Orbit Garant Drilling Inc. · TSX:OGD
Orbit Garant Drilling — Investor Presentation (October 2026)
24 slides from Orbit Garant Drilling's investor presentation, October 2026
Slide 1: Investor presentation
Investor presentation October 2026 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 ~ 1,300 Employees 180 Drill Rigs Underground & Surface Drilling Expertise Diversified Business Mix (Revenue contribution for fiscal year ended June 30, 2026) Customers Regions Resource Exposure 7% 26% 27% 30% 74% 70% 66% Juniors Majors & Intermediates International Canada Copper Gol
Slide 4: Competitive Strengths
Competitive Strengths • Canadian-based mineral driller focused primarily on gold projects in Canada • Growing presence in Chile (copper) • Combined surface and underground drilling expertise / focus on specialized drilling • Industry leader in technology innovation • Vertically-integrated manufactur
Slide 5: Mineral Drilling Services
Mineral Drilling Services 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 grade control complexity or technical
Slide 6: Technology Leader
Technology Leader Computerized Monitoring and Control Technology Performance Highlights Additional Benefits • Greater accuracy • Real-time, remote monitoring • Improved productivity (+30%) of drilling progress for customers • Fewer consumables • Ability to view core samples remotely • Rig components
Slide 7: Vertically Integrated Manufacturing Operations
Vertically Integrated Manufacturing Operations • Ability to design and manufacture custom drill rigs and equipment for customers at a competitive cost with faster delivery • In-house drill rig maintenance / modification supports optimum utilization rates and performance • Key to continuous innovatio
Slide 8: Strong Relationships with Leading Mining Companies
Strong Relationships with Leading Mining Companies Core competitive strengths support long-term customer relationships Investor Presentation – October 2026 7
Slide 9: Q4 2026 Financial Review
Q4 2026 Financial Review Revenue Adjusted EBITDA 1 Adjusted Gross Net Earnings ² ($ millions) 57.2 ($ millions) Margin 1 ($ millions) 51.4 47.2 46.7 47.9 20.2% 18.5% 2.2 5.5 5.1 17.0% 13.6% 3.7 3.6 1.3 10.3% 1.4 0.3 -1.2 -1.9 Q4 25 Q1 26 Q2 26 Q3 26 Q4 26 Q4 25 Q1 26 Q2 26 Q3 26 Q4 26 Q4 25 Q1 26 Q2
Slide 10: 2026 Financial Review
2026 Financial Review ($ millions, except margin % and per Fiscal year ended Fiscal year ended share amounts) June 30, 2026 June 30, 2025 Revenue 203.2 189.1 Gross profit 19.7 28.3 Adjusted EBITDA1 13.7 21.7 Adjusted Gross Margin1 14.7% 19.5% G&A expenses 18.2 16.7 Net earnings (loss) (1.5) 7.5 Net
Slide 11: Balance Sheet
Balance Sheet ($ millions) As at June 30, 2026 As at June 30, 2025 Total assets 164.0 130.6 Total current liabilities 56.6 32.5 Long-term debt and lease liabilities 38.9 29.7 Total shareholder equity 68.6 68.4 Working capital 48.7 50.4 Debt to Adjusted EBITDA 1 2.46 1.21 386* 1) This is a non-IFRS m
Slide 12: Global Mineral Exploration Spending
Global Mineral Exploration Spending Annual nonferrous exploration budgets, 1997-2025 20,000 • 2025 aggregate global nonferrous Exploration Budget (US$millions) exploration budgets are an estimated US$12.4 billion 15,000 ♦ ~0.6% decline from 2024 levels • Higher budgets for gold, copper and silver of
Slide 13: Declining Major Gold Discoveries Driving Increased Exploration Spending
Declining Major Gold Discoveries Driving Increased Exploration Spending Major Gold Discoveries vs. Exploration Spending, 1990 –2025 Major gold discoveries Gold exploration spending The decline in major gold discoveries is driving increased exploration spending in remote areas and / or at greater dep
Slide 14: Improving Mining Financing Environment
Improving Mining Financing Environment Quarterly Financing Activity in Mining Sector, 2023 - Q2 2026 Majors Juniors Others Intermediates Federal Funds Target Rate Capital raised increased ~146% in 2025 compared to 2024, with continued increases to date in 2026, providing mining companies with access
Slide 15: Historically High Commodity Prices
Historically High Commodity Prices Gold Price (USD$) (October 19, 2026) Copper Price (USD$) (October 19, 2026) • Spot gold price reached record highs above US$5,500 per • Copper is currently trading at record highs above US$6.50 ounce in January 2026 per pound • Current price of gold (~US$4,185) has
Slide 16: Available Capacity to Deploy Drilling Equipment
Available Capacity to Deploy Drilling Equipment (Average Annual Utilization Rate %) 90% 80% Optimal utilization rate of 69% 70% 58% 62% 58% 63% 59% 64% ~80% 60% 56% 54% 55% 57% 50% 45% 43% 40% Near-term target utilization rate 40% 35% 30% ~70% 20% 386* 10% 0% 2012 2013 2014 2015 2016 2017 2018 2019
Slide 17: Investment Highlights
Investment Highlights • Industry leader in innovation and specialized drilling (underground & surface), with vertically integrated manufacturing operations • Long-term relationships with leading senior and intermediate mining companies • Historically high gold and copper prices and improved sector f
Slide 18: Appendix
Appendix FORAGE ORBIT GARANT DRILLING
Slide 19: Capital Market Profile
Capital Market Profile TSX: OGD Recent close (October 15, 2026): $1.22 52-week high / low: $2.48 / $0.91 Market Cap: ~$46.7 million Shares Outstanding: 38,251,439 Fully Diluted: 40,019,939 Institutional / retail: ~ 40% / 60% (float) Management own approximately 23% of shares outstanding, providing s
Slide 20: Health & Safety / Environmental Practices / Driller Training
Health & Safety / Environmental Practices / Driller Training • Health & Safety / Environmental Practices align with, or exceed, the strict requirements of senior mining companies • Driller training program based in Val-d’Or, Québec • Ongoing training for: • new technologies, • drilling techniques, •
Slide 21: 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 22: 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 23: Reconciliation of Non-IFRS Financial Measures
Reconciliation of Non-IFRS Financial Measures • “EBITDA” “Adjusted EBITDA” and “Adjusted EBITA (unaudited) Q4 2026 Q4 2025 Fiscal 2026 Fiscal 2025 Margin”: EBITDA is defined as net earnings (loss) before (in millions of dollars) interest, taxes, depreciation and amortization. Adjusted Net (loss) ear
Slide 24: Reconciliation of Non-IFRS Financial Measures
Reconciliation of Non-IFRS Financial Measures • “Adjusted gross profit”: Adjusted gross profit is defined as (unaudited) Q4 2026 Q4 2025 Fiscal 2026 Fiscal 2025 gross profit excluding depreciation, and gain on disposal (in millions of dollars) of property, plant and equipment. Adjusted gross margin
Orbit Garant Drilling — Investor Presentation (October 2026) on 6ix