Mr. Todd Shapiro reports

RED LIGHT HOLLAND ANNOUNCES LIVE INVESTOR Q&A SESSION AT 2:00 PM (EST) ON THURSDAY, SEPTEMBER 8, 2022

Further to Red Light Holland Corp.'s press release dated Aug. 29, 2022, Red Light chief executive officer Todd Shapiro and chief financial officer David Ascott will be hosting a live investor question and answer (Q&A) session on the Zoom platform on Thursday, Sept. 8, 2022, from 2 p.m. to 2:30 p.m. (EST).

The Q&A session will address, among other things, the company's recent filed financial statements for the first fiscal quarter of 2023 ended June 30, 2022, a copy of which can be accessed by visiting the company's website and its profile page on SEDAR, and future developments and key strategic objectives of the company; the session will provide the audience with an opportunity to learn more about the company's business and products.

"We pride ourselves at Red Light Holland on being transparent by having open ended conversations with our shareholders," said Mr. Shapiro, chief executive officer and a director of Red Light Holland. "We considered having this Q&A session earlier, but, like weddings on a long weekend, we didn't want to take up your precious vacation time during the last few weeks of summer. After the long weekend the majority of people are back to their regular routines and we are excited to update all shareholders next Thursday on the company's strategic objectives, as we continue to work extremely hard at growth and increasing shareholder value, while spending cautiously. Our mission is to hashtag Freethemagic and to provide affordable and equitable adult access to naturally occurring psilocybin via technology, education, information and responsible use remains. Talk soon."

The Q&A session is accessible on the Zoom platform on Thursday, Sept. 8, 2022, from 2 p.m. to 2:30 p.m. (EST).

The Q&A session is expected to run for 30 minutes.

Meeting identification (ID): 840 7145 0844

Passcode: RLH2022

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Meeting ID: 840 7145 0844

Correction to press release dated Aug. 29, 2022

The company wishes to clarify that all references in the company's press release dated Aug. 29, 2022, to the financial statements and results being for the first fiscal quarter of 2022 were inadvertently misstated and were meant to state that the financial statements and results were in connection with the first fiscal quarter of 2023.

About Red Light Holland Corp.

The company is an Ontario-based corporation engaged in the production, growth and sale of functional mushrooms and mushroom home grow kits in North America; it is a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands, in compliance with all applicable laws.

We seek Safe Harbor.