LunR Royalties (LUNR) Investor presentation summary

Strategic positioning and growth

• Focused on capturing value in the mining royalty and streaming sector, spun out from NGEx Minerals.

• Aims to become a leading precious metals royalty and streaming company, targeting the intermediate market cap space ($2B–$10B).

• Recently closed a transformational acquisition of a life-of-mine uncapped silver stream on the Fruta del Norte mine.

• Now positioned as the sixth-largest precious metals royalty and streaming company by market cap within a year of inception.

• 100% of revenue is currently derived from silver.

Portfolio and asset exposure

• Portfolio includes high-quality royalty and streaming interests in Fruta del Norte (Ecuador), Lunahuasi (Argentina), and Los Helados (Chile).

• Fruta del Norte stream provides immediate cash flow and exposure to a top-tier, low-cost, high-grade gold mine.

• Lunahuasi and Los Helados offer significant exploration upside in the Vicuña District, one of the world's largest emerging copper-gold-silver production centers.

• Streamed metal agreements provide long reserve life and potential for production growth through mill expansion and exploration.

Financials and capital structure

• As of May 28, 2026: 120.9M basic shares outstanding, C$2.7B market cap, $0.4M cash, no debt.

• Major shareholders include Lundin Family Trusts (47.1%), Newmont (2.3%), NGEX Minerals (11.1%), management/insiders (13.3%), and others (26.2%).