Mr. Todd Shapiro reports

RED LIGHT HOLLAND'S FDA-COMPLIANT, DEA-REGISTERED PARTNER IRVINE LABS GRANTED UNITED STATES CONTROLLED SUBSTANCES IMPORT PERMIT FOR THE COMPANY'S RAW PSILOCYBIN TRUFFLES

In compliance with all applicable laws Red Light Holland Corp.'s research and development partner, Irvine Labs Inc., a Food and Drug Administration-compliant and Drug Enforcement Administration-registered facility in California, United States, has successfully received its controlled substances import permit for psilocybin raw materials (truffles) from the company's farm in Horst, the Netherlands, following the 2025 psilocybin DEA quotas announced in April.

With both the DEA quota and import permit now secured, Irvine Labs and Red Light Holland will proceed with the shipment of three kilograms of raw psilocybin material from the company's farm in the Netherlands in the coming weeks.

Red Light Holland's partner, Irvine Labs, is licensed for prescription and over-the-counter (OTC) drug manufacturing by the California Department of Public Health (CDPH) and is a DEA Schedule 1 bulk drug cultivator, manufacturer, importer and exporter; including psilocybin, psilocin, marijuana, THC, extracts, DET, DMT, LSD, peyote and mescaline.

The companies are thrilled to continue their advancement in R&D (research and development), including working diligently on the preservation of psilocybin from naturally derived compounds during product development and manufacturing. Through Red Light Holland's partnership with Irvine Labs and the implementation of proprietary preservation technology, Red Light Holland aims to develop precise dehydration, manufacturing and storage protocols that maintain the integrity of natural compounds while significantly extending product shelf life. Combined with research into advanced packaging solutions, these innovations represent a comprehensive approach to ensuring product stability and quality throughout the supply chain.

"We are thrilled to announce this major milestone in our partnership with Irvine Labs, as they have now received their import permit for three kg of psilocybin raw materials," said Todd Shapiro, chief executive officer and director of Red Light Holland. "This advancement comes at a significant time as we've seen growing institutional support for psilocybin research, including from the new U.S. Surgeon General and the Department of Veterans Affairs, which we applaud. With the controlled substances import permit secured, we can now ship our psilocybin raw materials from our Netherlands farm to Irvine's California lab to begin development of extended shelf-life microdosing capsules. This is another critical step in our mission: from underground to mainstream, and as a company we are very proud of our overall progress and focus on standardization of naturally occurring psilocybin as our R&D continues with the overall goal of access and making a positive impact."

Shaun Land, president of Irvine Labs, added: "Receiving the controlled substances import permit represents the final regulatory hurdle in our collaboration with Red Light Holland, at this stage. We are now ready to receive the three kg of raw materials from the Netherlands and begin our work. We have extensive experience working with naturally derived pharmaceutical ingredients and are excited to support Red Light Holland's microdosing program with our expertise in manufacturing and compliance, aiming to extend these innovative products stability and shelf life."

Red Light and Irvine Labs combined goal is to develop a commercialized and standardized product from the company's psilocybin truffles farm grown truffles that can be legally exported to emerging markets and used in government-financed pilot programs and clinical trials within the United States.

About Irvine Labs Inc.

Irvine Labs was established in 1997. Since 2013, Irvine Labs has had a significant investment in medical research and development through its pharmaceutical biotechnology division with a focus on natural medicines, including cannabis, cannabinoids, psilocybin, herbs and other sources of natural medicines. Irvine Labs is licensed for prescription and over-the-counter (OTC) drug manufacturing by the California Department of Public Health (CDPH). Irvine Labs is a DEA Schedule 1 bulk drug manufacturer, importer and exporter (including marijuana, THC, extracts, psilocybin, psilocin, DET, DMT, LSD, peyote and mescaline), and Schedule 1 to 5 testing lab.

About Red Light Holland Corp.

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

We seek Safe Harbor.