Triple Flag Increases 2026 GEOs Guidance and Announces Steppe Gold Agreement

Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) announces that its wholly owned subsidiary, Triple Flag International Ltd., has entered into a settlement agreement with Steppe Gold Ltd. and its related entities (“Steppe”) pursuant to which, Steppe has delivered to Triple Flag all gold and silver stream obligations in arrears under its stream agreement and has delivered all gold prepay ounces in arrears. Additionally, the settlement agreement provides that the Steppe Gold Stream Agreement has been amended to provide for fixed cumulative deliveries totaling 34,770 ounces of gold over the ten-year period starting in Q3 2026 and ending in Q4 2036, following which Triple Flag will be entitled to gold deliveries equal to 1.5% of the prior quarter’s gold production from the ATO mine, subject to a 500 gold ounce quarterly cap. Unless otherwise indicated, all amounts are expressed in US dollars. “We are pleased to announce a