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T SX V E L EC OTCQ B E L EC F ROYALTIES TO FINANCE THE ELECTRIC REVOLUTION OCTOBER 2022 ELECTRICROYALTIES COM

FORWARD LOOKING STATEMENT This presentation contains confidential and proprietary information belonging to Electric Royalties Ltd Electric Royalties or the Company The recipient may not photocopy or otherwise reproduce this document or disclose its contents to anyone other than its authorised representatives without Electric Royalties prior written consent This presentation includes forward looking information and forward looking statements collectively forward looking information with respect to the Company This presentation includes information regarding other companies including projects owned by such other companies in which the Company holds a royalty interest based on previously disclosed public information disclosed by those companies and the Company is not responsibility for the accuracy of that information and that all information provided herein is subject to this Disclaimer and Forward Looking Statement cautionary statement Any statements that express or involve discussions with respect to predictions expectations beliefs plans projections objectives assumptions or future events or performance often but not always using words or phrases including but not limited to expects does not expect is expected anticipates does not anticipate plans estimates believes does not believe or intends or stating that certain actions events or results may could would might or will be taken occur or be achieved are not statements of historical fact and may be forward looking information This information represents predictions and actual events or results may differ materially Forward looking information may relate to the Company s future outlook and anticipated events or results and may include statements regarding the Company s financial results future financial position expected growth of cash flows business strategy budgets projected costs projected capital expenditures taxes plans objectives industry trends and growth opportunities and those relating to projects owned by other companies in which the Company holds a royalty interest Forward looking information contained in this presentation is based on certain assumptions regarding expected growth results of operations performance industry trends and growth opportunities While management considers these assumptions to be reasonable based on information available they may prove to be incorrect Forward looking statements involve known and unknown risks uncertainties and other factors which may cause the actual results performance or achievements of the Company and other companies that own projects in which the Company holds a royalty interest to be materially different from any future results performance or achievements expressed or implied by the forward looking statements These risks uncertainties and other factors include but are not limited to risks associated with general economic conditions adverse industry events marketing costs loss of markets future legislative and regulatory developments involving the mining automotive and renewable energy industries inability to access sufficient capital from internal and external sources and or inability to access sufficient capital on favorable terms the mining automotive and renewable energy industries generally income tax and regulatory matters the ability of the Company and other companies that own projects in which the Company holds a royalty interest to implement its business strategies including expansion plans competition currency and interest rate fluctuations general economic and business conditions such as the current uncertainties with regard to COVID 19 and other risks The foregoing factors are not intended to be exhaustive Although the Company has attempted to identify important factors that could cause actual actions events or results to differ materially from those described in forward looking statements there may be other factors that cause actions events or results to differ from those anticipated estimated or intended Forward looking statements contained herein are made as of the date hereof and the Company and its directors officers and employees disclaim any obligation to update any forward looking statements whether as a result of new information future events or results or otherwise There can be no assurance that forward looking statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements For further information investors should review the Company s filings that are available at www sedar com All forward looking information is expressly qualified in its entirety by this cautionary statement Forward looking information and other information contained herein concerning management s general expectations concerning the mining automotive and renewable energy industries are based on estimates prepared by management using data from publicly available industry sources as well as from market research and industry analysis and on assumptions based on data and knowledge of this industry which management believes to be reasonable However this data is inherently imprecise although generally indicative of relative market positions market shares and performance characteristics While management is not aware of any misstatements regarding any industry data or comparables presented herein industry data and comparables are subject to change based on various factors The Company has not independently verified any of this data from independent third party sources Cautionary Note to U S Investors Concerning Resource and Reserve Estimates The mineral resources and mineral reserves disclosed in this presentation have been estimated in accordance with Canadian National Instrument 43 101 Standards of Disclosure for Mineral Projects NI 43 101 as required by Canadian securities regulatory authorities The Company is not subject to the reporting requirements of section 13 a of section 15 d of the United States Securities Exchange Act of 1934 as amended the Exchange Act the Company s U S investors should be aware that the SEC has adopted amendments to modernize the mineral property disclosure requirements for issuers whose securities are registered with the SEC the SEC Modernization Rules with compliance required for the first fiscal year on or after January 1 2021 The SEC Modernization Rules include the adoption of definitions of resources and reserves and their various categories which are substantially similar to the corresponding terms under the Definition Standards developed by the Canadian Institute of Mining and Metallurgy CIM Definition Standards as required under NI 43 101 Accordingly there is no assurance any resources and reserves that we may report as measured mineral resources indicated mineral resources and inferred mineral resources and proven mineral reserves and probable mineral reserves under NI 43 101 would be the same had we prepared these estimates under the standards adopted under the SEC Modernization Rules Inferred Resources have a great amount of uncertainty as to their economic and legal feasibility Under Canadian rules estimates of Inferred Resources may not form the basis of feasibility or pre feasibility studies or economic studies except for a Preliminary Economic Assessment as defined under Canadian National Instrument 43 101 Standards of Disclosure for Mineral Projects Accordingly you should not place undue reliance on forward looking statements relating to resource estimates due to the inherent uncertainty therein Technical information contained in this presentation has been reviewed and approved by David Gaunt PGeo a qualified person that is not independent of Electric Royalties Ltd This information is not intended to be and should not be construed in any way as part of an offering or solicitation of securities No securities commission or other regulatory authority in Canada the United States or any other country or jurisdiction has in any way passed upon the information contained in these pages Although the Company believes the facts and information contained in the pages of this presentation to be correct and attempts to keep this information as current as possible the Company does not warrant or make any representations as to the accuracy validity or completeness of any facts or information contained in these pages Unless otherwise specified no user has permission to copy redistribute reproduce or republish in any form any information found in the pages of this presentation Any user who without authorization retransmits copies or modifies any trade marks may violate federal or common law trade mark and or copywriter law and may be subject to legal action OCTOBER 2022 2

