ProStar TSXV: MAPS - Corporate Overview - Lytham November 2021

Contact Information:

Robert Breza | 602-889-9650 | breza@lythampartners.com Robert Blum | 602‐889‐9700 | blum@lythampartners.com PHOENIX ● NEW YORK ● LOS ANGELES

PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

Company Statistics as of 11/26/21 Currency in $USD

Stock Price: 52 Week Range: Market Capitalization: Avg. Daily Vol. (3m): Shares Outstanding: Fiscal Year End:

$0.39 $0.09-$1.00 $41.2M 90,961 105.6M December

“I Know Where You’re Hiding” - New Infrastructure & Buildings Require New Technology

Financial Summary Currency in $USD

REVENUE Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 YTD EPS Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 YTD

2021A $188,278 $180,901 $179,165 -$548,344 2021A ($0.01) ($0.02) ($0.02) -($0.05)

Company Description ProStar Holdings, Inc. develops geospatial intelligence software utilizing a patented cloud and mobile mapping software application, called PointMan, that captures, records, and displays the precise location and associated metadata to the critical surface and subsurface infrastructure. ProStar, headquartered in Grand Junction, Colorado, went public in early 2021.

Today, in the United States, we spend approximately $10 billion annually to locate 35 million miles of underground pipelines and utilities. Despite the best intentions, damage to the U.S. economy is estimated at $30 billion annually, as underground utility assets get seriously damaged from construction activity. Damage to underground utility assets causes electrical and communication services to get lost, water services to get disrupted, and gaseous substances to get released into the environment. In worst-case scenarios, there are serious injuries or loss of life.

ProStar’s flagship product, PointMan, is designed to significantly improve the workflow processes and business practices associated with the lifecycle management of critical infrastructure assets, both above and below the Earth’s surface. PointMan is offered as a Software-as-a-Service (SaaS) cloud and mobile platform. PointMan seamlessly connects the field with the office and provides the ability to precisely capture, record, display, and manage critical infrastructure, including roads, railways, pipelines, and utilities. Some of the largest entities in North America have adopted ProStar’s solutions, including Fortune 500 construction firms, Subsurface Utilities Engineering (SUE) firms, utility owners, municipalities, and government agencies. ProStar has strategic business partnerships with the world’s leading geospatial technology providers, data collection equipment manufacturers, and their dealer networks, including Trimble® Juniper® Systems, Bad Elf, Vivax-Metrotech, Radiodetection®, and Subsite® Electronics.

The Company has made a significant investment in creating a vast intellectual property portfolio which includes 20 issued patents in the United States and Canada. The patents protect the methods and systems required to digitally capture, record, organize, manage, distribute, and display the precise location of critical infrastructure, including buried utilities and pipelines.

ProStar’s executive management team has extensive experience managing early stage and Fortune 500 technology companies in private and public sectors. The leadership team includes Page Tucker, who has over 25 years experience in developing data management and GIS solutions; Vasa Dasan, the former CTO of Sun Microsystems; Jason Martschuck, Application Sales Manager for Oracle’s Construction & Engineering Global Business Units; and Matthew Breman, a prior executive at Disney.

In a company presentation released by the company in October 2021, they are forecasting Annual Recurring Revenues (ARR) of approximately CAD $1.3 million in 2021, growing to CAD $4.7 million in 2022 (see page 12).

THIS IS NOT A RESEARCH REPORT. ALL INFORMATION IS DERIVED FROM COMPANY PRESS RELEASES, SEC DOCUMENTS OR OTHER PUBLICLY AVAILABLE SOURCES.

Lytham Partners, LLC (“Lytham”) provides a range of investor relations services to its clients. The particular services provided vary by client and may change from time to time. Lytham’s services are designed to increase client companies' exposure to, and awareness by, broker/dealers and other members of the professional investment community. Lytham is compensated for providing investor relations services by its clients. Please see the important disclosures on the last page of this report.

PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

Company Overview

Company Overview The company’s mission is to disrupt one of the oldest industries, “the construction industry.” PointMan replaces a paint can and electromagnetic (EM) location tool with a standard mobile device armed with PointMan’s intelligent precision software. The combination of the locator tool’s data, PointMan intelligence, and geospatial data is integrated with third party data sources to create an updated system of records for underground assets. PointMan works with almost all leading EM locate tool and geospatial receiver manufacturers.

