PRESS RELEASE BY THE GARDEN CITY COMPANY*
October 21, 2025
The Garden City Company announced the results of its annual meeting of the stockholders and meeting of the board of directors, both held October 20, 2025.
At the meeting of the stockholders:
· The following persons were elected as directors:
William J. Hybl (Chair)
R. Thayer Tutt, Jr.
Robba Moran
Troy J. Dumler
Lt. Gen. Michael C. Gould USAF (Ret)
William J. Hybl, Jr.
David J. Palenchar
Kyle H. Hybl
Russel T. Tutt IV
· The slides that were presented at the meeting have been posted and are available on www.OTCMarkets.com under the ticker GCCO.
At the meeting of the board of directors, in addition to other items in the ordinary course of business, the following items were approved:
• Election of the following officers:
R. Thayer Tutt, Jr. President and CEO
Troy J. Dumler Sr. Vice President & General Manager
Kyle H . Hybl Vice President
David Cohrs Treasurer
David J. Palenchar Assistant Treasurer
Chris Sohn Secretary
Jessica Heckel Assistant Secretary
Connie Rickard Transfer Agent
• A regular quarterly dividend of $5.00 per share of Common Stock was declared, payable on December 26, 2025, to holders of record on December 22, 2025;
*The common stock of the Garden City Company is traded on the “Pink Limited Information” tier of OTC Markets and trades under the symbol GCCO. The Garden City Company makes information about itself available through the OTC Disclosure and News Service (available on www.otciq.com) under the Alternative Reporting Standard for Pink Limited Information companies.
Forward Looking Statements
Certain statements that we make about The Garden City Company may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future objectives, business prospects, financial results (including expenses, earnings, commodity prices, cash flow and capital expenditures), or market conditions or general economic conditions. Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions. Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements. We caution investors not to rely unduly on any forward-looking statements. We expressly disclaim any obligation to update any forward-looking statement in the event it later turns out to be inaccurate, whether as a result of new information, future events or otherwise.