Investing in People. Building for the Future.
October 2025 – March 2026
Season Wrap‑Up
Closing the 2025 Shipping Season
See page 4 Get Ready to Bid
Contracting Workshop
See page 15 Celebrating Success
Red Seal Certification
See page 22 Strategic Review Annual Project Review Forum
See page 25
As we reflect on the period from October 2025 to March 2026, I want to thank our Inuit employees, communities, the Qikiqtani Inuit Association, as well as other partners and leaders across the Qikiqtani region for their continued support and guidance.
The Mary River Project has always been about more than mining. It is about creating long-term opportunity, supporting Inuit employment and training, strengthening local businesses, and operating in a way that respects Inuit culture, knowledge, traditional activities and the land.
We completed another safe and successful shipping season, loading 49 ore-carrying vessels while continuing mitigation measures developed with Inuit.
Over this period, Inuit employees and contractors worked more than 1.2 million hours, Inuit payroll reached $13.3 million, more than 10,000 Inuit training hours were completed, and Baffinland recorded $55.2 million in Inuit contract spend. These are important results, and they reflect real benefits flowing through the IIBA.
We are taking a broader look at how our assets, roads, procedures and operations interact with Inuit hunters and traditional harvesting activities. We expect to make changes to access and procedures to better facilitate traditional hunting activities while maintaining safe and responsible operations.
Inuit hiring and retention remain priorities, and progress has not been as strong or as consistent as we would like. There are several reasons for this, including internal processes we continue to review, as well as broader policy and structural barriers that can make it more difficult for Inuit to join and remain working. We continue to engage Inuit, territorial and federal leadership in discussions on how to support Inuit working at Mary River.
We also want to ensure training is practical, consistent and connected to real jobs, career progression and long-term retention. The new training centre in Pond Inlet will be an important part of that work.
For the Steensby Component, baseline studies and meetings in Igloolik and Sanirajak helped us better understand local water systems, fish habitat, harvesting areas, walrus haulouts, calving grounds and searchand-rescue routes. These discussions are essential to ensuring plans are shaped by Inuit knowledge, community priorities and responsible environmental stewardship.
Many are aware of Baffinland’s CCAA filing, which occurred after the period covered in this newsletter. As stated on May 15th, the CCAA proceedings provide the Company the ability to appropriately evaluate strategic alternatives while maintaining control and stabilizing current operations. Baffinland expects no disruptions to its operations and intends to continue advancing the Steensby component and agreements with the QIA.
We have important work ahead, and we remain committed to listening, improving and ensuring Mary River continues to deliver long-term benefits for Inuit, communities and Nunavut.
Thank you for your continued partnership, guidance and support.
Jowdat Waheed Acting President and CEO
218,187
Total Hours Worked by Inuit Employees & Contractors
10,154 Inuit Training Hours (34% of Total Training Hours)
$55.2M Inuit Contract Spend (36.6% of Total Contract Value)
OCTOBER 1, 2025 TO MARCH 31, 2026
100% of active Inuit Employees have Individual Career Development Plans
$4.8M Inuit Female Payroll
OCTOBER 1, 2025 TO MARCH 31, 2026
may not add due to rounding.
Baffinland brought another safe and successful shipping season to an end on October 9, 2025 with the final convoy made up of 2 loaded ore carriers and 2 tugs.
This year, we safely loaded 49 ore-carrying vessels, including 4 Capesize and 6 Baby Capesize ships. These Capesize ships can carry more than twice the ore of our other carriers, which allow us to move more cargo with fewer ships, fewer transits and lower CO2 emissions.
As in previous years, we implemented strict adaptive mitigation measures, including
delaying the start of the shipping season until icebreaking was no longer required, vessels travelled in convoys, when possible, to reduce overall underwater sound, and ships continued to limit their speeds to an industry leading 9 knots. These measures were reached in direct response to ongoing consultation with Inuit and in full compliance with our commitments.
Thank you to all Baffinland team members who worked diligently to make this year’s shipping season a success!
We were proud to celebrate and recognize the contributions of the 2025 Shipping Monitors with a celebratory dinner in October. This dedicated team plays an essential role in ensuring our operations respect both the environment and the communities who rely on these waters.
Baffinland’s Senior Manager of Environmental Social Governance, Cortney Oliver, leads the Shipping Monitors and hosted the evening. They were joined by Senior Advisor Paul Quassa and Training Intern, Letia Kalluk, for an evening of recognition and reflection.
While not all team members were able to attend, it was a great opportunity to connect, share stories, and express our appreciation for their work throughout the season.
