Global Energy Ventures : General Meeting of Shareholders

GENERAL MEETING OF SHAREHOLDER

Notice is hereby given that a General Meeting (Meeting) of shareholders of Global Energy Ventures Ltd (ACN 109 213 470) (Company) will be held online (only) at 10.00am (WST) on Thursday, 5 May 2022.

Please find attached:

• • Shareholder letter, regarding the Meeting material, which has been sent by mail to those shareholders who have not elected to receive notices by email;

• • Notice of Meeting; and

• • Sample Proxy Form. A personalised proxy form will be attached to the Shareholder letter.

Details on how to participate and vote in the Meeting are included in the Notice of Meeting.

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This ASX announcement has been authorised by Norman Marshall, Company Secretary.

FOR FURTHER INFORMATION PLEASE CONTACT:

Norman Marshall

Company Secretary

E:[e-mail]

ABOUT GLOBAL ENERGY VENTURES LTD

Global Energy Ventures (GEV) is making the future of green hydrogen (H2) accessible through the simplicity and efficiency of compressed hydrogen. Our mission is to become a leading developer of integrated green H2 projects GEV's business model is to Build, Own and Operate integrated green H2 projects that includes production, storage and marine transport of green H2. In 2020, GEV introduced the world's first large-scale Compressed Hydrogen ship (GH2 Carrier) and positioned the company as an early mover to fast track the marine transport of H2. The engineering and design of the GH2 Carrier has benefited from the Company's long-standing history in developing compressed gas carriers through to final construction approval.

GEV has demonstrated that the simplicity and energy efficiency of its shipping solution is ideally suited for exporting hydrogen over mid-range distances providing a competitive levelised cost of hydrogen (LCOH) and eliminating the capital and energy intensive process steps, and technical barriers of other transport alternatives.

For more details on the Company please visitwww.gev.com

Global Energy Ventures Ltd | ABN 53 109 213 470 |www.gev.com

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GLOBAL ENERGY VENTURES LTD

ACN 109 213 470

NOTICE OF GENERAL MEETING

10.00am (WST) on Thursday, 5 May 2022

The Company will be holding the General Meeting virtually online (only). Shareholders who wish to vote, but who do not wish to participate in the virtual General Meeting, are encouraged to vote by appointing the Chair as their proxy

(and where desired, directing the Chair how to vote)

Please read this document carefully.

You should read this document in its entirety before deciding whether or not to vote for or against any Resolution at the General Meeting.

If you are in doubt as to how you should vote, you should seek advice from your professional advisers prior to voting.

If you are unable to attend the Meeting please complete and return your proxy form in accordance with the specified instructions.

Notice is hereby given that a General Meeting of Shareholders of Global Energy Ventures Ltd (ACN 109 213 470) will be held virtually (online only) at 10.00am (WST) on Thursday, 5 May 2022.

IMPORTANT NOTICE REGARDING ATTENDANCE AND THE VIRTUAL MEETING

The Company has taken steps to ensure all Shareholders can participate in the Meeting virtually (online) while maintaining their health and safety, and abiding by all applicable requirements and guidelines regarding COVID-19.

Shareholders will not be able to attend the Meeting in person and attendance in person is not required in order to cast votes or to participate in the Meeting. Accordingly, the Company strongly encourages all Shareholders who wish to vote to do so by:

• (1) participating in the virtual Meeting and casting a vote online (see below); or

• (2) appointing the Chair as their proxy by completing and returning the proxy form (and where desired, directing the Chair how to vote on a Resolution).

VIRTUAL MEETING PARTICIPATION

• (1) Shareholders will be able to attend and participate in the Meeting via an online virtual platform, which will include a live webcast and will enable Shareholders to watch and participate in the Meeting without being physically present.

• (2) Amongst other functions, the virtual platform will allow Shareholders to watch the Meeting, ask questions in relation to the business of the Meeting (at times specified by the Chair) and vote in real time. In addition, the Company will answer questions submitted by Shareholders in advance in accordance with the guidelines provided below under the heading "How to Ask Questions".

• (3) Securityholders must use the Computershare Meeting Platform to attend and participate in the Meeting.

  To register and access the Meeting, you can log in by entering the following URL on your computer, tablet or smartphone:

  https://meetnow.global/M7G6YHF

  Online registration will open 30 minutes before the Meeting.

  To make the registration process easier, please have your SRN/HIN and registered postcode or country code ready. Proxyholders will need to contact Computershare prior to the Meeting to obtain their login details.

  To participate in the Meeting online follow the instructions below.

  • a. Click on 'Join Meeting Now'.

  • b. Enter your SRN/HIN. Proxyholders will need to contact Computershare on [phone] prior to the Meetings to obtain their login details.

  • c. Enter your postcode registered to your holding if you are an Australian securityholder. If you are an overseas securityholder select the country of your registered holding from the drop down list.

  • d. Accept the Terms and Conditions and 'Click Continue'.

  You can view the Meeting live, ask questions verbally or via a live text facility and cast votes at the appropriate times while the Meeting is in progress

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