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Propel Holdings Inc. Proxy Solicitation & Information Statement 2023

May 18, 2023

48226_rns_2023-05-18_da8a6538-f6e3-4da5-9cd5-cb68cc3ee076.pdf

Proxy Solicitation & Information Statement

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Notice-and-Access

The Canadian securities regulators have adopted rules which permit the use of notice-and-access for proxy solicitation instead of the traditional physical delivery of material. This new process provides the option to post meeting related materials including management information circulars, as well as annual financial statements and management’s discussion and analysis on a website in addition to SEDAR. Under notice-and-access, meeting related materials will be available for viewing for up to 1 year from the date of posting and a paper copy of the material can be requested at any time during this period.

Propel Holdings Inc. has elected to utilize notice-and-access and provide you with the following information: Meeting Date and Time: June 21, 2023 at 1:00 p.m. (EST) - Meeting Location: Virtual: https://virtual meetings.tsxtrust.com/1517

Meeting materials are available electronically at www.sedar.com and also on https://docs.tsxtrust.com/2302.

If you wish to receive a paper copy of the Meeting materials or have questions about notice-and-access please call 1-866-6005869 or email [email protected]. In order to receive a paper copy in time to vote before the meeting, your request should be received by June 12, 2023.

Please follow the instructions accompanying the Voting Instruction Form you receive with respect to returning it.

Disclosure regarding matters to be voted on may be found in the following Sections of the Information Circular.

  1. Election of Directors 2. Appointment of Independent Auditors

You should review the Management Information Circular before voting.

www.tsxtrust.com VANCOUVER CALGARY TORONTO MONTRÉAL

(Detach and Retain top for your records)   Propel Holdings Inc. Request for Financial Statements (“Company”) 2023 In accordance with National Instrument 51-102 – Continuous Disclosure Obligations, registered and beneficial security holders may elect annually to receive a copy of our annual financial statements and corresponding management discussion and analysis (“MD&A”) or interim financial statements and the corresponding MD&A, or both. IF YOU WISH TO RECEIVE THESE DOCUMENTS BY MAIL, PLEASE Rather than receiving the financial statements by mail, you may choose to view these DETACH THIS PORTION AND RETURN THIS COMPLETED FORM TO : documents on the SEDAR website at www.sedar.com.

TSX Trust Company I HEREBY CERTIFY that I am a registered and/or beneficial holder of the Company, and as such, 301 - 100 Adelaide Street West request that my name be placed on the Company’s Mailing List in respect to its annual and/or interim Toronto ON M5H 4H1 financial statements and the corresponding MD&A for the current financial year. Or by fax to: 416-595-9593 Please send me:  Annual Financial Statements with MD&AInterim Financial Statements with MD&A

FIRST NAME ADDRESS PROVINCE/STATE POSTAL/ZIP CODE

LAST NAME

CITY

COUNTRY

Signature of Security holder DATE (MM/DD/YYYY)