Genius Group Announces Approval And Initiation Of 20% Share Buyback Of 1M Shares At An Average Price Of $1.30/Per Share

Genius Group Limited (NYSE:GNS) ("Genius Group" or the "Company"), a leading AI-powered, Bitcoin-first education group, today announced that further to receiving shareholder and board approval for a share buyback of up to 20% of the Company's issued ordinary shares, on July 9, 2025 the Company bought back one million shares of its stock on the open market at an average price of $1.30 per share.

At Genius Group's Annual General Meeting (AGM) on July 7, 2025, Company shareholders voted 98.8% in favor of a proposed share buyback mandate which authorizes the Board to buy back up to 20% of the Company's issued ordinary shares at any time over the next twelve months or until the Company's next AGM.

Further to the shareholder approval, on July 8, 2025, the Company's Board passed a resolution authorizing the CEO to execute the share buyback for up to 100% of the total shareholder approved buyback limit of up to 20% of the Company's issued Class A Ordinary Shares, in such manner, proportion and timing as he deems most appropriate to preserve shareholder value.

On July 9, 2025, the Company's CEO, Roger Hamilton, executed a buy back of one million shares of the company's ordinary shares at an average price of $1.30 per share.

The one million repurchased shares represent 7% of the permitted shares to be repurchased based on the approved share buy back mandate. The repurchased shares have been returned to the Company's treasury.

In executing the buy back, the Company and the Company's broker followed the guidelines in Rule 10b-18 and Rule 10b-5 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), to ensure compliance and a non-exclusive safe harbor in relation to the repurchase of its shares.

The Company may elect to execute further buy backs within the parameters of its approved mandate in such manner, proportion and timing as it deems most appropriate to preserve shareholder value based on economic and market dynamics, together with the Company's share price relative to the Company's current and anticipated enterprise value and net asset value.