Genius Group shareholders approve share buyback, share consolidation

Genius Group held an Extraordinary General Meeting today, February 16, 2023. At the meeting, shareholders voted for and passed the following resolutions: The Company Board has approval to execute a share repurchase mandate at such time that they may choose within the next 12 months. The Company Board has approval to execute a share consolidation at such time that they may choose within the next 12 months. Roger Hamilton, CEO of Genius Group, said "The Board thanks Genius Group’s shareholders for empowering Genius Group with additional mechanisms that the Company can use to protect shareholders and enhance shareholder value. At this immediate time, we have not set any timeline for the share buyback and share consolidation. We plan to monitor and assess the situation regularly to action them at the appropriate time."