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STAR Diamond Corporation Announces Board Changes

Management Changes

NEWS RELEASE August 31, 2026

TSX: DIAM Saskatoon, Saskatchewan

STAR DIAMOND CORPORATION ANNOUNCES BOARD CHANGES

August 31, 2026, Saskatoon, Saskatchewan, Canada – Star Diamond Corporation (“Star

Diamond” or the “Company”) (TSX: DIAM) announces that Al Gourley will be stepping down

as a director of the Company effective August 31, 2026.

The Company is also pleased to announce that Brendan F. Moore has agreed to serve as Vice -

Chairman of the Board.

Mr. Moore is a seasoned global executive with more than 30 years of international leadership

experience across North America, Europe, Latin America and Asia-Pacific. He most recently served

as President of Ryan International, where he held full multi-region P&L accountability and led cross-

border M&A, enterprise transformation and governance alignment initiatives.

Mr. Moore brings deep expertise in global capital allocation, enterprise risk management, regulatory

strategy and long-term value creation, complemented by a strong entrepreneurial track record. He is

the Founder and CEO of Brendan Moore & Associates Ltd., where he led the transformation of

strategic tax governance and optimization programs for Fortune 500 enterprises. He previously

served as Vice President at Robert Brakel & Associates Ltd.

Commenting on the changes, Wayne Malouf, Chairman of the Board of Star Diamond Corporation,

said:

“On behalf of the Board and the Company, I want to thank Al for his contributions to Star Diamond

and his support of the Company. His decades of mining experience have been invaluable during a

time of important change. Everyone on the Board wishes him well as he takes on new challenges

and spends a little more time with family and personal pursuits.

“At the same time, I am pleased to welcome Brendan into the role of Vice- Chairman. His global

leadership experience and disciplined approach to governance and value creation will be a significant

asset to the Company as it continues to advance.”

About Star Diamond Corporation

Star Diamond Corporation is a Canadian-based corporation engaged in the acquisition, exploration

and development of mineral properties. Shares of the Company trade on the Toronto Stock Exchange

under the trading symbol “DIAM”.

The Company’s most significant asset is its interest in the Fort à la Corne property in central

Saskatchewan. The diamondiferous kimberlites are located in close proximity to established

infrastructure, including paved highways and the electrical power gri d, which provide significant

advantages for future mine development.

The Company’s address is Suite 702, 224 4th Avenue S., Saskatoon, Saskatchewan, S7K 5M5.

For further information, please contact:

Star Diamond Corporation

Phone: (306) 664-2202

Email: [email protected]

Website: www.stardiamondcorp.com