Storm Resources Ltd. — AGM Information 2020

Apr 8, 2020

Storm Resources Ltd. Suite 600, 215 – 2[nd] Street S.W. Calgary, Alberta T2P 1M4

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NOTICE OF MEETING for the Annual General Meeting of the Holders of Common Shares to be held on Wednesday, May 13, 2020

NOTICE IS HEREBY GIVEN that the annual general meeting together with any and all adjournments and postponements thereof (the “ Meeting ”) of the holders (the “ Shareholders ”) of common voting shares (“ Common Shares ”) of Storm Resources Ltd. (the “ Corporation ”) will be held solely by means of remote communication via webcast at https://zoom.us/j/446730461 and teleconference at 1-855-703-8985 (Canada Toll Free), 1-888-475-4499 (U.S. Toll Free) or 1-877-853-5257 (U.S. Toll Free), Meeting ID 446730461, on Wednesday, May 13, 2020 at 3:30 p.m. (Calgary time), for the following purposes, namely:

1. to receive the financial statements of the Corporation for the year ended December 31, 2019, and the report of the auditor thereon;

2. to fix the number of directors for the ensuing year at nine;

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

4. to appoint the auditor of the Corporation for the ensuing year and to authorize the directors of the Corporation to fix their remuneration;

5. to approve a non-binding advisory resolution on the Corporation’s approach to executive compensation, as described in the management information circular dated March 31, 2020 (the “ Circular ”); and

6. to transact such other business as may properly come before the Meeting.

Only Shareholders of record of Common Shares at the close of business on April 1, 2020 (the “ Record Date ”) are entitled to notice of and to attend the Meeting and to vote thereat unless after the Record Date a holder of record transfers his or her Common Shares and the transferee upon producing properly endorsed share certificates, or otherwise establishing that he or she owns such Common Shares, requests, not later than ten days before the Meeting, that the transferee’s name be included in the list of Shareholders entitled to vote, in which case such transferee shall be entitled to vote such Common Shares at the Meeting.

Shareholders may vote at the Meeting, or they may appoint another person (who need not be a Shareholder) as their proxy to attend and vote in their place.

The Corporation has opted to use the notice-and-access rules developed by Canadian Securities Administrators to reduce the volume of paper in the materials distributed for the Meeting. Instead of receiving the Circular with the form of proxy or voting instruction form, Shareholders received a notice-andaccess notification with instructions for accessing the remaining Meeting materials online. The Circular and other relevant materials are available via the internet at www.stormresourcesltd.com, www.alliancetrust.ca/shareholders/ or on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.

The Corporation is continuously monitoring the current coronavirus (COVID-19) outbreak. In light of the rapidly evolving news and guidelines related to COVID-19, the Corporation has decided to host the Meeting solely by means of remote communication. To participate or submit questions during the Meeting, Shareholders can join by teleconference or webcast, using the link or dial-in instructions above.

The Corporation reserves the right to take any additional precautionary measures it deems appropriate in relation to the Meeting in response to further developments in respect of the COVID-19 outbreak. Changes to the Meeting date and/or means of holding the Meeting may be announced by way of press release. Shareholders are encouraged to monitor the Corporation’s website at https://www.stormresourcesltd.com/ or the Corporation’s SEDAR profile at www.sedar.com, where copies of such press releases, if any, will be posted. You are advised to check the Corporation’s website one week prior to the Meeting date for the most current information. The Corporation does not intend to prepare an amended Circular in the event of changes to the Meeting format.

All Shareholders are strongly encouraged to vote prior to the Meeting, as in-person voting at the time of the Meeting will not be possible. Shareholders are requested to either: (i) date and sign the form of proxy and return it to the Corporation’s agent, Alliance Trust Company, 1010, 407 – 2nd Street S.W., Calgary, Alberta, T2P 2Y3; or (ii) complete the form of proxy online at www.alliancetrust.ca/shareholders/, at any time prior to the close of business on the second last business day preceding the day of the Meeting. In order to be valid, proxies must be received by Alliance Trust Company on or before the close of business on the second last business day preceding the date of the Meeting.

Calgary, Alberta March 31, 2020

BY ORDER OF THE BOARD OF DIRECTORS

Per: (signed) “Brian Lavergne” Brian Lavergne President and Chief Executive Officer