El Realito PRODUCTION Sonora, Mexico OPERATOR Agnico Eagle ("Agnico") COMMODITY TYPE TERMS LAND AREA Gold, Silver Royalty 2.0% NSR 1,800 ha Royalty Summary Reserves El Realito is a satellite deposit that is part of Agnico's operating La Reserves & Resources - Au India mine in Sonora, Mexico, 5km east of the main zone deposit. Ag- P&P Reserves (koz Au) - nico put El Realito into production in 2023, it produced over 75.9Koz M&I Resources (koz Au) 88 of gold in 2023 and is currently undergoing residual leaching. 2024 Inferred Resources (koz Au) 1 production is expected between 25 - 30 Koz gold. Reserves & Resources - Ag P&P Reserves (koz Ag) - Agnico indicated it is evaluating the potential to mill the Chipriona and M&I Resources (koz Ag) 459 Inferred Resources (koz Ag) 5 La India sulphides to produce a 昀氀otation concetrate. Metalla Royalty Ounces - GEOs In 2023, Metalla received 1,066 GEOs from El Realito. P&P Reserves (koz) - M&I Resources (koz) 1.9 Inferred Resources (koz) 0.02 * For royalty ounce calculation, Metalla estimates 100% of the El Realito Mineral Resources and Mineral Reserves are subject to our royalty interest at a rate of 2%. Silver has been converted to Royalty GEOs using $23/oz. * For sources, please refer to note 18 on the Notes & Sources page. Royalty & Mineralization Map Mineralization Royalty Boundary 32 Metalla Royalty & Streaming Ltd.

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