CAUTIONARY STATEMENTS This presentation contains "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, respectively (collectively referred to herein as "forward-looking information"). Forwardlooking information may be identified by the use of forward-looking terminology such as "plans", "targets", "expects", "is expected", "budget", "scheduled", "estima ...

Financial Performance - Revenue for 2023 increased to $204,024 thousand, up 34.4% from $151,885 thousand in 2022[23] - Gross profit for 2023 was $102,076 thousand, representing a 17.3% increase compared to $87,004 thousand in 2022[23] - Net earnings decreased to $36,282 thousand in 2023, down 34.1% from $55,086 thousand in 2022[23] - Operating cash flow for 2023 was $154,138 thousand, an increase of 30.2% from $118,376 thousand in 2022[24] - Total operating expenses for the year ended December 31, 2023, were $24.3 million, an increase of 31% from $18.5 million in 2022[163] - Finance costs, net for the year ended December 31, 2023, were $4.1 million, up from $1.4 million in 2022, reflecting a significant increase in interest expenses[165] - Employee costs, including share-based compensation, rose to $14.5 million in 2023, compared to $11.9 million in 2022, marking a 22% increase[163] - The company's income tax expense for 2023 was $107,000, a significant decrease of 97.8% from $4.8 million in 2022, with current income tax expense at $4.7 million compared to $5.6 million in 2022[186] Assets and Liabilities - Total assets increased to $1,894,464 thousand as of December 31, 2023, up from $1,337,031 thousand in 2022, representing a growth of approximately 42%[21] - Mineral interests rose significantly to $1,773,053 thousand in 2023, compared to $1,228,171 thousand in 2022, marking an increase of about 44.5%[21] - Current liabilities increased to $17,315 thousand in 2023 from $12,586 thousand in 2022, reflecting a rise of approximately 37%[21] - Non-current assets grew to $1,837,426 thousand in 2023, compared to $1,246,424 thousand in 2022, representing an increase of about 47.3%[21] - Total amounts payable and other liabilities rose to $15.7 million in 2023, compared to $11.3 million in 2022, driven by increased accrued liabilities[159] Shareholder Equity - Share capital increased to $1,749,180 thousand in 2023, up from $1,250,194 thousand in 2022, indicating a growth of about 39.9%[21] - The total equity at the end of 2023 was $1,810,741 thousand, up from $1,318,475 thousand at the end of 2022[25] - The company declared and paid dividends totaling $41.3 million in 2023, an increase of 36% from $30.4 million in 2022, with an average dividend per share of $0.0513 compared to $0.0488 in 2022[194] - As of December 31, 2023, the company repurchased 1,485,820 common shares under its NCIB for $20.7 million, significantly higher than $4.1 million for 351,144 shares in 2022[192] Acquisitions and Investments - The company acquired Maverix Metals Inc. on January 19, 2023, which included $588 million of mineral interests[17] - The company acquired mineral interests totaling $190,895 thousand in 2023, compared to $52,280 thousand in 2022[24] - The Company acquired a 1.5% gross revenue royalty on the Johnson Camp Mine for $5.5 million in cash on November 30, 2023[109] - An additional 2.65% net smelter return gold royalty was acquired from Stawell Gold Mines for $16.6 million on September 25, 2023[110] - The Company acquired the 2.5% NSR royalty on the Agbaou gold mine for a total consideration of $15.5 million, with $13.5 million paid in cash[111] - The Company entered into a royalty purchase agreement for a 2.5% NSR royalty on the Thunder Bay North Project for C$15 million[115] - A 0.8% GRR royalty and an $80 million gold and silver stream were acquired from Orion Minerals for the Prieska copper-zinc mine[116] Impairment and Financial Reporting - The company incurred impairment charges of $27,107 thousand in 2023, significantly higher than $3,600 thousand in 2022[23] - The company assesses the carrying value of mineral interests for impairment at the end of each reporting period, considering factors such as future production estimates and commodity prices[43] - Impairment indicators include significant adverse changes to future production and operator reserve estimates, current and forecast commodity prices, and industry trends[44] - The company recognizes impairment losses when the carrying value of exploration stage projects exceeds their recoverable amount[48] - An impairment charge of $20.2 million was recorded due to the Renard mine's financial difficulties, including $11.7 million related to a bridge loan receivable[155] - The Beaufor royalty investment was written down to nil, resulting in an impairment charge of $6.8 million due to the mine's continued suspension of operations[158] Cash Flow and Financing - Cash and cash equivalents decreased to $17,379 thousand in 2023 from $71,098 thousand in 2022, a decline of approximately 75.6%[21] - Total cash and cash equivalents at the end of 2023 were $17,379 thousand, down from $71,098 thousand at the end of 2022[24] - As of December 31, 2023, Triple Flag Precious Metals Corp. has drawn down a total of $57 million from its revolving credit facility, compared to $0 in 2022[162] - The company amended its $500 million credit facility, extending the maturity to August 30, 2026, and increasing the uncommitted accordion to $200 million[124] Stock Options and Compensation - The company’s stock option plan allows employees to purchase shares at an exercise price determined by the Board, with options vesting equally over three years[85] - As of December 31, 2023, the company had 3,957,362 stock options outstanding, with an average exercise price of $13.17[179] - Stock-based compensation expense for options was $3.4 million in 2023, slightly up from $3.3 million in 2022[181] - The company expects to recognize $2.2 million of total unrecognized compensation cost related to stock options over a weighted average period of 0.7 years[182] - For the year ended December 31, 2023, the company awarded 120,065 RSUs, an increase of 73.7% from 69,102 RSUs in 2022, with a stock-based compensation expense of $1.0 million compared to $0.6 million in 2022[183] - The company granted 66,504 DSUs in 2023, a decrease of 8.1% from 72,439 DSUs in 2022, with a total DSU liability of $2.5 million as of December 31, 2023, up from $2.0 million in 2022[184][185] Taxation - Deferred tax assets increased to $26.8 million in 2023 from $12.9 million in 2022, primarily due to non-capital loss carryforwards rising to $19.5 million from $11.9 million[187] - The Company reassesses its deferred income tax assets at the end of each reporting period, which could be reduced if actual results differ significantly from forecasts[103] - Non-capital losses generated in Canada total $41.4 million, with expirations ranging from 2039 to 2042[188]

