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Osisko Announces the Voting Results from Its Annual Meeting of Shareholders

Shareholder Meetings

OSISKO ANNOUNCES THE VOTING RESULTS FROM ITS ANNUAL MEETING

OF SHAREHOLDERS

(Montréal, May 13, 2022) Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX

& NYSE) announces that, at the annual meeting of shareholders held on May 12, 2022, each of

the 9 nominees listed in the management information circular filed on April 11, 2022 (the

“Circular”) with regulatory authorities were elected as directors of the Corporation.

Election of Directors

Based on the proxies received by the Corporation and the votes on a show of hands, the

following individuals were elected as directors of the Corporation until the next annual

shareholders’ meeting, with the following results:

RESOLUTION No 1

Name of Nominee

Votes cast

FOR

Percentage

(%) of votes

cast

FOR

Votes

WITHHEL

D

Percentage

(%) of votes

cast

WITHHELD

Honourable John R. Baird 119,796,551 97.29 3,332,915 2.71

Joanne Ferstman 115,367,332 93.70 7,762,134 6.30

Edie Hofmeister 122,351,476 99.37 777,990 0.63

W. Murray John 113,309,472 92.02 9,819,994 7.98

Pierre Labbé 121,413,943 98.61 1,715,523 1.39

Candace MacGibbon 121,680,838 98.82 1,448,628 1.18

Charles E. Page 122,632,132 99.60 497,334 0.40

Sean Roosen 116,980,314 95.01 6,149,152 4.99

Sandeep Singh 122,608,840 99.58 520,626 0.42

Appointment and Remuneration of Auditor

Based on the proxies received by the Corporation and the votes on a show of hands ,

PricewaterhouseCoopers, LLP, Chartered Professional Accountants, was appointed as

independent auditor of the Corporation for the ensuing year and the directors are authorized to

fix its remuneration, with the following results:

RESOLUTION No 2

Votes cast

FOR

Percentage

(%)

of votes cast

FOR

Votes

WITHHEL

D

Percentage (

%) of votes

cast

WITHHELD

Appointment and

Remuneration of Auditor.

129,381,41

2 99.12

1,143,25

8 0.88

- 2 -

Approval of the Amended Deferred Share Unit Plan and Approval of unallocated rights

and entitlements

Based on the proxies received by the Corporation and the votes on a show of hands with respect

to the adoption of an ordinary resolution to approve the amended Deferred Share Unit Plan and

approve all unallocated rights and entitlements under the plan, the results are as follows:

RESOLUTION No3

Votes cast

FOR

Percentage

(%) of votes

cast

FOR

Votes cast

AGAINST

Percentage

(%) of votes

cast

AGAINST

Ordinary Resolution to

approve the amended

Deferred Share Unit Plan

and approve all

unallocated rights and

entitlements 121,104,538 98.36 2,024,803 1.64

Advisory Resolution on Executive Compensation

Based on the proxies received by the Corporation and the votes by show of hands with respect

to the adoption of an advisory resolution accepting the Corporation’s approach to executive

compensation, the results are as follows:

RESOLUTION No 4

Votes cast

FOR

Percentage

(%) of votes

cast

FOR

Votes cast

AGAINST

Percentage

(%)

of votes cast

AGAINST

Advisory Resolution on

Executive

Compensation. 117,448,640 95.39 5,680,822 4.61

- 3 -

About Osisko Gold Royalties Ltd

Osisko is an intermediate precious metal royalty company which holds a North American focused

portfolio of over 165 royalties, streams and precious metal offtakes. Osisko’s portfolio is anchored

by its cornerstone asset, a 5% net smelter return royalty on the Canadian Malartic mine, which is

the largest gold mine in Canada.

Osisko’s head office is located at 1100 Avenue des Canadiens-de Montréal, Suite 300, Montréal,

Québec, H3B 2S2.

For further information, please contact Osisko Gold Royalties Ltd:

Heather Taylor

Vice President, Investor Relations

Tel. (514) 940-0670 #105

Email : [email protected]