Deterra Royalties (DRR) Corporate presentation summary

Financial performance and capital allocation

• Generated over $850 million in revenue since listing, with an average 95% EBITDA margin.

• Paid approximately $560 million in dividends since listing, supporting strong shareholder returns.

• Maintains $500 million in credit facilities, with about $200 million undrawn for future investments.

Core assets and royalty structure

• Mining Area C (MAC) royalty provides exposure to a premier, long-life, low-cost iron ore asset operated by BHP.

• MAC royalty includes a 1.232% gross revenue royalty and capacity payments for production increases.

• Portfolio expanded from 6 to 28 assets after the Trident acquisition, spanning 15 paying royalties and offtakes across 11 countries.

Growth strategy and diversification

• Focuses on disciplined, value-accretive growth by targeting large, long-life, low-cost assets.

• Seeks diversification across commodities, geographies, operators, and asset stages.

• Targets investments in bulk, base, and battery metals, primarily in developed mining jurisdictions.