Metalla Royalty & Streaming Ltd. · TSXV:MTA
Metalla Royalty & Streaming — Investor Presentation (October 2026)
29 slides from Metalla Royalty & Streaming's investor presentation, October 2026
Slide 1: October 2026
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 1 October 2026 NYSE & TSXV: MTA METALLAROYALTY.COM
Slide 2: Forward Looking Statements
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 2 Forward Looking Statements This presentation contains certain "forward looking statements" and certain "forward-looking information" as defined under Forward-looking statements and information are based on forecasts of future results,
Slide 3: About
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 3 About Metalla is an emerging mid-tier royalty and streaming company with nearly 100 mining royalties and sector leading production growth. Our aim is to provide investors leverage to gold, silver, and copper; and enhance shareholder v
Slide 4: The Case for Investment
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 4 The Case for Investment ROYALTY COMPANY DELIVERING INDUSTRY LEADING GROWTH Peer-Leading Best In Class Best In Class Growth Focused on Jurisdictional Risk Operator Risk Inflationary Metals Profile Profile Projected six-year >35% CAGR A
Slide 5: The Capital Structure
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 5 The Capital Structure Basic Shares Outstanding (M) 94.0 52 week high/low MTA - Share Price (Daily) MTA - Volume (Daily) Options & Other Dilutive Securities (M) 3.7 $11.35/$6.06 Fully Diluted Shares Outstanding (M) 97.7 $12.00 3.50 M M
Slide 6: Portfolio of assets focused solely on favorable mining jurisdictions
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 6 7 Producing Assets Portfolio of assets focused solely on favorable mining 28 jurisdictions in the Development Assets Americas & Australia 11 Advanced Exploration Assets 52 Exploration Assets
Slide 7: Asset Portfolio Highlights
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 7 Asset Portfolio Highlights HIGH GROWTH PORTFOLIO FOCUSED ON GOLD, COPPER AND SILVER IN SAFE JURISDICTIONS NPV by Continent NPV by Metal NPV by Stage Advanced Exploration, 5% Exploration, 2% Other Australia 4% 7% Producing, 10% Silver
Slide 8: A Focus on Asset Quality & Operator
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 8 A Focus on Asset Quality & Operator TOP 10 ASSETS AVERAGE MINE LIFE (YEARS) 21 15 14 13 12 11 Metalla Versamet Elemental Triple Flag Gold Royalty OR Royalties NUMBER OF TOP 10 ASSETS WITH $5B OPERATOR 8 8 7 6 6 2 Metalla Elemental Gol
Slide 9: Industry Leading Growth Profile
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 9 Industry Leading Growth Profile Estimated Compound Annual Growth Rate of >35% over 6 Years GEO Outlook Estimated Timeline* (oz AuEq)* +35,000 2026 2027 2028 2029 2030 2031 Development Amalgamated Kirkland + Gurupi La Parrilla + Vizcac
Slide 10: Asset Portfolio Highlights
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 10 Asset Portfolio Highlights HIGH GROWTH PORTFOLIO FOCUSED ON GOLD, COPPER AND SILVER OPERATED BY TIER ONE COUNTERPARTIES Producing Royalties Tocantinzinho Aranzazu Endeavor Wharf La Encantada La Guitarra Amalgamated Kirkland 0.75% GVR
Slide 11: Key Assets: Côté & Gosselin
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 11 CÔTÉ & GOSSELIN Royalty Boundary Current Pit Shell Mineral Resource >1.0 g/t Au Mineral Resource >0.3 g/t Au Ontario, Canada Metal Exposure: Gold 1.5% NSR - Development Large open pit operation with 2026 guidance of 390-44
Slide 12: Key Assets: Taca Taca
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 12 TACA TACA Salta, Argentina Metal Exposure: Copper, Gold, Molybdenum 0.42% NSR – Development – 35-year LOM Estimated average annual GEO production ~ 2,600 One of the largest undeveloped copper deposits in the Americas, with
Slide 13: Key Assets: Tocantinzinho
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 13 TOCANTINZINHO Para State, Brazil Metal Exposure: Gold 0.75% GVR - Production Commercial production achieved September 2024 with estimated production of 175 Koz per annum over ten and half years. Over 2 Moz of gold in Measu
Slide 14: Key Assets: Wharf
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 14 WHARF South Dakota, USA Metal Exposure: Gold 1.0% GVR – Production – 12-year LOM Estimated average annual GEO production ~ 800 2026 guidance of 72-90 Koz gold production Established open-pit, heap-leach operation in the No
Slide 15: Key Assets: Endeavor
