Mr. Robert Blackadar reports

BADGER ANNOUNCES VOTING RESULTS OF 2026 ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

All of the motions put forward at Badger Infrastructure Solutions Ltd.'s annual and special meeting of shareholders held on May 1, 2026, were approved by its shareholders. A total of 27,386,225 common shares in the capital of the company, representing approximately 81.17 per cent of the issued and outstanding common shares, were represented in person (including virtually) or by proxy at the meeting.

All 10 director nominees proposed by management were elected. The results of the vote are detailed in the attached table.

Further, the results of the vote for the following items of business, each as further described in the company's notice of meeting and management information circular dated March 5, 2026, were as follows:

• 27,374,120 (99.96 per cent) votes in favour of appointing Deloitte LLP as the company's auditor;
• 26,275,385 (98.07 per cent) votes in favour of the company's approach to executive compensation;
• 26,765,995 (99.90 per cent) votes in favour of the amendments to the company's articles;
• 26,771,372 (99.92 per cent) votes in favour of the amendments to the company's bylaws;
• 26,384,999 (98.50 per cent) votes in favour of the adoption of the company's shareholder rights plan.

About Badger Infrastructure Solutions Ltd.

Badger Infrastructure is North America's largest provider of non-destructive excavation and related services, serving a broad customer base across a diverse range of construction, utility, transportation, industrial and other end-use markets. Badger's customers typically operate near high concentrations of underground power, communication, water, gas and sewer lines, where safety and economic risks are high, and where non-destructive excavation provide a safe alternative for certain customer excavation requirements. Badger's key system is the Badger Hydrovac, which uses a pressurized water stream to liquify the soil cover, which is then removed with a powerful vacuum and deposited into a storage tank. Badger operates a vertically integrated business model, designing and manufacturing its Badger Hydrovac fleet at its facility in Red Deer, Alta., which has an annual production capacity of more than 350 units. This approach provides Badger with direct control over equipment specifications, fleet availability and life cycle management, supporting operational consistency across its Canadian and U.S. operations. To complement the Badger Hydrovac and expand Badger's service offerings, Badger has a select number of specialty units, mainly combo trucks, sewer and flusher units, dump trucks, rock slingers, and airvacs.