Genesis Reports Voting Results of Election of Directors

CALGARY, AB, May 14, 2024 /CNW/ - Genesis Land Development Corp. ("Genesis") (TSX: GDC) is pleased to report that at its annual meeting of shareholders held on May 14, 2024 that 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 follows:

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

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.

SOURCE Genesis Land Development Corp.

Iain Stewart, Chief Executive Officer; Rob Sekhon, Chief Financial Officer; 6240, 333 - 96 Ave NE Calgary AB T3K 0S3, 403-265-8079, [email protected], www.genesisland.com