IIBA Newsletter (April - September 2025)

Page 1


Investing in People. Building for the Future.

Strengthening Partnerships

April - September 2025

Season at Sea 2025 Shipping Season

See Page 3

Engaging Communities

Federal Government Consultation Tour

See Page 5

A Discussion with the PM

Mark Carney meets Baffinland & Local 793

See Page 12

Steensby Baseline Studies

Enhancing Environmental Knowledge

See Page 17

LETTER FROM BAFFINLAND LEADERSHIP

The 2024 Season Begins

The period from April to September is always one of the busiest and most productive times for Baffinland Our operations at the mine and through the shipping season rely on strong partnerships built through the IIBA These partnerships remain central to how we operate and measure success, and they help ensure the benefits of the Mary River Project are shared with Inuit communities

This year, I am encouraged by the continued progress we have made together Inuit employees are taking on more senior positions across the company, and programs such as the Shipping Monitor initiative and community training sessions continue to strengthen skills, experience, and leadership capacity in our communities These achievements reflect the shared commitment to ensuring that the benefits of the project are meaningful and long-lasting

At the same time, the business environment remains challenging which has created ongoing pressure on both revenue and cash flow These market conditions, combined with the realities of financing large-scale projects like Steensby, require disciplined management of all costs and careful planning to ensure the project’s longterm viability

Financing for major projects depends on maintaining a strong and sustainable balance between revenue, cash flow, and operating costs To move Steensby forward, we must make every decision count Acute awareness of costs, continued operational efficiency, and further improvements in productivity through 2026 will be essential to support financing and ensure that the project can proceed responsibly

As part of this focus, 2026 will also be a year of integration - bringing IIBA compliance more fully into our mainline operations This integration will strengthen how we deliver on commitments, improve coordination across departments, and ensure that implementation remains efficient and sustainable. Over time, the scope and scale of IIBA activities have grown substantially, and managing that growth responsibly will help ensure the benefits continue to reach communities effectively and for the long term.

This focus on financial discipline is not about doing less, but about doing things smarter while continuing to deliver on safety, environmental stewardship, and community commitments. I want to thank all our Inuit partners, employees, and communities for your continued collaboration and guidance.

Your partnership remains essential to building a resilient, responsible, and sustainable future for the project and for the North.

Regards,

BAFFINLAND STATISTICS

PAYROLL BY COMMUNITY

IIBA NEWSLETTER April

2025 SHIPPING SEASON

The Start of the 2025 Shipping Season

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Baffinland officially started the 2025 shipping season on July 30 This season, as in previous years, we implemented measures to reduce vessel noise and to mitigate potential impacts on the sensitive species in these waters Our mitigation measures include reducing vessel speeds to minimize noise and disturbance, implementing a designated marine shipping lane, avoiding ecologically sensitive areas, and scheduling vessel transits

to avoid breaking ice at the beginning of the shipping season We also require vessels to maintain minimum distances from marine mammals and to follow strict protocols

Again this year, Baffinland hired a team of Inuit Shipping Monitors based in Pond Inlet They received full training and were focused on providing regular and continuous information of Baffinland vessels on social media and to

Inuit Shipping Monitors

the community throughout our entire shipping season

We safely loaded 49 ore-carrying vessels, including 4 Capesize and 2 Baby Capesize ships with zero safety incidents At Baffinland, the safety of our staff is our top priority and is a core value that guides every aspect of our operation

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The team, loc second floor o building in Po trained to prov on vessel loca activities throu shipping seas media and VHF radio

The role of a Shipping Monitor is to actively observe and monitor all vessels travelling to and from Milne Inlet, and provide daily updates to the community They also report any deviations from

y g g measures, such as ships going above our self-imposed 9 knot speed limit The Shipping Monitors serve as a direct link between the community and Baffinland, providing information about our mitigation and management measures, and addressing

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This year’s team included returning members and some new faces We are committed to offering training and employment opportunities to support Nunavummiut in building meaningful careers

BAFFINLAND IN YOUR COMMUNITY

This year, the Hamlet of Pond Inlet celebrated its 50th anniversary Members of Baffinland’s Community & Strategic Development Team were honoured to join the festivities on April 1 and celebrate this milestone alongside community members and dignitaries Joseph Tigullaraq, Head of Northern Affairs at Baffinland, was honoured to have the opportunity to speak during the ceremony He reflected back

on his experiences as well as the community’s history and achievements over its 50-year journey

Baffinland also sponsored the event, providing a Country Food Feast which included char, walrus and clams, as well as a Coleman Stove and a Thermos Bottle as prizes for the games

We appreciate the opportunity to celebrate Pond Inlet and its community We look forward to

continuing our important relationship with the Hamlet for generations to come Happy 50th Anniversary!