WHY INVEST IN ELECTRIC ROYALTIES A growing portfolio of royalties on metals required for the drive to sustainable electrification LITHIUM MANGANESE ZINC COPPER NICKEL TIN GRAPHITE COBALT VANADIUM Exponential growth forecast in demand for clean energy metals Management team and advisors with proven track record in creating value for shareholders Revenue generating royalty portfolio OCTOBER 2022 3

COBALT COPPER GRAPHITE LITHIUM MANGANESE NICKEL TIN VANADIUM T S X V E L E C OT C Q B E L E C F ZINC COMPANY OVERVIEW Cash Debt Position1 Share Structure1 1 2 CASH CASH EQUIVALENTS C 1 5M DEBT C 0 MARKET CAPITALIZATION2 C 26 2M SHARES OUTSTANDING 93 601 509 OPTIONS 7 197 500 WARRANTS 22 805 000 FULLY DILUTED 123 604 009 As at September 6 2022 As at October 17 2022 OCTOBER 2022 CANADA 11 AUSTRALIA 4 UNITED STATES 3 AFRICA 1 EUROPE 1 TOTAL ROYALTIES 20 GLOBAL FOCUS POTENTIAL LONG LIFE ASSETS WITH EXPLORATION UPSIDE POTENTIAL NEAR TERM PRODUCTION 4

ROYALTY PORTFOLIO Acquired Project Mineral OCTOBER 2022 5 LISTED BY DEVELOPMENT STAGE DEVELOPMENT Stage Royalty1 2 3 LOCATION Operator MKT CAP C 4 1 2021 Middle Tennessee Zinc Mine Zinc Producing Sliding Scale GMR above US 0 90 lb Zn United States Nyrstar Trafigura Private 2 2021 Graphmada Graphite Care Maintenance 2 5 NSR Madagascar Greenwing Resources 40M 3 2020 Authier Lithium Prefeasibility Study Complete 0 5 GMR Canada Sayona Mining 1 56B 4 2020 Bissett Creek Graphite 1 GRR Canada Northern Graphite 57M 5 2022 Zonia Copper 0 5 GRR option to add 0 5 GRR United States World Copper 32M 6 2020 Battery Hill Manganese 2 GMR Canada Manganese X Energy Corp 27M 7 2020 Mont Sorcier Vanadium 1 GMR Canada Voyager Metals 10M 8 2021 Seymour Lake Lithium Advanced Exploration 1 5 NSR Canada Green Technology Metals 180M 9 2021 Millennium Copper Advanced Exploration 0 5 GRR option to add 1 5 NSR Australia Metal Bank Limited 9M 10 2021 Cancet Lithium Advanced Exploration 1 NSR Canada Winsome Resources 47M 11 2021 Rana Project Nickel Advanced Exploration 1 NSR Norway Metals One Plc Global Energy Metals Private 12 2020 Chubb Lithium Exploration 2 GMR Canada Newfoundland Discovery Corp 3M 13 2020 Bouvier Lithium Exploration 2 GMR Canada Newfoundland Discovery Corp 3M 14 2020 Sayona East Lithium Exploration 2 GMR Canada Sayona Mining 1 56B 15 2021 Glassville Manganese Exploration 1 GRR Canada Globex Mining 36M 16 2022 Sleitat Project Tin Silver Exploration 1 NSR United States Cornish Metals 106M 17 2021 Yalbra Graphite Exploration 0 75 GRR Australia Buxton Resources 13M 18 2021 Mt Dorothy Cobalt Exploration 0 5 GRR Australia Global Energy Metals Corp 2M 19 2021 Cobalt Ridge Cobalt Exploration 0 5 GRR Australia Global Energy Metals Corp 2M 20 2020 Sayona West Lithium Exploration 0 5 GMR Canada Sayona Mining 1 56B 1 GRR Gross Revenue Royalty 3 NSR Net Smelter Royalty 2 GMR Gross Metal Royalty Preliminary Economic Assessment Complete Preliminary Economic Assessment Complete Preliminary Economic Assessment Complete Preliminary Economic Assessment Complete 4 As of October 17 2022 October 17 2022 exchange rates used for AUD market cap conversions to CAD https ca finance yahoo com

