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 8 of top 10 assets operated by companies valued over $5B and average 20-year mine lives.

• Portfolio includes 7 producing, 29 development, 11 advanced exploration, and 52 exploration assets.

• Management has executed over 100 royalty acquisitions in 33 transactions over 8 years.

Growth and financial highlights

• Projected compound annual growth rate (CAGR) of over 35% in gold equivalent ounces (GEO) production over six years.

• NAV by continent: 55% North America, 38% South America, 7% Australia; by metal: 63% gold, 21% copper, 12% silver.

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

• Portfolio investment of $309M has driven consensus NAV to $762M as of June 2026.

Key assets and operations

• Cornerstone assets include Côté-Gosselin (Ontario, gold), Tocantinzinho (Brazil, gold), Taca Taca (Argentina, copper/gold), and Copper World (Arizona, copper/gold/silver/molybdenum).

• Côté-Gosselin: 1.5% NSR, first royalty payment expected 2028, average annual GEO ~450.

• Tocantinzinho: 0.75% GVR, commercial production since 2024, ~1,300 GEOs/year.

• Taca Taca: 0.42% NSR, 35-year LOM, average annual GEO ~2,600, final ESIA approval expected H1-2026.

• Copper World: 0.315% NSR, average annual GEO ~750, Mitsubishi acquired 30% JV for $600M, production as early as 2029.