We are proud to work alongside such a dedicated group, whose efforts support safe, responsible, and sustainable operations in the North.
At Baffinland, we’re always looking for ways to connect directly with community members and share updates about our operations.
In October, members of our Sustainable Development and Community Strategic Development teams hosted a community drop-in at the Arctic Co-op in Pond Inlet to talk about this year’s shipping season.
While it was an opportunity to share information about our operation at the Mary River mine, Baffinland’s Senior Manager of Environmental Social Governance, Cortney Oliver, also took it as an opportunity to share some joy with a donation of toys. Dozens of stuffed animals were gifted to the youngsters who came to the public drop-in session.
We were thrilled to see such a great turnout and always look forward to connecting with the community!
Thank you to everyone who
stopped by to say hello, learn more, and picked out a new toy. It’s moments like these that remind us how important community connection truly is.
Supporting the communities surrounding Baffinland’s Mary River mine takes many forms, from employment and training opportunities to cultural programs and community well-being initiatives. One key example is our support for local school lunch programs. At Baffinland, we recognize the vital role nutrition plays in the health and success of North Baffin communities, and we’ve been proud to fund these
programs since 2018, contributing more than one million dollars to date.
For the 2025/2026 school year, we committed approximately $339,000 to help ensure the students in Arctic Bay, Clyde River, Igloolik, Pond Inlet and Sanirajak have a nutritious lunch each and every day. As part of the Mary River Inuit Impact and Benefit Agreement (IIBA), each community was
allocated approximately $67,000 to put towards providing healthy lunches for local students.
By investing in children’s health and education, we’re helping build stronger, more resilient communities. Proper nutrition supports learning, growth, and well-being and we’re proud to play a part in helping every child in North Baffin reach their full potential.
During the 2025 holiday season, Baffinland was pleased to support Christmas celebrations in the North Baffin communities with a $30,000 contribution.
Arctic Bay, Clyde River, Igloolik, Pond Inlet and Sanirajak each received $6,000 to support Christmas celebrations in their communities, including game prizes for youth.
We’d like to thank the Baffinland Community Liaison Officers (BCLOs) for arranging the prizes for the Christmas games, as well as students Cheryl Tilley and Elaine Tunraq from Nunavut
Sivuniksavut for coordinating the games in Arctic Bay.
At Baffinland, we’re committed to
giving back to the communities we are part of, and supporting the health and well-being of all Nunavummiut.
At Baffinland, we’re dedicated to building a workplace that celebrates Inuit culture – one that incorporates Inuit knowledge and traditions into every aspect of our operations.
This value was reflected in October when HR Intern, Leanne Thompson, had the opportunity to create two beautiful paintings now proudly displayed in the Maintenance Planning Team’s meeting room.
Her first piece features a glowing qulliq surrounded by Arctic char, igloos, tunnit (traditional tattoos), and narwhals. It’s called “Aajiiqatigiinniq” and means “making decisions through discussion and consensus”.
“Aqsarniit” (Northern Lights) is the title of her second painting and includes a campsite with a tent by the water, symbolizing life along the sea in Baffin Island, also incorporates elements of Inuit mythology
Leanne is originally from Rankin Inlet, Nunavut, but now lives in Ottawa. She says her love of art was nurtured from a young age, “I always had a passion for art and was surrounded by beautiful creations made by my mom, and music from my papa”.
We’re grateful to Leanne for sharing her incredible talent with us. We also thank the Maintenance Planning Team for leading this meaningful initiative.
On November 11th, Baffinland staff paused to gather at both Mary River and Milne Port to observe Remembrance Day. The ceremonies included a moment of silence to honour the courage and sacrifice of those who served, which includes members of our Baffinland team.
Baffinland is honoured to have veterans within our workforce who served with the Canadian Rangers, Coast Guard, Armed Forces, and the RCMP. Their dedication and experience inspire and strengthen our team.
Leading this initiative was Training Supervisor and Sgt. Retd. Ron Dix, a veteran who served for 23 years with the Canadian Armed Forces prior to joining Baffinland. We sincerely thank Ron for organizing this meaningful commemoration, and for helping create a moment of reflection that honoured those who serve and continue to serve.
Inuit culture is at the heart of our operation at the Mary River mine, shaping the way we work, gather, and connect. In March, that spirit came to life during an event at site called Connecting Through Our Voices and Tradition - a special evening of music, song and dance.
The event began with an opening prayer and Quliq lighting, setting the tone for a night of cultural celebration. Employees had the opportunity to join a sing-along and drum dancing, known as “Pisiq” in Inuktitut. The mic was then open to anyone who wanted to share a song, with square dancing bringing the night to a lively close.
