Triple Flag Precious Metals Corp. · TSX:TFPM

Triple Flag Precious Metals — Q1 2023 Earnings Presentation

14 slides from Triple Flag Precious Metals's earnings presentation, May 10, 2023

  1. Slide 1: Growing a Major Precious Metals Streaming and Royalty Company

    GROWING A MAJOR PRECIOUS METALS STREAMING AND ROYALTY COMPANY May 10, 2023 Q1 2023 Results Presentation TSX:TFPM | NYSE:TFPM

  2. Slide 2: Cautionary Statements

    CAUTIONARY STATEMENTS This presentation does not constitute an offer to sell or a solicitation of an offer to purchase any security in any jurisdiction Cautionary Note Regarding Forward-Looking Information and Statements: This presentation contains “forward-looking information” within the meaning of

  3. Slide 3: Presenters

    Q1 2023 RESULTS PRESENTERS Shaun Usmar Sheldon Vanderkooy James Dendle Katy Board Eban Bari CEO and Director CFO SVP, Corporate Development VP, Talent and ESG VP, Finance TSX:TFPM | NYSE:TFPM Shaun Usmar, CEO and Director 3

  4. Slide 4: Triple Flag Q1 2023

    Q1 2023 RESULTS TRIPLE FLAG Q1 2023  Record GEOs and financial results in Q1 2023  Record 27 koz GEOs 1  Record $39M operating cash flow  Significant increase in trading liquidity  Added to several indices including the GDXJ 2  ADTV increased 10x following closing of Maverix acquisition in Jan

  5. Slide 5: Q1 2023 Financials

    Q1 2023 RESULTS Q1 2023 FINANCIALS Record financial results $ thousands, except GEOs, per share metrics, and asset margin Q1 2023 Q1 2022 Gold Equivalent Ounces (GEOs) 1,2 26,599 20,113 Revenue $50,269 $37,755 Net Earnings $16,534 $15,889 EPS $0.09 $0.10 Adjusted Net Earnings 2 $13,516 $15,471 Recor

  6. Slide 6: Pure Play Precious Metals

    Q1 2023 RESULTS PURE PLAY PRECIOUS METALS High-quality diversification Asset Commodity Geography Q1 2023 Revenue Q1 2023 Revenue Q1 2023 Revenue Diversified 95% Precious 82% Australia revenue Metals and Americas Cerro Lindo 28% Gold 52% Australia 20% ATO 12% Silver 43% Latin America 37% Northparkes

  7. Slide 7: Growth and Performance Since IPO

    Q1 2023 RESULTS GROWTH AND PERFORMANCE SINCE IPO Successfully executed over the past two years ` Today IPO May 2023 May 2021 Share Price (US$/sh) $16.98 $13.00 TFPM up 31% Share Price Performance since IPO 1,2 Versus Peer Average up 6% and GDX down 9% GEOs 3 100 – 115 koz 2023E Guidance 63 koz 2020A

  8. Slide 8: Asset Highlights

    Q1 2023 RESULTS ASSET HIGHLIGHTS Portfolio performing well with numerous catalysts Northparkes Camino Rojo ATO Advancing Produced 26 koz Au in Q1 Successful winter leaching commencement of surface and on track to meet 100 - with reagent supply; mining at E31 (high-gold 110 koz 2023E guidance announc

  9. Slide 9: Shareholder Base

    Q1 2023 RESULTS SHAREHOLDER BASE Strong shareholder base and transformed trading liquidity 3-Month Average Daily Traded Volume 1 1,000 900 800  Dual listed on TSX and NYSE 700 3-Month ADTV (000 shares) Increase in liquidity following closing of the  Robust institutional and strategic ownership 600

  10. Slide 10: Building the Next Senior Streamer

    Q1 2023 RESULTS BUILDING THE NEXT SENIOR STREAMER Track record, continued organic growth and firepower to grow value $3.4B 100-115 koz +140 koz 2023E GEOs 5 Year Average Outlook 2 Market Cap 1 Guidance 2 (2024E – 2028E) 229 Assets 1.2% +$640M 29 Paying Assets Streams and Royalties Dividend Yield 1 A

  11. Slide 11: RBPlat Styldrift Mine Q&A

    RBPlat Styldrift Mine Q&A TSX:TFPM | NYSE:TFPM 11

  12. Slide 12: Appendix

    Eskay Creek Appendix TSX:TFPM | NYSE:TFPM 12

  13. Slide 13: Non-IFRS Measures

    APPENDIX NON-IFRS MEASURES Gold Equivalent Ounces (“GEOs”) GEOs are a non-IFRS measure and are based on stream and royalty interests and are calculated on a quarterly basis by dividing all revenue from such interests for the quarter by the average gold price during such quarter. The gold price is de

  14. Slide 14: Reconciliation to IFRS Measures

    APPENDIX RECONCILIATION TO IFRS MEASURES Gold Equivalent Ounces (“GEOs”) Adjusted EBITDA Three months ended Three months ended March 31 ($ thousands, except average gold price March 31 ($thousands) 2023 2022 and GEOs information) 2023 2022 Net earnings $16,534 $15,889 Revenue 50,269 37,755 Finance c

Triple Flag Precious Metals — Q1 2023 Earnings Presentation on 6ix