The company’s cloud and mobile platform get sold as a subscription to an expanding marquee customer list, including Fortune 500 companies, government agencies, and municipalities, as well as some of the largest engineering and surveying firms in the United States and Canada.

The Problem

The Problem Today’s critical infrastructure is in critical need of repair and updating, and no one knows exactly where all of it is. This infrastructure is becoming dilapidated and in serious need of repair and replacement. The White House is preparing to pass a massive trillion-dollar infrastructure bill to in part overhaul and expand roads, bridges, and railways as well as water and sewer systems.

How big is the problem?

• • •

•

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$10 billion is spent every year to locate underground infrastructure before construction.

There are 35 million miles of underground pipelines and utilities, with most of them ge�ng put into the ground between 50 to 100 years ago.

500 thousand times a year, utilities and pipelines are hit or damaged during construction, up 16% y/y, which is a growing problem. When a utility or pipeline gets hit, it can cause serious issues, like flooding of either a downtown or a neighborhood. When a petroleum pipeline gets hit, dangerous gas substances can leak into our water systems, including lakes, rivers, and oceans. $30 billion is the annual estimated impact of underground damage on the U.S. economy, proving that legislation’s damage prevention efforts are not effective enough.

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PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

Yesterday’s Solution

Yesterday’s Solution Utilities are often not mapped, and if maps are available, they are in the form of design drawings or sketches, which are not generally accurate. The current method of identifying the location of buried utilities is using an EM utility locate tool and paint to mark the approximate location of where the utility is underground.

Hydrovac Excavation is a form of nondestructive excavation designed to expose buried infrastructure. Hydrovac Excavation liquefies soil. The liquified soil then gets extracted by a vacuum system into a tank mounted on a truck.

The picture below is a hole created by a Hydrovac truck which is approximately 12 inches wide, with 8 different utilities, thus centimeter precision and displayed in real-time on a mobile device is extremely helpful.

This picture shows 8 utilities stacked within approximately 12 inches.

Accuracy becomes import when a single backhoe can accidentally take out 8 utilities at once.

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PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

Current Workflow Problem

Current Workflow Problem The current workflow being conducted to identify utilities can be highly problematic. First, an employee gets sent to the job site with an EM locate tool and spray paint to locate the utilities. The locate tool can identify whether a utility is present, and sometimes it can determine the kind of utility. The dirt above utilities then gets marked with paint. Then a survey is conducted via the paint marks, and then all the data is uploaded from the job site for review.

The data then gets imported into a computer-Aided Design (CAD) System or GIS. The information then gets sent to the team members. This is a highly inefficient, time consuming, and many times inaccurate way of locating utilities.

Source: Company Presentation

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PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

The Future Workflow Solution PointMan

The Future Workflow Solution - PointMan The Company’s flagship product is PointMan, a patented and commercialized solution that captures, records, and displays the precise location of critical infrastructure, including buried utilities and pipelines. The 20 issued patents cover North America and are based on the methods and processes required to capture, record, and display the precise locations of buried utilities and pipelines.

How Does It Work? The “Holy Grail” of the Construction Industry An electromagnetic locate tool gets paired, using Bluetooth technology, to a standard mobile device with the PointMan application installed. The mobile device then gets paired with a precision GPS/GNSS receiver that will provide centimeter accuracy; this GPS/GNSS receiver is more accurate than the GPS chip embedded in your mobile device, which only provides one to three meters of accuracy. All the data gets collected in real-time and travels from the mobile device to the PointMan cloud (supported by Amazon Web Services - AWS).

When the data reaches the PointMan cloud, it runs through the company’s proprietary algorithms and gets reconfirmed in post-processing. The data is made available in a couple of seconds to whoever needs it. The company captures all the critical metadata available from the location device and the precision GPS receiver, creating a more precisely accurate “system of record.” PointMan can capture the depth of how deep it is in the ground, the currency, and the frequency indicates what type of utility, the vertical precision tells the operator the centimeter of accuracy and it tells you the number of satellites used, which on average is 9-10 and which constellations.

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PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

The Future Workflow Solution PointMan

The Future Workflow Solution - PointMan (cont.)

(cont.)

Source: Company Presentation

Customers get the best sales demo when they see the discrepancy between where they thought their utilities were and where their actual utilities are and the precise, high-quality data that PointMan provides at a click of a button.

