Fairfax converts US$150 million Orla Mining notes into 26,582,275 shares

• Fairfax converted US$ 150 million of Orla Mining senior unsecured convertible notes into 26,582,275 common shares at C$ 7.9 a share.
• The conversion shares equal about 7.1% of Orla’s outstanding shares.
• Total holdings rise to 58,399,504 common shares, about 15.7% of Orla on a non-diluted basis.
• Fairfax also holds 17,544,302 warrants exercisable at C$ 11.5, lifting ownership to about 19.5% on a partially diluted basis.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fairfax Financial Holdings Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-071204), on June 08, 2026, and is solely responsible for the information contained therein.