REVENUE DIVERSIFICATION 15 Diversified with Low Risk (2022 Revenue) Rest of First Gas World Cobre Panama Quantum 12% 9% 17% 17% Other NGL Mexico & 27% Oil 2% Canada 12% Central & USA Candelaria Lundin America 41% 10% Others 10% Commodity 23% Geography Assets 48% Operator Iron Ore Gold Glencore 4% 55% Antamina Antapaccay Barrrick 7% PGM Vale 5% 7% Vale 4% 3% 3% 4% Coeur Energy Guadalupe 6% Silver 25% 6% Teck 11% South America 5% 27% 70% from 91% from Asset Operator Precious Metals Americas Diversification Diversification