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After the data is processed in the cloud, it can be made available to whoever needs it for quality assurance and quality control. For example, the site manager can compare the new data to their historical records to determine the variance in real-time on their mobile device. This same information is also available to anyone else that might need to view this information, including the operators in the office. They can seamlessly upload this information to their system of record and correct their current and historical information, creating tremendous value for the utility and pipeline companies. The process is simple. The customer captures data, the data goes to the PointMan Cloud, and the data comes back to the customer with precision accuracy. The data is readily available to whoever needs it in the field or at the office, almost instantaneous. Customers get the best sales demo when they see the discrepancy between where they thought their utilities were and where their actual utilities are and the precise, high-quality data that PointMan provides at a click of a button.

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PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

Commercialization Model

Commercialization Model The company has three platform solutions, all of which can be downloaded from the Apple Store and Google Play for free and work anywhere in the world.

Source: Company Website

The company seeds the market utilizing its free pricing model. The free pricing model comes with limitations, like GPS accuracy within the device likely only being within 3 to 10 feet, but allows the customer to download it, get acclimated to it, and recognize the value that PointMan provides.

PointMan Plus costs $295 a year and provides centimeter accuracy when paired with a precision GPS/GNSS receiver.

However, PointMan Plus has storage limitations to the device only, so it likely will not satisfy most jobs because you are collecting a lot of data. The ultimate goal is to slowly migrate the customer to PointMan Pro for $2,495 per app.

PointMan Pro provides access to the full cloud and mobile enterprise applications that can also integrate into thirdparty applications. Thus, PointMan Pro allows small business to operate their entire business utilizing PointMan.

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PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

Customers/ Clients

Customers/Clients Some of the largest entities in North America have adopted ProStar’s solutions, including Fortune 500 construction firms, Subsurface Utilities Engineering (SUE) firms, utility owners, government agencies, and municipalities.

Source: Company Website

Case Study – Kiewit

Kiewit is one of the largest infrastructure companies in the world and one of ProStar’s first and largest customers. One of the first projects ProStar’s solution got used on was the I-70 expansion, an 11 mile stretch of interstate through Denver, Colorado, estimated to cost $2 billion and take 5 years.

Industry observers thought it would be one of the most complex projects based on the number of utilities and number of pipelines that would have to get relocated along the I-70 corridor. After one year, ProStar helped reduce utility and pipeline strikes by over 97%, resulting in millions and millions of dollars of cost savings. Cost savings is based on the cost of repair and the downtime of work crews not working. This does not include cost of injury or death, project delays or equipment delays or damage. Since then, the company has signed multiple divisions within Kiewit, recently being adopted within the water, power, and light rail that is under a master services agreement.

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PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

Customers/ Clients

Customers/Clients (cont.)

(cont.)

Case Study – Colorado Department of Transportation (CDOT) The Colorado Department of Transportation was also an early adopter, alongside the I-70 project. Fast forward two years to January 14, 2021, the Colorado Department of Transportation mandated into law, PointMan software.

Thus, by law, every utility, pipeline, construction, engineering, or surveying firm when interacting with a CDOT right of way, must use PointMan software to identify the precise location of pipelines or utilities and then provide that information back to the state. Although the companies that provide services to the state have to use ProStar software, when using it, the companies recognize how the software could significantly improve their business operation, creating a forced viral effect. One of these companies was KCI/Kramer, one of the largest engineering surveying firms in the United States that does billion-dollar projects.

Case Study – Aberdeen NJ – State Mandates On October 7, 2021, Aberdeen, New Jersey, decided to purchase PointMan. PointMan is used as its system of record (SOR) to meet the New Jersey Department of Environmental Protection’s (NJ EPA) mandate for Mapping and Digital Data Standards to show where their water systems are located and do so digitally.

“ProStar’s solution was chosen for many key reasons including the fact it is affordable, easy to use, and provides exactly what we need to meet the NJDEP mandate for precision and collection parameters standards,” stated Sandra Caceres Director of Public Works for the Township of Aberdeen, New Jersey. “There is nothing on the market even remotely close to PointMan, and I believe that there will be a larger number of other small municipalities in the U.S. that are also looking for a comprehensive mapping solution that is affordable and easy to implement and manage and in particular here in New Jersey based on state mandates.”

More and more U.S. states are starting to mandate that municipalities digitally report the location of their aging water and sewage infrastructure. Most smaller municipalities still use paper maps, and as more regulation is passed for determining required accuracy levels and data collection standards, municipalities will be digitize their system of records. the Department of Environmental Protection Agency (EPA) enforces these. However, ProStar can help them deliver a digital asset system.

