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ONEX CORPORATION Proxy Solicitation & Information Statement 2023

Apr 12, 2023

42956_rns_2023-04-12_7a93ff6e-8a70-4e83-817b-55144957484b.pdf

Proxy Solicitation & Information Statement

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ONEX

101 Bay Street

Toronto, Canada M5J 2S1

Phone: (416) 382-7711

www.onex.com

February 24, 2023

Nova Scotia Securities Commission Alberta Securities Commission Manitoba Securities Commission Ontario Securities Commission Securities Office, Prince Edward Island Superintendent of Securities, NWT Superintendent of Securities, Nunavut

Securities Commission of Newfoundland and Labrador Saskatchewan Financial Services Commission New Brunswick Securities Commission British Columbia Securities Commission Autorité des marchés financiers Superintendent of Securities, Yukon

Re: Onex Corporation (the "Corporation")

We wish to advise you of the following information in connection with the Corporation's Annual and Special Meeting of Shareholders:

Date of meeting: May 11, 2023
Record date for notice: March 27, 2023
Record date for voting: March 27, 2023
Beneficial ownership determination date: March 27, 2023
Securities entitled to notice: Subordinate Voting Shares
Multiple Voting Shares
Securities entitled to vote: Subordinate Voting Shares
Multiple Voting Shares
CUSIP / ISIN: 68272K103 / CA68272K1030
Issuer mailing directly to non-objecting beneficial owners: No
Issuer will pay for objecting beneficial owner material distribution: Yes
Issuer using notice-and-access for registered holders: Yes
Issuer using notice-and-access for beneficial owners: Yes
Notice-and-access stratification criteria: N/A

The Corporation intends to use the notice-and-access mechanism to send proxy-related materials to all registered holders and beneficial owners.

Yours very truly,

/s/ Andrea E. Daly

Andrea E. Daly Managing Director – General Counsel and Secretary