Mr. David Cole reports

ELEMENTAL ROYALTY ANNOUNCES INAUGURAL DIVIDEND AND OPTION FOR QUALIFYING REGISTERED SHAREHOLDERS TO RECEIVE TETHER GOLD

Elemental Royalty Corp.'s board of directors has approved an inaugural dividend policy. In accordance with the policy, Elemental expects to declare an annual cash dividend to its shareholders of 12 U.S. cents per Elemental common share, to be paid in quarterly instalments of three U.S. cents per share, with the record date for the inaugural dividend to be paid at the end of the first calendar quarter of 2026 and at the end of each calendar quarter following for subsequent dividends.

The company anticipates that qualifying registered shareholders will be able to elect to receive their dividend in the form of Tether Gold XAUT tokens, of par value to the dividend price, thereby providing Elemental shareholders with direct ownership of physical gold through their investment in gold royalties.

Highlights:

• Maiden dividend policy approved by the board of directors;
• Expected annual cash dividend of 12 U.S. cents per Elemental share, paid quarterly;
• Anticipated that qualifying registered shareholders will be able to elect that their cash dividends be invested in Tether Gold's XAUT token;
• The dividend to shareholders is supported by Elemental's strong projected revenue and cash flow growth profile in 2026 and beyond;
• Further information on how shareholders may elect to receive the dividend or dividend in kind will be provided in due course.

David M. Cole, chief executive officer of Elemental Royalty, commented: "The approval of this dividend policy marks an important milestone in Elemental's strategic trajectory and reflects our confidence in the strength and momentum of the business; we believe this is the right time to introduce a sustainable, long-term, dividend. The decision to offer investors a dividend in kind, in the form of Tether Gold, further differentiates Elemental as a forward-thinking, growth-oriented investment."

Stefan Wenger, chief financial officer of Elemental Royalty, commented: "Our inaugural dividend is underpinned by Elemental's strong balance sheet and future revenue outlook in the near and longer term: As of Dec. 31, 2025, we had approximately $53-million (U.S.) of cash and no debt, providing substantial financial flexibility as we continue to invest in growth. We will continue to maintain a disciplined approach to capital allocation, balancing returning capital to shareholders through a progressive dividend which we intend to maintain, or even increase, without compromising on our strategy of accretive growth through the acquisition and generation of precious metals streams and royalties."

Juan Sartori, executive chairman of Elemental Royalty, commented: "We believe the initiation of this dividend policy is a world first for a royalty company: We anticipate enabling qualifying shareholders to elect to have their cash dividend invested in the purchase of the Tether XAUT token, thereby facilitating for shareholders greater exposure to physical gold through Tether Gold's stablecoin and retaining real long-term value storage via a practical mechanism for gold-denominated investment returns."

Dividend policy

This inaugural dividend policy is a direct reflection of the company's disciplined approach to balancing strategic growth investments with direct shareholder returns. The Elemental portfolio has proven to be a solid, high-margin, strong-cash-generating foundation from which the company anticipates continued growth in asset values and revenue, through a pipeline of near-term development assets, in addition to expansions at producing assets, thereby providing the company with the financial strength to return capital to its shareholders through meaningful dividends. The company anticipates that qualifying registered shareholders will be able to elect to direct their cash dividend to be invested in the purchase of Tether Gold's XAUT token.

Subsequent announcement

The company plans to notify shareholders of the formal declaration of the dividend and record date in a subsequent news release. The company also expects that such news release will contain instructions as to how certain registered shareholders may elect to direct their cash dividend to be invested in the purchase of the Tether XAUT token.

Based on the company's closing share price of $21.05 (U.S.) per share on the Nasdaq Stock Market, on Feb. 13, 2026, the quarterly dividend the company expects to declare implies a forward annualized dividend yield of 0.6 per cent. Based on 63.9 million shares outstanding as of Feb. 13, 2026, the total dividend anticipated to be paid in respect of the first calendar quarter of 2026 is expected to be approximately $1.9-million (U.S.).

Tether Gold XAUT

Tether Gold (XAUT) is a stablecoin that provides ownership on a 1:1 basis of one fine troy ounce of gold on a physical gold bar that meets the good delivery standard of the London Bullion Market Association (LBMA).

About Elemental Royalty Corp.

Elemental Royalty is a new mid-tier, gold-focused streaming and royalty company with a globally diversified portfolio of 16 producing assets and more than 200 royalties, anchored by cornerstone assets and operated by world-class mining partners. Formed through the merger of Elemental Altus and EMX, the company combines Elemental Altus's record of accretive royalty acquisitions with EMX's strengths in royalty generation and disciplined growth. This complementary strategy delivers both immediate cash flow and long-term value creation, supported by a best-in-class asset base, diversified production and sector-leading management expertise.

Elemental Royalty trades on the TSX Venture Exchange and on the Nasdaq under the ticker Symbol ELE.

We seek Safe Harbor.