Metalla Royalty & Streaming (MTA) Corporate presentation summary

Business overview

• Emerging mid-tier royalty and streaming company with 99 mining royalties and sector-leading production growth, focused on gold, silver, and copper in proven geological belts managed by top operators in safe jurisdictions.

• Asset base concentrated in North America, South America, and Australia, with 7 producing assets, 29 in development, 11 advanced exploration, and 52 exploration assets.

• Portfolio net present value (NPV) is 61% gold, 26% copper, 7% silver, and 6% other metals, with 53% of NPV in North America, 42% in South America, and 5% in Australia.

Growth and performance

• Projected compound annual growth rate (CAGR) of over 35% in gold equivalent ounces (GEOs) over six years, with significant near-term and long-term development assets.

• Top 10 assets have an average mine life of 20 years, with 9 of these operated by companies valued over $7B.

• Track record of strong NAV per share (NAVPS) growth, with average CAGR of 45% on material investments and $309M capital deployed across 99 royalties/streams.

• Trading at a material NAV discount to peers, with significant growth not yet reflected in current valuation.

Key assets and production outlook

• Major assets include Côté & Gosselin (Ontario, gold), Tocantinzinho (Brazil, gold), Endeavor (Australia, zinc/silver/lead), Copper World (Arizona, copper/gold/silver/molybdenum), Taca Taca (Argentina, copper/gold/molybdenum), Wharf (South Dakota, gold), Aranzazu (Mexico, copper/gold/silver/molybdenum), Castle Mountain (California, gold), and Fosterville (Australia, gold).

• Estimated annual GEO production: Côté & Gosselin ~450, Tocantinzinho ~1,300, Endeavor significant silver/zinc/lead output, Copper World ~750, Taca Taca ~2,600, Wharf ~800, Aranzazu ~700, Castle Mountain ~5,000.

• Multiple assets advancing through development with expected production or royalty payments commencing between 2026 and 2030.