Mr. Alex Pernin reports

STAR ROYALTIES ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING

At the annual and special meeting of shareholders held on June 20, 2023, each of the seven nominees listed in the management information circular dated May 5, 2023, was re-elected as a director of Star Royalties Ltd.

Detailed results of the vote are set out in the attached table.

                                                                         Votes         %      Votes
Directors nominee                               Votes for    % for     against   against   withheld   % withheld

Anthony Lesiak                                 34,244,338    99.90      34,010      0.10          -            -
Alexandre Pernin                               34,244,338    99.90      34,010      0.10          -            -
Jinhee Magie                                   34,264,938    99.96      13,410      0.04          -            -
Jay Layman                                     34,213,838    99.81      64,510      0.19          -            -
Beatriz Orrantia                               30,744,338    89.69   3,534,010     10.31          -            -
Kylie Dickson                                  34,244,338    99.90      34,010      0.10          -            -
Belinda Labatte                                31,405,338    91.62   2,873,010      8.38          -            -
Appointment of KPMG LLP as external auditors   35,450,259    99.98           -         -      5,838         0.02
Reapproval of the omnibus plan                 34,159,323    99.65     119,025      0.35          -            -

Biographical information on all directors is available at the company's website.

About Star Royalties Ltd.

Star Royalties is a precious metals and carbon credit royalty and streaming company. The company innovated the world's first carbon credit royalties in forestry and regenerative agriculture through its majority-owned, pure-green joint venture, Green Star Royalties Ltd., and offers investors exposure to precious metals and carbon credit prices. The company's objective is to provide wealth creation by originating accretive transactions with superior alignment to both counterparties and shareholders.