Elysee Development : Corporate Presentation - October 2023

TSXV: ELC | FRA: QLDN

www.elyseedevelopment.com

October 2023

US Vanadium - Benton, AR

FORWARD LOOKING STATEMENT

This presentation is not a prospectus, offering memorandum, or advertisement or a public offering of securities. This presentation is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities described herein but is solely for purposes of providing information regarding Elysee Development Corp. ("Elysee Development"). No securities commission or similar regulatory authority in Canada has reviewed or in any way passed upon this Presentation, and any representation to the contrary is an offence. The information contained in this presentation does not purport to be all-inclusive or to contain all information that readers may require. Readers are encouraged to conduct their own analysis and reviews of Elysee Development and of the information contained in this presentation.

This presentation is for the confidential use of only those persons to whom it is provided. By their acceptance of this presentation, recipients agree that they will not transmit, reproduce or make available to any other person this presentation or any of the information contained herein.

Certain information included in this presentation, including any information as to future financial or operating performance and other statements that express expectations or estimates of future performance, constitute "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual financial results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and that the forward-looking statements are not guarantees of future performance. Readers are cautioned that while Elysee Development has paid dividends in the past, there is no guarantee that it will pay dividends in the future. The payment of dividends is at the discretion of the board and is subject to the availability of cash, among other factors. Similarly, while Elysee Development has historically had increases in its earning per share and net asset value, there is no guarantee that it will continue to do so - past performance is not indicative of future performance. Elysee Development's performance is subject to numerous risks and uncertainties. Readers are encouraged to review and consider the risk factors set out in Elysee Development's management discussion and analysis available at www.sedar.com. Elysee Development disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements.

NON-IFRS MEASURES

Elysee Development discloses in this Presentation a number of financial measures that are presented using methodologies other than IFRS, including earnings per share ("EPS"), dividend yield and net asset value ("NAV"). Elysee Development uses these measures in managing its business, including performance measurement, and believes it is helpful to readers to supplement their overall understanding of Elysee Development's business. These measures should not be considered a substitute for similar financial measures calculated in accordance with IFRS. Elysee Development cautions that these non-IFRS measures may differ materially from calculations disclosed by other business.

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WHAT IS ELYSEE DEVELOPMENT CORP.?

A diversified investment company specializing in natural resource companies.

Focus on mining and exploration companies. Gold, silver, copper, energy metals.

Access to significant deal flow not open to all investors.

Investments include private placements, convertible debentures and private equity

Has a track record of success in creating significant shareholder value and returning capital to shareholders

Paying dividends since 2013.

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A TRACK RECORD OF

Profitability & Dividend Growth

Earnings and Dividends per Share

$0.20

$0.15

$0.10

$0.05

$-

FY 2013

FY 2014

FY 2015

FY 2016

FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

$(0.05)

$(0.10)

Dividends		Earnings

Paid a total of $0.28 per share in dividends

since 2013

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INCREASED
Shareholder Value	NAV Dividend Payment Dividend Accumulative

$0.80

$0.70

$0.60

$0.50

$0.40

$0.30

$0.20

$0.10

$-

Nov 30 2013

Nov 30 2014

Nov 30 2015

Nov 30 2016

Nov 30 2017

Nov 30 2018

Dec 31 2019

Dec 31 2020

Dec 31 2021

Dec 31 2022

Sep 30 2023

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SHARE PRICE

SINCE 2013

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FORMULA FOR SUCCESS

Experienced management with extensive industry experience and contacts

We are in regular contact with our major investments, monitoring performance

We are flexible due to our size and can respond rapidly to opportunities.

High percentage of insider ownership in excess of 20%: management's interests are aligned with shareholders

Low cash operating costs.

Paid dividends to shareholders since December 2013

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Warrants

1%

Convertible Bonds

11%

ALLOCATION

of Investments

Cash

8%

Portfolio as of September 30, 2023

Cash and Equivalents	$1.0	Million
Equities	$10.5	Million
Warrants	$0.2	Million
Convertible Bonds	$1.5	Million
	$13.2 Million

Net Asset Value (NAV) per Share: $0.465

Equities

80%

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Other Metals

22%

Energy

Related

9%

Technology

8%

Precious Metals

29%

INVESTMENTS

by Sector

(as of September 30, 2023)

Manufacturing

and Services

32%

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PERFORMANCE

OF BENCHMARKS IN 2023

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