ELYSEE Declares Dividend of One Cent ($0.01) per Share

Vancouver, October 23, 2025 - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) is pleased to announce that the Company's strong recent performance enables it to return cash to its shareholders and, in this regard, the board of directors has declared a special dividend of one cent ($0.01) per common share on the company's common shares.

This dividend is to be paid on November 21, 2025 to shareholders of record on November 10, 2025 and is an eligible dividend for Canadian income tax purposes.

The Company expects to finalize and file the Interim Financial Statements for the Third quarter ended September 30, 2025 in early November 2025.

For more information on Elysee Development Corp., please visit our web site at www.elyseedevelopment.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, oral or written, made by itself or on its behalf, except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271528