SALT LAKE CITY, Utah — April 11, 2024

Boart Longyear Group Ltd. (ASX: BLY) (Boart Longyear or the Empresa) is pleased to advise that the plan of arrangement pursuant to which an entity wholly owned by funds managed by American Industrial Partners (Purchaser) will acquire all of the issued and outstanding common shares of the Company (Transaction) has now closed. [Download Release]