Metalla Royalty & Streaming Ltd. · TSXV:MTA
Metalla Royalty & Streaming — Investor Presentation (April 2026)
28 slides from Metalla Royalty & Streaming's investor presentation, April 2026
Slide 1: Corporate Presentation April 2026
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 1 April 2026 NYSE & TSXV: MTA METALLAROYALTY.COM
Slide 2: Forward Looking Statements
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 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, e
Slide 3: About
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 3 About Metalla is an emerging mid-tier royalty and streaming company with 99 mining royalties and sector leading production growth. Our aim is to provide investors leverage to gold, silver, and copper; and enhance shareholder value by pr
Slide 4: The Case for Investment
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 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 Ass
Slide 5: The Capital Structure
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 5 The Capital Structure Basic Shares Outstanding (M) 92.9 52 week high/low Options & Other Dilutive Securities (M) 4.0 MTA - Share Price (Daily): $6.24 MTA - Volume (Daily): 0.99M $9.05/$2.55 Fully Diluted Shares Outstanding (M) 96.9 $10.
Slide 6: Portfolio of assets focused solely on favorable mining jurisdictions
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 6 7 Producing Assets Portfolio of assets focused solely on favorable mining 29 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) | April 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 Australia Exploration, 6% 5% Other Silver 6% 7% Producing, 10% Advanced Exploration, 10
Slide 8: A Focus on Asset Quality & Operator
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 8 A Focus on Asset Quality & Operator TOP 10 ASSETS AVERAGE MINE LIFE (YEARS) 22 15 12 13 12 Metalla Triple Flag Elemental Versamet Gold Royalty NUMBER OF TOP 10 ASSETS WITH $7B OPERATOR 9 6 6 5 4 Metalla Triple Flag Elemental Versamet Go
Slide 9: Industry Leading Growth Profile
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 9 Industry Leading Growth Profile Estimated Compound Annual Growth Rate of >35% over 6 Years GEO Outlook Estimated Timeline* (oz AuEq)* +35,000 2025 2026 2027 2028 2029 2030 Development La Parrilla + Wasamac + Gurupi Amalgamated Kirkland
Slide 10: Asset Portfolio Highlights
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 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 New Luika 0.75% GVR 1.0% NSR 4.0
Slide 11: Key Assets: Côté & Gosselin
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 11 CÔTÉ & GOSSELIN Ontario, Canada Metal Exposure: Gold Production Profile 1.5% NSR - Development Estimated first royalty payment: 2028 Large open pit operation with 2026 guidance of 390-440 Koz gold Côté estimated average annu
Slide 12: Key Assets: Tocantinzinho
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 12 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 Measure
Slide 13: Key Assets: Endeavor
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 13 ENDEAVOR Cobar, Australia Metal Exposure: Zinc, Silver, Lead 4% NSR - Production Mine restart plan outlined a ten-year mine life producing 10.6Moz Ag, 260Kt Zn and 90Kt Pb Endeavor Mine was successfully restarted in June 202
Slide 14: The Track Record
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 14 The Track Record THE COMBINATION OF CASH FLOW AND ACCRETION AT THE ASSET LEVEL DRIVES STRONG NAVPS GROWTH AVERAGE COMPOUND ANNUAL GROWTH RATE OF +45% ON MATERIAL INVESTMENTS BASED ON ANALYST CONSENSUS Wharf Coeur Portfolio Cote & Gosse
Slide 15: The Track Record
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 15 The Track Record $8.00 33 Transactions Increases Côté & Gosselin Royalty to 1.5% Merger Transaction, Adding Aranzanzu, $7.00 Vizcachitas Copper World Nueva Union 99 Taca Taca and 24 Other Royalties Inaugural Revolving Credit Facility o
Slide 16: The Value Proposition
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 16 The Value Proposition 1.95x 1.87x 1.45x 1.37x 1.37x 1.34x 1.18x 1.10x 0.87x 0.84x 0.77x 0.75x 0.73x FNV WPM RGLD TFPM OR VMET ALS VOXR DRR ELE MTA GROY ECOR Source: Consensus Broker Research, S&P CapIQ Data as at March 27, 2026
Slide 17: The Investment Thesis
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 17 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 Ass
Slide 18: Contact Us
M E T A L LMAE R TAO LY LAAL TRYO &Y ASLTTRYE A & MS ITNRGE A( N M YI N SEG &( MTTSAX -VN: YM S TE A) ) | | M Aap rr ci lh 22002266 | 18 CONTACT US 6 0 4 . 6 9 6 . 0 7 4 1 INFO@METALLAROYALTY.COM Suite 501 – 543 Granville Street Vancouver, BC Canada V6C 1X8
Slide 19: The Leadership Team
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 19 The Leadership Team EXPERIENCED BOARD WITH A TRACK RECORD OF SUCCESS Brett Heath Jason Cho Saurabh Handa Faya Haqna Jonah Townsend CEO & Director President CFO Director, Corporate Director, Finance Founder of Metalla – a metals Accompl
Slide 20: Key Assets: Copper World
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 20 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 the
Slide 21: Key Assets: Taca Taca
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 21 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 p
Slide 22: Key Assets: Wharf
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 22 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 Nort
Slide 23: Key Assets: Aranzazu
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 23 ARANZAZU Reliable GEO Delivery 900 Zacatecas, Mexico 800 Metal Exposure: Copper, Gold, Silver, Molybdenum 700 1% NSR – Producing – 10-year LOM 600 500 Steady producer with history of strong cash margins with 88 – 97 GEOs gui
Slide 24: Key Assets: Castle Mountain and Fosterville
Key Assets METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 24 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 sout
Slide 25: The Track Record
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 25 The Track Record COMBINATION OF CASH FLOW AND ACCRETION AT THE ASSET-LEVEL DRIVES STRONG NAVPS GROWTH Portfolio Investment EV + Portfolio Return $608 $56 Cash Flow / Revenue Since Inception Portfolio Consensus NAV Consensus NAV $757 En
Slide 26: Our Assets
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 26 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 Polymetals
Slide 27: Notes
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 27 Notes (1) For details, please refer to IAMGOLD’s February 17, 2026 Press Release, August 7, 2025 Presentation, October 15, 2024 Press Technical and Third-Party Information Release, 2024 Annual Information Form and IAMGOLD’s Press Relea
Slide 28: NYSE & TSXV: MTA METALLAROYALTY.COM
METALLA ROYALTY & STREAMING (NYSE & TSXV: MTA) | April 2026 | 28 NYSE & TSXV: MTA METALLAROYALTY.COM
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