Effective at the opening on Monday, Nov. 10, 2025, the common shares of Summit Royalties Ltd. will commence trading on the TSX Venture Exchange. The company is classified as an investment company (NAICS No. 213119).

Prior to its recent name change to Summit Royalties, the company was listed on the Canadian Securitites Exchange under the name Eagle Royalties Ltd. using the symbol ER. Furthermore, the exchange has been informed that:

• Following a resolution of Eagle Royalties shareholders passed on Oct. 30, 2025, the company has consolidated its capital on the basis of one new share for five old shares.
• The company issued 45,179,746 postconsolidation shares to acquire Summit Royalty Corp. (SRC) by way of a three-cornered amalgamation, excluding the private placement shares mentioned below.
• SRC completed a private placement of subscription receipts at 65 U.S. cents (90 Canadian cents) each, resulting in the issuance of 14,376,319 postconsolidation shares of the company for total gross proceeds of $9,344,607 (U.S.).
• The preconsolidation securities of the company under its former name, Eagle Royalties, will be delisted from the CSE upon the commencement of trading on a postconsolidation basis on the TSX Venture Exchange under the new name, Summit Royalties.

Disclosure:  Refer to the company's news release dated Nov. 5, 2025, and to the Eagle Royalties management information circular dated Sept. 27, 2025, available on SEDAR+.

Corporate jurisdiction:  Ontario

Postconsolidated capitalization:  unlimited number of common shares with no par value, of which 71,206,249 common shares are issued and outstanding

Escrowed shares:  10,288,991 common shares

Transfer agent:  Olympia Trust Company

Trading symbol:  SUM

Cusip No.:  866251 10 1