We sincerely thank Pauline Alainga, Crusher Administrative Assistant; Kenneth Immaroitok, Exploration Field Technician; Letia Kalluk, Inuit Success Intern; Laila Onalik, Mine Operations Operator; and Leanne Thompson, Human Resources Intern, for taking the initiative to host this engaging event.
At Baffinland, we believe that integrating Inuit culture into daily life strengthens our workplace, deepens our connections, and reflects our ongoing commitment to responsible operations in the North.
Over the winter, we were pleased to celebrate the 2025 graduates of our Introduction to Prospecting Course (IPC): Kenneth Immaroitok, Jeffery Kalluk, Austin Killiktee and Floyd Tigullaraq.
These four students spent last summer participating in classroom instruction and onthe-job training to learn the fundamentals of geology and prospecting in the territory.
This program was developed by the Government of Nunavut, specifically for residents of Nunavut and is offered by Baffinland as part of our Exploration Program.
The IPC combines classroom learning with hands-on field exercises. Students of our program are integrated into Baffinland’s geological field teams, which allows them to immediately apply their newly acquired skills in realworld settings, under the
supervision and mentorship of our experienced geologists. Completing the IPC enables graduates to apply to the Nunavut Prospectors Program, established by the Government of Nunavut to support and increase community-based
mineral exploration in Nunavut.
Baffinland is committed to working with Nunavummiut and building a brighter future for the territory and its people. Please join us in congratulating our new rock stars!
Congratulations to all the participants who successfully completed the Work Ready Program (WRP) between October and March. Over these six months, Baffinland proudly hosted three WRPs in Igloolik and Sanirajak, two in Arctic Bay and Pond Inlet, and one in Clyde River and Iqaluit. These graduates now have the essential skills needed for the workplace. They also received an introduction to mining and are prepared to work in a fly-in, fly out operation.
During the October session in Pond Inlet, participants had a surprise visit from Paul Quassa, Senior Advisor at Baffinland,
who stopped by to meet the group and shared some words of encouragement.
Thank you to everyone who took part and helped make these sessions a success!
Between October and March, Baffinland was pleased to host two Employment Training Information Sessions (ETIS) in each of the following communities: Arctic Bay, Clyde River, Igloolik, Iqaluit, Pond Inlet, and Sanirajak.
Baffinland Community Liaison Officers (BCLOs) led these events, sharing insights on job opportunities at the Mary River mine, answering questions, and guiding interested candidates through the application process.
We thank everyone who attended
these sessions and appreciate your interest in working with Baffinland.
Over the last six months, members of our Recruitment team participated in a series of job fairs and met with perspective employees across Nunavut and Ontario.
In October, Victoria Moreno and Tashi Sheling visited Western University and Queens University to meet with soon-to-be graduates and discuss the exciting job opportunities available at Baffinland.
In January, Jean-Francois Etuk-Fortier participated in the Pilimmaksaivik Career Fair in Iqaluit and the Indigenous Student
Career Fair in Ottawa. The series wrapped up in March, when we partnered with Tungasuvvingat Inuit, Agnico Eagle Meliadine, and B2Gold Corp for an Employment Information Session in Ottawa, and was followed by the Nunavut Sivuniksavut Career Fair.
During these sessions, we were pleased to share information on the wide range of positions available within our organization, including our apprenticeship, internship and training programs that help individuals build rewarding careers in the mining industry.
Thank you to everyone who visited our booth and took the time to learn more about our operation. We were grateful to have connected with so many talented individuals.
If you’re interested in a career at Baffinland, please visit our website to see our current job openings: Careers.Baffinland.com
Ahead of the closure of the Diavik Diamond Mine in the North West Territories, Baffinland was pleased to meet with their workforce to share information about the employment opportunities available at the Mary River mine.
Tashi Sheling and Pierre Laberge from Baffinland, visited the mine in January and connected with perspective employees about the wide range of roles available within our organization. They shared information about our plans to build a railway south to Steensby Inlet that will expand our operation and create additional job opportunities.
To learn more about the long-
lasting career opportunities available at Baffinland, visit our website here: Careers.Baffinland. com
Thank you to Diavik Diamond Mine for hosting us. We wish all their staff the best of luck as they search for new and exciting roles within the mining industry.
As in previous years, Baffinland celebrated North Baffin’s highschool graduates by awarding each of them with a brand-new laptop. In 2025, we provided a total of 58 laptops as a way of rewarding their hard work and accomplishments.
