Star Navigation Systems Group Ltd C.SNA

AGM may 9th 2024

[Pgstock24]

1. to consider, and if deemed advisable, to pass with or without variation, a special resolution, the form of which is set forth in the management information circular of the Corporation dated April 2, 2024 (the "Circular") for the purposes of (i) authorizing and empowering the board of directors of the Corporation (the "Board") to amend the articles of the Corporation to effect a consolidation (the "Consolidation") of all of the issued and outstanding common shares of the Corporation (the "Common Shares") such that the trading price of the post-Consolidation Common Shares will be between $0.20 and $0.40 per post- Consolidation Common Share (the "Post-Consolidation Share Price Range"), and (ii) authorizing and empowering the Board to determine the final Consolidation ratio (the "Consolidation Ratio"), provided that such Consolidation Ratio results in the trading price of the post-Consolidation Common Shares falling within the Post-Consolidation Share Price Range;