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PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

Customers/ Clients

Customers/Clients (cont.)

(cont.)

Case Study – First Municipality – New Hampton ProStar recently signed its first municipality, New Hampton, IA. Management believes this represents a significant growth opportunity. Today, there are over 36,000 municipalities in the United States, with a population under 20,000. The majority of those municipalities will not have a system of record for managing their assets above or below ground. Instead, they will still be using paper, fax machines, and vertical file drawers.

Imagine if ProStar got 10% of that total addressable market, with 4 subscription applications per municipality totaling $10,000 a year, equating to $38 million in reoccurring revenue every year.

Which management believes is possible given no competition at the low-end of the market and attractive price point.

Case Study - Canadian Expansion – T2 Utility Engineers ProStar signed a company called T2 Utility Engineers, one of the largest subsurface utility engineering firms in Canada, with over 20 offices in the United States. In addition, ProStar also recently signed, Zayo, its first utility company and one of the largest fiberoptic companies in North America, serving over 400 markets, with additional operations in the UK. Estimations show that we are pu�ng over 300,000 miles of just fiber optic into the ground each year.

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PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

Industry PartnershipTrimble

Industry Partnership - Trimble Last year, ProStar entered into discussions with Trimble, one of the largest geospatial technology companies and the largest producer and manufacturers of GPS and surveying equipment in the world. When Trimble discovered that PointMan provided centimeter accuracy utilizing ProStar’s algorithms and processes, ProStar was asked to enter into Trimble’s GIS Business Partnership Program. The partnership includes access to the software development kit (SDK) to Trimble’s GPS/GNSS receivers. In December of 2020, ProStar achieved the highest level of integration into their GPS/GNSS receivers, demonstrating the value and adding credibility to ProStar. A majority of all construction companies and engineering surveying firms around the world use Trimble. In addition to Trimble, PointMan integrates into most of the GPS/GNSS receivers, including Bad Elf, Juniper, Emlid, and most utility and pipeline locate tools. ProStar’s value add for hardware manufactures is simple: customers using their devices and the PointMan application can capture, record, visualize, and share precision utility and asset data in real-time, allowing businesses to significantly improve the workflow processes and business practices associated with the lifecycle management of critical infrastructure assets both above and below the Earth’s surface.

A large majority of all construction companies and engineering surveying firms around the world use Trimble.

Trimble adopted the ProStar solution, allowing PointMan to integrate seamlessly with the GPS and GNSS receivers.

Competition

Competition Esri is a privately held company with its headquarters in Redland, California. Esri is an international supplier of geographic information system software, web GIS, and geodatabase management applications. The most significant difference between the two solutions is cost, operational education, and implementation time. ProStar’s PointMan is simple, is easy to understand, has a less expensive pricing model, has limited implementation time, often only taking 1 or 2 days for a fully trained staff compared to multiple months for the competition.

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PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

Financials and Company Outlook

Financials and Company Outlook

slide presentation presented in October 2021, the company provided the following forecasted data ANNUALInpoints.

RaECompany CURRING REVENUE (ARR)

ARR Free Cash Flow EBITDA

Forecast in Canadian dollars

This slide illustrates the forecasted cash position of the Company based on the annual recurring revenue (ARR) or cash flow, versus IFRS reporting with deferred revenue.

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© 2021 ProStar Holdings Inc. All Rights Reserved.

Source: Company Presentation

TARGETED POINTMAN PRO SALES Total Sales By Year

CFP (Cashflow Positive) ProStar anticipates being cashflow positive when the company realizes 1400 PointMan user licenses sold

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© 2021 ProStar Holdings Inc. All Rights Reserved.

Source: Company Presentation

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PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

Q3 Capitalization Pre-Capital Raise

Q3 Capitalization Pre-Capital Raise

Source: Company Brochure

On March 2021, the company announced the closing of a CAD $1 million private placement. The company has received an order and agreed with a sole subscriber to complete a non-brokered private placement of $1,001,000, through the issuance of 1,430,000 units, for $0.70 per unit to a European Investment Group. Each unit consists of one common share of the company and one-half of one non-transferable common share purchase warrant. Each Warrant will entitle the holder to purchase one additional share at an exercise price of $1.00 per share for 24 months from the issue date.

On November 24, 2021 ProStar announce the closing of its previously announced brokered and non-brokered private placements for gross proceeds of $10,200,000. The brokered portion of the Offering was led by Echelon Wealth Partners Inc. and consisted of the sale of 14,375,000 units for aggregate gross proceeds of $5,750,000 at a price of $0.40 per Unit.

