BDGIFBADGER INFRASTRUCTURE SOLUTIONS LTD.

About BADGER INFRASTRUCTURE SOLUTIONS LTD. (BDGIF)

BADGER INFRASTRUCTURE SOLUTIONS LTD. (BDGIF) is a Engineering & Construction company headquartered in Calgary, AB, Canada whose shares trade over-the-counter on the OTCQX tier.

Badger is North America's largest provider of non-destructive excavating services. Badger works for contractors and facility owners in a broad range of infrastructure industries and in general commercial construction. 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 provides a safe alternative for certain customer excavation requirements. The Company's key technology is the Badger HydrovacTM, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquify the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. Badger is unique in the non-destructive excavation industry because it designs and manufactures all of its hydrovac units at its plant in Red Deer, Alberta, which has an annual production capacity of more than 350 hydrovac units. More recently, the Company has initiated a refurbishment program to extend the service life of certain units when it is financially prudent to do so based on the condition of the unit at the end of its normal useful life. To complement the Badger Hydrovac and expand the Company's service offerings, the Company has a select number of specialty units, mainly airvacs, combo trucks, and sewer and flusher units.

Products and services

The Company’s key technology is the Badger HydrovacTM, which uses a pressurized water stream to liquify the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. Badger is unique in the non-destructive excavation industry because it designs and manufactures all of its hydrovac units at its plant in Red Deer, Alberta, which has an annual production capacity of more than 350 hydrovac units. More recently, the Company has initiated a refurbishment program to extend the service life of certain units when it is financially prudent to do so based on the condition of the unit at the end of its normal useful life. To complement the Badger Hydrovac and expand the Company’s service offerings, the Company has a select number of specialty units, mainly airvacs, combo trucks and sewer and flusher units.

BDGIF key facts

Ticker symbol

BDGIF

Market tier

OTCQX

Sector

Industrials

Industry

Engineering & Construction

Headquarters

Calgary, AB, Canada

Country of incorporation

CA

Year of incorporation

2010

Employees

2,517

Estimated market cap

$1.26B (as of Aug 1, 2025)

Shares outstanding

33,740,238

Reporting standard

International Reporting: Toronto Stock Exchange

Audit status

Audited

Fiscal year end

12/31

Latest filing

Annual Report (Dec 31, 2022)

BADGER INFRASTRUCTURE SOLUTIONS LTD. leadership

• Robert George Blackadar — President, CEO
• Robert Paul Dawson — CFO
• Christopher Carl Gunn — Senior VP
• Logan Dean Mellott — Senior VP
• Reid E Yester — VP, Legal, General Counsel, Corporate Secretary
• Julie Anne Lee — Chief Human Resources Officer
• Anne Plasterer — Director, Inv. Rel.
• Eva Miclat — Other

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