Since 2007, Baffinland has proudly awarded new laptops to every high school graduate in the communities of Arctic Bay, Clyde River, Igloolik, Pond Inlet and Sanirajak. To date, we’ve given out a total of 489 laptops through this program.
Baffinland is committed to
supporting social and economic development in Nunavut. The goal of this initiative is to encourage students to complete their high school education, and to provide them with tools to support their
post-secondary education.
We wish this year’s graduates continued success as they embark on the next chapter of their journey, building fulfilling and rewarding careers.
At Baffinland, we believe the Mary River Project should deliver lasting benefits to all Nunavummiut.
That’s why our Recruitment team and Baffinland Community Liaison Officers (BCLOs) regularly visit local schools to share information about the wide range of career paths available at the Mary River mine.
Throughout the month of December, Baffinland hosted information sessions with high school students in Arctic Bay, Clyde River, Igloolik, Iqaluit and Sanirajak. These sessions encouraged students to start thinking about their future career goals, while learning about job opportunities at Baffinland.
Students were introduced to roles in Operations and Maintenance, community and office-based positions, summer jobs for students, training and development programs, and more.
We thank all the students for taking the time to participate and learn about Baffinland and
the Mary River Project. We are committed to being the employer of choice for Inuit and are proud to be part of Nunavut’s bright future.
To learn more about current job opportunities at Baffinland, visit the Careers Page on our website here: Careers.Baffinland.com
Baffinland uses the Nunavut Tunngavik Inc. (NTI) Inuit Firm Registry to notify all Inuit owned businesses of upcoming and open contracting opportunities. An Advanced Contract Notification (ACN) email is distributed to all contact on this registry. Attached to the email is a PDF document that includes a high-level scope description of the contract, key milestone dates, anticipated positions and contracting categories. Also included is our prequalification form.
If your firm is interested in an opportunity, you are required to send the completed pre-qualification form, along with examples of previous related work, to Baffinland by email to Procurement@ Baffinland.com. This helps ensure all interested Inuit firms are able to demonstrate their experience and capabilities to execute the contract. The prequalification form is also available at Baffinland.com in both English and Inuktitut.
Inuit firms may submit a pre-qualification 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. Register at Inuitfirm.Tunngavik.com
At Baffinland, we value all feedback we receive from Inuit Firms. Through the Inuit Firm Business Development Survey, we’re able to better understand the needs of local businesses, and identify areas of improvement for our Procurement department.
The survey has been jointly developed by the Qikiqtani Inuit
Association (QIA) and Baffinland.
The purpose of the Inuit Firm Survey is to:
1. Collect reference data from Inuit Firms
2. Gather information on Inuit Firm assistance needs (i.e. Workshops etc.)
This survey is voluntary and
available for download on the Baffinland website under Contracting.
The survey can be submitted by email at any time to Procurement@Baffinland.com.
Please be assured that your organization’s name will not be shared in any public reporting or discussions.
On March 5th, Baffinland hosted two virtual Contracting Information Sessions for community members. Participants had the opportunity to ask questions and learn general information about contracting opportunities at the Mary River Project.
Thank you to everyone who participated online, and in-person
at Baffinland’s head-office in Iqaluit.
On March 31st, Baffinland hosted an in-depth contracting workshop for Inuit Business and Entrepreneurs called Getting Ready to Bid: A Guide to Baffinland Contracting.
The two-hour session was a great opportunity for participants
to gain a detailed understanding of the contracting process at Baffinland. The materials presented at the workshop are available on our website under Contracting.
Thank you to the 25 attendees who joined the workshop, we appreciate your interest in working with Baffinland.
Any Inuit firm with 100% Inuit ownership can be designated as a Preferred Inuit Firm (PIF) with Baffinland and 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 ability to demonstrate such presence.
For more information, or to submit your Preferred Inuit Firm Status, email the prequalification form to Procurement@Baffinland. com or contact your
local Baffinland Community Liaison Officer (BCLO). All documentation can be found on Baffinland’s website under Contracting.
Baffinland was proud to be a sponsor of Nunavut Mining Week in October. The week-long event celebrated the many benefits the mining industry provides, and highlighted the resources available in the territory.
Nunavut is home to four operating mines – one of them being our Mary River mine where we produce Nunavut high-grade iron ore. As the largest private-sector employer in Nunavut, Baffinland
is proud to provide meaningful opportunities to Nunavummiut. We are focused on Inuit employment, offering high-paying and long-lasting jobs, and training opportunities. In 2025, Baffinland paid out $27.7M in payroll to Inuit employees and contractors, and Inuit participated in over 20,000 training hours.
