Sagen MI Canada Inc. — Proxy Solicitation & Information Statement 2021

May 10, 2021

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN to the holders of Class A Common Shares and Class A Preferred Shares of Sagen MI Canada Inc. (the “ Company ”) that the 2021 annual meeting (the “ Meeting ”) of shareholders will be held on June 10, 2021 at 10:00 a.m. (E.T.). Registered shareholders and duly appointed proxyholders can attend the Meeting online, vote shares electronically and submit questions during the Meeting, by visiting: https://web.lumiagm.com/408242401. Please see the Management Information Circular (the “Circular”) accompanying this notice for instructions on how to attend, vote at and submit questions to the Meeting, including if you are a beneficial shareholder.

The Board of Directors of the Company have fixed April 28, 2021 as the record date for the Meeting. The purpose of the Meeting will be to deal with the following matters:

1. Receiving the consolidated financial statements of the Company for the financial year ended December 31, 2020 and the report of the auditors on such statements;

2. Electing the Board of Directors;

3. Appointing the auditors and authorizing the Board of Directors to fix their remuneration; and

4. Transacting other business that may properly come before the Meeting or any adjournments of the Meeting.

Accompanying this notice are: (i) the Circular; (ii) a voting instruction form or form of proxy to be used by holders of Class A Preferred Shares for voting on the matters to be dealt with at the Meeting; and (iii) a reply card for use by holders of Class A Preferred Shares who wish to receive the annual and/or interim financial statements of the Company.

All non-registered shareholders must provide voting instructions in the manner described in the enclosed voting instruction form and in the accompanying Circular. Your shares will not be voted without your instructions.

We urge you to read these materials carefully and cast your vote on these important matters.

DATED this 23[rd] day of April, 2021

BY ORDER OF THE BOARD OF DIRECTORS

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David Nowak

Chairman of the Board of Directors