Mr. Sheldon Vanderkooy report

TRIPLE FLAG DELIVERS RECORD GEOS SALES FOR THE EIGHTH CONSECUTIVE YEAR AND ACHIEVES UPPER HALF OF 2024 GEOS SALES GUIDANCE

Triple Flag Precious Metals Corp. had quarterly revenue of $74.2-million for the fourth quarter of 2024 and annual revenue of $269-million for full-year 2024. These results represent metal sales of 27,864 gold equivalent ounces (GEOs) for the fourth quarter of 2024 and 112,623 GEOs for full-year 2024, within the upper half of guidance. All dollar amounts are expressed in U.S. dollars.

"Triple Flag has achieved an eighth consecutive annual GEOs sales record, representing a compound annual growth rate of approximately 20 per cent since 2017," commented Sheldon Vanderkooy, chief executive officer. "We have achieved the upper half of GEOs sales guidance for 2024, driven by higher gold grades at Northparkes and strong silver deliveries from Cerro Lindo, while key growth projects reached major milestones towards the path to production, including Kone, Eskay Creek and Hope Bay. I am exceptionally pleased that Triple Flag increased its revenues in 2024 by over 30 per cent year over year while reducing its issued and outstanding shares, driving higher value per share. Triple Flag's shareholders are benefiting from record GEOs as well as record gold and silver prices. Triple Flag remains well positioned to continue creating shareholder value in 2025 and beyond."

Conference call details

Triple Flag will release its Q4 2024 results on Wednesday, Feb. 19, 2025, after market close. A conference call and live webcast presentation will be held the following day, Feb. 20, 2025, starting at 9 a.m. ET (6 a.m. PT) to discuss these results. The live webcast can be accessed by visiting the events and presentations page on the company's website. An archived version of the webcast will be available on the website for one year following the webcast.

Dial-in details

Toll-free (U.S. & Canada):  1-888-330-2384

International:  1-647-800-3739

Conference ID:  4548984, followed by the number key

Replay (until March 6, 2025)

Toll-free (U.S. and Canada):   1-800-770-2030

International:  1-647-362-9199

Conference ID:  4548984, followed by the number key

About Triple Flag Precious Metals Corp.

Triple Flag is a precious metal streaming and royalty company. The company offers financing solutions to the metals and mining industry with exposure primarily to gold and silver in the Americas and Australia, with a total of 235 assets, including 16 streams and 219 royalties. These investments are tied to mining assets at various stages of the mine life cycle, including 30 producing mines and 205 development-stage 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.

Technical and third party information

Triple Flag does not own, develop or mine the underlying properties on which it holds stream or royalty interests. As a royalty or stream holder, Triple Flag has limited, if any, access to properties included in its asset portfolio. As a result, Triple Flag is dependent on the owners or operators of the properties and their qualified persons to provide information to Triple Flag and on publicly available information to prepare disclosure pertaining to properties and operations on the properties on which Triple Flag holds stream, royalty or other similar interests. Triple Flag generally has limited or no ability to independently verify such information. Although Triple Flag does not believe that such information is inaccurate or incomplete in any material respect, there can be no assurance that such third party information is complete or accurate.

We seek Safe Harbor.