Safe and Green Development provided business update

Highlights from 2023 and subsequent weeks include: Becoming a publicly traded company listed on the NASDAQ; Received approval to purchase Right of Way Approval at Norman Berry village project in Atlanta, GA and Securing financing for Norman Berry expansion; Acquired XENE Real Estate AI Software; Announced Entry into Contribution Agreement to form a joint venture to develop the Lago Vista property; Entered into a Contract to sell St Mary property for $1.35 million. David Villarreal, President & CEO of SG DevCo, stated, “I am pleased to announce 2023 progressed as we had planned and allowed us to execute on a number of initiatives and business plans we set forth prior to becoming a public company. We believe we have the foundation in place to capitalize on the real estate market from different angles, including but not limited to property ownership which has already resulted in land pre-development, the establishments of joint ventures, profitable land sales and the acquisition of software and technology designed to improve various aspects of the real estate industry.”