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 15 ENDEAVOR Cobar, Australia Metal Exposure: Zinc, Silver, Lead 4.0% NSR - Production 2024 mine restart plan outlined a ten-year mine life producing 10.6Moz Ag, 260Kt Zn and 90Kt Pb Endeavor Mine was successfully restarted in
Slide 16: The Track Record
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 16 The Track Record THE COMBINATION OF CASH FLOW AND ACCRETION AT THE ASSET LEVEL DRIVES STRONG NAVPS GROWTH AVERAGE COMPOUND ANNUAL GROWTH RATE OF +35% ON MATERIAL INVESTMENTS BASED ON ANALYST CONSENSUS Genesis / Cortez Coeur Portfolio
Slide 17: The Track Record
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 17 The Track Record $10.00 33 Transactions $9.00 $8.00 100 Royalties / Streams Acquired $7.00 Merger Transaction, Adding Aranzanzu, Vizcachitas Copper World Increases Côté & Gosselin Royalty to 1.5% NAVPS (US$) Nueva Union Taca Taca and
Slide 18: The Value Proposition
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 18 The Value Proposition 2.00x 1.91x 1.65x 1.41x 1.24x 1.25x 1.16x 1.04x 0.97x 0.87x 0.83x 0.82x 0.64x WPM FNV RGLD TFPM OR ALS VMET MTA VOXR ELE DRR ECOR GROY Source: Consensus Broker Research, S&P CapIQ Data as at October 2, 2026
Slide 19: Management Team
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 19 Management Team Brett Heath Jason Cho Saurabh Handa CEO & Director President CFO Founder of Metalla – a metals and mining Accomplished mining executive with 25+ years CPA with 15+ years experience in finance, industry professional ov
Slide 20: Board of Directors
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 20 Board of Directors Lawrence Roulston Brett Heath Alex Molyneux Chris Beer Chairman CEO & Director Director Director Mining professional and geologist with 35+ years Accomplished mining executive with 25+ years Mining professional wit
Slide 21: The Investment Thesis
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 21 The Investment Thesis ROYALTY COMPANY DELIVERING INDUSTRY LEADING GROWTH Peer-Leading Best In Class Best In Class Growth Focused on Jurisdictional Risk Operator Risk Inflationary Metals Profile Profile Projected six-year > 35% CAGR A
Slide 22: Contact Us
M E T A L L A R OM YAE LT TA YL L&A SRT O RYE A LMTI YN G & (SNT Y R SE EA M &IT NSGX V (M: TMAT-AN) Y S| EO) c t| o bMear y 22002266 | 22 CONTACT US 6 0 4 . 6 9 6 . 0 7 4 1 INFO@METALLAROYALTY.COM Suite 605 – 200 Burrard Street Vancouver, BC Canada V6C 3L6
Slide 23: Key Assets: Copper World
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 23 COPPER WORLD Arizona, USA Metal Exposure: Copper, Gold, Silver, Molybdenum 0.315% NSR – Development Estimated average annual GEO production ~ 750 Permitted long-life copper cathode production of up to ~92Kt per annum for t
Slide 24: Key Assets: Aranzazu
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 24 ARANZAZU Zacatecas, Mexico Metal Exposure: Copper, Gold, Silver, Molybdenum 1% NSR – Producing – 10-year LOM Steady producer with history of strong cash margins with 88 – 97 GEOs guided for 2025 2025 exploration program in
Slide 25: Key Assets: Castle Mountain and Fosterville
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 25 CASTLE MOUNTAIN FOSTERVILLE California, USA Bendigo, Australia Metal Exposure: Gold Metal Exposure: Gold 5.0% NSR - Development (Phase 2) 2.5% GVR - Development Estimated average annual GEO production ~ 5,000 Covers the so
Slide 26: Key Assets: Joaquin and Gurupi
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 26 JOAQUIN GURUPI Santa Cruz, Argentina Maranhao, Brazil Metal Exposure: Silver, Gold Metal Exposure: Gold 2.0% NSR – Development 1% NSR Royalty on 500koz, 2% NSR on next 1Moz, 1% NSR thereafter – Development Covers the La Ne
Slide 27: Our Assets
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 27 Our Assets PROPERTY OPERATOR LOCATION METAL TERMS PROPERTY OPERATOR LOCATION METAL TERMS PRODUCTION Aranzazu Aura Minerals Zacatecas, Mexico Cu, Au, Ag 1.0% NSR Bancroft Transition Metals Ontario, Canada Au 1.0% NSR Endeavor Polymeta
Slide 28: Notes
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 28 Notes (1) For details, please refer to IAMGOLD’s June 1, 2026 Press Release, February 17, 2026 Press Release, August 7, 2025 Presentation, October 15, 2024 Press Release, 2024 Annual Information Form and October 23, 2023 Press Releas
Slide 29: NYSE & TSXV: MTA METALLAROYALTY.COM
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | October 2026 | 29 NYSE & TSXV: MTA METALLAROYALTY.COM
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