Triple Flag Precious Metals Corp. (NYSE:TFPM) Q3 2023 Results Conference Call November 8, 2023 10:00 AM ET Company Participants Shaun Usmar - Chief Executive Officer Sheldon Vanderkooy - Chief Financial Officer James Dendle - SVP, Corporate Development Conference Call Participants Lawson Winder - BofA Securities Carrie Maguary - Canaccord Genuity Tanya Jakusconek - Scotiabank Operator Thank you for standing by. My name is Eric, and I will be your conference operator today. At this time, I would like to welc ...

Table of Contents Exhibit 99.1 MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS This Management's Discussion and Analysis (''MD&A'') is intended to help the reader understand Triple Flag Precious Metals Corp. (''TF Precious Metals''), its operations, financial performance and the present and anticipated future business environment. This MD&A, which has been prepared as of November 7, 2023, should be read in conjunction with the unaudited condensed interim consolidated fi ...

Triple Flag Precious Metals Corp. (NYSE:TFPM) Q2 2023 Results Conference Call August 9, 2023 11:00 AM ET Company Participants Shaun Usmar - Chief Executive Officer Sheldon Vanderkooy - Chief Financial Officer James Dendle - SVP, Corporate Development Eban Bari - VP Finance Conference Call Participants Cosmos Chiu - CIBC Greg Barnes - TD Securities Lawson Winder - Bank of America Operator Ladies and gentlemen, thank you for standing by. My name is Sharer, and I'll be your conference operator today. At this t ...

