Empress Royalty (EMPR) Corporate presentation summary

Strategic focus and investment approach

• Specializes in gold and silver royalty and streaming investments, generating pure precious metals revenue from a globally diversified portfolio.

• Employs a disciplined, long-term strategy with tailored, asset-backed agreements and a focus on producing or near-term producing mines.

• Leverages a strategic partnership with Endeavour Financial for investment management and deal sourcing.

• Maintains a strong, experienced management team with over 250 years of combined mining finance expertise.

Portfolio and asset highlights

• Holds four cornerstone assets: Tahuehueto (Mexico), Sierra Antapite (Peru), Galaxy (South Africa), and Manica (Mozambique), all producing mines.

• Achieved record revenue of US $8M in 2024, with positive operational cash flow.

• Portfolio net asset value (NAV) is US $68M, with a market capitalization of US $30M, trading at a significant discount to NAV.

• Investments have enabled mine construction, production ramp-up, and operational expansion at partner sites.

Market positioning and financial performance

• Royalty and streaming model has historically outperformed both gold and gold miners ETFs in returns.

• Trading at a 51% discount to industry average price/NAV and a 60% discount to price/cash flow.

• Projected to generate US $78M in revenue over the next five years, with strong leverage to rising gold and silver prices.

• Maintains a robust capital structure with 118M shares outstanding, US $1M cash, and US $5.2M debt as of December 2024.