KARMA ENERGY LTD. - INTIMATION OF DATE OF ANNUAL GENERAL MEETING AND RECORD DATE / CUT-OFF DATE <BR>

<BR> 1. ANNUAL GENERAL MEETING :<BR> <BR> The 13th Annual General Meeting of the Company is scheduled to be held on December 22, 2020 at 2.00 p.m. through Video Conferencing ('VC') / Other Audio Visual Means ('OAVM'). <BR> <BR> 2. RECORD DATE & CUT OFF DATE :<BR> <BR> December 15, 2020 is declared as the record date for the purpose of Annual General Meeting. December 15, 2020 is also declared as the cut-off date for the purpose of reckoning the shareholders eligible to vote on the Resolutions proposed at the ensuing Annual General Meeting. <BR>