OR ROYALTIES INC.

Ticker: OR CUSIP: 68390D106 Class: COM SHS

Connor, Clark & Lunn Investment Management Ltd.'s Holding History (CIK: 0001596800)

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

Q4 2025

Shares 2,087,438 Value ($000) $73,933 Avg Close $35.04 Range $30.22 - $42.25

Q3 2025

Shares 1,887,800 Value ($000) $75,647 Avg Close $31.21 Range $25.14 - $40.49

Q2 2025

Shares 1,781,100 Value ($000) $45,808 Avg Close $24.09 Range $18.98 - $27.60

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,087,438	$73,933	$35.04	$30.22 - $42.25
Q3 2025	1,887,800	$75,647	$31.21	$25.14 - $40.49
Q2 2025	1,781,100	$45,808	$24.09	$18.98 - $27.60