Reitmans Canada Limited — Proxy Solicitation & Information Statement 2025

May 22, 2025

RCL

RW&CO.

Reitmans

PENN. PENNINGTONS

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that the annual general meeting of the shareholders of Reitmans (Canada) Limited (the "Corporation") will be held at the Palace Convention Centre, 1717 Le Corbusier Blvd., Laval, Québec H7S 2K7, on Wednesday, June 18, 2025, at 11:00 a.m. (Montreal time) (the "Meeting") for the following purposes:

1. To receive and consider the audited consolidated financial statements of the Corporation for the fiscal year ended February 1, 2025 and the auditor's report thereon;
2. To elect each of the directors of the Corporation for the ensuing year;
3. To appoint KPMG LLP as auditor of the Corporation and to authorize the directors to fix its remuneration; and
4. To transact such other business as may properly come before the Meeting or any adjournment thereof.

Holders of common shares of the Corporation of record at 5:00 p.m. (Montreal time) on May 14, 2025 are entitled to receive this Notice of Annual General Meeting of Shareholders and will be entitled to vote their common shares at the Meeting.

Shareholders are reminded to review the accompanying Management Information Circular before voting.

By order of the Board of Directors

May 14, 2025

(signed) Alain Murad

Montreal, Québec

Secretary

Shareholders who are unable to attend in person are requested to date, sign and return the enclosed form of proxy in the envelope provided for that purpose in order to vote their common shares at the Meeting.