Mr. Iain Stewart reports

GENESIS LAND DEVELOPMENT CORP. APPOINTS VICE PRESIDENT, LAND DEVELOPMENT AND VICE PRESIDENT, REGIONAL PLANNING

Genesis Land Development Corp. has appointed Brendan McCashin as vice-president, land development, and Arnold Stefaniuk, as vice-president, regional planning. The move is effective June 1, 2022.

Reporting to Iain Stewart, president and chief executive officer, Mr. McCashin and Mr. Stefaniuk will be members of the company's executive leadership team. Mr. McCashin will be responsible for leading the land development team in three critical areas: construction, marketing and architectural controls. Mr. Stefaniuk will lead engagements with public officials and community conceptualization and planning.

Mr. McCashin joined Genesis in 2021, bringing his extensive land development experience and expertise to Genesis's executive team. He has played instrumental roles in approvals, design and construction of a number of prominent new communities in Calgary over the past 14 years.

Mr. Stefaniuk has been with Genesis since 2000 and has led the land development team for much of that time, creating welcoming communities that people of all walks of life love living in.

"At this critical point in Genesis's growth and in recognition of the increasingly complex regulatory approval processes new communities now face, Genesis is fortunate to have two talented land development executives," said Mr. Stewart.

About Genesis Land Development Corp.

Genesis is an integrated land developer and residential home builder operating in the Calgary Metropolitan Area (CMA) holding a portfolio of well-located, entitled and unentitled primarily residential lands and serviced lots in the CMA.