ELYSEE Earns $5,370,391 ($0.19 per Share) During Three Months Ended September 30, 2025

Vancouver, British Columbia--(Newsfile Corp. - November 4, 2025) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) (the "Company") is pleased to announce its unaudited financial results for the nine and three months ended September 30, 2025 ("Q3 2025"). All dollar amounts are in Canadian funds.

Financial highlights for the period ending on September 30, 2025 include:

• Increase in Net Asset Value ("NAV")* to $0.72 per share from $0.53 on June 30, 2025;
• Net income of $5,370,391 ($0.19 per share) in Q3 2025;
• Net income of $8,316,859 ($0.29 per share) for the nine month period ended September 30,2025;
• Cash on hand as of September 30, 2025 of $5,027,582.

Guido Cloetens, President and CEO of Elysee Development Corp., commented:

"The third quarter of 2025 was our best quarter ever, with net earnings of $5,370,391, or 19 cents per share.

"Since the start of the year our NAV* increased by approximately 70% from $0.42 per share to $0.72 per share on September 30, 2025.

"At the end of Q3 our portfolio was 36% invested in precious metals miners, 25% in other metals, 5% in energy-related companies, 11% in private companies and we held 23% in cash and cash equivalents.

"The third quarter saw the acceleration and broadening of a trend that started in early 2025, with robust demand for precious metals resulting in rising share prices for the majority of mining companies. In recent months we noticed that share prices of development companies and small producers are gaining traction as well, with many developers and exploration companies raising new capital.

"The M&A trend is also continuing. Several of our investee companies received take-over offers in recent months, with MAG Silver being acquired by Pan America Silver during Q3 2025. On October 31, 2025 Fresnillo PLC announced an offer to acquire Probe Gold Inc. for $780 million, a 39% premium to its recent share price. Elysee has a significant investment in Probe Gold."

On September 30, 2025 our cash position was $5 million and has now increased to more than $6.8 million ($0.24 per share) as of October 31, 2025. In line with our policy of returning cash to shareholders whenever prudent to do so, the Company will be paying a dividend of $0.01 per share on November 21, 2025 to shareholders of record on November 10, 2025, which is also the ex-dividend date.