OR ROYALTIES INC.

Ticker: OR CUSIP: 68390D106 Class: COM SHS

NATIONAL BANK OF CANADA /FI/'s Holding History (CIK: 0000926171)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 209,519 Value ($000) $7,272 Avg Close $35.04 Range $30.22 - $42.25

Q3 2025

Shares 167,537 Value ($000) $6,374 Avg Close $31.21 Range $25.14 - $40.49

Q2 2025

Shares 142,048 Value ($000) $3,386 Avg Close $24.09 Range $18.98 - $27.60

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	209,519	$7,272	$35.04	$30.22 - $42.25
Q3 2025	167,537	$6,374	$31.21	$25.14 - $40.49
Q2 2025	142,048	$3,386	$24.09	$18.98 - $27.60