Vox Royalty (VOXR) investor relations material

Portfolio overview and capital structure

• Globally diversified portfolio with 67% of assets in Australia and 20% in North America, weighted 92% to gold receipts as of Q1 2026.

• Market capitalization of $389M, share price at $5.64, and $15.9M in cash with no debt and a $75M undrawn credit facility as of March 31, 2026.

• Key shareholders include major institutions and index funds such as BlackRock, Russell 2000, and GDXJ.

Financial performance and growth

• Achieved record $16.6M in annual receipts for 2025, representing 50% year-over-year growth.

• Q4 2025 receipts reached $7.4M, with 75% of Q4 receipts from precious metals.

• 2026 guidance targets $32–37M in royalty and metal receipts, with significant upside from 67 development and exploration assets.

• Several royalties have achieved full payback, with multiples up to 14x on invested capital.

Strategic acquisitions and organic growth

• $75M invested in 2025 across four accretive deals for 13 assets, including major gold and copper-gold royalties.

• Acquired a $60M global gold portfolio, increasing producing assets from 8 to 12 and total royalties to 78.

• Significant organic growth potential with plans for over 20 producing assets by 2028 and 35+ exploration-stage royalties.