Genius Group Limited (NYSE:GNS) ("Genius Group", "GNS" or the "Company"), a leading AI-powered education group, today announced that it has returned and cancelled 20,000,000 Class A Ordinary Shares in relation to shares issued under the Company's Asset Purchase Agreement with Entrepreneur Resorts Ltd ("ERL"). The amount of shares cancelled is equivalent to 16% of the Company's public float.

Today's cancellation follows the Company's repurchase and cancellation of 6,600,000 Class A Ordinary Shares announced on June 12, 2026. Taken together, the two actions have reduced the Company's issued share capital by 26,600,000 shares this week, equivalent to approximately 22% of the Company's public float.