CAUTIONARY STATEMENTS The forward-looking information included in this presentation is based on our opinions, estimates and assumptions in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we currently believe are appropriate and reasonable in the circumstances. The forward-looking information contained in this presentation is also based upon a number of assumptions, including the ongoing operation of the propertie ...

Triple Flag Precious Metals (NYSE:TFPM) Q1 2023 Earnings Conference Call May 10, 2023 9:00 AM ET Company Participants Shaun Usmar - Founder and CEO Sheldon Vanderkooy - CFO James Dendle - SVP, Corporate Development Conference Call Participants Cosmos Chiu - CIBC Shane Nagle - National Bank Financial John Tumazos - John Tumazos Very Independent Research Operator Thank you for standing by. My name is Bailey, and I will be your conference operator today. At this time, I would like to welcome everybody to the T ...

Financial Performance - In 2022, Triple Flag Precious Metals reported revenue of US$150 million, a significant increase from US$118 million in 2021, representing a growth of approximately 27%[105]. - The operating cash flow for 2022 was US$96 million, compared to US$84 million in 2021, indicating a year-over-year increase of about 14%[105]. - Adjusted net earnings for 2022 reached US$62 million, up from US$24 million in 2021, reflecting a substantial increase of approximately 158%[109]. - The company reported a total asset count of 1.2 billion, reflecting a growth of 15% year-over-year[110]. - The company expects revenue guidance for the next quarter to be between $1.5 billion and $1.7 billion, indicating a potential growth of 10% to 15%[110]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in the last quarter[114]. - The company reported a revenue increase of 15% year-over-year, reaching $2.5 billion in Q3 2023[121]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[124]. - The company reported a revenue increase of 15% year-over-year, reaching $1.5 billion in Q3 2023[135]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[171]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[172]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[173]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[190]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[191]. Market Expansion - The company anticipates continued growth in 2023, with guidance suggesting an increase in revenue driven by expanding streaming and royalty interests[103]. - The company is actively exploring market expansion opportunities, particularly in regions with high mineral potential, to diversify its asset portfolio[103]. - Market expansion efforts include entering three new international markets, projected to increase market share by 5%[110]. - Market expansion efforts include entering three new countries, which are projected to increase market share by 10%[113]. - Market expansion plans include entering three new international markets by the end of the fiscal year[114]. - The company plans to enter two new international markets by the end of the fiscal year, targeting a revenue contribution of $100 million from these markets[119]. - The company is expanding its market presence in Asia, targeting a 20% market share by the end of 2024[172]. - The company plans to expand its market presence in Asia, targeting a 20% increase in market share by the end of the next fiscal year[146]. - The company is focusing on expanding its market presence in Latin America, targeting a 20% increase in market share by 2025[177]. - The company plans to expand its market presence in Asia, targeting a 20% increase in market share[182]. Product Development - The company adjusted its cash costs per gold equivalent ounce (GEO) to provide a more accurate measure of operating performance, which is crucial for future predictions[99]. - Future product development includes enhancing technology for better resource extraction, which is expected to improve overall operational efficiency[103]. - New product launches are anticipated to contribute an additional $200 million in revenue over the next fiscal year[110]. - New product launches are expected to contribute an additional £rĪƸÿŧ in revenue, with a focus on expanding into the Asian market[113]. - New product launches are expected to contribute an additional $200 million in revenue over the next year[114]. - New product launches are expected to contribute an additional $500 million in revenue in the next fiscal year[126]. - New product launches are anticipated to contribute an additional $300 million in revenue over the next fiscal year[171]. - New product launches are expected to contribute an additional $200 million in revenue over the next fiscal year[186]. - New product launches are anticipated to contribute an additional $100 million in revenue in 2023[186]. - New product launches are expected to contribute an additional £C million in revenue over the next fiscal year[149]. Strategic Acquisitions - The company has outlined a strategic plan for potential acquisitions to bolster its market position and expand its asset