Mountain Province Diamonds Announces Third Quarter Financial Results for 2025

11 November 2025

Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) today announces financial results for the third quarter ended September 30, 2025 ("the Quarter" or "Q3 2025") from the Gahcho Kué Diamond Mine ("GK Mine"). All figures are expressed in Canadian Dollars unless otherwise noted.

Q3 2025 Key Takeaways

• 409,081 carats were sold for total proceeds of $29.2 million (US$21.2 million) at an average price of $71 per carat (US$52).
• Adjusted EBITDA¹ of ($4.3) million.
• Loss from mine operations of $29.0 million.
• Net loss of $55.9 million or $0.26 basic and diluted loss per share.

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