Mr. Iain Stewart reports

GENESIS REPORTS VOTING RESULTS OF ELECTION OF DIRECTORS

At Genesis Land Development Corp.'s annual meeting of shareholders held on May 18, 2023, each of the nominees proposed by management as a director of Genesis were elected as directors.

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

About Genesis Land Development Corp.

Genesis is an integrated land developer and residential home builder with a strategy to grow its portfolio of well-located, entitled and unentitled primarily residential lands and serviced lots throughout the Calgary metropolitan area.