Pulse Oil — AGM Information 2021

Jan 25, 2021

PULSE OIL CORP.

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that the annual general meeting (the “ Meeting ”) of the holders of common shares (the “ Shareholders ”) of Pulse Oil Corp. (the “ Corporation ”) will be held at the offices of Owen Bird Law Corporation, Three Bentall Centre, 2900 – 595 Burrard Street, Vancouver, B.C., V7X 1J5, on Friday, February 12, 2021 at 1:00 p.m. (Vancouver time) for the following purposes:

1. to receive the audited financial statements of the Corporation for the fiscal year ended December 31, 2018 and December 31, 2019, together with the auditors' report thereon;

2. to fix the size of the Board of Directors of the Corporation at five (5) members;

3. to elect the board of directors to serve until the next annual meeting of the Shareholders or until their successors are duly elected or appointed;

4. to appoint Manning Elliott LLP, as auditors and to authorize the directors to fix the auditors' remuneration; and

5. to transact such other business as may properly be brought before the Meeting, or any adjournment or adjournments thereof.

Specific details of the matters proposed to be put before the Meeting are set forth in the Information Circular, which Information Circular forms a part of this notice of the Meeting.

Due to the COVID-19 public health emergency and in consideration of the health and safety of our shareholders and colleagues and the broader community, the Company asks that shareholders not attend the Meeting in person and instead requests that shareholders vote by proxy using the enclosed instrument of proxy. No management presentation will be made at the Meeting. However, if you wish to attend the Meeting in person despite this request, please contact Diane Barley (dbarley@owenbird.com) in advance so that the applicable safety protocols may be sent to you. No shareholder who is experiencing any symptoms of COVID-19, including but not limited to fever, cough or difficulty breathing, will be permitted to attend the Meeting.

The Company may take additional precautionary measures in relation to the Meeting in response to further developments with respect to the COVID-19 pandemic. In the event it is not possible or advisable to hold the Meeting in person, the Company will announce alternative arrangements for the Meeting as promptly as practicable, which may include holding the Meeting entirely by electronic, telephone or other communication facilities.

Each person who is a Shareholder of record at the close of business on January 8, 2021 (the “ Record Date ”), will be entitled to notice of, and who requests to attend and vote at, the Meeting provided that, to the extent a Shareholder as of the Record Date transfers the ownership of any of such shares after such date and the transferee of those shares establishes that the transferee owns the shares and demands, not later than ten days before the Meeting, to be included in the list of Shareholders eligible to vote at the Meeting, such transferee will be entitled to vote those shares at the Meeting.

January 15, 2021

By Order of the Board of Directors

(Signed) Garth Johnson Chief Executive Officer

Shareholders who are unable to attend the Meeting in person are requested to COMPLETE AND SIGN THE ACCOMPANYING FORM OF PROXY and forward it in the enclosed envelope to Computershare Trust Company of Canada, Proxy Dept., 100 University Avenue, 8th Floor, Toronto, Ontario, M5J 2Y1 or by facsimile within North America to 1-866-249-7775 or outside North America to 1-416-263-9524, not later than 48 hours (excluding Saturdays, Sundays and holidays) prior to the time of the Meeting, or any adjournment or adjournments thereof, as applicable, in order for such proxy to be used at the Meeting, or any adjournment or adjournments thereof.