OR Royalties Inc.

OR Royalties silver and copper streams on the CSA underground mine in New South Wales, Australia, operated by MAC Copper Limited. Expected to deliver ~8,086 GEOs annually based on 2024 actuals.

OR Royalties 100% silver stream on the Gibraltar open-pit copper-molybdenum-silver mine in British Columbia operated by Taseko Mines. Stream amended in December 2024 to increase attributable silver percentage to 100%.

OR Royalties silver stream on the Mantos Blancos copper mine in Antofagasta, Chile, operated by Capstone Copper Corp. Expected to deliver ~9,430 GEOs annually based on 2024 actuals.

OR Royalties 100% silver stream on the Sasa underground zinc-lead-silver mine in North Macedonia operated by Central Asia Metals plc. Transitioning to cut and fill stoping and long-hole stoping with paste backfill. Central Decline completed in December 2024.

OR Royalties gold stream and NSR royalty on the Cascabel copper-gold porphyry project in Ecuador, operated by SolGold Plc. Stream covers the Alpala deposit. Expected LOM average annual production of 123 kt Cu and 277 koz Au.

silver stream interest operated by Orla Mining Ltd. in Nevada, United States. Terms: 100% silver stream. [Identity row — full extraction queued for supplement pass]

silver stream interest operated by Falco Resources Ltd. in Quebec, Canada. Terms: 90% - 100% silver stream. [Identity row — full extraction queued for supplement pass]

gold, silver stream interest operated by Gold Resource Corporation in Michigan, United States. Terms: 18.5% Au / 85% Ag streams. [Identity row — full extraction queued for supplement pass]

OR Royalties 3-5% NSR royalty over the Canadian Malartic Complex in Québec operated by Agnico Eagle Mines Limited. The complex comprises the Barnat open-pit and the Odyssey Underground Mine. Expected to deliver ~32,588 GEOs annually based on 2024 actuals. Flagship cornerstone asset.

OR Royalties 0.1% NSR royalty over the Fruta del Norte underground gold mine in Ecuador operated by Lundin Gold. Expected to produce 475-525 koz Au in 2025.

OR Royalties 4% NSR royalty over the Pan open-pit heap leach gold mine in Nevada operated by Calibre Mining. Royalty covers the Pan mine and surrounding areas including Palomino.

OR Royalties 1% to 4% GSR royalty over portions of the Bald Mountain open-pit heap leach gold mine in Nevada operated by Kinross Gold.

OR Royalties 1.38%-3% NSR royalty over the Island Gold District in Ontario operated by Alamos Gold. Phase 3+ Expansion underway to increase underground mining throughput to at least 2,400 tpd with the addition of a shaft. Ore now being trucked and processed through the Magino mill.

OR Royalties 3% NSR royalty over the Santana open-pit heap leach gold mine in Sonora, Mexico operated by Minera Alamos.

OR Royalties 3% NSR royalty over the Seabee gold mine in Saskatchewan operated by SSR Mining. Consists of the Santoy underground mine and Seabee mill facility. Operations were suspended for over 50 days in 2024 due to forest fires but fully reinstated in October 2024.

OR Royalties 2.2-3.5% NSR royalty over the Éléonore gold mine in Québec operated by Dhilmar Ltd. Underground mine using sill and stope techniques and conventional cyanidation circuit. Acquired by Dhilmar from Newmont in November 2024.

OR Royalties 2% NSR royalty over the Ermitaño underground gold and silver mine in Sonora, Mexico operated by First Majestic Silver Corp. Royalty covers the Cumobabi property, Luna Zone, and the newly discovered Navidad vein system. Expected to produce 1.6-1.8Moz Ag and 71-79koz Au in 2025.

gold royalty interest operated by Cardinal Namdini Mining Ltd. in Upper East Region, Ghana. Terms: 2% NSR royalty Au (1% + additional 1% acquired January 2026). [Identity row — full extraction queued for supplement pass]

OR Royalties 1.7% NSR royalty over the Bralorne gold project in British Columbia operated by Talisker Resources.

