Genesis Land Development Corp. · TSX:GDC

Genesis Land Development — Q2 2025 Earnings Presentation

33 slides from Genesis Land Development's earnings presentation, August 2025

  1. Slide 1: Corporate Update

    Corporate Update JUNE30,.2025.

  2. Slide 2: Forward-looking statements

    Forward-looking statements

  3. Slide 3: Bayview Community

    A-proven record of acquiring raw.land in the’Calgary’area and, utilizing an- integrated value-added’land development and home building approach, transforming ’it into inspired. * communities that enrich lives. 2 GENESIS CORPORBEPURDA pe:

  4. Slide 4: Community

    To dream. To design. To build. To create Community. GENESIS + GENESIS! CORPORATE UPDATE

  5. Slide 5: Logan Landing Community

    Sip As Sad esiVt Syucepl SISANFO <R

  6. Slide 6: One of Western Canada's preeminent integrated development companies

    One of Western Canada’s preeminent integrated development companies Genesis Land Development Corp. (TSX: GDC) has been developing lands and building homes in the Calgary Metropolitan Area (CMA) since 1991 Significant portfolio of wel-located, entitled and unentitled residential, commercial and mixed

  7. Slide 7: A Strong Foundation

    A STRONG FOUNDATION = Proven record of developing raw land into thriving communities = Focus on Calgary region = Public company with strong supportive shareholders = Conservative balance sheet and ready access to financing = Success through partnerships w 4 <q a a =) w iw < 4 fe) a « fe) oO a n i Zz

  8. Slide 8: YEARS ACRES YEARS

    YEARS YEARS FAMILIES ACRES YEARS

  9. Slide 9: Land Summary

    LAND SUMMARY AIRDRIE Bayside, Bayview ICALGARY N Lewiston ICALGARY NE ICALGARY SE() Logan Landing Hazel SE Calgary Land Holdings ROCKYVIEW COUNTY OMNI/425 SERVICED SF LOTS FUTURE SF LOTS LAND PARCELS UNDEVELOPED) (ACRES) ACREAGE ty of Calgary Th cess conmuntes ae: — | { re City of Airdrie Neasary RO

  10. Slide 10: Home Building Division

    HOME BUILDING DIVISION ACTIVE IN 17 COMMUNITIES Genesis Communities AIRDRIE 1. Bayside 2. Bayview CALGARY 3. Lewiston 4, Logan Landing 5. Huxley Third-Party Communities 6. Keystone 7. Homestead 8. Alpine Park 9. Vermilion Hill 10. Silverton 11. Heartwood 12. Heritage Crossing 13. Spring Valley COUNT

  11. Slide 11: Sage Hill Crest Community

    << —_— 7 7. F a6 SN) os ‘ aoe J v4 STRAT A * ye f ™ \ | SISAN39

  12. Slide 12: Strategy & Business Plan

    STRATEGY & BUSINESS PLAN Simple business model — highly HOME SALES focused approach LOT AND DEVELOPMENT APPROVALS Dividends DIVIDENDS Genesis’ strategy is designed to maximize & . wv shareholder value while & S & leveraging opportunities for future growth. PROPERTY FINANCING —————>| _ DEVELOP LAND D

  13. Slide 13: Premier assets with focus in the Calgary Metropolitan Area

    Premier assets with focus in the Calgary Metropolitan Area Homebuilding focus on quality production homes Market knowledge and awareness First in-the-know about acquisition opportunities Experienced in navigating the complex approval process SAGE we MEADOWS GENESIS |

  14. Slide 14: Epicenter of Canada's Energy industry

    Epicenter of Canada’s Energy industry Highest population growth rate among Canada’s largest cities Affordability advantage Strong labor and employment Ideal location (proximity to the mountains) GENESIS |

  15. Slide 15: Land

    Land Acquire well positioned land = Strict adherence to predetermined acquisition parameters = Preferably with Area Structure Plan in place Finalize approvals Bring in builder partners Develop, sell — realize cash = Partner of choice for contractors/consultants Reinvest cash surfaced from operations

  16. Slide 16: Housing

    Housing Focus as a quality production builder in the CMA Participate in all Genesis communities Participate in third party communities Continue to increase volumes Partner of choice for trades/suppliers SILVERTON GENESIS |

  17. Slide 17: Recent land acquisitions

    Acquired 134-acre parcel in North Calgary Homestead — 5% interest and lot purchase rights Vermilion Hill — 8% interest and lot purchase rights ; Acquired 161-acre parcel in NE Calgary Acquired 160-acre parcel in SE Calgary Acquired interests in 610 acres in North Conrich (OMNI/425) — bringing owners

  18. Slide 18: Executive Team and Board of Directors

    EXECUTIVE TEAM Chief Executive Officer Mi BRENDAN MCCASHIN Sr. Vice President, Land Development nt PS SIDHU ROB SEKHON President & Chief Financial Officer VIRAT REDDY Vice President, Finance & Technology a" BRIAN WHITWELL TRAVIS MCARTHUR Chief Investment Officer Sr. Vice President & General Counsel

