NAV by Asset 1, 2 Mt. Milligan Pueblo Viejo Kansanshi Cortez Andacollo Khoemacau Platreef Hod Maden Antamina MARA 17% 11% 9% 9% 7% 6% 5% 4% 4% NAV by Counterparty 1 Centerra Gold Barrick Teck Resources First Quantum Nevada Gold Mines MMG Limited Glencore plc Other Diversified Asset Portfolio Operated by Leading Counterparties 1) Based on consensus asset NAV (available analyst estimates) as of March 12, 2026. 2) Excludes NAV categorized as “Other Assets”. 70% Top 10 Assets High diversification and low concentration within the portfolio mitigates single-asset risk Most of our portfolio counterparties are well-capitalized, established and experienced 15