VVC Exploration Corporation — AGM Information 2021

Jul 15, 2021

VVC EXPLORATION CORPORATION

2369 Kingston Road, PO Box 28059 Terry Town, Scarborough, ON M1N 4E7 Telephone: (416) 619-5304

NOTICE OF ANNUAL GENERAL AND SPECIAL MEETING

NOTICE IS HEREBY GIVEN that an annual general and special meeting (the “ Meeting ”) of shareholders of VVC EXPLORATION CORPORATION (“ VVC ” or the “ Company ”) will be held on Friday, August 19, 2021 at 10:00 a.m. (Eastern Time) through video conferencing.

The purposes of the Meeting are:

• a) To receive and consider the financial statements of the Company for the fiscal year ended January 31, 2020, together with the auditors’ report thereon;

• b) To elect directors of the Company for the ensuing year;

• c) To appoint MNP LLP, Chartered Accountants, as auditors of the Company for the ensuing year and authorize the directors to fix their remuneration; and

• d) To transact such other business as may properly be brought before the Meeting.

In order to mitigate the health and safety risks due to the Covid Pandemic, we decided to hold the Meeting this year as a virtual-only meeting, which will be conducted via video conferencing. You will have the opportunity to participate in the Meeting and ask questions, which we strongly encourage you to do so. Those wishing to attend the virtual AGM must register at: https://us02web.zoom.us/meeting/register/tZItcOGgrz0sHtJe5XiJgMcb8eiLpt5exO_P.

Whether or not you plan to participate in the meeting, we urge you to vote and submit your voting instruction or proxy form in advance of the meeting, in accordance to the procedures set out in the section of the Circular entitled “Voting Process – Registered Shareholders” and “Voting Process – Non-Registered Shareholders”. No In-Person voting will be allowed at the Meeting, only Proxy voting.

As a shareholder of the Company, it is very important that you read the management information circular of the Company dated July 17, 2020 (the "Circular") and other Meeting materials carefully. They contain important information with respect to voting your Shares and attending and participating at the Meeting. As permitted by Canadian securities regulators, the Company is using Notice and Access to deliver the Circular to shareholders. This means that the Circular, as well as the audited annual consolidated financial statements of the Company, are available to Shareholders online at www.vvcexpl.com/shareholder-meeting, and/or on SEDAR at www.sedar.com. Notice and Access substantially reduces the Company's printing and mailing costs and is environmentally friendly as it reduces paper and energy consumption. Shareholders will still receive a form of proxy or a voting instruction form in the mail so they can vote their shares and will receive a notice with information about how they can access the Circular electronically and how to request a paper copy.

The record date for determination of the shareholders entitled to receive notice of and to vote at the Meeting is July 7, 2021 (the “ Record Date ”). Shareholders whose names have been entered in the registers of the Company as at the close of business on the Record Date will be entitled to receive notice of and vote by proxy.

Voting rights attached to the Shares represented by the proxy form to be mailed or submitted online will be voted in accordance with the instructions indicated thereon. If no instructions are given, the voting rights attached to such Shares will be exercised by the proxyholder(s) designated in the form of proxy and, if the proxyholder is one of the Management Proxyholders, will be voted IN FAVOUR of all the following matters: (i) the election of the proposed directors, and (ii) the appointment of the Company’s auditors for the ensuing year and the directors’ authorization to fix their remuneration.

If you are a non-registered shareholder, please follow the instructions provided by your broker or other intermediary to vote your Shares (see the section of the Circular entitled “Voting Process – Non-Registered Shareholders”). A NonRegistered Shareholder not having received a proxy form or a voting instruction form, must contact his broker as soon as possible before the Meeting.

DATED at Toronto, Ontario, the 7th day of July, 2021.

BY ORDER OF THE BOARD

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Michel Lafrance Secretary-Treasurer

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