At Baffinland, we’re committed to responsible mining that delivers lasting benefits to all Nunavummiut.
At Baffinland, we believe that collaboration remains essential to responsible development in the north. In February, members of Baffinland’s Community and Strategic Development team attended the Nunavut Economic Developers Association (NEDA) conference in Iqaluit. The event brought together professionals from across Nunavut, including MP Lori Idlout, to discuss sustainable economic growth opportunities for the territory.
During the three-day event, Paul Quassa, Senior Advisor to Baffinland, gave a detailed presentation on the Mary River Project. His presentation outlined the economic benefits the mine provides to the territory, including jobs for Inuit which resulted in
$215M in Inuit payroll to date.
We thank the organizers for hosting this important event, and to all the participants who took the time to share their insights. At Baffinland, we are committed to engaging in these important discussions as the Mary River Project moves forward.
Baffinland was proud to sponsor Nunavut Night at the 2026 Association of Mineral Exploration’s (AME) Roundup conference in Vancouver in February. The event brought together industry experts and participants from around the world to explore the theme: Minerals for a Changing World.
Lou Kamermans from Baffinland’s Sustainable Development team represented the company at the four-day conference and welcomed attendees with opening remarks at Nunavut Night. He also attended many informative sessions, including the Nunavut Devolution Update, where the Government of Nunavut and Crown-Indigenous Relations and Northern Affairs Canada provided an update on the
preparations for devolution that’s scheduled for April 1, 2027.
Thank you to AME for hosting an engaging and insightful conference, and to everyone who contributed to the important conversations shaping the future of exploration and mining.
Critical minerals and Arctic security took centre stage at the Arctic360 Conference in Toronto in February.
Over two days, Indigenous leaders, all levels of government, defence experts and industry representatives came together to examine the rapidly shifting Arctic geopolitical landscape. With growing global competition in the North, the conversation focused on supply chain resilience, infrastructure gaps and the role of responsible resource development in strengthening Canada’s sovereignty and economic security.
Tom Paddon, Non-Executive Chair of Baffinland, joined a panel titled Strategic Supply Chains: The National and Allied Security and Defence Prerogative, where he underscored the strategic importance of high-grade iron ore in today’s global environment.
Tom also spoke about the authorizations to advance the Steensby Component of the project, which includes a rail line and deepwater port. This infrastructure is not only critical to growing responsible Arctic development, but also to
strengthening Canada’s long-term presence and economic resilience in the North.
Equally important, he highlighted Baffinland’s continued investment in Inuit training, skills development and employment opportunities. Sustainable Arctic development must deliver lasting economic benefits to Northern communities.
Peter Akman, Head of Stakeholder Relations, also attended and engaged with leaders throughout the conference on the importance of collaboration between Inuit partners, governments and industry.
Thank you to Arctic360 for convening such a timely and substantive discussion on the future of Canada’s Arctic.
Baffinland’s VP of Community and Strategic Development, Udlu Hanson, was pleased to co-host the Kivalliq Northern Perspectives 2026 conference in Winnipeg in February.
In addition to her role at Baffinland, Udlu also serves on a voluntary basis as President of the Baffin Regional Chamber of Commerce. In that capacity, she co-hosted the event alongside Tara Tootoo Fotheringham, President of the Kivalliq Chamber of Commerce.
This marked a significant milestone for the conference, as it was the first time both Chambers are led by Inuit women serving as Presidents.
The theme of the four-day conference was Connected Futures, and brought together leaders, businesses, community representatives, and innovators to explore opportunities for partnerships and economic growth between Manitoba and Nunavut. Discussions focused on strengthening collaboration and advancing responsible
development.
Highlights included keynote remarks from Nunavut Premier John Main and an address from Craig Simailak, Minister of Community Services, who spoke about the importance of responsible resource development and its role in generating sustainable economic activity for the territory.
At Baffinland, we believe that meaningful dialogue and collaboration are essential to responsible development in the North. We are committed to engaging in these important discussions as the Mary River Project moves forward.
Leaders from across the global mining industry gathered in Toronto in March for the annual Prospectors & Developers Association of Canada (PDAC) convention, a leading event for mineral exploration and mining.
Baffinland was pleased to participate in the fourday conference, which featured technical sessions, panel discussions, networking events, and a large international trade show focused on the latest developments in mining technology.
During the conference, Jon Hey, Baffinland’s Senior Director, Exploration and Strategic Planning, delivered a presentation in the Arctic Opportunities session highlighting the geology and world-class iron ore deposits at our Mary River mine on Baffin Island.
