulations, security holders may elect to receive Annual Financial Statements, Interim Financial Statements and MD&As.

Instead of receiving the financial statements by mail, you may choose to view these documents on SEDAR+ at www.sedarplus.ca.

I am currently a security holder of the Company and as such request the following:

Interim Financial Statements with MD&A – Check the box to the right if you would like to RECEIVE interim financial statements and accompanying Management's Discussion & Analysis by mail.

Annual Financial Statements with MD&A – Check the box to the right if you would like to RECEIVE the Annual Financial Statements and accompanying Management's Discussion and Analysis by mail.

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OLYMPIA TRUST COMPANY

Proxy Voting – Guidelines and Conditions

1. THIS PROXY IS SOLICITED BY MANAGEMENT OF THE COMPANY.
2. THIS PROXY SHOULD BE READ IN CONJUNCTION WITH THE MEETING MATERIALS PRIOR TO VOTING.
3. If you appoint the Management Nominees to vote your securities, they will vote in accordance with your instructions or, if no instructions are given, in accordance with the Management Voting Recommendations highlighted for each Resolution on the reverse. If you appoint someone else to vote your securities, they will also vote in accordance with your instructions or, if no instructions are given, as they in their discretion choose.
4. Each security holder has the right to appoint a person other than the Management Nominees specified herein to represent them at the Meeting or any adjournment or postponement thereof. Such right may be exercised by inserting in the space labeled "Please print appointee name", the name of the person to be appointed, who need not be a security holder of the Company.
5. The proxy confers discretionary authority in respect of amendments or variations to matters identified in the Notice of Meeting or other matters that properly come before the meeting or any adjournment or postponement thereof.
6. To be valid, this proxy should be signed in the exact manner as the name appears on the proxy. If the proxy is not dated, it is deemed to bear the date of its mailing to the security holders of the Company.
7. To be valid, this proxy must be filed using one of the Voting Methods and must be received by Olympia Trust Company before the date noted on the reverse, or in the case of any adjournment or postponement of the Meeting not less than 48 hours (Saturdays, Sundays and holidays excepted) before the time of the adjourned or postponed meeting.
8. Guidelines for proper execution of the proxy are available at www.stac.ca. Please refer to the Proxy Protocol.

Voting Methods

| INTERNET | Go to https://css.olympiatrust.com/pxlogin and enter the 12-digit control number shown above.
To vote using your smartphone, please scan this QR code below: |
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| EMAIL | proxy@olympiatrust.com |
| FACSIMILE | (403) 668-8307 |
| MAIL | Olympia Trust Company
PO Box 128, STN M
Calgary, AB T2P 2H6 |