  19. Slide 19: Bayview Community

    i AP ray im EJ i i <t m4 Oo a & O- ¥ 0: Cs. 7) a oO = o

  20. Slide 20: Highlights June 30, 2025

    HIGHLIGHTS Tune 30, 2025 = Total Assets - $597M " Real Estate Assets - $505M = Net Debt - $117M = Net Book Value per Share’ - $4.81 ($000’S) SIX MONTHS ENDED = SIX MONTHS ENDED JUN. 30, 2025 JUN. 30, 2024 TOTAL REVENUES 129,626 163,283 EARNINGS 12,724 14,977 (UNITS) RESIDENTIAL LOT SALES 114 354 HOM

  21. Slide 21: Building On Our Success

    Building On Our Success • • • • • • •

  22. Slide 22: Core Land Holdings

    Core Land Holdings Lewiston Community

  23. Slide 23: Core Land Holdings

    CORE LAND HOLDINGS Dune 30, 2025 Genesis is well-positioned to build on its successes with an extensive portfolio of core land holdings to be developed in the CMA. TARGETED UNDEVELOPED DEVELOPMENT COMMUNITY ACRES TIMEFRAME AIRDRIE BAYSIDE 28 1997 - 2029 BAYVIEW 338 1997 - 2029 66 CALGARY LEWISTON 96

  24. Slide 24: Map of Core Land Holdings

    0 MAP OF CORE LAND HOLDINGS June 30, 2025 GENESIS | CORPORATE UPDATE iN) =

  25. Slide 25: Airdrie: Bayside & Bayview

    a I i BAYSIDE & BAYVIEW sears) Aaa | H fessed NY y DEVELOPMENT TIMELINE lI u aS } i 4 = Servicing started in 1997 O~ AN Ne = 654 acres serviced (including Canals) BUS D ff / ee : = Target completion in 2029 Boases alt CURRENT INVENTORY i i i = 235 single family lots Ta ia ma = 1 multi-family site (3

  26. Slide 26: Lewiston, N Calgary

    LEWISTON Calgary | DEVELOPMENT TIMELINE = Acquired in 2021 = Servicing commenced in 2020 = 38 acres serviced = Target completion in 2031 = Currently developing: Lewiston Phase 2 CURRENT INVENTORY = 96 acres of undeveloped land {I = Will deliver 635 homes and 7 acres of multi-family and commercial pa

  27. Slide 27: Huxley (Belvedere), NE Calgary

    HUXLEY (BELVEDERE) TE Calgary DEVELOPMENT TIMELINE = Acquired in 2021 = Servicing commenced in 2023 = Target completion in 2036 = Currently developing: Huxley Phase 1 CURRENT INVENTORY = 161 acres of undeveloped land = Will deliver 1,378 homes when fully developed Future | sy a =| 4 UUs af GENESIS |

  28. Slide 28: Logan Landing, SE Calgary

    LOGAN LANDING 9& Calgary DEVELOPMENT TIMELINE = Acquired in 2014 = Servicing commenced in 2023 = 27 acres serviced = Target completion in 2034 = Currently developing: Logan Landing Phase 2 CURRENT INVENTORY = 327 acres of undeveloped land = Will deliver 1,340 homes and 10 acres of multi- family and

  29. Slide 29: Hazel, SE Calgary

    HAZEL 9& Calgary DEVELOPMENT TIMELINE = Acquired in 2024 = Target start year for servicing of 2025 = Target completion in 2036 CURRENT INVENTORY = 160 acres of undeveloped land = Will deliver 1,184 homes and 3 acres of multi-family when completed 104 Steet SE [=== GENESIS | CORPORATE UPDATE nN o

  30. Slide 30: SE Calgary

    SE Calgary ▪ ▪ ▪ ▪ SE Calgary Land Holding ▪ ▪

  31. Slide 31: OMNI, Rocky View County

    OMNI Rocky View County DEVELOPMENT TIMELINE = Target start year for servicing: 2026 = Target completion: TBD CURRENT INVENTORY = 185 acres future commercial site = Effective June 2025, Genesis owns a 100% undivided interest in the land FESTIVAL PLAZA ONE DESTINATION FOR ALL GENESIS | CORPORATE UPDAT

  32. Slide 32: The 425, Rocky View County

    THE 425 Rocky View County CURRENT INVENTORY = 425 acres of future development land (currently seeking land use approvals) = Genesis owns 100% of the property - if m. : i . = < fa) a =) w cf < « co) a « ° ° 2 n i Zz w ° } = ee oo S

  33. Slide 33: Contact Information

    oe CONTACT INFORMAT PS SIDHU,MBA _ ; if President and Chief Executive Officer 0 ‘= ROBiS! IN, CPA; CA Pz Chief Financia Officer Ir rs 6240, 333 - 96 Avenue NE // Calgary, i 0 b> N aN | & , GENESIS |

Genesis Land Development — Q2 2025 Earnings Presentation on 6ix