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Investor Presentaiton

COVID-19 Update Drilling activity in Canada has returned to pre-pandemic levels FORAGE ORBIT GARANT DRILLING Operations in Ontario and Quebec have continued without significant disruption during calendar 2021 amid provincial lockdown orders Drilling activity in West Africa has increased significantly in recent months, while activity in Chile remains below pre- pandemic levels Planning to expand drill fleet in West Africa to accommodate increased demand Seeing increased opportunities in Chile, and scheduled to commence work on a new project in the country during Q3 2021 Precautionary health and safety measures implemented across OGD's operations Implemented cost reduction measures Reduced capital expenditures and inventory purchases, while implementing a program to progressively reduce overall inventory levels 。 Postponed non-essential expenses o Temporary 15% reduction in renumeration for senior management team and directors Continuing to manage variable cost structure and cash to support a reduced level of operations in certain regions, while maintaining the flexibility required to adapt to any increase in COVID-19 related restrictions, or to resume more normalized overall operations Recorded a benefit of $3.6 million related to the Canada Emergency Wage Subsidy program during Q4 2020, a benefit of $2.6 million during Q1 2021, and a smaller benefit of $0.2 million in Q2 2021 Increased financial flexibility through amended financing agreements with lenders, $1.7 million of loans secured by Chilean subsidiary in May 2020, and a $5.7 million reduction in debt and lease liabilities in Q2 2021 Orbit Garant considers the health & safety of its personnel and the communities in which it operates to be a top priority INVESTOR PRESENTATION - MARCH 2021 20
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