Evolve Royalties Ltd — Capital/Financing Update 2026

Jan 9, 2026

NOTICE
DECLARING INTENTION TO BE QUALIFIED UNDER
NATIONAL INSTRUMENT 44-101 SHORT FORM PROSPECTUS DISTRIBUTIONS
(“NI 44-101”)

January 9, 2026

TO: British Columbia Securities Commission

AND TO: Alberta Securities Commission
Financial and Consumer Affairs Authority of Saskatchewan
Manitoba Securities Commission
Ontario Securities Commission
Financial and Consumer Services Commission, New Brunswick
Nova Scotia Securities Commission

Evolve Royalties Ltd. (the “Issuer”) intends to be qualified to file a short form prospectus under NI 44-101. The Issuer acknowledges that it must satisfy all applicable qualification criteria prior to filing a preliminary short form prospectus. This notice does not evidence the Issuer’s intent to file a short form prospectus, to enter into any particular financing or transaction or to become a reporting issuer in any jurisdiction. This notice will remain in effect until withdrawn by the Issuer.

EVOLVE ROYALTIES LTD.

By: (signed) Joseph de la Plante
Name: Joseph de la Plante
Title: Chief Executive Officer