Psyched Wellness Ltd. — Board/Management Information 2020

Jan 27, 2020

FORM 51-102F3 MATERIAL CHANGE REPORT

• ITEM 1. Name and Address of Company

Duncan Park Holdings Corporation (the “ Company ”) 77 King Street West, Suite 2905 Toronto, Ontario M5K 1H1

• ITEM 2. Date of Material Change

January 27, 2020.

• ITEM 3. News Releases

A press release in the form of Schedule "A" attached hereto was disseminated on January 27, 2020, through the facilities of Newsfile Corp.

• ITEM 4. Summary of Material Change

The Company is pleased to announce the appointment of Mr. Keith Li, as its Chief Financial Officer effective January 27, 2020.

• ITEM 5. Full Description of Material Change

  • 5.1 Full Description of Material Change

See Schedule A.

• 5.2 Disclosure of Restructuring Transactions

Not applicable.

• ITEM 6. Reliance on subsection 7.1(2) of National Instrument 51-102

  • Not applicable.

• ITEM 7. Omitted Information

  • Not applicable.

• ITEM 8. Executive Officer

The following officer of the Company may be contacted for further information:

Brian Presement Chief Executive Officer 416-234-0556

• ITEM 9. Date of Report

This report is dated in Toronto, this 27[th] day of January 2020.

Schedule "A"

DUNCAN PARK HOLDINGS CORPORATION

2905 - 77 King Street West Toronto, Ontario M5K 1A2

FOR IMMEDIATE RELEASE

January 27, 2020.

Toronto, Ontario - Duncan Park Holdings Corporation (the “ Company ” or “ Duncan Park ”) is pleased to announce the appointment of Mr. Keith Li, as its Chief Financial Officer effective January 27, 2020.

Mr. Li is a finance professional with over 10 years of corporate accounting and audit experience. He specializes in providing management advisory services, accounting and regulatory compliance services to companies in a number of industries. Mr. Li began his career in the public accounting sector as an auditor and had also held senior level positions for several publicly-held and private companies. Mr. Li is a Chartered Professional Accountant and holds a Bachelor of Commerce degree from McGill University.

For further information, please contact:

Brian Presement

Chief Executive Officer

Duncan Park Holdings Corporation

Tel: 416 234 0556