Quarterly Activities Report

• Ekati operations continued with some performance changes
• Financial restructuring involving subsidiary Arctic Canadian
• Inventory and financial metrics updated as of June 30, 2026

Burgundy Diamond Mines Ltd. (ASX: BDM) released its quarterly activities report for the period ending June 30, 2026. The report highlighted operational performance at Ekati, showing changes in waste and ore tonnes mined, tonnes processed, and carats recovered and sold. Financial metrics included cash, diamond inventories, and consolidated net cash (debt). The report also detailed the restructuring of subsidiary Arctic Canadian, which filed for insolvency protection. Post-quarter events included the appointment of a receiver for Arctic Canadian by the Government of the Northwest Territories.