Notice and Access Notification to Beneficial Shareholders

Annual Meeting of Trican Well Service Ltd.

Date

Tuesday, May 14, 2024 at 1:30 p.m. MT

Location

Viking Room

Calgary Petroleum Club

319 - 5th Avenue SW

Calgary, Alberta

You are receiving this notice as Trican Well Service Ltd. ("Trican") has elected to use the notice and access model for delivery of meeting materials to its shareholders who do not hold their common shares in their own name ("beneficial shareholders"). Under notice and access, beneficial shareholders receive a voting instruction form enabling them to appoint themselves and vote at Trican's meeting. However, instead of a paper copy of the Management Proxy Circular and Notice of Meeting (the "meeting materials"), beneficial shareholders receive this notice with information on how they may access the meeting materials electronically. Beneficial shareholders should follow the instructions below to view the meeting materials on the internet. This communication presents only an overview of the more complete meeting materials that are available to beneficial shareholders on the Internet.

MATTERS TO BE VOTED UPON AT THE MEETING

The matters to be considered at the meeting are listed below, along with the section within the Management Proxy Circular for the meeting where disclosure regarding the matter can be found.

  1. To receive and consider the consolidated financial statements of Trican for the year ended December 31, 2023, together with the auditors' report on those statements; see "Business of the Meeting - Financial Statements" in the Management Proxy Circular;
  2. To elect directors of Trican; see "Business of the Meeting - Election of Directors" in the Management Proxy Circular;
  3. To appoint auditors of Trican; see "Business of the Meeting - Appointment of Auditors" in the Management Proxy Circular;
  4. To vote, on a non-binding advisory basis, to approve Trican's approach to executive compensation; see "Business of the Meeting
    - Advisory Non-Binding Vote on Executive Compensation" and "Statement of Executive Compensation" in the Management Proxy Circular; and
  5. To transact such other business as may properly be brought before the Meeting or any adjournment thereof.

HOW TO ACCESS THE MEETING MATERIALS ONLINE

You may access the meeting materials (Notice of Meeting and Management Proxy Circular) on the Internet at: www.TricanWellService.comor under Trican's profile at www.sedarplus.ca

You are reminded to view the meeting materials before voting.

HOW TO RECEIVE A PAPER COPY

Beneficial shareholders may request a paper copy of materials by postal delivery at no cost to them by visiting www.proxyvote.com,or by calling Toll Free 1-877-907-7643 and entering the control number on the enclosed voting instruction form or if outside North America 1-303-562-9305 (English) or 1-303-562-9306 (French). Requests may be made up to one year from the date the meeting materials are filed on SEDAR+. In order to allow reasonable time to be allotted for a beneficial shareholder to receive and review a paper copy of the meeting materials in advance of the proxy deposit date and time as set out in the accompanying voting instruction form, any beneficial holder wishing to request a paper copy of the meeting materials as described above, should ensure such request is received no later than April 29, 2024. If you do request a paper copy of the meeting materials, please note that another voting instruction form will not be sent; please retain the enclosed voting instruction form for voting purposes. If you do not have a control number on the enclosed voting instruction form, please call toll free at 1-844-916-0609 (English) or 1-844-973-0593 (French) within North America or 1-303-562-9305 (English) or 1-303-562-9306 (French) if dialing from outside North America.

HOW TO VOTE

Vote by Telephone or Mail: To vote your common shares by telephone or by mail, please follow the instructions on the enclosed voting instruction form by the deadline noted.

Vote by Internet: To vote your common shares using the Internet, go to www.proxyvote.comand follow the instructions using the control number on your voting instruction form.

Vote in Person: Beneficial shareholders are not entitled, without making additional arrangements, to vote in person at the meeting. If you wish to vote in person at the meeting, please see the instructions on the enclosed voting instruction form or contact your intermediary, or broker, well in advance of the meeting to determine how you can do so.

Beneficial shareholders with questions about notice and access may contact Olympia Trust Company, in its capacity as registrar and transfer agent for Trican, Toll Free, at 1-833-684-1546.

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Disclaimer

Trican Well Service Ltd. published this content on 04 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 April 2024 14:40:05 UTC.