Shellron Capital Ltd — AGM Information 2024

Oct 3, 2024

SHELLRON CAPITAL LTD. 3082 Spencer Place West Vancouver, B.C. V7V 3C7

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

Notice is hereby given that an annual general meeting (the “Meeting” ) of the holders of common shares (the “ Shareholders ”) of Shellron Capital Ltd. (the “Company” ) will be virtually held via Teams on October 30, 2024 at 01:00 p.m. (Vancouver time), for the following purposes:

1. to receive and consider the financial statements of the Company for the year ended April 30, 2024 and the report of the auditors thereon;

2. to set the size of the board of directors;

3. to elect the directors of the Company for the ensuing year;

4. to appoint Saturna Group Chartered Professional Accountants LLP, as the auditors of the Company for the ensuing year and to authorize the directors to fix their remuneration;

5. to consider, and if deemed appropriate pass a resolution, ratifying and approving the stock option plan of the Company, as more fully described in the management information circular accompanying this notice of Meeting; and

6. to transact such other business as may properly come before the Meeting or any adjournments or postponements thereof.

The nature of the business to be transacted at the Meeting is described in further detail in the accompanying management information circular (the “ Circular ”).

The record date for the determination of Shareholders entitled to receive notice of, and to vote at, the Meeting or any adjournments or postponements thereof is September 25, 2024 (the “ Record Date ”). Shareholders whose names have been entered in the register of shareholders at the close of business on the Record Date will be entitled to receive notice of, and to vote, at the Meeting or any adjournments or postponements thereof.

The Company has determined to hold the Meeting virtually, as permitted by the Business Corporations Act (British Columbia). As a result, there will be no in person attendance at the Meeting, which will be held electronically. Shareholders are urged to vote on the matters before the Meeting by proxy and to listen to the Meeting online. Registered shareholders or proxyholders representing registered shareholders participating in the Meeting virtually will be considered to be present in person at the Meeting for the purposes of determining quorum. Non-registered shareholders who have not duly appointed themselves as a proxyholder will be able to attend the Meeting as a guest, but will not be able to vote at the Meeting.

All shareholders are entitled to attend and vote at the Meeting virtually in person or by proxy. The Board of Directors (the “ Board ”) requests that all shareholders who will not be attending the Meeting read, date and sign the accompanying proxy and deliver it to Computershare (the “ Transfer Agent ”). If a shareholder does not deliver a proxy to the Transfer Agent at 510 Burrard Street, Vancouver, BC, V6C 3B9, Canada, by 1:00 p.m. (Pacific Time) on Monday, October 28, 2024 (or before 48 hours, excluding Saturdays, Sundays and holidays before any adjournment of the meeting at which the proxy is to be used) then the shareholder will not be entitled to vote at the Meeting by proxy. Only shareholders of record at the close of business on September 25, 2024 will be entitled to vote at the Meeting.

Shareholders will have two options to access the Meeting, by telephone or by using Microsoft Teams, which requires internet connectivity. Registered shareholders wishing to vote and any shareholders wishing to view materials that may be presented by the Company’s management are required to join the meeting via Microsoft Teams; others may simply listen to the Meeting by dialing in by telephone. Registered shareholders participating via telephone will not be able to vote at the Meeting as the Company’s scrutineer must take steps to verify the identity of registered shareholders using the video features.

To dial into the Meeting by telephone, shareholders will dial:

+1 647-749-0214 if dialing from Canada.

If dialing from outside of Canada, shareholders will refer to the link below to find alternative phone numbers:

https://tinyurl.com/SHLL24NUMBERS

When prompted to enter Meeting access codes, shareholders will use the following information to join the Meeting:

Phone conference ID: 701 597 043# Meeting ID: 276 811 880 630 Passcode: rqU3uJ

To join the Meeting using Microsoft Teams, shareholders will have the option of downloading and installing the application onto their computer or smartphone, or simply using Microsoft Teams on a browner by clicking on the link or typing in the URL below:

https://tinyurl.com/SHLL24AGM

When prompted to enter the Meeting access codes, shareholders will use the following information to join the Meeting:

Meeting ID: 276 811 880 630 Passcode: rqU3uJ

DATED this 23[rd] day of September, 2024.

BY ORDER OF THE BOARD OF

DIRECTORS

“ Robert Giustra ” Robert Giustra Director