Baffinland senior staff were in Igloolik in May for a series of meetings with the Igloolik Working Group and the Hunters and Trappers Organization (HTO) to continue our ongoing discussions about the planned Steensby Component of the Mary River Project

The meetings included representatives from the Qikiqtani Inuit Association (QIA) and the Mayor of Pond Inlet The group gathered to discuss our plan to build a railway south to Steensby Inlet, along with and a new deepsea port Key topics discussed over the two-days included permitting, shipping, environmental mitigation measures, regulatory review process and more Paul Quassa, Megan Lord-Hoyle, and Lou Kamermans from Baffinland answered questions

and heard feedback from those in attendance

At Baffinland, we are committed to communication, transparency and collaboration

with our Inuit partners and community stakeholders We look forward to continuing these discussions as we move ahead with the Steensby Component

Celebrating the 50th Anniversary of Pond Inlet
Meeting with Igloolik Working Group & HTO

Federal Government’s Community Consultation in Igloolik

Baffinland participated in the Federal Government’s Community Consultation meeting in Igloolik in June Government agencies led the two-day meeting focusing on the Steensby Component of the Mary River Project Baffinland staff from our head office and Northern Affairs team joined the discussions and answered questions around our plans to build a deep-sea port at Steensby Inlet, and adjoining railway to the Mine Site

Meeting participants included the Igloolik Working Group, the

Baffinlan

‘Safety First, Always’ isn’t just a slogan at Baffinland - it’s a key responsibility we carry on Site and in the communities around us That commitment was put into action this past summer when our Emergency Response Team (ERT) assisted in two critical rescue operations in North Baffin

Mayor of Igloolik, community members and representatives from the Igloolik Hunters and Trappers Organization (HTO), Qikiqtani Inuit Association (QIA), Canadian Northern Economic Development Agency (CanNor), Crown-Indigenous Relations and Northern Affairs Canada (CIRNAC), Fisheries and Oceans Canada (DFO), Northern Projects Management Office (NPMO), Canadian Transportation Agency (CTA) and Transport Canada

We extend our thanks to the federal government for hosting these meetings, and to all participants who took the time to discuss the important details of

the Steensby Component At Baffinland, we are committed to fostering strong partnerships with Inuit communities and all Project stakeholders.

Our Site ERT quickly responded when we were asked to transport a sick child needing urgent medical air transportation, from a remote camp site over 100 kilometres from the closest community to a medical facility Our support team arrived by helicopter with first aid support and medical supplies We airlifted the child and its family to a clinic where medical staff were waiting

In a separate situation, Baffinland’s ERT took part in an air search for a

missing person on the land

In this instance, the use of the helicopter allowed the operation to quickly search an extended area that had treacherous terrain, cliffs, and mountains making it near impossible to search on foot

Because of our remote location at the northern tip of Baffin Island, the Mary River Mine is equipped with key infrastructure such as a runway, a refuelling

station a medical facility deep sea port, and a heavy machinery maintenance site with resources that make us well prepared to respond in times of need

While our main focus is mining Nunavut’s high-grade iron ore, we remain committed to doing our part to provide critical support when emergencies arise in our neighbouring communities

IIBA NEWSLETTER

Pre-Shipping Meeting with Pond Inlet Hamlet Council

At Baffinland, we prioritize transparency and sustainable development, and are committed to engaging and collaborating with Inuit partners and all Project stakeholders As part of this commitment, our Sustainable Development team met with the Pond Inlet Hamlet Council over the summer to discuss details of the 2025 Shipping Season The group reviewed the many mitigation measures Baffinland has in place to reduce the impacts during the shipping season