1 Q2 2022 BATTERY HILL MANGANESE Preliminary Economic Assessment Q2 2022 GRAPHMADA GRAPHITE Updated Mineral Resource estimate COMPLETED COMPLETED Q2 2022 SEYMOUR LAKE LITHIUM Updated Mineral Resource estimate COMPLETED COMPLETED KEY UPCOMING PROJECT CATALYSTS1 2022 AUTHIER LITHIUM Feasibility Study Q3 2022 MONT SORCIER VANADIUM Preliminary Economic Assessment Timeline is based on information from project owners OCTOBER 2022 Q2 2023 MONT SORCIER VANADIUM Feasibility Study 2023 ZONIA COPPER Pre Feasibility Study EARLY 2023 CANCET LITHIUM Inaugural Mineral Resource estimate 6

THE CLEAN ENERGY TRANSITION IS MINERAL INTENSIVE METALS CRITICAL FOR TRANSITION TO A LOW CARBON ECONOMY BY TECHNOLOGY TYPE IMPORTANCE LOW TO NONE HIGH Sources 1 https www mckinsey com industries metals and mining our insights the raw materials challenge how the metals and mining sector will be at the core of enabling the energy transition 2 Company Research OCTOBER 2022 7

LOW CARBON TECHNOLOGIES WILL DEMAND A HIGHER PERCENTAGE OF THE WORLD S MINERAL PRODUCTION 2050 PROJECTED ANNUAL DEMAND FROM ENERGY TECHNOLOGIES AS PERCENT OF 2018 0R 2019 ANNUAL PRODUCTION 600 500 400 300 200 100 0 COPPER ZINC VANADIUM NICKEL COBALT LITHIUM GRAPHITE Sources 1 Climate Smart Mining Minerals for Climate Action worldbank org 2050 projected annual demand from energy technologies as percent of 2018 annual production 2 https www glencore com dam jcr 6738b004 2209 47bb b541 6fafd3b0829c 20210216 GLEN FY 2020 Results Presentation pdf Forecast commodity demand compared to 2019 annual production under a Rapid Transition 1 5 C pathway OCTOBER 2022 8

ROYALTY COMPANY ADVANTAGES The royalty streaming business model has been proven to outperform mining companies e g Franco Nevada Wheaton Precious Metals Royalty companies do not operate mines nor need large and highly specialized teams to carry on their regular course of business Diversifies investments and mitigates risk COMPETITIVE ADVANTAGES ROYALTY COMPANY 300k 20 million 6x 21 6x1 Leverage to commodity prices Exploration upside Production rate upside No capital expense overruns No sustaining costs Royalties are generally registered against mineral title No exploration costs Lower risk royalties are typically based on revenues and paid irrespective of underlying profitability with no further capital outlay required Average revenue per employee 1 Scotiabank Monthly Streaming and Royalty Recap May 2021 MINING COMPANY Fixed cash costs forever Valuation multiple FCF OCTOBER 2022 9

THE PROCESS OF ACQUIRING ROYALTIES Electric Royalties Payment to acquire a mining royalty Mining Company ESTIMATING ANNUAL ROYALTY CASH FLOW ROYALTY RATE royalty of cash flow for life of mine X ANNUAL PRODUCTION GROSS REVENUE ROYALTY GRR Payment invested in mining operation METAL PRICE X TRANSPORT REFINING or SMELTER COSTS ETC NET SMELTER ROYALTY NSR Mining Operation OCTOBER 2022 10

OUR LITHIUM ROYALTY ASSETS ARE PRIMARILY IN EASTERN CANADA A MAJOR HUB FOR BATTERY PLANTS Source https cicenergigune com en blog north america accelerates commitment development gigafactory industry OCTOBER 2022 11

LITHIUM PORTFOLIO Lithium prices up 200 year over year1 Project Development Stage Royalty Operator Location Authier Prefeasibility Study Complete 0 5 Gross Metal Royalty Sayona Mining Canada Seymour Lake Advanced Exploration 1 5 Net Smelter Royalty Green Technology Metals Canada Cancet Advanced Exploration 1 Net Smelter Royalty Winsome Resources Canada Chubb Exploration 2 Gross Metal Royalty Newfoundland Discovery Corp Canada Bouvier Exploration 2 Gross Metal Royalty Newfoundland Discovery Corp Canada Sayona East Exploration 2 Gross Metal Royalty Sayona Mining Canada Sayona West Exploration 0 5 Gross Metal Royalty Sayona Mining Canada 1 tradingeconomics com commodities October 17 2022 OCTOBER 2022 12 12

