Black Diamond Group Limited · TSX:BDI

Black Diamond — Merger or Acquisition (September 2025)

10 slides from Black Diamond's merger presentation, Sep 22, 2025

  1. Slide 1: Acquisition of Royal Camp Services

    ACQUISITION OF September 22, 2025 1 © Black Diamond Group Ltd. All Rights Reserved

  2. Slide 2: Forward Looking Statements

    FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements. The use of the words “anticipate”, “continue”, “estimate”, “expect”, “will”, “project”, “should”, “believe”, “intend” and similar expressions identify forward-looking statements. These statements involve known and unkn

  3. Slide 3: Transaction Summary

    TRANSACTION SUMMARY ROYAL CAMP SERVICES • 34 years as a leading provider of high-quality workforce accommodations and catering services • 580 employees, with over 250 Indigenous employees • ~2,000 units with ~6,500 beds of capacity and three open camps in Northeastern BC PURCHASE PRICE SUMMARY • $16

  4. Slide 4: Strategic Rationale

    STRATEGIC RATIONALE Opportune timing to combine the strengths of these platforms to serve both Black Diamond and Royal’s diverse customer bases and leverage long-term relationships for scalable growth amidst current strong market tailwinds Remote Accommodations & Turnkey Services: opportunity to del

  5. Slide 5: About Royal Camp Services

    ABOUT ROYAL CAMP SERVICES Royal Camp is a remote workforce accommodation and catering company, primarily serving oil & gas, mining and construction industries in Canada with an exceptional reputation. Overview Geographic Presence • High quality fleet of assets, primarily of dormitory and kitchen com

  6. Slide 6: Solid Management Team

    SOLID MANAGEMENT TEAM Strong leadership with deep industry expertise, impressive track records and meaningful client relationships Jon Warren, President Royal Camps • President since 2016 • Over 11 years with the Company Dean Allen, President Summit Camps • President since 2005 • Over 8 years with t

  7. Slide 7: Strong Market Tailwinds

    STRONG MARKET TAILWINDS Strengthening market dynamic is expected to drive increased demand for remote and workforce accommodations assets Nation • Bill C-5 (“One Canadian Economy Act”) passed in June 2025 accelerates internal trade, labour mobility, and nation building projects under the Building Ca

  8. Slide 8: Black Diamond's Canadian Workforce Solutions Business

    BLACK DIAMOND’S CANADIAN WORKFORCE SOLUTIONS BUSINESS On combination, the strength of these complementary businesses is apparent and our ability to support our diversified customer base is elevated through this transaction Industry Diversification • Disaster Relief • Transitional Housing • Mining •

  9. Slide 9: Investor Relations

    INVESTOR RELATIONS investor@blackdiamondgroup.com

  10. Slide 10: Non-GAAP Financial Measures

    NON-GAAP FINANCIAL MEASURES Adjusted EBITDA is not a measure recognized under IFRS and does not have standardized meanings prescribed by IFRS. Adjusted EBITDA refers to consolidated earnings before finance costs, tax expense, depreciation, amortization, accretion, foreign exchange, share-based compe

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