Members of Baffinland’s Exploration team were also in attendance, along with our Procurement, Stakeholder Relations, and Sustainable Development teams, who connected with industry partners and vendors throughout the event.
We thank the organizers for hosting another engaging and informative conference, as well as the many participants who shared their insights and expertise.
Baffinland was pleased to present at the Baffin Mayors’ Forum in Iqaluit on March 12. This was the first gathering of all 13 Baffin mayors in over 14 years, and was an opportunity to discuss important issues to the region including housing, employment, and Arctic sovereignty.
Paul Quassa, Senior Advisor to Baffinland, outlined the many socio-economic benefits the Mary River Project provides to Nunavummiut. To date, $214.9 million has been paid in total to Inuit payroll, along with $2.5 billion in total contracts awarded to Inuit firms.
As we prepare to start construction of the Steensby Component, which includes a railway and deep-sea port, we expect to hire as many as 2,250 full-time employees during construction and to employ as many as 1,200 additional full-time employees when
fully operational.
We thank the Hamlet of Arctic Bay for organizing this meeting, as well as everyone who participated and shared their insights. At Baffinland, we value communication with our stakeholders and are grateful for the opportunity to discuss how Baffinland can support long-term prosperity for all Nunavummiut and the territory.
Congratulations to Nunavut Sivuniksavut (NS) College on celebrating 40 years of Inuit postsecondary programming and success in October.
Baffinland was proud to join NS staff, students and alumni in celebrating this milestone during the NS at 40 conference in Ottawa. The event included a series of guest speakers, workshops, and performances.
Several members of Baffinland’s Community and Strategic Development team attended, including VP Udlu Hanson, who delivered the opening remarks, and Senior Advisor Paul Quassa, who participated in a panel discussion where he shared insights about Nunavut and the history of the territory.
Also in attendance was Adam Akpik, a NS alumnus and current Manager at Baffinland. Adam moderated two discussion panels at the event: Honouring our Past, Shaping Our Future and Circumpolar Innovations in Education. Since 2019, Baffinland
has trained and hired many NS graduatessome beginning as interns and others joining as employees across a variety of fields.
We thank NS for hosting such an inspiring and informative event. We look forward to continuing our partnership through future initiatives like the annual NS Career Fair, Mining Day 2026 and more.
Protecting the Arctic marine environment is central to how we operate each and every day. We uphold this commitment through regular collaboration with the Marine Environmental Working Group (MEWG), which meets three times a year to provide updates, share knowledge and strengthen monitoring programs.
The most recent MEWG meeting took place in November and included members of the Hunters and Trappers Organizations (HTO) from Arctic Bay, Igloolik, Pond Inlet, and Sanirajak, as well as representatives from Environment and Climate Change Canada (ECCC), Fisheries and Oceans Canada (DFO), Government of Nunavut, Makivvik, Natural Resources Canada (NRCan), Parks Canada, Qikiqtani Inuit Association (QIA), and World Wildlife Fund (WWF).
Over two-days, participants reviewed the preliminary results from Baffinland’s 2025 marine monitoring programs, along with findings from our 2024 Ringed Seal Survey. The group also discussed the Steensby Component of the Mary River Project, including spill modelling and environmental management plans. ECCC representatives also shared details on their long-term research of seabirds.
We thank everyone who participated in these important meetings.
At Baffinland, we are dedicated to protecting the land that surrounds the Mary River mine. One of the ways we support this commitment is through ongoing engagements with the Terrestrial Environmental Working Group (TEWG) where we collaborate, share knowledge, and receive input from stakeholders.
The most recent meeting was held in November and brought together representatives from the Hunters and Trappers Organizations (HTO) from Arctic Bay, Igloolik, Pond Inlet, and Sanirajak.
Over the one-day session, participants reviewed preliminary results from Baffinland’s 2025 Terrestrial Monitoring Programs, including the Height of Land survey, vegetation survey and preliminary results from the satellite dust imagery analysis. Baffinland also shared an update on the dust mitigation efforts at Site, and management plans for the Steensby Component of the Mary River Project.
We thank all participants for their time and contributions. We are committed to collaborating with all Project stakeholders and we look forward to continuing this important work.
During the summer season, our Sustainable Development team 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, 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-indigenous plants and organisms.
Results from the program have been shared with the Marine Environment Working Group (MEWG) and have been included in the Nunavut Impact Review Board (NIRB) annual report.
This past summer, we completed a series of baseline studies along the Steensby Rail corridor to learn more about the water systems in the area. This work helps us better understand the environment and will guide future monitoring and mitigation efforts as the Steensby Component moves forward.
