White Energy : EGM Notice of Meeting and Proxy

only	A S X R e l e a s e
A S X R e l e a s e
The Manager
Company Announcements Office
Australian Stock Exchange
use	EGM Notice of Meeting and Proxy

27 July 2022 - White Energy Company Limited (ASX: WEC; OTCQB: WECFF) ("White Energy" or "the Company") attaches the following documents in relation to an Extraordinary General Meeting ("EGM"):

• EGM Notice of Meeting; and personal• Proxy Form.

This release has been authorised by Brian Flannery, Managing Director, on behalf of the Board of Directors.

For Further Information Call:

Brian Flannery

Managing Director & CEO White Energy Company Limited + 61 7 3229 9035

Forward Looking Statements

This press release contains forward-looking statements that are subject to risks and uncertainties. These forward-looking

statements include information about possible or assumed future results of our business, financial condition, liquidity, results of Foroperations, plans and objectives. In some cases, you may identify forward-looking statements by words such as "may," "should,"

"plan," "intend," "potential," "continue," "believe," "expect," "predict," "anticipate" and "estimate," the negative of these words r ther comparable words. These statements are only predictions. One should not place undue reliance on these forward-looking statements. The forward-looking statements are qualified by their terms and/or important factors, many of which are outside the Company's control, involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially from the statements made. The forward-looking statements are based on the Company's beliefs, assumptions and expectations of our future performance, taking into account information currently available to the Company. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to the Company. Neither the Company nor any other person assumes responsibility for the accuracy or completeness of these statements. The Company will update the information in this press release only to the extent required under applicable securities laws. If a change occurs, the Company's business, financial condition, liquidity and results of operations may vary materially from those expressed in the aforementioned forward-looking statements.

Level 7, 167 Eagle Street BRISBANE QLD 4000	Tel [phone]		Fax [phone]
Email: [e-mail]	Web: www.whiteenergyco.com		ABN 62 071 527 083

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White Energy Company	[e-mail]
Limited	www.whiteenergyco.com

Level 5, 126 Phillip Street

Sydney NSW 2000

ABN: 62 071 527 083

White Energy Company Limited

Notice of Extraordinary General Meeting

Explanatory Statement | Proxy Form

29 August 2022

2:00PM AEST

Address

Automic Group

Level 5

126 Phillip Street

Sydney NSW 2000

and as a virtual meeting

This Notice of Meeting should be read in its entirety. If Shareholders are in doubt as to how they should vote, they should seek advice from their professional advisers prior to voting.

For personal use only

Contents

Venue and Voting Information	2
Notice of Extraordinary General Meeting - Agenda and Resolutions	5
Notice of Extraordinary General Meeting - Explanatory Statement	6
Glossary	11
Proxy Form	Attached

Important Information for Shareholders about the Company's EGM

The Company intends to conduct the Meeting as a hybrid meeting in accordance with the Company's Constitution.

Shareholders are strongly encouraged to vote by lodging a directed proxy appointing the Chair as early as possible and in any event prior to the cut-off for proxy voting as set out in the Notice (being 2:00pm AEST on 27 August 2022). Instructions for lodging proxies are included on your personalised proxy form.

Arrangements for attendance by virtual meeting, with the ability to ask questions, is outlined in the Section below, Venue and Voting Information.

In addition, the Company is happy to accept and answer questions submitted at least five business days prior to the Meeting by email to [e-mail]. The Company reserves the right to not respond to any unreasonable and/or offensive questions at its discretion.

Venue and Voting Information

The Extraordinary General Meeting of the Shareholders to which this Notice of Meeting relates will be held at 2:00pm AEST on 29 August 2022 at Automic Group, Level 5, 126 Phillip Street, Sydney NSW 2000 and as a virtual meeting.

If you are a shareholder and you wish to virtually attend the EGM (which will be broadcast as a live webinar), please pre-registerin advance for the virtual meeting here:

https://us02web.zoom.us/webinar/register/WN_uk-sqX_BRaOn-lS-CxII4Q

After registering, you will receive a confirmation containing information on how to attend the virtual meeting on the day of the EGM.

Shareholders will be able to vote (see the "Voting virtually at the Meeting" section of this Notice of Meeting below) and ask questions at the virtual meeting.

Shareholders are also encouraged to submit questions in advance of the Meeting to the Company.