OR Royalties 1.5% GRR royalty over the Dolphin Tungsten mine on King Island, Australia operated by Group 6 Metals.

gold royalty interest operated by Kinross Gold Corporation in Nevada, United States. Terms: 1% / 4% GSR (gross smelter return) royalty Au USA. [Identity row — full extraction queued for supplement pass]

diamond royalty interest operated by Lipari Mineração Ltda in Bahia, Brazil. Terms: 1% GR royalty Diamonds. [Identity row — full extraction queued for supplement pass]

OR Royalties 1% NSR royalty over the Lamaque Complex underground gold mine in Québec operated by Eldorado Gold. Royalty covers the producing Triangle deposit as well as the prospective Ormaque, Plug #4, and Parallel deposits.

gold royalty interest operated by Agnico Eagle Mines Limited in Ontario, Canada. Terms: 1% NSR royalty Au on Macassa Tailings Hub. [Identity row — full extraction queued for supplement pass]

gold royalty interest operated by Osisko Development Corp. in British Columbia, Canada. Terms: 5% NSR royalty Au. [Identity row — full extraction queued for supplement pass]

gold royalty interest operated by Solidus Resources LLC in Nevada, United States. Terms: 0.5-3.5% NSR royalty Au (acquired via Terraco Gold Feb 2026). [Identity row — full extraction queued for supplement pass]

zinc, lead royalty interest operated by Pine Point Mining Limited in Northwest Territories, Canada. Terms: 3% NSR royalty Zn, Pb. [Identity row — full extraction queued for supplement pass]

gold royalty interest operated by Gold Fields Limited in Quebec, Canada. Terms: 2-3% NSR royalty Au. [Identity row — full extraction queued for supplement pass]

gold, silver, copper royalty interest operated by Western Copper & Gold Corporation in Yukon, Canada. Terms: 2.75% NSR royalty Au, Ag, Cu. [Identity row — full extraction queued for supplement pass]

gold, copper royalty interest operated by Agnico Eagle Mines Limited in Quebec, Canada. Terms: 2.5% NSR royalty Au, Cu (covers less than half of planned open-pit mine surface area). [Identity row — full extraction queued for supplement pass]

gold royalty interest operated by Agnico Eagle Mines Limited in Ontario, Canada. Terms: 2% NSR royalty Au. [Identity row — full extraction queued for supplement pass]

gold royalty interest operated by Agnico Eagle Mines Limited in Quebec, Canada. Terms: 0.435-2% NSR royalty Au. [Identity row — full extraction queued for supplement pass]

lithium royalty interest operated by PMET Resources Inc. in Quebec, Canada. Terms: 2% NSR royalty Lithium (Li). [Identity row — full extraction queued for supplement pass]

gold, copper royalty interest operated by Agnico Eagle Mines Limited in Ontario, Canada. Terms: 2% NSR royalty Au, Cu. [Identity row — full extraction queued for supplement pass]

gold royalty interest operated by Saturn Resources Ltd. in Kakamega County, Kenya. Terms: 2% NSR royalty Au. [Identity row — full extraction queued for supplement pass]

gold, silver royalty interest operated by OceanaGold Corporation in Coromandel Peninsula, New Zealand. Terms: 2% NSR royalty Au, Ag. [Identity row — full extraction queued for supplement pass]

copper, gold royalty interest operated by Regulus Resources Inc. in Cajamarca, Peru. Terms: 0.75-1.5% NSR royalty Cu, Au. [Identity row — full extraction queued for supplement pass]

copper, silver royalty interest operated by Highland Copper Company Inc. in Michigan, United States. Terms: 1.5% NSR royalty Cu + 0.115% NSR royalty Ag. [Identity row — full extraction queued for supplement pass]

copper, silver royalty interest operated by White Pine Copper LLC in Michigan, United States. Terms: 1.5% NSR royalty Cu + 12.5% NSR royalty Ag. [Identity row — full extraction queued for supplement pass]

OR Royalties GRR royalty on the Dalgaranga Gold Project in Western Australia, operated by Spartan Resources Ltd. Covers the Never Never and Pepper high-grade underground deposits.

copper royalty interest operated by South32 Limited / Trilogy Metals Inc. in Alaska, United States. Terms: 1% NSR royalty Cu. [Identity row — full extraction queued for supplement pass]

zinc, lead, silver royalty interest operated by South32 Limited in Arizona, United States. Terms: 1% NSR royalty on sulphide ores. [Identity row — full extraction queued for supplement pass]