These measures include limiting vessel speeds to nine

knots to minimize noise and disturbance, maintaining safe distances from marine mammals, using fixed routes and a designated marine shipping lane, avoiding ecologically sensitive areas, using convoys when possible, and more

To keep the community informed, Community Relations Guide Caleb Sangoya provided a shipping update on the local radio Baffinland has also hired a team of eleven Inuit Shipping Monitors based in Pond Inlet to provide round-the-clock updates on vessel locations and activities throughout the season via social

media and VHF radio We thank everyone who participated in these important discussions

HAPPENING AT MARY RIVER & MILNE INLET

Baffinland Site staff celebrated National Indigenous Peoples Day on June 21 with food, fun, and cultural connection st

Among the many memorable moments was the Caribou Pizza that was expertly prepared by Charlie Quliktalik from our Mine Operations team Charlie impressed his colleagues with his delicious creations featuring his family’s “secret sauce” which has been passed down for generations

This day holds deep cultural and spiritual significance and is an opportunity for reflection, learning, and celebration It’s a time to recognize and honour

the diverse histories, cultures, and contributions of Inuit, First Nations, and Métis across Canada

At Baffinland, Inuit

Qaujimajatuqangit (IQ) continues to shape how we work, and we are committed to strengthening our relationships with Inuit communities We recognize the knowledge and leadership of our Inuit colleagues and partners, as well as the achievements of Indigenous Peoples across the country

We extend a heartfelt thank you to everyone who helped organize and participate in the

celebrations, especially Cultural Advisors Jeannie Manniapik and Hannah Quaraq Your efforts reflect our commitment to honouring Inuit culture and building a workplace rooted in respect, inclusion, and community

Honouring National Indigenous Peoples Day

On July 9th we celebrated Nunavut Day, a time of pride, reflection, and cultural celebration This important day marks the creation of the territory, and the signing of the Nunavut Land Claims Agreement

Over two incredible days at Mary River and Milne Port, Baffinland staff came together to

June 15 was International Day of Women in Mining. On this day, and every day, we recognize the innovation, leadership, and resilience that women bring to the mining industry

This year’s global theme, "Voices of Impact: A Year of Resilience and Recognition," celebrates the contributions of women who continue to shape and strengthen our industry –from frontline roles to executive

leadership. At Baffinland, we are proud that over 30% of Inuit employees are women, and nearly 50% of Baffinland’s executive team are women. We understand there is more work to be done Mining remains a male-dominated industry, and we are committed to building a workplace that is safe, inclusive, and respectful of everyone

To the women at Baffinland and across the industry – thank you for your contributions, leadership, and commitment!

On September 30th, National Day for Truth and Reconciliation, we honoured all those who have been impacted by the residential school system - the children who never returned home, the survivors, and the families and communities forever impacted

At Baffinland, we are committed to remembering this history, supporting healing, and taking meaningful steps toward

celebrate the 26th anniversary of the territory with a country food feast, Qulliq lighting, traditional Inuit games and crafts, and a delicious cake

Building a strong and inclusive workplace is at the core of everything we do at Baffinland We are proud to work in partnership with Inuit and to support Nunavut’s continued

reconciliation

As a symbol of our dedication, we distributed commemorative orange ribbons to employees, contractors, and in North Baffin communities These ribbons are intended to serve as a visible reminder of the lasting impacts of residential schools, to honour victims and survivors, and to spark conversations about how we can all contribute to reconciliation

growth and success A heartfelt thank you to everyone who made this year’s celebrations so meaningful

International Day of Women in Mining
Celebrating Nunavut Day at Mary River
National Day for Truth & Reconciliation

CAREER & TRAINING OPPORTUNITIES

Baffinland hosted the Employment Training Information Sessions (ETIS) in Arctic Bay, Clyde River, Igloolik, Iqaluit, Pond Inlet, and Sanirajak in May and September. Baffinland Community Liaison Officers (BCLOs) connected with local community members to share

In April and September, Baffinland hosted the five-day Work Ready Program (WRP) in Clyde River, Iqaluit, and Pond Inlet

Congratulations to all the graduates who participated and

insights on job opportunities at the Mary River Mine, answer questions, and guide interested candidates through the application process.

Thank you to everyone who attended and for your interest in working with Baffinland.

