Mr. Vilhjalmur Vilhjalmsson reports

SUCCESSFUL FUNDING OF INVESTEE COMPANY BEELIVERY

GreenBank Capital Inc.'s investee company, Beelivery, has successfully completed a financing round, raising 1,000,474 pounds sterling through the issuance of 296 shares at a price of 3,379.98 pounds sterling per share.

GreenBank Capital owns 780 shares in Beelivery, which, at the current financing round price, translates to a value of approximately 2,636,384 pounds sterling. In Canadian dollars, this value is approximately $4,635,504, based on current exchange rates.

Given GreenBank's outstanding shares totalling 125,271,001, this investment in Beelivery adds approximately 3.7 cents toward the net asset value, enhancing the overall value of the company's asset portfolio.

Vilhjalmur Thor Vilhjalmsson, chief executive officer and chairman of GreenBank, commented: "We continue to work closely with our investee companies to add value and drive growth. This successful funding round for Beelivery underscores our commitment to supporting innovative businesses and maximizing shareholder value. Beelivery is looking for further funds to support its growth into new markets within the year, and we are excited about their future prospects."

About Beelivery

Beelivery is a leading on-demand grocery delivery service in the United Kingdom, offering rapid delivery to customers within 60 minutes of placing an order. By leveraging a network of local delivery drivers and advanced logistics technology, Beelivery provides unparalleled convenience and service quality in the grocery delivery market.

About GreenBank Capital Inc.

GreenBank is a business-transformation firm, which aims to nurture early-stage and growth companies to their full potential. Through modern approaches to the provisions of consultancy services, GreenBank takes a stake in companies it hopes to nurture and gives the opportunity to the founders and executives of those companies to benefit from the years of collective experience of the GreenBank management team.

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