Drone Delivery Canada Corp. announced, that with the assistance of its sales agent Air Canada, it has entered into multiple commercial agreements executed by the Company on January 9, 2024 (the "Agreements") with each of Edmonton International Airport ("YEG"), Apple Express Courier Ltd., BBE Expediting Ltd., and MFN Management Inc. (a wholly owned corporation of Montana First Nation) (collectively, the "Customers") to deploy DDC's award-winning and patented drone delivery solution at Edmonton International Airport. The agreements, with an aggregate value of $417,000 will run for a 12-month duration.

Pursuant to the terms of the agreements, DDC will expand the defined route delivery from YEG with an additional DroneSpot at a medical clinic located in the city of Leduc, Alberta. Cargo delivery will take place from YEG to the medical clinic while also maintaining the current delivery route from YEG to the off airport DroneSpot in Leduc County, which formed the delivery route for the first phase of the project. The medical clinic is wholly owned by Montana First Nation and provides health care services to indigenous and non-indigenous Canadians.

All operations will be conducted in accordance with applicable Canadian regulations and/or Transport Canada special approvals with flights remotely piloted by DDC from its Operations Control Centre located in Vaughan, Ontario. Additionally, the Canary Remotely Piloted Aircraft ("RPA") will be used on this route once operational. DDC will commence deployment of the site infrastructure shortly and expects to begin providing drone delivery services under the commercial agreements later in 2024. The YEG drone delivery project, which began with the execution of an agreement with YEG in 2019, won an XCELLENCE Award for innovation from the Association for Uncrewed Vehicles Systems International in 2022 and became commercially operational in May 2022.

During the first phase of the project, over 2,400 flights with a total flight distance of over 6,500 km were completed. The new agreements add a second leg to the operations originating out of the central DroneSpot at YEG.