US Domicile & Register Are Unique Source: NASDAQ, per 13-F filings; December 31, 2025 or as available. 1) As of December 31, 2025. Retail 13% Passive 43% Active 44% Top 5 41% Top 6 - 10 9% Top 11 - 20 9% Other Identifiable 28% Remainder (Retail) 13% Register Breakdown Dominant Orientation Only U.S. based precious metals streaming and royalty company 84.5M 1 Shares Outstanding Lowest in GDX 46