Mr. Drew Clark reports

SUMMIT ROYALTIES ANNOUNCES GRANT OF RESTRICTED SHARE UNITS

Summit Royalties Ltd. has granted an aggregate of 350,000 restricted share units of the corporation to certain senior officers of the corporation pursuant to its omnibus incentive plan.

Of the 350,000 RSUs, 175,000 RSUs are scheduled to vest on March 9, 2027, and the remaining 175,000 RSUs are scheduled to vest on March 9, 2028. Once vested, each RSU represents the right to receive one common share in the capital of the corporation per RSU held, a cash amount equivalent or a combination thereof, in each case subject to the terms and conditions of the plan and the applicable RSU agreement.

About Summit Royalties Ltd.

Summit Royalties is a precious metal royalty and streaming company. Its current portfolio is anchored by cash-flowing production with additional royalties on advanced development- and exploration-stage properties. Summit's mandate is to build its portfolio on a disciplined, per-share accretive basis through royalty and streaming acquisitions that deliver high-quality precious metal exposure and long-term cash flow growth. The corporation has no debt and has sufficient cash on hand for future acquisitions.

We seek Safe Harbor.