LITHIUM ROYALTY SPOTLIGHT AUTHIER PROJECT 0 5 GROSS METAL ROYALTY ELEC ROYALTY QUEBEC CANADA LOCATION STAGE PREFEASIBILITY STUDY COMPLETE FOR NORTH AMERICAN LITHIUM NAL OPERATOR SAYONA MINING SYA ASX MORE INFORMATION SAYONAMINING COM AU AUTHIER Sayona announced a pre feasibility study PFS for its NAL Project in Qu bec Canada in May 2022 The PFS integrates the Authier Lithium Project with the NAL operation into Sayona s Abitibi Lithium Hub1 Sayona raised A 190 million in May 2022 to advance NAL to production and develop Authier Production at NAL planned in Q1 2023 production at Authier projected for 2023 Sayona Mining plans to release an updated feasibility study for the Authier Project in 2022 1 See Sayona Mining news release dated May 23 2022 OCTOBER 2022 13

LITHIUM ROYALTY SPOTLIGHT PROJECT ELEC ROYALTY LOCATION STAGE OPERATOR MORE INFORMATION MAP OF CANCET PROJECT IN QUEBEC CANADA CANCET 1 NET SMELTER ROYALTY QUEBEC CANADA ADVANCED EXPLORATION WINSOME RESOURCES WR1 ASX WINSOMERESOURCES COM AU CANCET High recoveries from metallurgical test work expected to result in lower environmental impact for Cancet due to less comminution crushing and a reduction in power and chemical requirements potentially reducing capital costs1 PROJECT ELEC ROYALTY LOCATION STAGE OPERATOR MORE INFORMATION SEYMOUR LAKE 1 5 NET SMELTER ROYALTY ONTARIO CANADA ADVANCED EXPLORATION GREEN TECHNOLOGY METALS GT1 ASX GREENTM COM AU SEYMOUR PROJECT June 2022 Indicated Mineral Resources more than doubled to 5 2 million tonnes at 1 29 lithium oxide and 161 ppm tantalum pentoxide using a 0 2 lithium oxide cut off2 Phase 2 Central Aubry Zone and Phase 3 Pye Prospect diamond drilling underway 1 Winsome Resources news release dated June 1 2022 2 Green Technology Metals Limited news release dated June 23 2022 Appendix B JORC Code 2012 Table 1 Both JORC and CIM are CRIRSCO members hence adhere to international resource reporting standards and adopt a similar approach to resource definition and classification Differences between the two codes do exist in the requirements for QP site visits technical reports and use of resource categories Source Winsome Resources OCTOBER 2022 14

GRAPHITE PORTFOLIO Anodes in certain types of lithium ion batteries used in EVs are comprised of graphite Energy storage applications are expected to be the main drivers of dramatic growth in demand for graphite PROJECT DEVELOPMENT STAGE ROYALTY Graphmada Care maintenance 2 5 Net Smelter Royalty Greenwing Resources Madagascar Bissett Creek Preliminary Economic Assessment Complete 1 Gross Revenue Royalty Northern Graphite Canada Yalbra Exploration 0 75 Gross Revenue Royalty Buxton Resources Australia OCTOBER 2022 OPERATOR LOCATION 15 15

GRAPHITE ROYALTY SPOTLIGHT PROJECT ELEC ROYALTY LOCATION STAGE OPERATOR MORE INFORMATION GRAPHMADA MINE 2 5 NET SMELTER ROYALTY MADAGASCAR CARE MAINTENANCE GREENWING RESOURCES GW1 ASX https www greenwingresources com graphmada 40 year mining lease permits and 20 year landholder agreements in place Stage 1 processing plant in place with 20 months of premium concentrate production achieved Currently on care and maintenance pending stage 2 expansion Established diversified sales channels with concentrates qualified and sold into international markets Europe the USA India Japan and China with all production sold without penalty or rejection 2022 exploration drilling ongoing Measured and Indicated Mineral Resource increased by a factor of 5 in July 2022 to 31 million tonnes at 4 8 Fixed Carbon with total M I contained graphite now nearly 1 6 million tonnes Inferred Resources nearly doubled to 30 9 million tonnes at 4 5 Fixed Carbon1 1 Greenwing Resources Ltd news release dated July 12 2022 JORC Code 2012 Table 1 Both JORC and CIM are CRIRSCO members hence adhere to international resource reporting standards and adopt a similar approach to resource definition and classification Differences between the two codes do exist in the requirements for QP site visits technical reports and use of resource categories Resources are reported at a 3 cut off grade OCTOBER 2022 16

