Targa Exploration Corp. — AGM Information 2023

Nov 10, 2023

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NOTICE AND ACCESS NOTIFICATION AND

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that an annual general meeting (the “ Meeting ”) of holders of common shares (the “ Common Shares ”) of Targa Exploration Corp. (“ Targa ” or the “ Company ”) will be held at Suite 1723, 595 Burrard Street, Vancouver, British Columbia on Monday, December 11, 2023, at 11:00 a.m. (PST).

At the Meeting, Shareholders will be asked to:

1. fix the number of directors of the Company at five (5) persons;

2. elect five (5) directors of the Company for the ensuing year;

3. appoint DeVisser Gray LLP as the Company’s auditor for the ensuing year and authorize the directors to determine the remuneration to be paid to the auditor;

4. ratify and confirm the Company’s stock option plan, as more particularly described in the accompanying information circular; and

5. transact such other business as may properly be put before the Meeting.

At the Meeting, Shareholders will also receive and consider the audited financial statements of the Company for the financial year ended March 31, 2023, together with the auditors’ report thereon.

The Information Circular and the appendices thereto are deemed to form part of this Notice of Meeting.

WEBSITES WHERE MEETING MATERIALS ARE POSTED:

Meeting materials can be viewed online under the Company’s profile at www.sedarplus.ca and also at https://targaexploration.com/investors/annual-general-meeting/.

*Shareholders are reminded to review the information circular prior to voting*

HOW TO OBTAIN PAPER COPIES OF THE INFORMATION CIRCULAR

The Company is providing paper copies of its Information Circular only to those registered shareholders and beneficial shareholders that have previously requested to receive paper materials.

Shareholders may request paper copies of the Information Circular and other meeting materials, including the audited consolidated financial statements of the Company for the year ended March 31, 2023, and the report of the auditors thereon and related Management’s Discussion and Analysis, by first class mail, courier or the equivalent at no cost to the shareholder. Requests by email to jen@inventacapital.ca or by calling toll-free at 604-355-0303. Requests may be made up to one year from the date the Information Circular was filed on SEDAR+.

For Shareholders who wish to receive paper copies of the Information Circular in advance of the voting deadline, requests must be received no later than December 1, 2023. The Information Circular will be sent to such Shareholders within three business days of their request if such requests are made before the Meeting. Following the Meeting, the Information Circular will be sent to such Shareholders within ten days of their request. Requests must be made by email to jen@inventacapital.ca or by calling toll-free at 604-355-0303.

VOTING

PLEASE NOTE - YOU CANNOT VOTE BY RETURNING THIS NOTICE . To vote your securities, you must vote using the method set out in the enclosed voting instruction form or proxy.

Registered Holders are asked to return their proxies using the following methods by the proxy deposit date noted on your proxy, which is by 11:00 a.m. PST on Thursday, December 7, 2023:

Internet : Go to https://login.odysseytrust.com/pxlogin and follow the instructions.

Mail : Complete the form of proxy or any other proper form of proxy, sign it and mail it to:

Odyssey Trust Company 350 – 409 Granville Street Vancouver, BC V6C 1T2

Beneficial Holders are asked to return their voting instructions using the following methods at least one business day in advance of the proxy deposit date noted on your voting instruction form:

Internet : Go to https://login.odysseytrust.com/pxlogin and follow the instructions.

Mail : Complete the voting instruction form, sign it and mail it in the envelope provided.

If you are a non-registered beneficial shareholder , a voting information form (also known as a “ VIF ”), instead of a Proxy Instrument, may be enclosed. You must follow the instructions provided by your intermediary in order to vote your shares.

DATED at Vancouver, British Columbia, on October 27, 2023.

BY ORDER OF THE BOARD OF DIRECTORS

“ Cameron Tymstra ”

Cameron Tymstra Chief Executive Officer and President