Ms. Kathryn Walker reports

REVITALIST ANNOUNCES CEASE TRADE ORDER

The B.C. Securities Commission has issued a cease trade order dated May 8, 2023, in respect of the securities of Revitalist Lifestyle and Wellness Ltd. as a result of the company's failure to file its:

1. Annual audited financial statements for the year ended Dec. 31, 2022;
2. Annual management's discussion and analysis for the year ended Dec. 31, 2022;
3. Certification of annual filings for the year ended Dec. 31, 2022.

As a result of the CTO, a person or company must not trade in or purchase a security of the company in a jurisdiction where the company is a reporting issuer and where Multilateral Instrument 11-103 (Failure to File Cease Trade Orders in Multiple Jurisdictions) applies, except in accordance with the conditions set out in the CTO. In addition, the CTO is effective in each jurisdiction in Canada that has a statutory reciprocal order provision, subject to the terms of the local jurisdiction.

Despite the CTO, a beneficial securityholder of the company who is not currently (and who was not as of May 8, 2023) an insider or control person of the company may sell securities of the company acquired before May 8, 2023, if both of the following apply: (i) the sale is made through a foreign organized regulated market, as defined in Section 1.1 of the Universal Market Integrity Rules of the Investment Industry Regulatory Organization of Canada; and (ii) the sale is made through an investment dealer registered in a jurisdiction of Canada in accordance with applicable securities legislation.

The company expects to finalize its financial statements, complete its audit and file the documents as soon as possible, but in any event no later than June 15, 2023. There is no assurance that the company will be able to remedy its filing default and have the CTO rescinded in a timely manner or at all.

The company is not currently subject to any insolvency proceedings. The company also confirms that there is no other material information concerning the affairs of the company that has not been generally disclosed as of the date of this news release.

About Revitalist Lifestyle and Wellness Ltd.

Revitalist (Canadian Securities Exchange: CALM) (OTCQB: RVLWF) (Frankfurt Stock Exchange: 4DO) is a mental health and wellness company focused on comprehensive care in the ketamine wellness space, offering innovative, evidence-based services. With physical locations and virtual offices across 28 states, Revitalist is one of the largest publicly traded psychedelic wellness companies in North America.

We seek Safe Harbor.