Let us assume that a convex polygon has four or more acute angles. If an interior angle is acute, then the corresponding exterior angle will be obtuse ( greater than 90∘). So, the sum of the exterior angles of such a polygon will be greater than 4×90∘=360∘.
However, this is impossible, since the sum of the exterior angles of a polygon must always be equal to 360∘. Hence, a polygon can have, at most, 3 obtuse exterior angles.