OR ROYALTIES INC.

Ticker: OR CUSIP: 68390D106 Class: COM SHS

SeaBridge Investment Advisors LLC's Holding History (CIK: 0001304229)

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

Q4 2025

Shares 19,389 Value ($000) $686 Avg Close $35.04 Range $30.22 - $42.25

Q3 2025

Shares 17,677 Value ($000) $708 Avg Close $31.21 Range $25.14 - $40.49

Q2 2025

Shares 15,500 Value ($000) $399 Avg Close $24.09 Range $18.98 - $27.60

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	19,389	$686	$35.04	$30.22 - $42.25
Q3 2025	17,677	$708	$31.21	$25.14 - $40.49
Q2 2025	15,500	$399	$24.09	$18.98 - $27.60