Work Ready Program

learned essential skills for the workplace Instructors teaching this program used both traditiona and Inuit teaching methods to help participants reach their full potential

To find out when WRP will be in

Baffinland was keen to participate in the Career Fair at the 2025 Territorial Skills Competition (TSC) in Iqaluit in April TSC focuses on promoting trade and technology careers to young people

Baffinland Recruiter JeanFrancois Doucet connected with community members, shared information and answer questions about the many rewarding training and job opportunities at Baffinland, including internship programs and summer employment for high school students Learning and Skills Development

Training Opportunities

Interested in participating in our Employment Training Information Session or Work Ready Program?

are core values at Baffinland, and we are committed to supporting the growth of Nunavummiut!
Thank you to Skills Canada Nunavut for hosting this exciting two-day event
Employment Training Information Sessions
Career Fair at the 2025 Territorial Skills Competition

IIBA NEWSLETTER

Baffinland announced the winners of the 2025 Baffinland Student Scholarships in April. Every year, Baffinland awards five Inuit students with $5,000 scholarships each. These scholarships help students with their studies, and supports the development of rewarding and prosperous careers.

Our Student Scholarship Program is open to all Inuit

Baffinland’s recruitment team was in Ottawa in June to meet with potential employees and share information about job opportunities at the Mary River Mine

The visit began at Algonquin College, where Recruiter JeanFrancois Doucet gave a detailed presentation and answered questions about working at our Arctic mine site

The following day, Jean-Francois along with Community Relations Manager Michael Salomonie, attended the Ottawa Grad Career Fair They met with recent graduates and shared information about the many rewarding training and job opportunities at Baffinland, and collected resumes for current openings

Thank you to everyone who took the time to learn more about Baffinland We look forward to welcoming new talent to the team

2025 Scholarship Recipients

students enrolled under the Nunavut Agreement and pursuing a post-secondary education.

Scholarships are one of the many benefits Baffinland provides annually. We are proud to give this educational support and training opportunities as part of our commitment to the ongoing development of Baffin Island communities.

Please join us in congratulating this year’s recipients.

Ottawa Career Fairs

DOING BUSINESS WITH BAFFINLAND

Contracting Process

Baffinland.com in both English and Inuktitut.

Inuit firms may submit a prequalification questionnaire at any time, including in response to an ACN. A pre-qualification form must be completed for each different contracting category an Inuit Firm wishes to apply for

For contracts valued less than

$3 million, the ACN period is 21 days. For contracts over $3 million, the ACN period is 45 days. Submittal of a prequalification questionnaire must be done within the deadline.

When a pre-qualification form is filled out and submitted to Baffinland, it is reviewed internally and the firm is notified if they are

successful or not. Should they be successful, the firm will be invited to submit proposals. The request for proposal (RFP) process does not start until after either 21 or 45 days has passed.

To ensure your firm is receiving these contract notifications, please review and update any contact details directly with Nunavut Tunngavik Inc

Baffinland invites all Inuit firms registered with Nunavut Tunngavik Inc (NTI) to complete the Inuit Firm Business Development Survey The survey has been jointly developed by the Qikiqtani Inuit Association (QIA) and Baffinland Iron Mines

The purpose of the Inuit Firm Survey is to:

1 Collect reference data from Inuit Firms

2 Gather information on Inuit

Firm assistance needs (ie Workshop topics etc )

This survey is voluntary, and can be submitted at any time to

Open Opportunities

Baffinland is always looking for Inuit Firms to provide country food, specifically Arctic Char & Caribou, for events and at the Mary River site

Baffinland must follow the Canadian Food Inspection Agency’s Food Safety requirements

Did you know you can apply for a Safe Food Handling license online? To learn more, visit trainfoodsafety ca

For more information regarding this contracting opportunity, or any upcoming opportunities, contact Procurement@Baffinland com

Other Open Opportunities:

Baffinland is preparing for our 2026 Annual Work Plan Any interested suppliers should monitor their emails for upcoming opportunities

Inuit

any member of the Contracting Committee The survey is also available for download at Baffinland.com.

feedback Please be assured that your organization’s name will not be shared in any public reporting or discussions.

How to Register with Nunavut Tunngavik Inc.

