Searchlight Innovations Inc. — Proxy Solicitation & Information Statement 2025

May 1, 2025

SEARCHLIGHT INNOVATIONS INC.
Suite 2600, 1066 West Hastings Street
Vancouver, BC V6E 3X1

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Shareholders of Searchlight Innovations Inc. (the "Company") will be held at Suite 2600, 1066 West Hastings Street, Vancouver, British Columbia, Canada V6E 3X1 on Thursday, the 22nd day of May, 2025 at 12:00 p.m. (Vancouver time) (the "Meeting"), for the following purposes:

1. to receive the audited financial statements of the Company for the fiscal year ended December 31, 2024 (with comparative statements relating to the preceding fiscal period) together with the report of the auditors therein;
2. to fix the number of directors at three (3);
3. to elect the directors for the ensuing year;
4. to appoint Davidson & Company LLP, Chartered Professional Accountants, as auditors for the ensuing year and to authorize the directors of the Company to fix their remuneration;
5. to consider and, if thought fit, to pass an ordinary resolution providing for the required annual re-approval of the Company's rolling stock option plan and reserving for the grant of options of up to 10% of the issued and outstanding shares of the Company at the time of any stock option grant, as more particularly described in the accompanying information circular; and
6. to transact such further or other business as may properly come before the Meeting or any adjournment or adjournments thereof.

Accompanying this Notice is the Information Circular, a form of Proxy and a Financial Statement Request Form. The accompanying Information Circular provides information relating to the matters to be addressed at the Meeting and is incorporated into this Notice.

Shareholders of the Company are entitled to vote at the Meeting either in person or by proxy. Those who are unable to attend the Meeting are requested to read the notes to the enclosed form of Proxy and then to, complete, sign and mail the enclosed form of Proxy in accordance with the instructions set out in the Proxy and in the Information Circular accompanying this Notice.

DATED at Vancouver, British Columbia, this 14th day of April, 2025.

BY ORDER OF THE BOARD

(signed) "Fayyaz Alimohamed"
Fayyaz Alimohamed
Chief Executive Officer, Chief Financial Officer,
Corporate Secretary and Director

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