Mr. Brad Loiselle reports

BETTERU ANNOUNCES EXTENSION OF FILING DEADLINE FOR ITS QUARTERLY FINANCIAL STATEMENTS AND MD&A

In line with the notice issued July 27 related to its annual filings, as a result of delays caused by the COVID-19 pandemic, BetterU Education Corp. will postpone the filing of its quarterly consolidated financial statements, accompanying management's discussion and analysis, and related chief executive officer and chief financial officer certificates for the quarter ended June 30, 2020, which are required to be filed by Aug. 31, 2020, under National Instrument 51-102 (Continuous Disclosure Obligations).

On May 20, 2020, the Canadian Securities Administrators (CSA) published blanket orders extending deadlines by 45 days for documents required to be filed or delivered by non-investment fund issuers between June 2 and Aug. 31, 2020, to allow issuers the time needed to focus on the many other business and financial reporting implications of the COVID-19 pandemic.

The company will rely on this exemption with respect to the quarterly filings in accordance with Ontario Instrument 51-505 (Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period from June 2 to Aug. 31, 2020). The company is continuing to work diligently and expeditiously to complete and file the quarterly filings and currently expects to have them filed on or prior to the extended filing deadline of Oct. 15, 2020. The company expects to thereafter deliver the quarterly financial statements before, or in conjunction with, the delivery of its management information circular for its next annual general meeting as permitted by 51-505.

Until the quarterly filings are filed, management and other insiders of the company continue to be subject to a trading blackout policy that reflects the principles in Section 9 of National Policy 11-207 (Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions).

The company confirms that since the filing of its condensed consolidated interim financial statements for the period ended Dec. 31, 2019, there have been no material business developments other than those that have been publicly disclosed as required under applicable securities laws and stock exchange requirements.

About BetterU Education Corp.

BetterU is an education-to-employment technology company, offering an end-to-end solution, leveraging business intelligence to automate skilling, reskilling and upskilling for companies operating on domestic and global scales. The company supports the industry by providing the companies with everything an organization needs to launch and manage proper skill development programs so that they can focus on what really matters -- their people.

Most companies spent too much time trying to source, integrate, customize and deliver fragmented skill development programs across their organizations, when they should be focused solely on supporting their people. BetterU's integrated platform brings together the right technology, growing content library, customization and language options, and is the most efficient affordable solution on the market. The company does not sell content -- it helps build better people.