Mr. Grant Moenting reports

OR ROYALTIES APPOINTS MR. PATRICK GODIN TO ITS BOARD OF DIRECTORS

OR Royalties Inc. has appointed Patrick Godin as an independent director to its board of directors.

Mr. Godin has over 35 years of corporate, technical and operations experience in the mining industry. Most recently, he served as president and chief executive officer of New Gold Inc., where he held the leadership role from November, 2022, up until New Gold's $7.0-billion (U.S.) acquisition by Coeur Mining Inc., which was announced in November, 2025. Before joining New Gold, Mr. Godin was vice-president and chief operating officer of Pretivm Resources Inc., where he was responsible for the operations of the Brucejack mine. Previously, he was the president and chief executive officer of Stornoway Diamond Corp., having also served as its chief operating officer and vice-president from 2010 to 2018. During his time at Stornoway, he was responsible for the construction and operations of the Renard diamond mine in Quebec. Earlier in his career, he served as the vice-president, project development, for G Mining Services and held executive or senior operations positions for Canadian Royalties, Iamgold and Cambior in the Americas. Mr. Godin holds a bachelor of engineering degree in mining from Laval University in Quebec, Canada, and has been a chartered director since 2010.

Norman MacDonald, chair of OR Royalties' board of directors, commented: "In Mr. Godin, the company is adding an independent director who brings over 35 years of leadership across corporate, technical and operational functions. Patrick's deep background in mining operations is a perfect fit for our board; his technical oversight will serve the company well as we continuously evaluate new investment opportunities to execute on our disciplined growth strategy. I would like to welcome Patrick to OR Royalties' board of directors, and we very much look forward to his insights and contributions going forward."

About OR Royalties Inc.

OR Royalties is a precious metals royalty and streaming company focused on Tier 1 mining jurisdictions defined as Canada, the United States and Australia. OR Royalties commenced activities in June, 2014, with a single producing asset, and today holds a portfolio of over 195 royalties, streams and similar interests. OR Royalties' portfolio is anchored by its cornerstone asset, the 3- to 5-per-cent net smelter return royalty on Agnico Eagle Mines Ltd.'s Canadian Malartic complex, one of the world's largest gold mines.

OR Royalties' head office is located at 1100 Ave. des Canadiens-de-Montreal, suite 300, Montreal, Que., H3B 2S2.

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