Slide 1: Q1 2026 Results Presentation
Q1 2026 RESULTS PRESENTATION May 6, 2026 TSX TFPM | NYSE TFPM May 2026 TRIPLE FLAG PRECIOUS METALS
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
Slide 3: Presenters
Q1 2026 RESULTS PRESENTERS Sheldon Vanderkooy Eban Bari James Dendle CEO and Director CFO COO TRIPLE FLAG PRECIOUS METALS Sheldon Vanderkooy, CEO 3
Slide 4: Triple Flag Q1 2026
Q1 2026 RESULTS TRIPLE FLAG Q1 2026 Record GEOs and financial results – 30 koz GEOs 1 – $129M Adjusted EBITDA 2 – $0.55 CFPS, up from $0.33 in Q1 2025 Northparkes growth plans announced in February – E22 block cave approved, E44 gold deposit advancing with minimum deliveries, studying mill expan
Slide 5: Q1 2026 Financials
Q1 2026 RESULTS Q1 2026 Financials $ thousands, except GEOs and per share metrics Q1 2026 Q1 2025 Gold Equivalent Ounces (GEOs) 1 30,166 28,761 Revenue $146,993 $82,245 Net Earnings $116,929 $45,521 Adj. EPS up 125% Net Earnings per Share $0.57 $0.23 Adj. EBITDA up 82% Adjusted Net Earnings 2 $92,70
Slide 6: Hope Bay
HOPE BAY 1.0% NSR ROYALTY NUNAVUT Cornerstone Growth Asset 80 km greenstone belt hosts three gold deposits (Doris, Madrid and Boston) Over 90 regional exploration targets Potential 400-425 koz Producer Expected design throughput of 6,000 tpd Project update and construction decision expected in May S
Slide 7: Gunnison
GUNNISON 3.0% GR ROYALTY ACQUISITION ARIZONA Royalty Acquisition Pre-existing 3% GR royalty on the Gunnison Copper open pit project 1 Acquired from Greenstone in March 2026 for $23M 152 Mlbs Annual Production 3.2 billion lbs of copper over 21-year mine life based on Updated 2026 PEA Conventional ope
Slide 8: Growth Beyond 2030
Q1 2026 RESULTS GROWTH BEYOND 2030 Diversified across long-life district scale systems in Nevada, BC, Nunavut and Australia ARTHUR KEMESS HOPE BAY NORTHPARKES 1.0% NSR ROYALTY 100% AG STREAM 1 1.0% NSR ROYALTY 54% AU | 80% AG STREAM 2 NEVADA, US BC, CANADA NUNAVUT, CANADA NSW, AUSTRALIA • Rapid reso
Slide 9: Triple Flag Overview
Q1 2026 RESULTS TRIPLE FLAG OVERVIEW Track record, continued organic growth and capital to grow value Leading Sustainability $6.5B 95-105 koz 140-150 koz Ratings 2026E GEOs 2030E GEOs Market Cap 1 Guidance 2 Outlook 2 Leading Insider 240 Assets $0.23/sh $1.14B Ownership and Alignment 34 Producing As
Slide 10: Q&A
Q&A Arthur TRIPLE FLAG TSX:TFPM PRECIOUS METALS | NYSE:TFPM 10
Slide 11: Non-IFRS Measures
APPENDIX NON-IFRS MEASURES Adjusted Net Earnings and Adjusted Net Earnings per Share Adjusted net earnings is a non IFRS financial measure, which excludes the following from net earnings: impairment charges, write-downs, and reversals, including expected credit losses; gain/loss on sale or dispositi
Slide 12: Reconciliation to IFRS Measures
APPENDIX RECONCILIATION TO IFRS MEASURES Adjusted Net Earnings Adjusted EBITDA Three months ended March 31, Three months ended March 31, ($ thousands, except share and per share information) 2026 2025 ($ thousands) 2026 2025 Net earnings $ 116,929 $ 45,521 Net earnings $ 116,929 $ 45,521 Foreign cur