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 14, 2024, each of the nominees proposed by management as a director of Genesis Land was elected as a director.

The detailed results of the vote by ballot are set out herein.

                VOTING RESULTS FOR ELECTION OF DIRECTORS

Nominee                     Votes for                  Votes withheld       

                       Number     Percentage        Number    Percentage

Stephen Griggs     38,560,552          89.27%    4,636,089         10.73%   
Steven J. Glover   38,882,349          90.01%    4,314,292          9.99%    
Mark W. Mitchell   38,882,349          90.01%    4,314,292          9.99%    
Calvin Younger     38,882,349          90.01%    4,314,292          9.99%    
Iain Stewart       43,193,639          99.99%        3,002          0.01%    

About Genesis Land Development Corp.

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