Mr. Daniel Southan-Dwyer reports

DELIC HOLDINGS INC. CONFIRMS NO MATERIAL UNDISCLOSED INFORMATION AND COMMENTS ON RECENT PROMOTIONAL ACTIVITIES

Delic Holdings Inc. is not aware of any material undisclosed information and is making the following statements regarding recent sponsored news and marketing activities concerning its shares of common shares traded on the OTCQB market.

On May 6, 2021, OTC Markets Group sent the company a copy of a newsletter article published by Financial News Now.com on March 16, 2021, and e-mail distribution on May 6 and May 7, and requested comment from the company. The article and e-mail discuss recent mental health research, current events in the psychedelics industry, a description of the company's business plan, board of directors, state of the current market and matters relating to investment in the company. The website is owned by IDR Marketing Inc., which was retained by the company to assist with financial marketing efforts to increase investor awareness within North America. This was previously disclosed by news release by the company on Feb. 5, 2021. The company engaged IDR to provide financial marketing, public relations services, social media support and/or other related services. The company notes that trading activity remained consistent during this time.

IDR's engagement is to factually tell the company's story in an accretive and transparent manner. Statements made in the promotional materials are not materially false and/or misleading. The factual information provided in the promotional material, which was extracted from the company's public disclosure, website and press releases, is accurate; however, any opinions expressed by the author are his alone as the company had no right of edit or control over those opinions.

Since its public listing on the Canadian Securities Exchange on Nov. 18, 2020, the company has further engaged the following additional parties to provide investor relations, public relations services, marketing or other related services, including Investor Direct Media, Octagon Media, Equity Guru, Streetwise Reports, Triple Bull Consulting and Capital Analytica.

After reasonable inquiry, management is not aware of any directors, officers or any third party service providers that have sold or purchased the company's securities within the past 90 days.

Since its public listing, the company has issued shares to arm's-length parties for services and for acquisitions. The company has not issued convertible instruments allowing conversion to equity securities, at prices constituting a discount to the current market rate at the time of the issuance.

About Delic Holdings Inc.

Delic was formed in 2019 to address the growing interest in psychedelic wellness backed by science. Delic was the first psychedelic umbrella platform and is currently a trusted source for those interested in psychedelic culture, psychedelic clinics and more. Delic's offerings include: Ketamine Infusion Center (under binding acquisition agreement), a limited liability corporation formed under the laws of Arizona and that runs two ketamine clinics in Arizona and California, Reality Sandwich, a free public education platform providing psychedelic guides, news and culture, Meet Delic, the first ever psychedelic wellness summit, and The Delic, an e-commerce lifestyle brand.

We seek Safe Harbor.