GRAPHITE ROYALTY SPOTLIGHT PROJECT BISSETT CREEK ELEC ROYALTY 1 GROSS REVENUE ROYALTY LOCATION STAGE OPERATOR MORE INFORMATION BISSETT CREEK PEA 1 3 ANNUAL PRODUCTION ONTARIO CANADA PRELIMINARY ECONOMIC ASSESSMENT COMPLETE NORTHERN GRAPHITE CORP NGC TSX V NORTHERNGRAPHITE COM BISSETT CREEK Project located 17km from TransCanada Highway in an area of superior infrastructure Deposit has a very high percentage of desirable large flake graphite Project concentrate has demonstrated strong amenability to purification to battery standards see Northern Graphite news release dated August 16 2021 ISO compliant Life Cycle Assessment completed to assesses project impacts from the point of resource extraction to the end product and help guide the company in developing a carbon neutral project BISSETT CREEK IN PROXIMITY TO EV BATTERY MEGAFACTORIES4 REVENUE TONNE GRR RATE2 MINE LIFE 33 000t US 1 800 t 1 21 YEARS The PEA is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves as defined under NI 43 101 regulations for Canadian Public Companies There is no certainty that the PEA will be realized BY 2050 1 Refer to Appendix for detailed information 2 GRR annual revenue Production x Revenue tonne x GRR rate 3 ELEC cautions that Bissett Creek is not currently in production nor has any production decision been taken 4 Source Northern Graphite OCTOBER 2022 17

ZINC PORTFOLIO Aggregate gross amount of royalty revenue accrued to MTM LP on a 100 basis is US 1 545 000 C 1 971 000 a total of US 386 000 C 493 0001 of which revenue is attributable to Electric Royalties1 PROJECT Middle Tennessee Zinc Mine DEVELOPMENT STAGE Producing ROYALTY Sliding Scale Gross Mining Royalty above US 0 90 lb Zn OPERATOR LOCATION Nyrstar Trafigura U S Project is comprised of two underground zinc mines Gordonsville and Cumberland Processing plant at Gordonsville mine plus nearby Clarksville smelter create an integrated mining complex CLARKSVILLE SMELTER Production has occurred across a timespan of more than 45 years MIDDLE TENNESSEE ZINC MINE Large land package with significant resource potential 1 From the Acquisition Date to June 30 2022 MTM LP is a limited partnership that holds the royalty interest Revenue reported based on an average exchange rate of approximately C 1 275 US 1 00 for the period OCTOBER 2022 18 18

MANGANESE PORTFOLIO Manganese a cathode material will be used in the majority of batteries in the EV market Estimated average royalty revenue of US 3 5 million per year for life of mine may be payable PROJECT DEVELOPMENT STAGE Battery Hill Preliminary Economic Assessment Complete 2 Gross Metal Royalty Manganese X Energy Corp Canada Glassville Exploration 1 Gross Revenue Royalty Globex Mining Canada SPOTLIGHT BATTERY HILL Discussions initiated with potential strategic partners seeking highpurity manganese products Commenced development of the pilot plant program which will utilize innovative solution to produce high purity manganese sulphate without the use of selenium Commenced pre feasibility study work in October 2022 ROYALTY OPERATOR BATTERY HILL PEA1 2 AFTER TAX US 486M NPV10 AFTER TAX 25 IRR US 350M CAPEX 2 8 year payback AVERAGE US 177M year GROSS over 47 year REVENUE mine life ELEC S 2 of gross ROYALTY revenues OCTOBER 2022 LOCATION The PEA is preliminary in nature it includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves and there is no certainty that the preliminary economic assessment will be realized 1 Technical report titled NI 43 101 Technical Report on the Preliminary Economic Assessment of the Battery Hill Manganese Project Woodstock New Brunswick Canada with an effective date of May 12 2022 Available under Manganese X Energy Corp s profile on sedar com 2 Base case market price of 2 900 tonne for battery grade highpurity manganese sulphate HPMSM used for the study is well below the long term forecast price of 4 200 tonne HPMSM estimated by CPM Group Based on open pit mining at mining rate of 1 000 tpd and whole ore sulphuric acid slurry leach processing further treated to produce a crystalline manganese sulphate monohydrate product LOM operating cost of 122 tonne material processed 19 19

