Mr. Guido Cloetens reports

ELYSEE DECLARES A DIVIDEND OF TWO CENTS ($0.02) PER SHARE AND PROVIDES CORPORATE UPDATE

Elysee Development Corp.'s board of directors has declared a cash dividend of two cents per common share.

This dividend is to be paid on April 8, 2026, to shareholders of record on March 27, 2026, and is an eligible dividend for Canadian income tax purposes.

Guido Cloetens, president and chief executive officer of Elysee, commented: "Fiscal 2025 was an outstanding year for Elysee, with rising precious metal and commodity prices resulting in higher stock prices and increased M&A [merger and acquisition] activity. This enabled us to realize exceptional gains across our portfolio of mining stocks. This strong momentum continues in 2026."

Yesterday, Hudbay Minerals Inc. announced its intention to acquire 100 per cent of Arizona Sonoran Copper Company Inc. at a 30-per-cent premium to the last trading price. Arizona Sonoran is one of the largest equity positions in Elysee's investment portfolio.

Also, in 2025, the company realized significant gains due to takeover offers of investee companies such as Calibre Mining Corp, Solgold PLC, Mag Silver Corp. and Probe Gold Inc., one of Elysee's significant investments that was acquired for cash by Fresnillo PLC.

In December, 2025, Elysee redeemed $1.7-million of its convertible debentures, leaving only $265,000 outstanding.

The company's current cash position is approximately $6.7-million, or 24 cents per share.

The company expects to finalize and file the audited annual financial statements for the year ended Dec. 31, 2025, in April, 2026.

We seek Safe Harbor.