GLOBEX MINING ENTERPRISES INC.

86-14^th Street

Rouyn-Noranda, Québec CANADA J9X 2J1

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS

TAKE NOTICE that an Annual Meeting of Shareholders (the “ Meeting ”) of GLOBEX MINING ENTERPRISES INC. (the “ Corporation ”) will be held at:

Place: DSA Corporate Services Inc. 82 Richmond Street East Toronto, Ontario M5C 1P1 Date: June 22, 2023 Time: 10:00 a.m.

The purposes of the Meeting are to:

1. Receive and consider the consolidated financial statements of the Corporation for the fiscal year ended December 31, 2022 and the auditor’s report thereon;

2. Elect directors;

3. Appoint the auditor of the Corporation and authorize the directors to fix its remuneration; and

4. Transact such other business as may properly be brought before the meeting.

Only persons registered as shareholders on the records of the Corporation as of the close of business on May 8, 2023 are entitled to receive notice of, and to vote or act at, the Meeting. No person who becomes a shareholder after that date will be entitled to vote or act at the Meeting or any adjournment thereof.

In light of ongoing public health concerns, the Corporation is requesting that shareholders not attend the Meeting in person . The Meeting will be available by way of telephone conference call (toll-free) at 1-866-365-4406 – access code 3616167, and the Corporation asks all shareholders to participate in that manner. Shareholders participating in the telephone conference call will not able to vote at the Meeting, but will be able to ask questions by submitting them via email to [email protected] at least 48 hours prior to the Meeting.

Please vote your shares prior to the Meeting by returning your proxy form or voting instruction form, voting online or using the toll-free telephone number set out on the proxy or voting instruction form . Proxies to be used at the Meeting must be deposited with the Corporation’s transfer agent, Computershare Investor Services Inc. (Attention: Proxy Department), 100 University Avenue, 8^th Floor, Toronto, Ontario M5J 2Y1, no later than 5:00 p.m. (eastern time) on June 20, 2023, or with the Secretary of the Corporation before the commencement of the Meeting or at any adjournment thereof.

DATED at Toronto, Ontario May 8, 2023

BY ORDER OF THE BOARD OF DIRECTORS

(signed) Jack Stoch President and Chief Executive Officer