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 and safe jurisdictions.

• Asset base concentrated in North America, South America, and Australia, with 9 of top 10 assets operated by companies valued over $7B and an average 20-year mine life.

• Management has executed over 100 royalty acquisitions in 33 transactions over 8 years, emphasizing disciplined capital allocation.

Asset portfolio and growth

• Portfolio includes 7 producing, 29 development, 11 advanced exploration, and 52 exploration assets, with a focus on gold (61% NPV), copper (26%), and silver (7%).

• Key cornerstone assets: Côté-Gosselin, Tocantinzinho, Taca Taca, Copper World, Castle Mountain, and Fosterville.

• Estimated compound annual growth rate (CAGR) of over 35% in gold equivalent ounces (GEOs) over six years, with significant production ramp-up expected from 2025 to 2030.

Financials and capital structure

• 92.9M basic shares outstanding, 96.9M fully diluted; market cap of $604.9M at $6.24/share as of March 27, 2026.

• Available liquidity of $61.9M, with borrowing capacity of $40M and an additional $35M accordion availability.

• Analyst consensus 12-month target price is $9.75, indicating a material NAV discount to peers.