Gold Royalty Corp. · AMEX:GROY
Gold Royalty — Q3 2025 Earnings Presentation
10 slides from Gold Royalty's earnings presentation, Nov 6, 2025
Slide 1: Third Quarter 2025 Results
Third Quarter 2025 Results November 6, 2025 1
Slide 2: Disclaimer
Disclaimer Cautionary Note Regarding Forward-Looking Statements Non-IFRS Measures We have included, in this presentation, certain performance measures that do not have standardized meanings prescribed under This presentation includes information and statements that constitute "forward-looking inform
Slide 3: Today's Speakers
Today’s Speakers David Garofalo Andrew Gubbels John Griffith Jackie Przybylowski Chairman, CEO and President Chief Financial Officer Chief Development Officer Vice President, Capital Markets goldroyalty.com / NYSE: GROY 3
Slide 4: 2025 Third Quarter Highlights
2025 Third Quarter Highlights Growing Royalty and Stream Revenue, Record Positive Operating Cash Flow and Adjusted EBITDA ▪ Record Adjusted EBITDA* of $2.5 million ▪ Record $4.6 million in Total Revenue, Land Agreement Proceeds and Interest* (1,323 GEOs*) ▪ General and administrative costs of $1.7 m
Slide 5: Gold Royalty's Track Record
Gold Royalty’s Track Record Focused on Growing NAV and Cash Flow on a Per Share Basis Today: 250+ assets Guidance 5,700- Dec 21, 2023: June 3, 2024: 7,000 GEO in 20251 SOQUEM Vareš Stream Dec 19, 2023: Portfolio Borborema Nov 5, 2021: Sep 8, 2022: Aug 30, 2023: Royalty & Loan Mar 1, 2022: Cozamin Ro
Slide 6: Four Unique Pillars of Growth
Four Unique Pillars of Growth Driving Gold Royalty’s Acquisitions to Date Flexible Growth Options Allow Gold Royalty to Pivot Growth Strategy to Suit the Environment – Today This Means Prioritizing Cash Flowing Assets (While Continuing to Generate Early-Stage Royalties Internally at Low Cost) Royalt
Slide 7: Key Assets Developments
Key Assets Developments Vareš1 – 100% Copper Stream Operator: DPM Metals Location: Bosnia and Herzegovina • New operator DPM Metals is well-positioned to strengthen operations at Vareš longer-term • Current focus on underground mine development for ~6 months to change mining sequence from top-down t
Slide 8: 2025 Guidance and Five-Year Outlook
2025 Guidance and Five-Year Outlook We Expect Significant Growth Over the Next Five Years Attributable Gold Equivalent Ounces to GROY Low Risk Growth: 23,000 - 28,000 - Low execution risk: Over 80% of our growth to 2029 comes from assets which are already permitted and built, at least to a first pha
Slide 9: Why Invest in Gold Royalty?
Why Invest in Gold Royalty? • Growth through acquisitions have provided significant near-term revenue and cash flow FREE CASH FLOW • Development of projects within Gold Royalty portfolio provide near-term growth at no additional cost INFLECTION • Strengthening revenues and positive FCF provide incre
Slide 10: Contact Info
Contact Info Email: info@goldroyalty.com Telephone: +1 (833) 396-3066 Address: 1188 West Georgia Street, Suite 1830, Vancouver, British Columbia, V6E 4A2 Canada