One of the programs was the 2025 Steensby Hydrology Support Program where we reactivated four hydrometric stations around the Project site to monitor local streams and water level changes. During this time, we also completed the 2025 Steensby Inlet Offsetting Plan Field Program where we set up new monitoring equipment to gather baseline data of fish habitats and rocky reef areas.
At Baffinland, we are committed to responsible development, environmental stewardship, and transparency in everything we do.
During the open water season, Baffinland environmental monitoring teams were busy conducting marine programs to assess potential effects from our shipping activities. One of those projects is the Bruce Head Shore-Based Monitoring Program. Run typically in August, it focused on assessing narwhal behavioural responses to vessel movements in the area.
The four-week program involved a team of 22, 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 have been published in the 2025 Bruce Head Monitoring Report
and included in the 2025 Nunavut Impact Review Board (NIRB) Annual Report.
Baffinland has been conducting this program on the cliffs at Bruce Head since 2014, which overlooks the Project’s Northern shipping route. Studying narwhal responses to shipping activities is part of our commitment to environmental stewardship and minimizing the potential impacts of our operations. We are proud of our adaptive monitoring and mitigation programs, which are developed with direct input from Inuit.
Supporting growth and success of Inuit within our workforce continues to be a priority at Baffinland. This is reflected in the dedication and achievements of employees participating in apprenticeship programs. Through hard work, perseverance and the development of advanced technical skills, these programs provide meaningful pathways to long-term careers.
Congratulations to the following apprentices who successfully achieved their Red Seal certification in 2025:
• Leo Manning – Heavy Duty Equipment Technician (Off-road)
• Brandon Kownirk Donovan – Heavy Duty Equipment Technician (Off-road)
• Jamie Uvilluk – Electrician
Earning a Red Seal certification is a significant professional achievement, demonstrating a high standard of technical expertise, commitment and determination. These accomplishments strengthen Baffinland’s workforce and contribute directly to safe, strong and successful operations.
We sincerely thank the respective departments and colleagues, including the Training team and fellow journey-persons, for their dedication and support of these individuals during the training process.
We are committed to supporting more employees as they continue to build their skills, achieve certification and pursue long-term careers within the company.
Congratulations to Kimmirut’s Mayukalik Hunters and Trappers Organization (HTO) on celebrating its 50th Anniversary in February.
Baffinland Inuit Knowledge Holder, Jawlie Akavak, and Community Relations Guide, Mattoo Michael, joined community members and dignitaries in the festivities. Participants enjoyed a country food feast, and had the chance to win prizes like a skidoo and
Baffinland appreciates the opportunity to celebrate this milestone with the community. We look forward to continuing our important relationship with the HTO in Kimmirut for generations to come. Happy 50th Anniversary!
In February, Leetia Kalluk took some time away from her role as intern with Baffinland’s Inuit Success team to pursue her passion for music. In addition to her role at the Mary River mine, Leetia is also an accomplished Inuktut singer-songwriter and was part of the Qilaut 10th Anniversary Tour.
She performed alongside fellow artists Kristy Kanayuk, Tooma Laisa and Jocelyn Malla. The tour kicked off at the Pond Inlet community hall on February 6th, followed by additional shows in Arviat and Cambridge Bay.
While working for Baffinland, Leetia competed in the 10th Annual Qilaut Contest in July, where she won third place and earned her spot on the tour.
Since joining Baffinland in June 2025, Leetia has been making an impact by helping develop career plans for Inuit employees, facilitating training sessions, and advocating for Inuit working at the Mary River mine.
“There are so many resources available to employees at the mine, like mental health support
and opportunities to advance our careers,” says Leetia. “I’m constantly encouraging others to work at Baffinland because it’s such a great company,” she adds. “I’ve had a very positive experience so far.”
In addition to her passion for music, Leetia has completed two years of a nursing program at Memorial University in Newfoundland and Labrador, and plans to continue her studies in the next few years.
We congratulate Leetia on her accomplishments, and wishing her continued success.
Congratulations to Qikiqtani Inuit Assoc. (QIA) on celebrating its 50th Anniversary in October!
Over the years, Baffinland and QIA have worked together through shared goals and mutual respect. Our collaboration has shaped meaningful progress in employment, training, environmental stewardship, and community engagement. From the signing of the Inuit Impact & Benefit Agreement (IIBA) to collaborative initiatives like the Annual Project Review Forum (APRF) and the Employment Training Information Sessions (ETIS), together we continue to demonstrate what’s possible when Inuit organizations and industry work together in the spirit of partnership.
