Genesis Land Development (GDC) Corporate presentation summary

Business profile

• Integrated land development and homebuilding platform operating in the Calgary Metropolitan Area since 1991, with 30+ years of land development and 20 years of homebuilding experience.

• Portfolio includes $502M in real estate assets and 2,569 acres of undeveloped land; more than 1,300 acres developed across 16 residential communities, serving 10,000+ families.

• Homebuilding division active in 16 communities, including owned developments and third-party communities.

Strategy and growth

• Strategy combines land acquisitions, financing, development approvals, partnerships, lot and home sales, debt repayment, dividends and reinvestment to support shareholder value and growth.

• Land model prioritizes well-positioned sites within predetermined acquisition parameters, preferably with an Area Structure Plan; then secures approvals, partners with builders, develops and sells land.

• Homebuilding focus is quality production homes across owned communities and select third-party communities, with plans to increase volumes.

• Recent acquisitions included 610 acres in Rocky View County, 460- and 734-acre SE Calgary parcels, and interests in three development entities with lot purchase rights.

Land portfolio and development pipeline

• Core holdings total 2,569 acres: 1,907 acres in Calgary and Airdrie and 610 acres in Rocky View County; targeted completion dates extend to 2055.

• SE Calgary Land Holdings comprise 1,194 undeveloped acres; servicing is targeted to start in 2035, with completion targeted for 2055.

• Logan Landing has 327 undeveloped acres and is expected to deliver 1,340 homes plus 10 acres of multifamily and commercial parcels by 2034.

• Huxley has 130 undeveloped acres and is expected to deliver 1,121 homes by 2036; Lewiston has 96 acres and is expected to deliver 635 homes plus 7 acres of multifamily and commercial parcels by 2031.

• Rocky View County holdings include 185 acres at OMNI, wholly owned effective June 2025, and 425 acres of future development land, also wholly owned.