Orbit Garant Drilling Inc. · TSX:OGD
Orbit Garant Drilling — Investor Presentation (October 2025)
19 slides from Orbit Garant Drilling's investor presentation, October 2025
Slide 1: Investor Presentation
October 2025 INVESTOR PRESENTATION TSX: OGD
Slide 2: Cautionary Statements
Cautionary Statements Forward-Looking Information Certain statements contained herein constitute “forward-looking statements” which reflect the current expectations of management regarding the Company’s future growth, results of operations, performance, business prospects and opportunities based on
Slide 3: Company Overview
Company Overview ~ 1,100 Employees 186 Drill Rigs Underground & Surface Drilling Diversified Business Mix (12 months ended June 30, 2025) Customers Regions Resource Exposure 23% 17% 21% 28% 77% 72% 62% Juniors Majors & Intermediates International Canada Copper Gold Other Base Metals 3
Slide 4: Our Competitive Strengths
Our Competitive Strengths Long-standing customer relationships with leading global mining companies Innovator in technology deployment and specialized drilling (surface and underground) Solid balance sheet provides financial flexibility Strong market opportunities 4
Slide 5: Strong Customer Relationships with Global Mining Companies
Strong Customer Relationships with Global Mining Companies Core competitive strengths support long-term customer relationships 5
Slide 6: Full Service Offering with Expertise in Specialized Drilling
Full Service Offering with Expertise in Specialized Drilling Surface Underground Specialized Drilling • Standard diamond coring / core rod • Standard rod / core rod • Drilling projects that are in remote • Standard / reverse circulation and locations or, because of the scope, • AWL - HWL calibre gra
Slide 7: Strategic Plan Delivering Results
Strategic Plan Delivering Results Revenue Adjusted EBITDA 1 Adjusted Gross Net Earnings 2 ($ millions) ($ millions) ($ millions) Margin 1 50.0 6.7 21.5% 48.4 47.2 6.2 20.2% 2.9 45.3 43.5 19.7% 5.5 5.5 17.8% 16.5% 4.5 2.2 1.9 0.5 -2.3 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q4 24
Slide 8: Fiscal 2025 Financial Review
Fiscal 2025 Financial Review ($ millions, except margin % and per Year ended Year ended share amounts) June 30, 2025 June 30, 2024 Revenue 189.1 181.2 Gross profit 28.3 21.2 Adjusted EBITDA1 21.7 14.7 Adjusted Gross Margin1 19.5% 15.9% G&A expenses 16.7 16.4 Net earnings (loss) 7.5 (2.4) Net earning
Slide 9: Solid Balance Sheet
Solid Balance Sheet As at June As at June ($ millions) Improving Debt to Adjusted EBITDA Ratio 30, 2025 30, 2024 25 4.00x 22.9 Total assets 130.6 119.9 21.3 21.7 3.50x Total Debt / Adjusted EBITDA Ratio Adjusted EBITDA LTM ($millions) Total current liabilities 32.5 27.0 20 17.9 3.00x 16.3 Long-term
Slide 10: Declining Gold Reserves Driving Need for Future Drilling
Declining Gold Reserves Driving Need for Future Drilling Major Gold Producers’ Years of Reserves Remaining, 2010 vs. 2019 2010 years remaining 2019 years remaining The mineable reserves of most senior gold producers have dropped sharply, driving the need for significant spending on exploration and m
Slide 11: Solid Global Exploration Budgets
Solid Global Exploration Budgets Annual nonferrous exploration budgets, 1997-2024 20,000 • 2024 aggregate global nonferrous Exploration Budget (US$ millions) exploration budgets were an estimated US$12.5 billion 15,000 ♦ ~3% decline from 2023 levels • Third highest annual level since 2013 despite sl
Slide 12: Supportive Commodity Prices
Supportive Commodity Prices Gold Price (USD$) (September 29, 2025) Copper Price (USD$) (September 29, 2025) • Spot gold price reached record highs above ~US$3,800 per • Copper traded at record highs near US$5.90 per pound in ounce in September 2025 July 2025 • Current price of gold (~US$3,825) has m
Slide 13: Capacity Available to Deploy Drilling Equipment
Capacity Available to Deploy Drilling Equipment (Average Annual Utilization Rate %) 90% 80% 70% 69% Optimal utilization rate of 62% 63% 60% 58% 56% 54% 58% 59% 55% 57% ~80% 50% 45% 43% 40% 40% 35% Targeting near-term 30% utilization rate of 20% 10% 386* ~70% 0% 2012 2013 2014 2015 2016 2017 2018 201
Slide 14: Investment Highlights
Investment Highlights • Industry leader in mineral drilling innovation and specialized drilling (underground & surface) • Comprehensive infrastructure with turn-key customer solutions and vertically-integrated manufacturing operations • Long-term relationships with leading senior and intermediate mi
Slide 15: Appendix
APPENDIX ORBIT /|()GARANT DRILLING
Slide 16: Capital Market Profile
Capital Market Profile ANALYST COVERAGE: TSX: OGD Recent close (October 1, 2025): $1.72 52-week high / low: $1.91 / $0.58 Market Cap: ~$66 million Shares Outstanding: 37,749,840 Fully Diluted: 39,732,840 Institutional / retail: ~ 40% / 60% (float) Management own approximately 23% of shares outstandi
Slide 17: Board of Directors
Board of Directors • More than 30 years of experience in capital markets, including senior roles in institutional sales André Pagé ¹ ² • Former Managing Director at Desjardins Capital Markets Chair of the Board • Former Managing Director for Institutional Sales at BMO Capital Markets Pierre Alexandr
Slide 18: Senior Management
Senior Management • Joined Orbit Garant in 2010 • Appointed President & CEO in December 2024 Daniel Maheu • Previously served as Orbit Garant’s Chief Financial Officer (2021 – 2024) President & Chief Executive Officer • Held management positions at transport companies from 1998 to 2010, including Co
Slide 19: Reconciliation of Non-IFRS Financial Measures
Reconciliation of Non-IFRS Financial Measures (unaudited) Q4 2025 Q4 2024 Fiscal 2025 Fiscal 2024 (in millions of dollars) • “EBITDA” and “Adjusted EBITDA”: EBITDA is defined as net earnings Net earnings (loss) for the period 2.2 (2.3)(2) 7.5 (2.4)(2) (loss) before interest, taxes, depreciation and
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