NORSAT INTERNATIONAL INC.
Request for Annual and Interim Financial Statements and MD&A
Under National Instrument 51-102 Continuous Disclosure Obligations (“NI 51-102”), Norsat International Inc. (the “Company”) is only required to deliver annual and interim financial statements and related Management’s Discussion & Analysis (“MD&A”) to a person or company which owns common shares of the Company that requests them.If you wish to receive the Company’s annual financial statements and annual MD&A or interim financial statements and interim MD&A, you should complete the Return Form (the “Return Form”) attached hereto.
Please forward the completed Return Form to the Company at the following address:
NORSAT INTERNATIONAL INC.
Suite 300 – 4401 Still Creek Drive
Burnaby, British Columbia V5C 6G9
The Company reserves the right, in its discretion, to determine to send annual financial statements and MD&A, or any interim financial statements and MD&A, to all registered holders, or all registered holders and beneficial owners who are identified under National Instrument 54-101 Communication with Beneficial Owners of Securities (“NI 54-101”) as having chosen to receive security holder materials sent to beneficial owners of securities,notwithstanding elections which such holders or beneficial owners may make under the Return Form.
Failure to return the Return Form or otherwise specifically request a copy of financial statements or MD&A will override a beneficial owner’s standing instructions under NI 54-101 in respect of such financial statements and MD&A. So, notwithstanding whether you have given previous instructions regarding delivery of materials, if you would like to receive the annual or interim financial statements together with MD&A, you should complete and return this form to the Company.
Please note that a Return Form will be mailed to you each year.This Return Form is a request to receive (i) interim financial statements and MD&A which the Company may send to security holders in 2006 and any other period prior to the Company sending a new request form in 2007 and/or (ii) annual financial statements and MD&A for the fiscal year ending December 31, 2006. If you wish to receive copies of financial statements or MD&A for any earlier period, you should send a separate request specifying the requested financial statements and MD&A.
A copy of the Company’s audited financial statements and MD&A may be accessed under the Company’s profile atwww.sedar.comor on the Company’s website atwww.norsat.com.
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(COMPLETE AND RETURN THIS FORM)
RETURN FORM
NORSAT INTERNATIONAL INC. (the “Company”)
(Please mark the appropriate box with a “X”)
Registered Holder
q
The undersigned is a registered holder of common shares of the Company and:
(a) hereby requests that the undersigned be sent a copy of theAnnual Financial Statements
for the year ended December 31, 2006 and MD&A for such statements
(b)
hereby requests that the undersigned be sent a copy of theInterim Financial Statements
and MD&A for such statements for all quarters in 2006 and any subsequent quarters
before a new Return Form is sent by the Company
Non-Registered Holder
q
The undersigned is a beneficial holder of common shares of the Company and:
(a)
hereby requests that the undersigned be sent a copy of theAnnual Financial Statements
for the year ended December 31, 2006 and MD&A for such statements
(b)
hereby requests that the undersigned be sent a copy of theInterim Financial Statements
and MD&A for such statements for all quarters in 2006 and any subsequent quarters
before a new Return Form is sent by the Company
The undersigned acknowledges that this request shall expire and cease to have effect if the undersigned ceases to be either a registered holder or beneficial owner of securities of the Company.
Name:
_____________________________________________________________________
Address:
_____________________________________________________________________
_____________________________________________________________________
Signature:
_______________________ Date:________________________________________
Name and title of person
signing if different from
name above:
_____________________________________________________________
Name and address
broker or intermediary
through which securities
are held, if applicable:
_____________________________________________________________
FOR BENEFICIAL HOLDERS WHO DO NOT WANT TO DISCLOSE THEIR NAMES AND ADDRESS BUT WHO WANT TO RECEIVE A COPY OF THE ANNUAL FINANCIAL STATEMENTS AND MD&A AND/OR INTERIM FINANCIAL STATEMENTS AND MD&A, PLEASE CONTACT YOUR BROKER OR INTERMEDIARY.