Each Unit consisted of one Common Share and one-half of one Common Share purchase warrant. Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.56 per Common Share for a period of 24 months from the closing date of the Offering.

Under the non-brokered portion of the Offering the Company raised gross proceeds of $4,450,000, through the sale of 11,125,000 Units at the Offering Price. The Offering was announced on October 27, 2021 and subsequently amended on November 12, 2021 and November 22, 2021 to accommodate additional demand.

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PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

Management Team

Management Team Page Tucker | CEO Page Tucker has an extensive background in technology start-ups, including development, marketing, recruiting, capital financing and executive management. Page first became known as a technology visionary in the automotive industry for combining data mining and predictive modeling with geographic information systems. Page was the founder of Impact Solutions, Inc., a Silicon Valley based company he formed to provide state-of-the-art digital mapping and customer acquisition solutions to the automotive industry. Page reorganized Impact Solutions and formed e-autobusiness, the pioneer in the development of a web-based CRM solution that provided services to well over 900 dealerships throughout the United States before being acquired. Page went on to author 13 patents based on geospatial, mobile and cloud technologies including the methods for capturing, recording and displaying the precise location of buried infrastructure and in 2014 founded ProStar®. In 2016 the Colorado Technology Association named him Entrepreneur of the Year for his efforts and innovations in the development of ProStar’s Precision Mapping Solutions®. Today, Page continues to serve as the company’s CEO and President.

Vasa Dasan | COO Vasa Dasan is a veteran of driving technical strategy and execution in cloud computing. Vasa joined ProStar from CU Boulder where he served as head of software development. Prior to that Vasa was the VP of Engineering at Symplified, a single sign-on startup acquired by RSA a division of EMC-DELL. Prior to Symplified, Vasa was the first engineering hire at Wayin, a mobile and web engagement platform founded by Scott McNealy. As CTO, Vasa built and led the team that developed Wayin’s services for iPhone, iPad and Android devices, social media applications including Facebook and Twitter, and Java backend services operating on Amazon Web Services. Vasa spent more than 15 years of his career at Sun Microsystems. He served a chief technologist for the company’s Cloud Computing Practice, and he spent more than a decade as Distinguished Engineer and CTO for Sun’s $5.1 billion SunService division. He joined Sun as a staff engineer for SunSoft and worked on Solaris Operating System. Before Sun, Vasa held engineering positions at Intergraph and Hewlett Packard. Vasa holds a BS. in Engineering Physics, a MA in Mathematics and Statistics and a MS in Computer Science from Bowling Green State University, and did his PhD work in Computer Science at Colorado State University. Vasa served as adjunct faculty at Computer Science and Engineering Management at University of Colorado at Boulder. Vasa has several patents and publications to his credit including the highly referenced US patent 5,761,662 on personalization of Web, and the Prentice Hall book, Hands-on Intranet.

Jason Martschuk | SVP of Sales Jason Martschuk brings over 20 years of Sales, Geographic Information Systems (GIS), and Project Management experience to ProStar. Jason started his career as a GIS Specialist and Project Manager at AMEC where he focused on water resources, environment, geospatial and infrastructure. After 11 years with AMEC, Jason’s in-depth industry knowledge led him to Hexagon PPM as Senior Account Executive where his responsibilities included business development and acquiring new clients. Following Jason’s success at Hexagon PPM, he was recruited by Oracle as Application Sales Manager for Oracle’s Construction & Engineering Global Business Units. Jason’s extensive sales experience combined with SaaS applications, GIS, and Project Management make him uniquely positioned to lead the sales efforts for ProStar. Jason has a Bachelor of Science in Geography and GIS from the University of Calgary.

Ma�hew Breman | VP of Marketing Matthew Breman is a results-proven leader with over 25 years of marketing and communication experience. Specializing in delivering new products and ideas to market with a very experiential and customer-centric delivery, he has helped a broad range of brands including, MTV / Nickelodeon, Disney Resorts, and Microsoft succeed. While the head of Cranium 360, he moved the company from start-up to a national award-winning marketing agency. He has worked closely with great clients and brands such as Johns Manville, Enstrom’s Toffee (if you have ever tasted it, you would understand), national franchisors, banks, and hospitals. Matthew’s experience, across a wide variety of clients, includes successfully bringing new products to market in industrial manufacturing, medical technologies, professional services, health, and beauty. He earned his BA from the University of South Florida and his MBA from Rollins College. His civic involvement includes leadership position in the Grand Junction Chamber of Commerce, United Way of Mesa County, and most recently as an elected City Council Member for Fruita, Colorado.

