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Graham Duff Promoted to Risk Consultant

We are very pleased to announce the promotion of Graham Duff to the role of Risk Consultant at
Iridium.

Before joining Iridium in April 2023, Graham spent several years managing personal and
commercial lines portfolios at a leading national insurer. He has also worked across northern
Alberta and BC in oilfield services roles, practical experience that informs his work with current
clients, which include domestic and international E&Ps, oilfield services, and manufacturing
companies.

A graduate of the University of Calgary, Graham holds a Bachelor of Arts, a Chartered Insurance
Professional (CIP) designation, and is currently pursuing his Canadian Risk Management (CRM)
designation. In addition to his account work, Graham is a member of Iridium’s Property Insurance
Centre of Excellence.

Graham’s promotion to the role of Risk Consultant reflects his continued dedication to Iridium’s
core values, the valuable relationships he has built in the domestic and international insurance
marketplace and his expertise in our sector. Please join us in congratulating Graham on his
promotion!

Pure is a company that has grown significantly both in size and complexity over the last 10 years and required a new perspective on its overall risk management approach. Through a detailed and in-depth review of our Company and our business, Iridium was quickly able to immediately add value to Pure by helping us develop and implement a comprehensive insurance program that ensured appropriate coverage on a cost effective basis. Our senior management has been very impressed with both the professionalism and responsiveness of the Iridium team as we have made the transition from our previous provider. We look forward to a strong and long term business partnership between Pure and Iridium as our business continues to grow.

—Geoffrey D. Krause, CA, CPA
Vice President and CFO,
Pure Technologies

We were impressed with the depth of research and analysis Iridium preformed in determining our operational exposures and regulatory insurance requirements. Iridium developed and executed an intelligent marketing strategy which resulted in a competitively priced insurance program that reflected our exposure needs. We now consider them to be our partner in risk management.

—Bruce Sherley
P.Eng, President,
Dundee Oil and Gas Ltd.

The Iridium team is very enthusiastic, knowledgeable and professional, and consistently provides timely and relevant advice regarding insurance and risk management issues that are of importance to Propak. Iridium generated underwriter interest in our account through a strategic marketing exercise that resulted in policy coverage improvements alongside a reduction in premium. Iridium analyzed our insurance program and policies, identifying gaps in coverage and wording improvements and proposing and placing new policies, ultimately optimizing our insurance program. Propak is pleased to be working with such a talented and committed team at Iridium. I wish we had made the change years ago!

—Barry C. Taylor, CA
VP Finance and Administration,
Propak Systems Ltd.

I have to say that I am one happy customer. Iridium and NMB have delivered significant value to WesternZagros with the insurance policies that we have had in the past and the support with the claim, and now with a very competitive quote for insurance going forward. I pass on the gratitude of our entire executive team for this support, as I have to say that without your assistance I do not believe we would have achieved the success we have had recently at Sarqala.

—Greg Stevenson
Chief Financial Officer,
WesternZagros Resources Ltd.

The Iridium approach to insurance and risk management is very inclusive, encouraging representation from across the business to fully understand the business risks and requirements. The Iridium team brings extensive oil and gas experience, together with useful benchmarking, market research and relationships with insurers that results in intelligent and cost effective risk solutions. Iridium are an important part of our business and we share similar corporate values as Calgary based, owner managed teams with significant pride of ownership and determination to succeed.

—David French
CFO and VP Finance,
Burgess Creek Exploration Inc.

“Enerflex is a complicated global account and I have been extremely impressed with the way that the team at Iridium has been able to dissect and understand our risks to ensure our policies are appropriate for our organization. There are a number of touch points around the globe and the team at Iridium has seamlessly coordinated our program. I am extremely pleased with the risk management focus of Iridium and the results that their unique approach has brought to our company.”

—Jeremy Weatherhead
Treasurer,
Enerflex Ltd.

Through the last two companies I’ve been involved with, I have partnered with Iridium for the last 10+ years. They continue to impress me with their energy industry expertise and unique focus on managing the broad spectrum of enterprise risks that energy companies face. They currently provide Aureus with year-round prompt support and valuable risk advice integral to our fast-paced and geographically spread-out operations. Iridium has been a great advocate for Aureus in the insurance marketplace and has helped us navigate the challenges of our company’s growth, cost-effectively. They also routinely take time to meet and educate members of our team on insurance coverages and industry leading risk management practices. Aureus considers Iridium a valued risk management advisor and have integrated them into our team. We highly recommend them to any company.

—Ron Hozjan, VP Finance & CFO, Aureus Energy Services

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