VANADIUM PORTFOLIO Vanadium is a key metal in energy storage Estimated average royalty revenue of US 750 000 to US 1 5 million per year for life of mine may be payable based on the US 15 to US 30 per tonne vanadium credits forecast in the PEA PROJECT Mont Sorcier DEVELOPMENT STAGE ROYALTY OPERATOR Preliminary Economic 1 Gross Metal Royalty on Assessment Complete Vanadium Production The overall project shows potentially robust economic results for a preliminary mine plan using only Indicated Resources of the North Zone1 and leaves upside potential from the conversion of Inferred Resources in the future MONT SORCIER PEA2 AFTER TAX US 1 6B NPV8 AFTER TAX 43 IRR Feasibility study expected in Q2 2023 to bring Mont Sorcier to a formal development decision Entered into a partnership in 2021 with a whollyowned subsidiary of Glencore plc to support the development of Mont Sorcier MOU signed with the Port of Saguenay to develop a strategic plan for future ore handling yard setup lay down and ship loading facilities see Vanadium One Iron news release dated August 19 2021 Voyager Metals INITIAL US 574M CAPEX 1 8 year payback LOM STRIP 0 87 1 RATIO AVERAGE ANNUAL FREE CASH FLOW US 235M OVER 21YEAR LOM OCTOBER 2022 LOCATION Canada The PEA is preliminary in nature and includes Mineral Resources that are not Mineral Reserves and do not have demonstrated economic viability There is no certainty that the PEA will be realized 1 See Appendix for Mineral Resource Estimate 2 Technical report titled NI 43 101 Technical Report Preliminary Economic Assessment PEA for the Mont Sorcier Project Quebec Canada with an effective date of September 8 2022 available under Voyager Metals Inc s profile on Sedar com The PEA for Mont Sorcier has been conducted based upon the Mineral Resource Estimate completed by InnovExplo and filed by Voyager on July 22 2022 uses only the Measured and Indicated Resource in the North Zone outlined in the NI 43 101 Technical Report dated July 22 2022 also available on SEDAR The cut off grade was calculated for the concentrate using the following parameters royalty 3 mining cost CA 3 30 mining overburden cost CA 2 45 processing cost CA 3 62 G A CA 0 75 selling costs CA 58 36 Fe price CA 190 t USD CAD exchange rate 1 3 and mill recovery 100 concentrate 20 20

COPPER PORTFOLIO Renewable energy systems use up to 12x more copper per unit of energy produced than conventional power systems and the average electric vehicle contains up to 3x the copper of an internal combustion car PROJECT DEVELOPMENT STAGE ROYALTY OPERATOR LOCATION Zonia Preliminary Economic Assessment Complete 0 5 GRR option to add 0 5 GRR World Copper Ltd United States Millennium Copper Advanced Exploration 0 5 Gross Revenue Royalty option to add 1 5 NSR Metal Bank Limited Australia SPOTLIGHT ZONIA Located in a part of Arizona with many existing copper mines past producers and active exploration projects The project can be easily reached by the existing road network the majority of which is paved highway World Copper plans to prepare for prefeasibilitylevel studies to further advance the project toward production World Copper plans to drill a new separate deposit target with copper porphyry style mineralization Zonia Norte near the main resource The PEA is preliminary in nature it includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves and there is no certainty that the preliminary economic assessment will be realized ZONIA PEA1 2 AFTER TAX US 177M NPV8 AFTER TAX 29 IRR INITIAL US 198M CAPEX 2 89 year payback LOM STRIP 0 6 1 RATIO CUMULATIVE NET CASH US 331M FLOW AFTER TAXES OCTOBER 2022 1 2 Preliminary Economic Assessment NI 43 101 technical report titled ZONIA COPPER PROJECT NI 43 101 Technical Report Yavapai County Arizona USA effective March 22 2018 and dated April 17 2018 prepared by Global Resource Engineering Ltd and posted under Cardero Resource Corp s profile at www sedar com Announced in 2018 at a Cu price of US 3 00 lb based on an open pit mine with a conventional copper acid heap leach system 21 21

COBALT PORTFOLIO Cobalt is a key component of lithium ion batteries integral to powering electric vehicles PROJECT DEVELOPMENT STAGE ROYALTY OPERATOR LOCATION Mt Dorothy Exploration 0 5 Gross Revenue Royalty Global Energy Metals Corp Australia Cobalt Ridge Exploration 0 5 Gross Revenue Royalty Global Energy Metals Corp Australia MAP OF MT DOROTHY COBALT RIDGE PROJECTS IN QUEENSLAND AUSTRALIA SIGNIFICANT COBALT INTERCEPTS1 MT DOROTHY EXPLORATION DRILLING 7m 0 14 Co 2 55 Cu 2m 0 12 Co 0 13 Cu 1 See Global Energy Metals news release on March 14 2018 Source Global Energy Metals OCTOBER 2022 22 22

