Major Drilling Renews Buyback Program for Up to 4,111,846 Shares

• Major Drilling renewed its buyback program for up to 4,111,846 common shares, approximately 5% of its outstanding common shares.
• The program runs from October 21, 2026, through October 20, 2027. Repurchased shares will be canceled.
• Purchases will be made at prevailing market prices, with daily TSX purchases generally limited to 54,146 common shares.
• No shares were repurchased under the existing 4,097,159-share authorization as of October 19, 2026, as capital was prioritized for growth opportunities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Major Drilling Group International Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610190700PRIMZONEFULLFEED9848010) on October 19, 2026, and is solely responsible for the information contained therein.