Are you an Inuit firm, registered with NTI? For all contracting opportunities, Baffinland utilizes the NTI Registry to contact Inuit firms for upcoming contracting opportunities.

Please register with NTI and provide up-to-date contact information to ensure you are receiving our communications regarding these opportunities. Register at www.inuitfirm.tunngavik.com

Preferred Inuit Firm Status

Any Inuit firm with 100% Inuit ownership can be designated as a Preferred Inuit Firm (PIF) with Baffinland and can gain early access to certain contracting opportunities at the Mary River Project.

An Inuit firm must satisfy the following criteria to be designated as a PIF:

a) Be registered with Nunavut Tunngavik Incorporated (NTI).

b) Located and operating within the Qikiqtani Region of Nunavut

c) 100% owned and operated by Inuit (not a joint venture with a larger organization).

d) Have a community presence (beyond a Post Office Box) and the ability to demonstrate such presence.

For more information, email Procurement@Baffinland com or contact your local Baffinland Community Liaison Officer (BCLO)

CONFERENCES & EVENTS

Baffinland was proud to be attend the 26 Annual Nunavut Mining Symposium in April - the territory’s biggest mining industry event Members of our executive leadership team we’re in Iqaluit for the four-day gathering

P J Akeeagok, Premier of Nunavut, delivered the opening keynote address, where he reiterated his pride in the Mary River Project and its contributions to development of green steel He also highlighted Nunavut’s rich mineral resources and its role in Canada’s economic future We thank the Premier for his continued support

High-grade iron ore is a key resource on Canada’s Critical Minerals List, and plays an essential role in the global shift toward a greener economy During our Major Projects Update, Megan Lord-Hoyle shared updates on Nunavut’s

In April, Mark O’Brien, Executive Vice President and General Counsel at Baffinland, had the opportunity to meet with Mr Carney during a visit to International Union Of Operating Engineers, Local 793, which represents more than 900 workers at our mine, including over 150 Inuit Mark, the Prime Minister and Local 793 Business

Nunavut Mining Symposium

high-grade iron ore and the Steensby Component of the Mary River Project.

On the final day of the Symposium, Baffinland participated in the Cultural Inclusion at Mine Sites session Baffinland’s IIBA Implementation Manager, Agnes Simonfalvy, delivered a presentation outlining the various Inuit cultural programs available at the Mary River Mine Through cultural training, Inuit engagement and cultural intelligence education, we’re committed to supporting employees and fostering an inclusive workplace

Agnes’ presentation also highlighted Baffinland’s Aulattijiit - Inuit Leadership Development Program Designed by Inuit, for Inuit, this initiative focuses on attracting, developing, and advancing Inuit employees into leadership roles The program includes workshops,

Manager Mike Gallagher, spoke about high-paying union jobs and Inuit employment in the North, along with Arctic sovereignty

We would like to thank Prime Minister Mark Carney for his support of the workers at Baffinland’s Mary River Mine, and those who work in skilled trades all across Canada

and thrive in their careers within the mining industry

Baffinland thanks Nunavut Mining Symposium for hosting an informative event, and to all who shared their insights We value the opportunity to connect with community members and those in the Nunavut mining industry, and to share our knowledge and long-term vision for the Mary River Project

Prime Minister Visits International Union of Operating Engineers, Local 793

Congratulations to all the participants in 26th Annual Nunavut Quest & Qamutik Cup that was held in April A special congratulations to Jinneal Nanuraq Uttak from Igloolik on winning the dog sled race and to the Igloolik Rangers for winning the Qamutik Cup hockey tournament!

We at Baffinland were happy to support event participants as well as those making their journey through the region We provided hot meals, almost 200 litres of fuel and oil, a place with tools to repair their snowmobiles, and Qqamutiik materials including lumber, hardware and runners A special thank you to the kitchen staff for packing over 50 sandwiches, water bottles and snacks for the dogsled teams Baffinland staff also transported

13 hockey players and their gear two-hours from Mary River to Milne Port

A highlight for Baffinland employees was watching the eight mushers and their dogs as they passed the port on their journey towards Igloolik After the teams passed through, site staff discovered a tired dog resting near the Tote Road and were quick to assist and safely

delivered the dog back to members of the Nunavut Quest team

We are proud to support Nunavut Quest, which is an incredible showcase of Inuit tradition and community spirit We recognize the importance of preserving Inuit culture and traditional practices, and are committed to respecting and protecting Nunavut’s unique culture

