Mr. Jeffrey Ciachurski reports

GREENBRIAR ANNOUNCES DIVIDEND POLICY AND EXPANDED REAL ESTATE PROJECT PIPELINE

Greenbriar Sustainable Living Inc.'s new director, Chris Harvey, has recommended for executive approval, which is granted, a cash dividend policy whereby 35 per cent of the annual free cash flow (FCF) derived from any of the company's projects, specifically at this time Sage Ranch and Montalva, will be distributed to all shareholders through a future annual cash dividend that is in compliance with all standard and customary regulatory policies in both Canada and the United States. Further, starting prices at the company's Cardero Ranch project will be approximately $200,000 (U.S.) for a 650-square-foot starter unit and the corporate terms for the entire project begin at a carried interest of 20 per cent of the FCF net of third source financing. The project is outlined for 3,500 units of mixed use.

In addition, the company is actively engaged to acquire a sizable entry-level housing project in both southern Arizona and Hawaii. Details on the projects will follow.

For new readers of Greenbriar, Mr. Harvey was previously chief executive officer of J.P. Morgan Securities (part of J.P. Morgan Chase (which has AUM of $4-trillion (U.S.)).

Mr. Harvey began his career at J.P. Morgan 39 years ago and helped build out the firm's overall investment banking capabilities. His roles included client banker, head of foreign exchange options and emerging markets derivatives, and then he built an advisory and solution team focused on corporate finance valuation as well as tax and accounting efficiency. He was also responsible for reputational risk for the firm's investment bank in the Americas.

After spending several years as the chief country officer for Japan, Mr. Harvey then ran the wealth management business for all of Latin America, with his final position as the chief executive officer of J.P. Morgan Securities for four years.

Mr. Harvey is from Columbus, Ohio, and holds a degree in economics from Harvard College.

Greenbriar is named as one of the top performers on the TSX Venture Exchange. The 2023 TSX Venture 50 celebrates the strongest performances on the TSX-V over the past year. Comprising 10 companies from each of five industry sectors, the ranking recognizes the strongest performance on the exchange based on market capitalization growth, share price appreciation and trading volume.

The company is extremely proud to have earned a 2023 TSX Venture Top 50 ranking, selected from 1,713 TSX-V public companies. Since inception, Greenbriar has demonstrated its ability to successfully make and develop accretive acquisitions resulting in year-over-year asset growth.

About Greenbriar Capital Corp.

Greenbriar is a leading developer of sustainable real estate and renewable energy. With long-term, high-impact projects and led by a successful industry-recognized operating and development team, Greenbriar targets deep-valued sustainable assets directed at accretive shareholder value.

We seek Safe Harbor.