Mr. Kyle Floyd reports

VOX INTRODUCES DIVIDEND REINVESTMENT PLAN AND ANNOUNCES APPROVAL OF 2024 SHARE REPURCHASE PROGRAM

Vox Royalty Corp.'s board of directors has adopted a dividend reinvestment plan (DRIP) and has approved a share repurchase program (SRP).

Dividend reinvestment plan

The DRIP provides eligible shareholders of Vox with the opportunity to have all or a portion of any cash dividends declared on common shares by the company automatically reinvested into additional common shares, without paying brokerage commissions. At the current time, the common shares will be issued under the DRIP at a 5-per-cent discount to the average market price, as defined in the DRIP.

The company has the discretion to cause share issuances under the DRIP to be satisfied by issuing common shares from treasury or through purchases of common shares on the open market including the facilities of the Toronto Stock Exchange, the Nasdaq, or any other alternative open market in Canada or the United States, and will advise as such with each dividend declaration.

The company has adopted the DRIP commencing with its upcoming Q1 2024 dividend. In order to be eligible to receive DRIP shares in lieu of cash for the Q1 2024 dividend, enrolment must be completed by registered shareholders by 5 p.m. Toronto time on Thursday, March 21, 2024. Beneficial shareholders will need to make arrangements in advance of such time through their brokers and/or nominees in accordance with such parties' internal requirements. For its Q1 2024 dividend, the company intends to issue common shares from treasury.

Participation in the DRIP

Participation in the DRIP is optional and will not affect shareholders' cash dividends unless they elect to participate in the DRIP.

Participation in the DRIP is expected to be available to registered shareholders residing in Canada and all other jurisdictions where such participation is not prohibited under applicable law, subject to withholding tax (if applicable). Participation in the DRIP will not be available for residents of the United States at this time.

Registered shareholders

Registered shareholders may enroll in the DRIP by completing an enrolment form, which is available on the company's website and following the instructions therein.

Beneficial shareholders

Beneficial shareholders should contact their financial intermediary to seek enrolment. In order to participate in the DRIP, a beneficial shareholder must either:

• Arrange for their broker or other nominee to enroll in the DRIP on their behalf;
• Transfer their common shares into their own name and enroll directly in the DRIP as a registered shareholder.

All shareholders considering enrollment in the DRIP should carefully review the terms of the DRIP, a copy of which is available at the company's website and consult with their advisers as to the implications of enrolment in the DRIP.

Share repurchase program

The board of directors of the company has approved the adoption of an SRP for the repurchase of up to $1.5-million (U.S.) of its common shares. The SRP is structured to comply with Rule 10b-18 under the Securities Exchange Act of 1934. The plan will be administered through an independent broker.

Repurchases under the SRP will be made at times and in amounts as the company deems appropriate and may be made through open market transactions at prevailing market prices, privately negotiated transactions or by other means in accordance with securities laws in the United States. The actual timing, number and value of repurchases under the SRP will be determined by management in its discretion and will depend on a number of factors, including market conditions, stock price and other factors. The SRP may be suspended or discontinued at any time. Open market repurchases will only be made outside of Canada through the facilities of the Nasdaq or any alternative open market in the United States, as applicable.

About Vox Royalty Corp.

Vox is a returns focused mining royalty company with a portfolio of over 60 royalties spanning seven jurisdictions. The company was established in 2014 and has since built unique intellectual property, a technically focused transactional team and a global sourcing network which has allowed Vox to target the highest returns on royalty acquisitions in the mining royalty sector. Since the beginning of 2020, Vox has announced over 25 separate transactions to acquire over 60 royalties.

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