Foraco International Sa · TSX:FAR

Foraco International Sa — Investor Presentation (August 2026)

22 slides from Foraco International Sa's investor presentation, August 2026

  1. Slide 1: Foraco International S.A. Investor Presentation

    Foraco International S.A. A Global Drilling Leader Positioned for the Next Mining Growth Cycle Investor Presentation August 2026 | TSX:FAR

  2. Slide 2: Forward-Looking Statements

    TSX:FAR | foraco.com Forward-Looking Statements Certain statements herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information inclu

  3. Slide 3: Foraco at a Glance

    TSX:FAR | foraco.com Foraco at a Glance Company Highlights Operational Overview Founded in 1961 • Specializing in complex and remote drilling operations ~65 years in operation Mining • Focused on delivering turnkey, advanced techniques Segment • Leverage to gold and critical minerals demand ~2,200 E

  4. Slide 4: Why Now: Macro Tailwinds & De-Risked Growth Path

    TSX:FAR | foraco.com Why Now: Macro Tailwinds & De-Risked Growth Path Inflecting Mining Activity Levels Differentiated Platform Supports Growth • Gold and copper at/near record prices • Established global mineral drilling platform support increased drilling activity reduces growth capital requiremen

  5. Slide 5: Key Commodities Reaching Record Prices

    TSX:FAR | foraco.com Key Commodities Reaching Record Prices Record Gold Prices Factors Driving Price Gains: $5,000 $4,000 ➢ Geopolitical uncertainty/tensions USD / oz $3,000 $2,000 ➢ Central bank purchases $1,000 $- ➢ Inflation ➢ US government debt / currency debasement Year Ended December 31 Record

  6. Slide 6: Inflecting Mining Activity Levels

    TSX:FAR | foraco.com Inflecting Mining Activity Levels 2025 Drilling Activity Junior/Intermediate Mining Financings Rebounded in 2025 + 30% Financings $25.0 YoY Increase in total Junior and intermediate miner financings reported drillholes $20.0 +109% + 49% $15.0 YoY Increase in Gold (US$M) reported

  7. Slide 7: Exploration Spending Remains Well Below Prior-Cycle Peaks

    NY1 Exploration Spending Remains Well Below Prior- TSX:FAR | foraco.com Cycle Peaks — Significant Runway Remains 2003 - 2008 2009 - 2013 2014 - 2019 2020 - 2025 Drivers 2026+ Demand growth Global financial Tapering of COVID-19 Increasing 2025 from emerging crises & stimulus programs stimulus prompte

  8. Slide 8: Record Backlog Provides Growth Visibility

    TSX:FAR | foraco.com Record Backlog Provides Growth Visibility Year-End Year-End BacklogBacklog & Fiscal & Fiscal Revenue Revenue Backlog Revenue $700 1-year lag correlation coefficient between $600 backlog and revenue of 0.86 since 2010 $500 $418 $420 $400 $404 US$M $342 $342 $333 $289 $300 $261 $2

  9. Slide 9: Rising Utilization Rate To Expand Margins

    TSX:FAR | foraco.com Rising Utilization Rate To Expand Margins Trend: Utilization Rate Closely Tracks Backlog; EBITDA Margin Lags Utilization By ~1 Year Utilization Rate EBITDA Margin Backlog Higher Backlog Higher Utilization 100% $1,000 • Historically, backlog and utilization Decrease is a function

  10. Slide 10: Anchored Growth: A De-Risked Growth Plan

    TSX:FAR | foraco.com Anchored Growth: A De-Risked Growth Plan Increase Utilization Rate By Deploying Existing Rigs With Targeted Growth Capex Requirements Focus on low-risk Increase exposure to Strengthen leadership Continue to jurisdictions & Tier-1 precious & critical in high-margin water differen

  11. Slide 11: Established Global Mineral Drilling Platform

    TSX:FAR | foraco.com Established Global Mineral Drilling Platform Worldwide Footprint Focused in Stable Regions Modern & Diversified Drilling Fleet 260 Drill rigs 166 Diamond 60 Rotary1 & RC 34 Underground • Current market value of equipment estimated at US$250M • Existing fleet supports utilization

