HPIL HLDG : NOME 6.8.22

NOTICE OF MATERIAL EVENT

HPIL HOLDING

1720-650 West Georgia Street, Vancouver, BC V6B 4N8

Company Telephone: +1 778-819-1956 Company Website: www.hpilholding.com Company Email: info@hpilholding.ca

HPIL Holding (HPIL)

NOTICE TO SHAREHOLDERS

8 June 2022: HPIL Holding (OTC PINK: HPIL) ("HPIL" or the "Company"), would like to give notice to Shareholders as to the following events.

On June 2, 2022, the Chief Executive Officer, and Chairman of the Board of Directors, Stephen Brown, presented a letter of termination to Mr. Lord Ferrox Tutinean due to Mr. Tutinean's failure to adhere to Mr. Tutinean's employment agreement and HPIL's policies. Further, the employment of Mr. Micheal Torrey has been terminated on the same day due to Mr. Torrey's failure to adhere to his employment agreement and HPIL's policies. Both Mr. Tutinean and Mr. Torrey have acted in manners against the Company and against the interests of the Company's shareholders.

On May 17, 2022, the British Columbia Securities Commission filed a Cease Trade Order against HPIL Holding under Section 164 of the Securities Act, R.S.B.C. 1996, c. 418, and with regard to the Company's failure to file annual audited financial statements for the period ended December 31, 2021, a Form 51-102F1 Management's Discussion and Analysis, and a Form 51-102F2 Annual Information Form, for the same period.

On June 3, 2022, the Company was advised by the OTC that the yield sign on the OTC Market site will not be removed, and that the OTC will not continue its review of the Company's filings until the Cease Trade issued by the British Columbia Securities Commission has been removed.

Safe Harbor Statement:

In addition to historical information, this press release may contain statements that constitute forward-looking statements. Forward-looking statements contained in this press release include the intent, belief, or expectations of the company and members of its management team with respect to the company's future business operations and the assumptions upon which such statements are based.

Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.

Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse development with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock.

Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the company's website. The company denies any responsibility to update any forward-looking statements.