We look forward to continuing our relationship and building on our shared commitment to a sustainable and prosperous future for Inuit and all communities in the Qikiqtani region. This milestone is a testament to QIA’s leadership and commitment to advancing the rights, culture, and well-being of Inuit across the Qikiqtani region.
From everyone at Baffinland, we wish QIA continued success in the years ahead!
Protecting the land, water, and wildlife is a cornerstone of our work at Baffinland. So too is the ongoing collaboration with Inuit to share knowledge and use Inuit Qaujimajatuqangit (IQ) to strengthen our Company’s approach.
In December, Baffinland participated in the Qikiqtaaluk Wildlife Board meeting in Iqaluit, which was an important opportunity for us to hear from representatives from all 13 Hunters and Trappers Organizations from the Qikiqtani Region. Paul Quassa, Senior Advisor to Baffinland, and Joseph Tigullaraq, Head of Northern Affairs, gave a detailed presentation on our extensive environmental monitoring programs, which have been running consecutively since 2013. They also provided an update on the Steensby Component of the Mary River Project, including permitting, environmental monitoring and management planning.
During the three-day meeting, we heard valuable information from community groups including Hunters and Trappers Organizations from Arctic Bay, Clyde River, Igloolik, Kinngait, Kimmirut, Pond Inldet and Sanirajak, as well as the Canadian Wildlife Service (ECCC), the Department of Fisheries and Oceans Canada (DFO), Government of Nunavut, Nunavut Tunngavik Incorporated (NTI), Regional Wildlife Organization, Nunavut Planning Commission, Nunavut Wildlife Management Board (NWMB), and World Wildlife Fund-Canada (WWF).
We thank everyone who took the time to participate in these meetings and contributed their valuable insights. At Baffinland, we believe that collaboration remains essential to responsible and sustainable development. We are committed to engaging in these important discussions as the Project moves forward.
Thank you to everyone who participated in the 2025 Mary River Annual Project Review Forum (APRF) in October. We were pleased to co-host the three-day forum with the Qikiqtani Inuit Association (QIA). The event was supposed to take place in Arctic Bay, but was held virtually due to inclement weather.
The virtual meeting was held entirely in Inuktitut and included community members from Arctic Bay, Clyde River, Igloolik, Pond Inlet and Sanirajak, along with representatives from QIA and Baffinland. The group had an in-depth discussion of the Mary River Project
and heard presentations from QIA and Baffinland.
Throughout the meeting, the group discussed Baffinland’s current operation, shipping activities, employment and training initiatives, contracting, monitoring programs and more. Participants also had the opportunity to ask questions and provide feedback. We are grateful for the valuable feedback we received on how to improve our operation.
Baffinland is committed to transparency, and to engaging and collaborating with our Inuit partners and community stakeholders.
In December, our Community and Strategic Development and Sustainable Development teams held two separate meetings in Igloolik and Sanirajak, with the Hamlet, Hunters and Trappers Organization (HTO), and the Canadian Rangers.
Each meeting involved open conversations about the Steensby Component. During the meetings, a significant amount of time was spent reviewing maps
of the shipping route through Foxe Basin to identify areas of importance, including walrus haul outs, calving and harvesting areas, and other locations and trails used by the community. The Canadian Rangers also provided insight on the local searchand-rescue pathways. The information shared with us during these discussions will help shape future mitigation strategies to ensure shipping activities respect wildlife, land use and community priorities.
At Baffinland, we understand that supporting strong economic growth in Nunavut is key to the long-term success of the territory. As part of our commitment to operating responsibly in the North, we are dedicated to working with our partners and stakeholders to ensure the Mary River Project provides benefits to all Nunavummiut as we move forward with the Steensby Component.
In March, Baffinland shareholders and members of our executive team met with Nunavut Premier John Main, Nunavut Tunngavik Inc. (NTI) President Paul Irngaut, and Minister of Mines Craig Simailak to discuss how we can continue working collaboratively to strengthen Inuit employment, expand training opportunities, and promote economic activity
across Nunavut.
We thank everyone who took the time to participate in these important discussions. At Baffinland, we are committed to prioritizing communication and collaboration with Inuit partners, and look forward to continuing this work together as we expand our operation to Steensby Inlet.
CORPORATE HEAD OFFICE
360 Oakville Place Drive, Suite 300 Oakville, Ontario, Canada 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 HEAD OFFICE
611 Queen Elizabeth Way, Suite 100, Iqaluit, Nunavut, Canada, 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