Metalla Royalty & Streaming (MTA) Corporate presentation summary

Strategic positioning and growth outlook

• Emerging mid-tier royalty and streaming company with over 100 mining royalties, focused on gold, silver, and copper in North America, South America, and Australia.

• Projected compound annual growth rate (CAGR) of over 35% in gold equivalent ounces (GEO) production over six years, with cornerstone assets including Côté-Gosselin, Tocantinzinho, Taca Taca, and Copper World.

• Asset portfolio is diversified across producing, development, advanced exploration, and exploration stages, with 53% of net present value (NPV) in North America and 61% in gold.

• Eight of the top ten assets are operated by companies with market caps over $2B, and the average mine life of top assets is 20 years.

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

Financials and capital structure

• Market capitalization of $813.4M with 92.6M basic shares outstanding and 97.1M fully diluted shares as of March 2026.

• Cash position of $9.0M, debt of $13.1M, and available liquidity of $61.9M, including a $40M borrowing capacity and $35M accordion availability.

• 52-week share price range between $2.55 and $9.05, with an average daily trading volume of 0.53M shares.

• Analyst consensus 12-month target price is $9.20.

• Institutional ownership includes Beedie Capital, Tether Holdings, Euro Pacific Asset Management, Merk Investments, Van Eck, Fidelity, and others.

Portfolio and asset highlights

• Portfolio includes 7 producing assets, 29 development assets, 11 advanced exploration assets, and 53 exploration assets.

• Key producing royalties: Aranzazu, Endeavor, Wharf, La Parrilla, Fosterville, La Encantada, and Tocantinzinho.

• Major development royalties: Côté & Gosselin, Copper World, Taca Taca, Castle Mountain, and others.

• Notable assets: Côté & Gosselin (Ontario, gold, 1.5% NSR), Tocantinzinho (Brazil, gold, 0.75% GVR), Endeavor (Australia, zinc/silver/lead, 4% NSR), Copper World (Arizona, copper/gold/silver/molybdenum, 0.315% NSR), Taca Taca (Argentina, copper/gold/molybdenum, 0.42% NSR), Wharf (South Dakota, gold, 1% GVR), Aranzazu (Mexico, copper/gold/silver/molybdenum, 1% NSR), Castle Mountain (California, gold, 5% NSR), Fosterville (Australia, gold, 2.5% GVR).