Mr. Iain Stewart reports

GENESIS LAND DEVELOPMENT CORP. ANNOUNCES RETIREMENT OF SENIOR OFFICERS

Genesis Land Development Corp.'s Wayne King, senior vice-president, information systems and special projects, and Arnie Stefaniuk, vice-president, regional planning, have retired, both effective Jan. 31, 2025.

"Mr. King has been an integral part of our team since 2017, as chief financial officer through 2023 and subsequently as SVP, information systems and special projects. His leadership has been instrumental in our growth, and we are deeply grateful for his contributions," said Iain Stewart, chief executive officer.

"Since 2000, Mr. Stefaniuk has played a pivotal role in creating welcoming communities people love to live in. His leadership, dedication and vision leading our land development team for most of his tenure have been invaluable to the success of our organization," Mr. Stewart commented. "Mr. Stefaniuk leaves a legacy of well-conceived, designed and developed communities throughout the Calgary Metropolitan region."

"We are excited to celebrate their incredible careers and wish them all the best in this new chapter of their lives," added Mr. Stewart.

About Genesis Land Development Corp.

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

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