The Company will also provide Shareholders with the opportunity to ask questions during the Meeting in respect to the formal items of business as well as general questions in respect to the Company and its business.

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Your vote is important

The business of the Extraordinary General Meeting affects your shareholding and your vote is important.

Voting in person

To vote in person, attend the Extraordinary General Meeting on the date and at the place set out above.

Please note that to ensure appropriate social distancing, and any specific public health orders in place at the time of the Meeting, physical attendance may need to be restricted. The Company therefore strongly encourages Shareholders to attend the Meeting virtually.

Voting virtually at the Meeting

Shareholders who wish to vote virtually on the day of the EGM will need to login to the Automic website (https://investor.automic.com.au/#/home) with their username and password.

Shareholders who do not have an account with Automic are strongly encouraged to register for an account as soon as possible and well in advance of the Meeting to avoid any delays on the day of the Meeting.

How do I create an account with Automic?

To create an account with Automic, please go to the Automic website

(https://investor.automic.com.au/#/home), click on 'register' and follow the steps. Shareholders will require their holder number (Securityholder Reference Number (SRN) or Holder Identification Number (HIN)) to create an account with Automic.

I have an account with Automic, what are the next steps?

Shareholders who have an existing account with Automic (Note: with a username and password) are advised to take the following steps to attend and vote virtually on the day of the EGM:

1. Login to the Automic website (https://investor.automic.com.au/#/home)using your username and password.
2. (Registration on the day) If registration for the virtual meeting is open, click on 'Meeting open for registration' and follow the steps.
3. (Live voting on the day) If live voting for the virtual meeting is open, click on 'Meeting open for voting' and follow the steps.

For further information on the live voting process please see the Registration and Voting Guide at https://www.automicgroup.com.au/virtual-AGMs/

Voting by proxy

To vote by proxy, please use one of the following methods:

Online Lodge the Proxy Form online at https://investor.automic.com.au/#/loginsahby following the instructions: Login to the Automic website using the holding details as shown on the Proxy Form. Click on 'View Meetings' - 'Vote'. To use the online lodgement facility, Shareholders will need their holder number (Securityholder Reference Number (SRN) or Holder Identification Number (HIN)) as shown on the front of the Proxy Form.

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For further information on the online proxy lodgement process please see the Online Proxy Lodgement Guide at https://www.automicgroup.com.au/virtual- agms/

By postAutomic, GPO Box 5193, Sydney NSW 2001

By handAutomic, Level 5, 126 Phillip Street, Sydney NSW 2000

Your Proxy instruction must be received not later than 48 hours before the commencement of the Meeting.

Proxy Forms received later than this time will be invalid.

Power of Attorney

If the proxy form is signed under a power of attorney on behalf of a shareholder, then the attorney must make sure that either the original power of attorney or a certified copy is sent with the proxy form, unless the power of attorney has already provided it to the Share Registry.

Corporate Representatives

If a representative of a corporate shareholder or a corporate proxy will be attending the Meeting, the representative should bring to the Meeting adequate evidence of their appointment, unless this has previously been provided to the Share Registry.

Asking Questions

We encourage you to submit questions in advance of the Meeting on any matter that may be relevant to the Meeting. You can do this by sending your question to the Company Secretary by email to [e-mail].

To allow time to collate questions and prepare answers, you must submit any questions by 2:00pm (Sydney time) on 22 August 2022.

Questions will be collated and, during the Meeting, the Chair of the Meeting will seek to address as many of the more frequently raised topics as possible. However, there may not be sufficient time available at the Meeting to address all topics raised. Please note that individual responses will not be sent to shareholders.

Shareholders and proxy holders who attend the Meeting virtually will also have the ability to listen to the discussion at the Meeting and ask questions during the Meeting via the online meeting platform.

Technical difficulties

Technical difficulties may arise during the course of the Extraordinary General Meeting. The Chair has discretion as to whether and how the Meeting should proceed in the event that a technical difficulty arises. In exercising his discretion, the Chair will have regard to the number of Shareholders impacted and the extent to which participation in the business of the Meeting is affected. Where he considers it appropriate, the Chair may continue to hold the Meeting and transact business, including conducting a poll and voting in accordance with valid proxy instructions. For this reason, Shareholders are encouraged to lodge a proxy not later than 48 hours before the commencement of the Meeting.

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