OR ROYALTIES INC.

Ticker: OR CUSIP: 68390D106 Class: COM SHS

HORIZON KINETICS ASSET MANAGEMENT LLC's Holding History (CIK: 0001056823)

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

Q4 2025

Shares 1,815,024 Value ($000) $64,234 Avg Close $35.04 Range $30.22 - $42.25

Q3 2025

Shares 1,823,650 Value ($000) $73,092 Avg Close $31.21 Range $25.14 - $40.49

Q2 2025

Shares 1,817,501 Value ($000) $46,728 Avg Close $24.09 Range $18.98 - $27.60

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,815,024	$64,234	$35.04	$30.22 - $42.25
Q3 2025	1,823,650	$73,092	$31.21	$25.14 - $40.49
Q2 2025	1,817,501	$46,728	$24.09	$18.98 - $27.60