Mr. Todd Shapiro reports

RHELION LIFE SCIENCES' WHOLLY OWNED SUBSIDIARY FILAMENT HEALTH SIGNS SUPPLY AND LICENSING AGREEMENT WITH THE CENTRE FOR HUMAN DRUG RESEARCH FOR PEX010 IN A STUDY OF LOW AND MEDIUM DOSE PSILOCYBIN

Through Rhelion Life Sciences Corp.'s wholly owned subsidiary, Filament Health Corp., the company develops, manufactures and supplies PEX010, its patented, standardized, good manufacturing practice manufactured botanical psilocybin drug candidate, to clinical research and compassionate access programs at leading institutions worldwide.

The company is pleased to announce that Filament has entered into a supply and licensing agreement with the Centre for Human Drug Research (CHDR) in Leiden, the Netherlands, for the supply of PEX010 for a CHDR study of psilocybin in the low and medium dose range. The study is being conducted by CHDR in collaboration with the PRSM Lab at Leiden University, and has received funding support from Norrsken Mind.

Under the agreement, Filament will supply PEX010 in one-milligram and five-milligram doses, together with matching placebo capsules, and will provide regulatory support for the clinical trial application under the European Union Clinical Trials Regulation. The study is subject to regulatory and ethics approval.

CHDR is the sponsor of the study. Filament is not the sponsor of the trial and is not responsible for its conduct.

PEX010, Filament Health's botanical psilocybin drug candidate, underscores Filament's position as a leading supplier of pharmaceutical grade natural psilocybin, supporting more than 80 academic and philanthropic research studies worldwide. PEX010 is available in a standardized dosing range of one, five and 25 mg from a single drug candidate, with a 0.5 mg dose to follow, produced using Filament's proprietary and patented extraction, purification and stabilization methods, giving investigators consistent composition across every dose, every study and every research site. On April 30, 2026, the company completed its previously announced acquisition of Filament Health Corp., including its lead drug candidate, PEX010, and its portfolio of 77 issued patents across 13 patent families.

About Rhelion Life Sciences Corp.

Rhelion Life Sciences is a science and research led company advancing the natural psychedelic drug discovery and development sector. Through its wholly owned subsidiary Filament Health, the company is developing naturally derived psilocybin drug candidates, including its patented PEX010, and supporting clinical research and compassionate use programs with leading institutions around the world.

We seek Safe Harbor.