NICKEL PORTFOLIO With a limited number of quality nickel sulphide projects available worldwide the R na Project represents one of the few drill ready low capex Class 1 nickel opportunities globally that has strong mining potential and exploration upside PROJECT DEVELOPMENT STAGE R na Project Advanced Exploration ROYALTY 1 Net Smelter Royalty OPERATOR Metals One Plc Global Energy Metals LOCATION Norway The R na intrusion hosts the Bruvann nickel copper and cobalt mine with a historical estimate of remaining resources in the underground mine Bruvann mine was operated from 1989 to 2002 at an average nickel price below US 4 pound Much of the mine infrastructure is still in place and maintained roads power lines conveyor belt to the shipping dock just 2 km away The deposit is open ended in three directions that have been under explored Source https globalenergymetals com portfolio rana project OCTOBER 2022 23 23

TIN PORTFOLIO Sleitat is one of only two tin deposits in the US with potential to be economically viable1 Tin s unique properties of malleability and corrosion resistance make it essential to the connectivity of all things electric including circuit boards electric vehicles photovoltaic cells and 5G infrastructure PROJECT DEVELOPMENT STAGE ROYALTY Sleitat Project Exploration 1 Net Smelter Royalty Minimal drilling below depth of 100 meters North Zone is open laterally and at depth South Zone remains completely untested to date Historical inferred resource of 25 9 million tonnes at 0 224 to 0 37 tin2 A qualified person has not done sufficient work to classify this historical estimate as current mineral resources and the Company is not treating the historical estimate as current mineral resources The Company has not verified the calculations and they are not reconcilable with current resource categories as specified by Canadian Institute of Mining Metallurgy and Petroleum Resources definitions The historical estimate is for information purposes only and should not be relied upon OPERATOR Cornish Metals LOCATION United States NOTABLE DRILL INTERCEPTS INCLUDE 3 1 m 12 55 tin and 197 g t silver within a larger intercept of 29 1 m at 1 56 tin and 28 g t silver 18 3 m 0 76 tin and 4 6 g t silver within a larger intercept of 104 4 m at 0 24 tin and 6 5 g t silver 22 7 m 0 67 tin and 3 6 g t silver within a larger intercept of 61 26 m at 0 38 tin and 4 9 g t silver3 1 2 3 Kamilli R J et al Chapter S of Critical Mineral Resources of the United States Economic and Environmental Geology and Prospects for Future Supply USGS Professional Paper 1802 S 2017 Burleigh R E Evaluation of the Tin Tungsten Greisen Mineralisation and Associated Granite at Sleitat Mountain Southwestern Alaska Open File Report 35 91 United States Department of the Interior Bureau of Mines 1991 Ellis W T Technical Report on the Sleitat Tin Silver Exploration Target Southwest Alaska Prepared for Strongbow Exploration Inc 2015 OCTOBER 2022 24 24

DIRECTORS OFFICERS MANAGEMENT CEO DIRECTOR BRENDAN YURIK B COM Founder and CEO of Evenor Investments Ltd a financial advisory group to junior mining companies for alternative financing debt equity and M A with experience in over 2 billion in mining financing transactions throughout his career Prior global experience as a research analyst as well as in business development and mining financial advisory roles with Endeavour Financial Cambrian Mining Finance Ltd Northern Vertex Mining Corp and King Bay West Management Corp CHAIRMAN MARCHAND SNYMAN CA SA CA AUS NZ Co founder and Chairman of RE Royalties Ltd a renewable energy royalty company involved in the acquisition of over 100 royalties to date Over 25 years senior executive experience in corporate finance and mining with a global merger financing acquisition and divestiture track record of more than 50 transactions DIRECTOR ROBERT SCHAFER P GEO Director of International Royalty Corp sold for 800m to Royal Gold More than 30 years of experience working internationally in business development roles with major and junior mining companies including formerly representing as Chairman of PDAC Serves as a director of a number of public resource companies DIRECTOR CRAIG LINDSAY MBA CFA 30 years experience in corporate finance investment banking and business development Principal of Arbutus Grove Capital Corp Most recently the Founder President and CEO of Otis Gold Corp until its sale to Excellon Resources Inc in April 2020 Currently a Director of Revolve Renewable Power Ltd Excellon Resources Inc VR Resources Ltd and Alianza Minerals Ltd CFO LUQMAN KHAN CPA CGA CFO of RE Royalties Ltd a renewable energy royalty company involved in the acquisition of over 100 royalties to date Financial reporting executive with over 20 years of professional experience in accountancy and business management Served as CFO for several publicly listed TSX V resource companies and previously with Ernst and Young in their assurance practice CHIEF GEOSCIENTIST DAVID GAUNT P GEO An economic geologist specializing in project assessment and resource estimation His experience spans projects worldwide and includes roles with senior mining companies and junior exploration companies Co recipient of the PDAC s Thayer Lindsley International Discovery Award OCTOBER 2022 25