  12. Slide 12: Diversified Revenue Exposure Reduces Risk

    TSX:FAR | foraco.com Diversified Revenue Exposure Reduces Risk FY 2025 Revenue of US$258M Revenue by Customers Revenue by Geographies Revenue by Commodities 12% 10% 11%2% 24% 35% 22% 14% 14% 18% 33% 17% 88% North America Asia Pacific Copper Gold Water Nickel Majors Junior South America EMEA Iron Ore

  13. Slide 13: Long-Term Relationships With Tier-1 Clients

    TSX:FAR | foraco.com Long-Term Relationships With Tier-1 Clients Primary Customers Why We Win ✓ Loyal Customer Base: ~70% of revenue comes from contract renewals in place for 10+ years ✓ Multi-Commodity Contracts: Capacity to deliver comprehensive solutions worldwide ✓ One-Stop-Shop Accountability:

  14. Slide 14: Providing Critical Services In Critical Stages

    TSX:FAR | foraco.com Providing Critical Services In Critical Stages Mining Services Overview Life of a Mine Exploration Project Phase Life of a Mine Early stage Projects Minesite 25% 35% 40% Industry Activity by Segment Water Drilling and Management Services 100% • Target Project & Life of Mine phas

  15. Slide 15: One-Stop-Shop & Value-Add Solutions

    TSX:FAR | foraco.com One-Stop-Shop & Value-Add Solutions Mining Segment Water Segment Exploration Drilling Development Drilling Underground Drilling Water Management Early-stage drilling in complex Large-scale drilling to define In-mine drilling for grade control Water well drilling and hydro enviro

  16. Slide 16: Innovation Track Record

    TSX:FAR | foraco.com Innovation Track Record • 2015: Pioneered first wireless remote RC rig with fully featured Measure While Drilling (MWD) • 2017: Awarded DMIRS Engineering Award of Merit • 2019: Introduced next-generation of remote RC (functional isolation / electronic exclusion zones) • 2023: Ne

  17. Slide 17: Financial Performance & Analyst Estimates

    TSX:FAR | foraco.com Financial Performance & Analyst Estimates Revenue (US$M) Gross Profit (US$M) and Gross Profit (%) Revenue 100 Gross Profit 30% 80 Gross Margin 25% 24% 25% 21% 20% 60 18% 17% 18% 370 94 15% 16% 15% 331 293 285 305 40 270 258 71 70 10% 207 20 47 46 44 48 38 5% 0 0% 2020 2021 2022

  18. Slide 18: Balance Sheet & Capital Allocation Plan

    TSX:FAR | foraco.com Balance Sheet & Capital Allocation Plan Balance Sheet Position & Leverage Capital Allocation Priorities US$M Q2 2026 Cash Balance $17.3  Maintain minimum cash balance of US$30M Total Debt $103.0 Net Debt $85.7  Keep gross debt / NTM EBITDA <1.0x LTM EBITDA $47.4 Net Debt / EBI

  19. Slide 19: Strong Focus on ESG & Sustainability

    TSX:FAR | foraco.com Strong Focus on ESG & Sustainability Significantly reducing relevant climate change SASB Comply with SASB Sustainability Accounting metrics: Standards: Metals and Mining 2018-2020 CO2 and energy evolution (Scope 1&2) YoY variance Energy consumed ✓ -17% (kGj) Carbon intensity ✓ -

  20. Slide 20: Management & Board

    TSX:FAR | foraco.com Management & Board Management Team Agile business model informed by diverse managerial experiences Timothy Bremner Fabien Sevestre CEO CFO 40+ years Focus on innovation, safety 25+ years 2006 2001 and environmental awareness Board of Directors Jean-Pierre W. Warren Daniel Jorge

  21. Slide 21: Investment Highlights & Capitalization

    TSX:FAR | foraco.com Investment Highlights & Capitalization Global mining activity rebounded in 2025 across Capital Structure (August 4, 2026) 1 drilling, financing, and exploration budgets Ticker Symbol FAR.TO Last Price C$2.34 Exploration budgets remain well-below historical Average 3-Month Daily

  22. Slide 22: For more information please contact

    TSX:FAR | foraco.com For more information please contact: Foraco Investor Relations E: ir@foraco.com T: (705) 495-6363 22

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