Baffinland was proud to participate in the Nunavut Arctic Sovereignty & Security Summit in Iqaluit this past June

The event opened with remarks from Inuit leaders, including the Honourable P J Akeeagok, Premier of Nunavut, who thanked Baffinland for its contributions to the territory through the mining of Nunavut’s high-grade iron ore at the Mary River Project He emphasized that the exceptional quality of this iron ore is listed on Canada’s critical minerals list and is well-suited for producing green steel

Udlu Hanson, Baffinland’s VP of Community and Strategic Development, joined a panel discussion about “Unlocking Nunavut’s Economic Mineral Potential”, and had a meaningful conversation about mining and major projects driving the territory’s future prosperity while respecting Inuit values

During the Summit, Udlu also had the honour of moderating a fireside chat with Former Prime Minister Stephen Harper, where he shared insights and answered questions on Arctic security, Canada’s evolving northern strategy, and the

importance of sovereignty in the North We’re grateful to be part of these important conversations about the future of Nunavut and the role we all play in supporting strong, sustainable northern communities Thank you to the Government of Nunavut and Nunavut Tunngavik Inc for hosting this insightful event, and to everyone who joined these engaging discussions

Nunavut Arctic Sovereignty & Security Summit

“Adapting Advancing Achieving” was the theme of the 32nd annual Nunavut Trade Show and Conference in Iqaluit in September

A highlight during the four-day conference was a presentation by Baffinland Inuit Success Facilitator, Brenda Qiyuk She discussed our communityfocused recruitment approaches and highlighted the many training opportunities available to Inuit, including the Work Ready Program (WRP),

Baffinland proudly participated in the Food Banks Canada “After the Bell” program in May to help fight food insecurity for children during the summer months when school-based nutrition programs are paused.

Our Procurement Specialist, Nicholas Bauer, teamed up with volunteers from Arctic Co-

Nunavut Trade Show

Employee & Training Information Sessions (ETIS), and the Aulattijiit Leadership Development Program

We also welcomed visitors to our trade show booth, where we spoke with potential applicants about career opportunities, our internship program and provided guidance on how to apply for jobs at Baffinland

The conference also gave us the opportunity to connect with entrepreneurs, government

operatives Limited and other corporate partners to help pack over 200,000 food hampers, many of which will be delivered to the North, including to Arctic Bay, by aviation partner Calm Air.

At Baffinland, we believe in investing in the well-being of

representatives, Inuit organizations, service providers, and community leaders from across Nunavut We thank the B ffi R i l Ch b f C

AWARDS

& RECOGNITION

We’re proud to announce that Baffinland has won the 2024 John T. Ryan Regional Safety Award for Outstanding Safety Performance. We were awarded this prestigious honour in the spring, which recognizes the Mary River Mine for achieving the lowest reportable injury rate in the region.

At Baffinland, this achievement reflects the team’s dedication approach, Baffinland has this honour!

Food Banks Canada “After the Bell” Program

In April, Baffinland’s VP of Community and Strategic Development, Udloriak (Udlu) Hanson, was awarded the King Charles III Coronation Medal - a national honour recognizing Canadians who have made exceptional contributions to their province, territory, or region

Udlu received the medal during this year’s Nunavut Mining Symposium, in recognition of her outstanding leadership, deep commitment to volunteerism, and long-standing service to Inuit communities.

Throughout her career, Udlu has co-founded and led several impactful organizations, including the Annauma Community Foundation, the Arctic Children and Youth Foundation, and the Qaujisaqtiit Society. She currently sits as Chair of Annauma. She also serves as Director Emeritus with the Rideau Hall Foundation.

