Black Diamond Group Limited · TSX:BDI
Black Diamond — LodgeLink — Canaccord Genuity 2026 Annual Growth Conference
17 slides from Black Diamond's conference presentation, August 2026
Slide 1: LodgeLink: The Platform Ecosystem for Workforce Travel
LodgeLink LodgeLink The Platform Ecosystem for Workforce Travel Canaccord Genuity 2026 Annual Growth Conference LodgeLink | August 2026
Slide 2: Forward Looking Statements
Forward Looking Statements Forward Looking Statements This document is a presentation (the "Presentation") that has been prepared by LodgeLink Inc. ("LodgeLink" or the "Corporation") for informational purposes only as of August 2026 and does not constitute an offer or solicitation to sell shares or
Slide 3: The Ecosystem for Workforce Travel
The Ecosystem for Workforce Travel Established and growing platform with extensive ramp-up opportunities (product, verticals, and geography) What We Do 26,000+ o Integrated workforce travel utilizing proprietary workflow software coupled with a robust two-sided marketplace Our Positioning $43.5M o L
Slide 4: Workforce Travel: Why We Undertook This Challenge
Workforce Travel: Why We Undertook This Challenge Workforce Travel: Why We Undertook This Challenge Significant industrial experience of 40+ years birthed the idea of LodgeLink Deep Domain Expertise ‘Boots On Ground’ Experience Constant Customer Feedback Loop Black Diamond Group (BDI:TSX, “BDI”) has
Slide 5: The Problem We're Solving
The Problem We're Solving The Problem We're Solving Highly complex problem with no unified solution Current State 1 Fragmented Search and ▪ Hotels auto sourced by customer’s parameters ▪ Coordinators compare pricing across many channels ▪ Smart systems match options to travel policy and Source ▪ No
Slide 6: Workforce Travel as It Stands Today
Workforce Travel as It Stands Today Fragmented workflow with various functions for a singular project; 3-5 hours of coordination per booking cycle 01 Project 02 Project 03 Travel Planning Manager Planner 04 Traveler 05 Accounting Steps Estimates project Confirm timeline Search across Receives travel
Slide 7: Competitive Landscape
Competitive Landscape TMCs and OTAs do not have the same end-to-end capabilities of LodgeLink TRAVEL MANAGEMENT EMPLOYEE SELF DIRECT HOTEL GROUP LODGELINK COMPANY BOOKING BOOKING Self-serve online ✓ ✓ ✓ Customer service and support ✓ ✓ ✓ ✓ Access to hotels ✓ ✓ ✓ ✓ Access to lodges ✓ Accommodations a
Slide 8: Significant Barriers to Entry
Significant Barriers to Entry A solved complex problem, unique supply, direct connectivity, and embedded workflows create durable insulation from new entrants Complex Problem, Purpose-Built Workforce travel is uniquely complex: large 8+ years of purpose-built development solved it 01 Solution rotati
Slide 9: The Market Opportunity Ahead
The Market Opportunity Ahead1 The Market Opportunity Ahead1 Large runway in existing geographies with future-state regional expansion potential TAM 3 Professional, Electricity, Gas, Public Admin and Target Regions Scientific, Steam, A/C Defense Technical Workforce Travel $46.9B $29.9B $25.2B 3 $174B
Slide 10: Revenue Model
Revenue Model Revenue Model Continued expansion into additional revenue engines (and increased volume) provides incremental margin improvement Current Take Rate of ~12-13% + Incremental Engines = Aspirational Net Revenue Ratio of ~18% ~1% ~3% ~1% ~0.5% ~18% ~12% Point-Of-Sale Intermediaries Intermed
Slide 11: Customers: Who We Serve Today
Who We Serve Today Who We Serve Today Broad industry coverage with large multi-national tier one customer base Industries Energy Construction Utilities Transportation Emergency Customers LodgeLink | August 2026 Note: customer names and logos are trademarks of their respective owners and are solely u
Slide 12: Growing Our Global Footprint
Growing Our Global Footprint Growing Our Global Footprint 26,000+ properties listed, representing 2.5m+ rooms of capacity1 North America Coverage Australia Coverage LL Head Office LL Office LL Property Coverage Sydney, NSW Scottsdale, AZ LodgeLink | August 2026 (1) As at Q2/2026 Page 12
Slide 13: KPI: Total Travel Segments & Room Nights
KPI: Total Travel Segments Room Nights KPI: Total Travel Segments & Room Nights Substantial growth in travel segments over the past five years, recently accelerated by increased air travel TTM Room Nights Sold or Travel Segments Quarterly Room Nights Sold by Geography (in 000’s) (in 000’s) TTM Total
Slide 14: KPI: Net Revenue & Margin
KPI: Net Revenue Margin KPI: Net Revenue & Margin Net Revenue continues to increase YoY with a consistent Net Revenue Margin of 12%+ Quarterly Net Revenue & Net Revenue Margin TTM Net Revenue & Growth Metrics (in C$M) (in C$M) Net Revenue Net Revenue Margin % Net Revenue Growth % 14% 14% 13% 14% 14%
Slide 15: Investment Highlights
Investment Highlights Investment Highlights Category-defining platform – already profitable – compounding in a vast market no traditional travel player has attempted to solve Vast Market, Unsolved Rapid, Compounding Profitable Marketplace Industry-Leading Problem Growth Economics Retention Durable C
Slide 16: Contact Us
Contact Us Contact Us Jason Zhang VP & CFO, LodgeLink jzhang@lodgelink.com O: +1 (403) 206-4739 M: +1 (587) 575-6888 https://www.lodgelink.com/ LodgeLink | August 2026 Page 16
Slide 17: Non-GAAP & Supplementary Financial Measures
Non-GAAP Supplementary Financial Measures Non-GAAP & Supplementary Financial Measures Net Revenue Margin is calculated by dividing net revenue by Total Trade Value for the period. Management believes this ratio is an important sup plemental measure of LodgeLink's performance and profitability and be
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