Yukon Metals Corp. — Proxy Solicitation & Information Statement 2026

Jan 8, 2026

YUKON METALS CORP.

NOTICE OF ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the annual general meeting (the "Meeting") of the shareholders of YUKON METALS CORP. (the "Company") will be held at the offices of Cassels Brock & Blackwell LLP, Suite 2200, 885 West Georgia Street, Vancouver, BC on Tuesday, February 10 2026, at 10:00 a.m. (Vancouver time) for the following purposes:

1. to receive the audited consolidated financial statements of the Company for the four month transition year ended December 31, 2024, together with the auditor's report thereon, and the audited consolidated financial statements of the Company for the financial year ended August 31, 2024, together with the auditor's report thereon;
2. to elect the directors of the Company for the ensuing year;
3. to appoint Crowe MacKay LLP, Chartered Professional Accountants, as auditor of the Company for the ensuing year, and to authorize the directors to fix their remuneration; and
4. to transact such further or other business as may properly come before the Meeting.

Only registered shareholders and duly appointed proxyholders will be able to vote in real time at the Meeting. Instructions will be provided as to how shareholders entitled to vote at the Meeting may participate and vote at the Meeting.

Registered shareholders and duly appointed proxyholders will be able to attend, ask questions and vote at the Meeting. Non-registered shareholders (being shareholders who beneficially own shares that are registered in the name of an intermediary such as a bank, trust company, securities broker or other nominee, or in the name of a depository of which the intermediary is a participant) who have not duly appointed themselves as proxyholder will not be able to attend the Meeting.

The specific details of the foregoing matters to be put before the Meeting, as well as further information with respect to voting by proxy and detailed instructions about how to participate in the Meeting are set forth in the management information circular which accompanies, and is deemed to form a part of, this notice of meeting.

Registered shareholders are requested to complete, sign, date and return the enclosed form of proxy either in the addressed envelope enclosed by mail to Endeavor Trust Corporation, Attn: Proxy Department, 702 – 777 Hornby Street, Vancouver, BC, V6Z 1S4 or by fax to 604-559-8908. Registered shareholders can email votes to proxy@endeavortrust.com, and online voting instructions are as listed on the form of proxy or the voting instruction form, respectively. In each case, proxies must be received not later than 10:00 a.m. (Vancouver time) on February 6, 2026, or at least 48 hours (excluding Saturdays and holidays), before the time for holding the Meeting or any adjournment thereof.

Non-registered shareholders who receive these materials through their broker or other intermediary are requested to follow the instructions for voting provided by their broker or intermediary, which may include the completion and delivery of a voting instruction form. If you

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are a non-registered shareholder and do not complete and return the materials in accordance with such instructions, you will not be entitled to vote at the Meeting.

A shareholder who wishes to appoint a person other than the proxyholders identified on the form of proxy or voting instruction form (including a non-registered shareholder who wishes to appoint themselves as proxyholder in order to attend and vote at the Meeting) must carefully follow the instructions in the management information circular and on their form of proxy or voting instruction form accompanying this notice of meeting.

The directors of the Company have fixed January 2, 2026 as the record date for the determination of shareholders who are entitled to receive notice of, and to vote at, the Meeting. Only shareholders of record of the Company as at the close of business on that date are entitled to receive notice of, and to vote at, the Meeting. The accompanying management information circular provides additional information relating to the matters to be dealt with at the Meeting and is incorporated into this notice.

Shareholders are entitled to receive notice of and to vote at the Meeting either in real time or by proxy. Those who are unable to attend the Meeting in real time are requested to read, complete, date, sign and mail the enclosed form of proxy or vote online or in accordance with the instructions set out in the proxy or voting instruction form.

DATED at Vancouver, British Columbia, this 7th day of January, 2026.

BY ORDER OF THE BOARD

"Patrick Burke"

Patrick Burke, Chairman