Then in May, Paul Quassa,

Baffinland’s executive leaders met with P.J. Akeeagok, Premier of Nunavut in June during an event in Toronto that focused on asserting Canada’s Arctic sovereignty. Together, we discussed the importance of responsible development in the North, the role of critical minerals, including high-grade

Senior Advisor at Baffinland, was also awarded the King Charles III Coronation Medal. Paul received this recognition at the Legislative Assembly of Nunavut in May, where the Honourable P.J. Akeeagok, Premier of Nunavut, presented the medal in celebration of Paul’s leadership and advocacy for Inuit rights and equality. A pivotal figure in Inuit politics, Paul was the chief negotiator and a signatory of the historic 1993 Nunavut Land Claims Agreement. His leadership

MEETINGS

iron ore, in securing Canada's future, and the significance of the Arctic in our national identity and global strategy.

As part of the conversation, we presented the Premier with a framed photo of Baffinland’s Milne Port, the most northern deep-water port in the Canadian

includes serving as the fourth Premier of Nunavut, Member of the Legislative Assembly for Aggu, and Minister of Education where he championed bilingual education in Inuktitut and English.

This prestigious medal is a testament to Paul’s commitment to making a positive impact on his community, and improving the lives of Nunavummiut. Baffinland is honoured to have both Paul and Udlu as part of Baffinland’s leadership team.

Arctic, a symbol of northern potential, resilience, and strategic importance.

King Charles III Coronation Medal
Baffinland Meets with Premier of Nunavut

Economic development in Nunavut is essential to Baffinland’s mission and longterm success Supporting sustainable growth in the North is key to ensuring lasting benefits for local communities and the broader region Baffinland was pleased to participate in a discussion on Arctic economic development in

Baffinland welcomed Dr Grant Gilchrist, Research Scientist with Environment and Climate Change Canada (ECCC), to our Oakville office in May During the meeting, Dr Gilchrist shared insights into ECCC’s ongoing research on seabirds in the Baffin Region, which is work that plays a vital role in understanding and protecting Arctic ecosystems.

We have proudly supported this research initiative since before the Mary River Project was developed, and have maintained this important partnership for over a decade.

July The event was hosted by the German Marshall Fund (GMF), a non-partisan American public policy think tank seeking to promote cooperation and understanding between North America and the European Union

Megan Lord-Hoyle, Baffinland’s VP of Sustainable Development,

Health, Safety, and Environment, joined representatives from across multiple industries to share insights on the challenges and opportunities influencing investment in the Arctic region

We thank GMF for leading this important conversation, and to all participants for their valuable contributions

This longstanding collaboration reflects our commitment to working with government, industry, and northern communities to advance meaningful environmental research.

At Baffinland, we’re dedicated to

integrating scientific knowledge with Inuit Qaujimajatuqangit (IQ) to help preserve the unique Arctic environment. As the Steensby Component of the Mary River Project advances, we look forward to further opportunities for collaboration and shared learning.

MARINE & ENVIRONMENTAL MONITORING

Baffinland welcomed representatives from the Government of Nunavut’s Department of Environment to the Mary River Mine in May to complete caribou monitoring in the North Baffin region.

The team of seven was at the mine site for over two weeks conducting aerial surveys of

caribou in the region. We provided support, accommodations and full access to the group during the duration of their survey.

At Baffinland, we recognize the importance of wildlife in Inuit culture and we’re dedicated to doing our part to support, safeguard and monitor the caribou population. Baffinland is committed to environmental stewardship as well as protecting and preserving Nunavut’s unique culture.

German Marshall Fund
Environment and Climate Change Canada Visits Baffinland’s Oakville Office
Government of Nunavut Visits the Mary River Mine

Height of Land Terrestrial Environment Monitoring Program

Baffinland is happy to share that we successfully completed the Height of Land Terrestrial Environment Monitoring program in June.

The program was developed in direct collaboration with Inuit and incorporates Inuit

Qaujimajatuqangit (IQ) to monitor caribou distribution and behavior during the calving season near the Mary River Project. Over a two-week period, a team of Inuit and biologists surveyed 24 of the highest points surrounding the Project infrastructure. Using binoculars and spotting scopes,

they observed and recorded caribou presence and behaviour to support long-term environmental monitoring.

We look forward to including the results in our 2025 annual report to the Nunavut Impact Review Board in 2026.