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PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

Management Team

Management Team (cont.)

(cont.)

Bill brings over 20 years of IT services and SaaS solution business development experience. Bill first began his sales career selling IT business solutions & services with Origin Technologies, an ERP implementation and IT consulting division of Phillips. Bill successfully acquired several key corporate accounts such as AEP, Columbia Gas and Nationwide Insurance that resulted in over $8 million in increased annual revenues. Bill went on to ReSource Partners, an ASP provider of PeopleSoft, CRM and data center solutions where he was awarded for both highest revenue generation and most improved customer service management. As a result of his performance and accolades, Bill was recruited by FacilitySource Inc., a startup SaaS based facility maintenance management suite focused on multi-unit retailers and restaurants. Prior to being recruited by ProStar, Bill was the National Business Development Manager for Willbros Engineering, a leader in energy infrastructure design, build and management services. Bill holds a BS in Marketing from the University of Cincinnati and is certified by Miller Heiman – Solution Sales and KARRASS – Contract negotiations “The Win-Win” training. He is also an active member of several industry organizations including, CGA, AGA, OGA and CTC (Columbus Technology Council).

Bill McIntyre | VP of Business Development

Peter Srajer | Chief GIS Scientist Peter Srajer has 20 years of geomatics and engineering management experience leading teams in a variety of construction, industrial, and technology projects in a diverse range of domestic and international areas. He has specialized experience in project management and technical leadership in GPS, high precision surveying, deformation monitoring, programming, GIS, Remote Sensing, Ground Penetrating Radar, UAV, 3D Laser Scanning, AR & VR for a multitude of sectors including Oil & Gas, Pipelines Utilities, Engineering and Environmental works. Peter has been an invited speaker to international conferences on integration of large spatial datasets to AI, Machine Learning and the use augmented reality for visualization.

Peter received his Master’s in Geomatics Engineering in 2008 and Canada Lands Surveyor Commission in 2011 and a PMP in 2017.

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PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF) Technology - Software Application

Income Statement (Currency in $USD)

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NOVEMBER 2021

PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF) Technology - Software Application

Balance Sheet (Currency in $USD)

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NOVEMBER 2021

PROSTAR HOLDINGS, INC. (TSXV: MAPS), (OTCQB: MAPPF)

NOVEMBER 2021

Technology - Software Application

ProStar Holdings, Inc. Forward-Looking Statements This document contains forward-looking information within the meaning of Canadian securities laws. Such information includes, without limitation, information regarding the terms and conditions of the Company’s future plans. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking information is typically identified by words such as: “believe”, “expect”, “anticipate”, “intend”, “estimate”, “postulate”, and similar expressions, or are those, which, by their nature, refer to future events. Such statements include, without limitation, statements with respect to the completion and size of the Offering, and the expected closing date. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors, including, but not limited to: the state of the financial markets for the Company’s securities; the state of the technology sector; recent market volatility; the COVID-19 pandemic; the Company’s ability to raise the necessary capital or to be fully able to implement its business strategies; and other risks and factors that the Company is unaware of at this time. The reader is referred to the Company’s recent Information Circular filed on SEDAR on November 20, 2020 for a more complete discussion of applicable risk factors and their potential effects, copies of which may be accessed through the Company’s issuer page on SEDAR at www.sedar.com. The forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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Information Sources and Forward-Looking Statements: The information contained in this document and/or publications or presentations about Lytham’s clients was obtained from materials available to the general public, including the clients’ filings with the SEC, documents included on the client’s websites, information provided by the client or from other publicly available sources deemed reliable by Lytham. Lytham does not represent or guarantee the accuracy or completeness of this information. This information is subject to change without notice and Lytham assumes no responsibility to update the information, except as required by law. The information contained in this document and/or publications or presentations about Lytham’s clients may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (“Reform Act”), as well as Regulation FD. These statements may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences are detailed in the company’s public filings with the United States Securities and Exchange Commission, if available. Forward-looking statements speak only as of the date the statement was made. Neither the company nor Lytham undertakes, and specifically disclaims, any obligation to update any forward-looking statements. The company claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. Any performance data quoted represents past performance of the company. There is no guarantee of comparable future results; current performance may be higher or lower.

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