Genesis Land Development (GDC) Corporate presentation summary

Business profile

• Calgary Metropolitan Area land development and homebuilding operations dating to 1997; integrated approach turns raw land into residential, commercial and mixed-use communities.

• Active in 16 communities; over 1,300 acres developed across 16 residential communities, serving 10,000+ families.

• At June 30, 2026: $505M in real estate assets, 2,494 undeveloped acres, 17% net debt to total assets and $106M returned to shareholders since 2014.

• More than 30 years of land development and 20+ years of homebuilding experience; 25 consecutive years of positive earnings.

Strategy and growth

• Strategy centers on maximizing shareholder value through land and home sales, disciplined acquisitions, land development, partnerships and reinvestment of operating cash.

• Land model targets well-positioned sites, preferably with Area Structure Plans in place; finalize approvals, engage builder partners, develop and sell, then reinvest proceeds.

• Homebuilding strategy focuses on quality production homes across owned communities and selected third-party communities, with plans to increase volumes.

• Since 2019, $206M invested in land and over 1,600 acres acquired; pipeline exceeds 4,153 future single-family lots.

• 2026 acquisition: 20% interest in a 133-acre development, plus lot purchase rights, acquired in Q2.

Portfolio and development pipeline

• Core holdings total 2,494 undeveloped acres: 1,853 acres in Calgary and 31 acres in Airdrie, plus 610 acres in Rocky View County.

• Airdrie communities Bayside and Bayview have 150 serviced single-family lots and 31 undeveloped acres; servicing began in 1997, with completion targeted for 2029.

• Calgary projects include Lewiston (69 undeveloped acres; 467 homes at full buildout), Huxley (129 acres; 1,121 homes) and Logan Landing (301 acres; 1,174 homes).

• Hazel has 160 undeveloped acres and is planned for 1,184 homes; SE Calgary land holdings total 1,194 acres, with servicing targeted to start in 2035 and completion in 2055.

• Rocky View County holdings include OMNI’s 185-acre future commercial site, wholly owned since June 2025, and The 425, a wholly owned 425-acre property seeking land use approvals.