Pason Systems Inc. — AGM Information 2020

Mar 24, 2020

PASON SYSTEMS INC. Notice of Annual General Meeting of Shareholders

The holders of common shares (the “Shareholders”) of Pason Systems Inc. (“Pason”) are invited to our Annual General Meeting of Shareholders (the “Meeting”).

Date and Time

Thursday, April 30, 2020 at 3:30 p.m. (Mountain Standard Time)

Location

Pason Systems Inc. offices located at 6120 Third Street SE, Calgary, Alberta

Items of Business

The following items of business will be addressed at the Meeting:

1. Receive the audited consolidated financial statements and the report of the auditors for the year ended December 31, 2019;

2. Fix the number of directors to be elected at the Meeting at six;

3. Elect the directors of Pason for the ensuing year;

4. Reappoint Deloitte LLP as auditors of Pason for 2020 and authorize Pason’s Board of Directors to fix their remuneration;

5. Conduct a non-binding “say on pay” advisory vote on Pason’s approach to executive compensation; and

6. Transact such other business as may properly come before the Meeting or any adjournment or postponement of the Meeting.

Voting

If you are a Shareholder of record of Pason common shares at the close of business on March 17, 2020, you are entitled to receive notice of, attend, and vote at this Meeting or any adjournment or postponement of it. Whether or not you plan to attend the Meeting, we encourage you to vote in accordance with the instructions on the form of proxy or voting instruction form.

The attached Management Information Circular includes important information about what the Meeting will cover, how to vote, our governance practices and executive compensation at Pason.

By order of the Board of Directors of Pason Systems Inc.,

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Marcel Kessler, President & Chief Executive Officer March 17, 2020 in Calgary, Alberta

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