Baffinland staff hosted three meetings of the Marine Environment Working Group (MEWG) and the Terrestrial Environment Working Group (TEWG) in April and July, which included members from all five North Baffin Hunters and Trappers Organizations (HTO) including Arctic Bay, Clyde River, Igloolik, Pond Inlet and Sanirajak

The first meeting brought both groups together, and focused

This past summer, we completed key baseline studies for the Steensby Component of the Mary River Project These programs build on the data we have already collected, enhance our understanding of the surrounding environment, and guide future monitoring and mitigation strategies

One of those studies was the Aquatic Environment Supplemental Baseline Program, carried out by a team of six including two Inuit participants, which studied streams, rivers, ponds, and lakes along the first 40 km of the planned Steensby

During the open water season, Baffinland environmental monitoring teams are busy conducting marine programs to assess potential effects from our shipping activities One of those projects is the Bruce Head Shore-Based Monitoring Program, which ran from August to September and focused on assessing narwhal behavioural responses to vessel movements in the area

The four-week program involved a team of 22 people, including marine biologists and 10 Inuit Marine Mammal Observers They used drones, physical observations and Automatic Identification Systems (AIS) to track vessels and collect data on narwhal abundance, distribution, group composition and behaviour Results from this program will be published in the 2025 Bruce Head Monitoring

p Impact Review Board (NIRB) Annual Report in early 2026 We are proud of our adaptive monitoring and mitigation programs, which are developed with direct input from Inuit

Baffinland makes it a priority to constantly learn more about the environment so we can better protect the land and water we all depend on

Every year, we carry out numerous environmental monitoring programs that directly shape how we operate These programs began with baseline studies at the start of the Project and now include annual monitoring to understand project-related effects This past

Each year, we conduct a range of environmental monitoring programs to understand, manage, and reduce projectrelated effects

During the months of July and August, we completed the 2025 field season for the Marine Environmental Effects Monitoring Program (MEEMP) Over 22 days, nine marine biologists and divers, together with three Inuit participants,

summer, our team completed vegetation and soil monitoring, a program we’ve had in place since 2013 Two qualified Vegetation/Soil Specialists worked alongside two Inuit participants to collect samples from 61 locations around the Mary River Project By analyzing these samples, we’re deepening our understanding of environmental changes and the connection to caribou, who rely on lichen as a key food source The findings will be shared in the

conducted studies around Milne Port to assess the health of the local marine environment This initiative is one of the most comprehensive, annual monitoring programs at a Port in Canada and focuses on:

• Marine water and sediment quality

• Marine plants and animals such as seaweed, shellfish, and other species

• Fish health & fish habitat

• Monitoring of invasive and non-

2025 Terrestrial Environment Annual Monitoring Report (TEAMR), the Nunavut Impact Review Board (NIRB) annual report, and presented to the Terrestrial Environment Working Group (TEWG)

shared with the Marine Environment Working Group (MEWG) in the coming months and will be included in the Nunavut Impact Review Board (NIRB) annual report

Bruce Head Monitoring Program
Vegetation and Soil Monitoring Programs
Marine Environmental Effects Monitoring Pr

CORPORATE HEAD OFFICE

360 Oakville Place Drive, Suite 300, Oakville, ON L6H 6K8

Tel: 1-416-364-8820

Peter Akman

Head of Stakeholder Relations and Communications

Peter Akman@Baffinland com 1-289-834-0744

Employment and Training

Recruitment@Baffinland com

Operations and Steensby Component

Communityquestions@Baffinland com

Procurement Opportunities

Procurement@Baffinland com

NORTHERN

611 Queen Elizabeth Way, Suite 101 Iqaluit, Nunavut X0A 3H0

Iqaluit

Joseph Tigullaraq Head of Northern Affairs

Joseph Tigullaraq@Baffinland com 1-867-975-2502 1-867-222-6622

BAFFINLAND COMMUNITY LIAISON OFFICERS (BCLOs)

Arctic Bay

BCLO ArcticBay@Baffinland com 1-867-439-8847

Clyde River

George Iqalukjuak

BCLO ClydeRiver@Baffinland com 1-867-924-6444

Igloolik

Jacob Malliki

BCLO Igloolik@Baffinland com 1-867-934-8464

Pond Inlet

Erica Koonark

BCLO PondInlet@Baffinland com 1-867-899-1844

Sanirajak

Reena Irqittuq

BCLO Sanirajak@Baffinland com 1-867-928-8497

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