MDA Space — Audit Report / Information 2024

Aug 7, 2025

KPMG

KPMG LLP
100 New Park Place, Suite 1400
Vaughan, ON L4K 0J3
Tel 905-265 5900
Fax 905-265 6390
www.kpmg.ca

Private and Confidential

• Alberta Securities Commission
• Autorité des marchés financiers
• British Columbia Securities Commission
• Financial and Consumer Affairs Authority of Saskatchewan
• Financial and Consumer Services Commission, New Brunswick
• Nova Scotia Securities Commission
• Financial and Consumer Services Division, Prince Edward Island
• Office of the Superintendent of Securities Service Newfoundland & Labrador
• Ontario Securities Commission
• Office of the Superintendent of Securities Nunavut
• Manitoba Securities Commission
• Office of the Superintendent of Securities, Northwest Territories
• Office of the Yukon Superintendent of Securities

To whom it may concern:

Re: MDA Space Ltd. (the "Entity")

We refer to the short form prospectus of the above Entity dated August 7, 2025, relating to the sale and issue of common shares, preference shares, debt securities, subscription receipts, warrants, and units of the Entity.

We, KPMG LLP, consent to being named and to the use, through incorporation by reference in the above-mentioned short form prospectus, of our report dated March 6, 2025, to the shareholders of the Entity on the following consolidated financial statements:

• Consolidated statement of financial position as at December 31, 2024 and December 31, 2023,
• Consolidated statements of comprehensive income, changes in shareholders' equity and cash flows for the years then ended, and
• Notes to the consolidated financial statements, including a summary of material accounting policy information.

We report that we have read the short form prospectus and all information specifically incorporated by reference therein and have no reason to believe that there are any misrepresentations in the information contained therein that are derived from the consolidated financial statements upon which we have reported or that are within our knowledge as a result of our audit of such consolidated financial statements. We have complied with Canadian generally accepted standards for an auditor's consent to the use of a report of the auditor included in an offering document, which does not constitute an

KPMG LLP, an Ontario limited liability partnership and member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. KPMG Canada provides services to KPMG LLP. Document classification: KPMG Confidential

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KPMG

audit or review of the prospectus as these terms are described in the CPA Canada Handbook – Assurance.

Yours very truly,

KPMG LLP

Chartered Professional Accountants, Licensed Public Accountants

August 7, 2025

Toronto, Canada