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Triple Flag Declares Q2 2022 Dividend

Corporate Actions

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NEWS RELEASE

Toronto, May 10, 2022

Triple Flag Declares Q2 2022 Dividend

Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX:TFPM, TSX:TFPM.U)

is pleased to announce that its Board of Directors has approved a cash dividend of US$0.0475 per common share

to be paid on June 15, 2022 to the shareholders of record at the close of business on May 31, 2022.

About Triple Flag

Triple Flag is a pure play, gold-focused, emerging senior streaming and royalty company. We provide our investors

with exposure to a long-life, diversified and high-quality portfolio of streams and royalties that generates robust

free cash flows. Our busin ess is underpinned by a rigorous focus on asset quality, optionality, sustainability and

risk management. We offer bespoke financing solutions to the metals and mining industry. Our mission is to be a

preferred funding partner to mining companies throughou t the commodity cycle by providing customized

streaming and royalty financing, while offering value beyond capital as partners via our networks, capabilities and

sustainability support . Since our inception in 2016, we have delivered sector -leading growth t hrough the

construction of a diversified portfolio of streams and royalties that provides exposure primarily to gold and silver

in the Americas and Australia. We have also maintained carbon neutrality since that time, including the Scope 3

greenhouse gas e missions of our attributable portion of metals production of our counterparties. We have 80

assets, including 9 streams and 71 royalties. These investments are tied to mining assets at various stages of the

mine life cycle, including 15 producing mines and 65 development and exploration stage projects. On May 26,

2021, Triple Flag closed its IPO, which was the largest TSX -listed mining IPO since 2012 by size and market

capitalization, and the largest precious metals IPO globally by market capitalization since 2008. Triple Flag’s shares

are listed on the TSX under TFPM.U (USD listing) and TFPM (CAD listing).

Contact Information – Inquiries:

Investor Relations:

James Dendle, Vice President, Evaluations & Investor Relations

Tel: +1 (416) 304-9770

Email: [email protected]

Media:

Gordon Poole, Camarco

Tel: +44 (0) 7730 567 938

Email: [email protected]

NEWS RELEASE