Mr. Iain Stewart reports

GENESIS LAND DEVELOPMENT CORP. REPORTS VOTING RESULTS OF ELECTION OF DIRECTORS

At Genesis Land Development Corp.'s annual meeting of shareholders held on May 25, 2022, each of the nominees proposed by management as a director of Genesis was elected as a director.

The detailed results of the vote by ballot are as shown in the attached table.

About Genesis Land Development Corp.

Genesis Land Development is a land developer and residential home builder in the Calgary Metropolitan Area. The corporation's common shares are listed on the Toronto Stock Exchange (TSX: GDC).