base[103]. - The company has completed a strategic acquisition of a smaller tech firm for $300 million, expected to enhance product offerings[110]. - The company announced a strategic acquisition of a smaller competitor for $300 million to enhance its product offerings[113]. - The company completed a strategic acquisition of a smaller tech firm for $200 million, enhancing its product offerings[121]. - The company is considering strategic acquisitions to bolster its market position, with a budget of $100 million allocated for potential deals[114]. - The company announced a strategic acquisition of a smaller competitor for $300 million to enhance market share[171]. - The company completed a strategic acquisition of a smaller competitor for $300 million, expected to enhance market share[180]. - The company is exploring potential acquisitions to diversify its portfolio, with a budget of $50 million set aside for strategic purchases[170]. - The company is exploring potential acquisitions to further enhance its product offerings and market presence[173]. - The company has completed a strategic acquisition of a tech startup for $200 million, enhancing its product offerings[189]. Sustainability Initiatives - Triple Flag is focusing on sustainability initiatives as part of its long-term strategy, aiming to enhance operational efficiency and reduce environmental impact[103]. - Future guidance indicates a focus on sustainability initiatives, with a target to reduce carbon emissions by 50% over the next five years[113]. - The company plans to invest $50 million in sustainability initiatives over the next two years[9]. - The company is committed to sustainability initiatives, with plans to invest $5 million in environmental projects over the next year[170]. - The company is committed to achieving its sustainability goals, aligning with the UNGC standards, and plans to report progress quarterly[138]. - The company has initiated a new sustainability strategy aimed at reducing carbon emissions by 30% by 2030[177]. - The management emphasized a commitment to sustainability, aiming for a 30% reduction in carbon footprint by 2025[186]. - A commitment to sustainability initiatives was reiterated, with plans to invest £100 million in green technologies over the next five years[167]. Customer Engagement and Satisfaction - User data showed an increase in active users to 500 million, up from 450 million last year, representing an 11% growth[110]. - Customer satisfaction ratings improved to 90%, up from 85% last year, reflecting enhanced service quality[110]. - Customer satisfaction ratings improved to 90%, reflecting a 5% increase from the previous quarter[172]. - Customer satisfaction ratings improved by 15%, reflecting the success of recent service enhancements[173]. - Customer satisfaction ratings improved to 90%, reflecting a strong commitment to service quality[178]. - Customer retention rate improved to 85%, up from 80% in the previous year[191]. - User data showed a growth of 25% in active users, totaling 5 million users[124]. - User data showed a growth of 20% in active users, totaling 10 million users by the end of the quarter[127]. - User data showed a growth of 25% in active users, totaling 5 million by the end of the quarter[172]. - User data showed a growth of 25% in active users, totaling 50 million by the end of Q4 2022[186]. Cost Management - The company has implemented cost-cutting measures that are projected to save $30 million annually[114]. - Cost reduction strategies implemented are expected to save approximately $20 million annually[110]. - Cost management strategies have led to a 5% reduction in operational expenses compared to the previous quarter[188]. - The company reported a 5% decrease in operational costs due to improved efficiency measures[135]. - The company aims to reduce operational costs by 10% through efficiency improvements and technology upgrades[170]. - The company aims to achieve a 5% reduction in costs through operational efficiencies[182]. - The company plans to reduce operational costs by 5% through efficiency improvements in the next quarter[165]. - The company has achieved a 30% reduction in operational costs through efficiency improvements and technology upgrades[161].

February 2023 Corporate Presentation February 2023 This presentation contains "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, respectively (collectively referred to herein as "forward-looking information"). Forwardlooking information may be identified by the use of forward-looking terminology such as "plans", "targets", "expects", "is expected", " ...

Shaun Usmar So for example, to just stress the point, relative to our internal views of things like our biggest GEO contributor, Cerro Lindo, the actual operational performance exceeded what we had assumed, but the timing differences on settlement, as we sort of conveyed, had impacted us. So when you look at the overall picture, as we try to apply judgment through various forecasting teams, which we have to then consolidate, youÂ've essentially got a situation where weÂ've continued that. James Dendle Cosmo ...