No, replace exhaust cam, Front Rocker Arm Oil Control Valve (spool valve), timing belt kit and reassemble. If you're feeling adventurous I would also reseal the oil pump.
Root cause found. The cam lobe failed. The valve was adjusted per Honda's spec but that adjustment was done on the other side of the lobe in the valve-closed position, and the cam is good in that position. In the open position the failed exhaust valve wasn't fully opening by a significant amount.