Mr. Sheldon Vanderkooy reports

TRIPLE FLAG COMPLETES ACQUISITION OF US$440 MILLION GOLD STREAM ON THE RAVENSWOOD GOLD MINE

Triple Flag Precious Metals Corp.'s wholly owned subsidiary, Triple Flag International Ltd., has completed the previously announced transaction to acquire a gold stream on the producing Ravenswood gold mine in Queensland, Australia. Unless otherwise indicated, all amounts are expressed in United States dollars.

"We are very pleased to announce the completion of our gold stream acquisition on the Ravenswood gold mine, a large-scale, long-life, low-cost operation ramping up to over 200,000 ounces of gold per annum by 2028. The Ravenswood gold mine has a long history of continuous operation since 1987, and we fully expect the mine to continue its strong track record of successful conversion of resources into reserves, with further upside potential from a large and prospective 1,800-square-kilometre land package," commented Sheldon Vanderkooy, chief executive officer of Triple Flag.

"With the acquisition of the Ravenswood stream serving as a key growth asset for Triple Flag, we have increased our 2030 outlook to 150,000 to 160,000 GEOs from 140,000 to 150,000 GEOs, as previously announced. The milestones achieved by our assets in the first six months of the year have also been impressive, supporting further GEOs growth beyond 2030 and include a positive construction decision at Hope Bay, positive economic studies at both Arthur and Kemess, and the advancement of a potential 10 Mtpa or more mill expansion at Northparkes. This growth is from assets located in mining-friendly jurisdictions across the United States, Canada and Australia, and will drive value for our shareholders for decades to come."

First delivery under the Ravenswood gold stream will commence in the third quarter of 2026.

Full details of the transaction can be found in Triple Flag's news release titled "Triple Flag Announces US$440 Million Gold Stream on the Ravenswood Gold Mine and Increases 2030 Outlook" dated June 12, 2026.

About Triple Flag Precious Metals Corp.

Triple Flag is a precious metals streaming and royalty company. The company offers investors exposure to gold and silver from a total of 242 assets, consisting of 17 streams and 225 royalties, primarily from the Americas and Australia. These streams and royalties are tied to mining assets at various stages of the mine life cycle, including 36 producing mines and 206 development and exploration stage projects and other assets. Triple Flag is listed on the Toronto Stock Exchange and New York Stock Exchange, under the ticker TFPM.

Qualified person

James Lill, director, mining for Triple Flag Precious Metals, and a qualified person under National Instrument 43-101, has reviewed and approved the written scientific and technical disclosures contained in this press release.

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