ADVISORS GREGORY BOWES MBA P GEO Over 30 years experience as a senior executive and director of a number of resource and engineering companies CEO and a Director of Northern Graphite Corporation for the past 10 years advancing the advanced stage Bisset Creek deposit in Canada Considered to be a leading expert in worldwide graphite deposits NICHOLAS SCHLUMBERGER 40 years of private equity and investment banking experience Former Managing Director at Drexel Burnham Lambert and Warburg Paribas Becker Currently an active advisor to several alternative energy startups RICHARD WILLIAMS P GEO A Professional Geologist with over 30 years experience in gold mining and precious and base metal mineral exploration in southern Africa the Americas and Europe Has spent the last 15 years in public company executive management building a wide network of contacts across the financial and technical sectors of the mining and exploration industry Currently CEO President of Cornish Metals Inc which is advancing the United Downs copper tin project and the South Crofty tin project in Cornwall Also CEO Director of Winshear Gold Corp formerly Helio Resource Corp which discovered the resource at the SMP Gold Project in Tanzania RODNEY COOPER P ENG Has worked in mine exploration development technical services permitting construction operations mine closure and reclamation during a career that spans approximately 40 years He has extensive experience in over 40 jurisdictions around the globe holding executive positions in mining companies and financial institutions Rodney s experience spans precious metals base metals and industrial bulk commodities MARCEAU SCHLUMBERGER Management of Coral Reef Capital a natural resources private equity firm making investments in metals and mining and energy companies led by proven management teams Sits on the investment committees of CRC Resources Fund II LP and CRC Energy Fund LP and has 25 years experience in private equity and private credit Currently serves as a board member of Rawhide Mining Western Exploration ROC Service Krewe Energy and Shawnee Oil Company DARCY MARUD P GEO More than 30 years of precious metals exploration experience in the Americas Currently the CEO of Western Exploration LLC a Nevada based precious metals exploration company Former Senior VP Exploration at Yamana Gold Inc 2007 to 2013 and later Executive Vice President Enterprise Strategy from 2014 until his departure in September 2017 Prior to Yamana Gold Mr Marud held senior roles in exploration with Homestake Mining Company FMC Gold Corp and Meridian Gold Inc OCTOBER 2022 26

A HIGH VALUE GROWTH AND INCOME INVESTMENT OPPORTUNITY Increasing electric vehicle and battery production is set to drastically increase demand growth across electric metals over the next decade Targeting long term recurring and diversified royalty cash flows with no ongoing holding costs Royalty companies have been shown to outperform investing directly in operating mining companies and the underlying commodities associated with them Experienced management team and board to drive the company forward including experienced royalty executives geologists engineers and mining financiers OCTOBER 2022 27

TSX V ELEC OTCQB ELECF CONTACT BRENDAN YURIK CEO BRENDAN YURIK electricroyalties com 1 604 364 3540 GENERAL ENQUIRIES info electricroyalties com 1 604 639 9200 1400 1040 WEST GEORGIA STREET VANCOUVER B C V6E 4H1 CANADA ELECTRICROYALTIES COM

APPENDIX ELECTRICROYALTIES COM

BATTERY HILL MANGANESE Source NI 43 101 TECHNICAL REPORT BATTERY HILL PROJECT MINERAL RESOURCE ESTIMATE WOODSTOCK AREA NEW BRUNSWICK CANADA Tenier P et al Prepared for Manganese X Energy Corp Effective Date June 18 2021 The information contained in the Appendices has been compiled by management and has been reviewed by the company s Qualified Person OCTOBER 2022 30

MONT SORCIER VANADIUM Source Voyager Metals Inc news release dated June 9 2022 The information contained in the Appendices has been compiled by management and has been reviewed by the company s Qualified Person OCTOBER 2022 31

MILLENNIUM COPPER COBALT The historic estimate as shown below was completed in 2016 Metal prices used were Cu US 4 600 t Co US 27 000 t Au US 1 330 oz and Ag US 20 oz It is believed that the JORC compliant resource is relevant and of a reliable nature but Further drilling is recommended to confirm the estimate as reported in 2019 Technical Report for Global Energy Metals available at www sedar com A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and Electric Royalties is not treating the historical estimate as current Source Haren Consulting 2016 Hammer Metals Ltd Millennium Cobalt Copper Gold Project Mineral Resource Estimate November 2016 The information contained in the Appendices has been compiled by management and has been reviewed by the company s Qualified Person OCTOBER 2022 32

BISSETT CREEK GRAPHITE1 1 Northern Graphite Corporation Bissett Creek Project PEA Leduc M Effective Date December 6 2013 Further information and technical reports can be obtained through the Northern Graphite profile at www sedar com or northerngraphite com The PEA is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves as defined under NI 43 101 regulations for Canadian Public Companies There is no certainty that the PEA will be realized Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability The information contained in the Appendices has been compiled by management and has been reviewed by the company s Qualified Person OCTOBER 2022 33