Mr. Joseph de la Plante reports

EVOLVE ROYALTIES ANNOUNCES RESULTS OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

At Evolve Royalties Ltd.'s annual and special meeting of shareholders held earlier today, Evolve's shareholders elected Joseph de la Plante, Vincent Metcalfe, Elif Levesque, Mathieu Gignac and Fraser Laschinger as directors of the company. Following the meeting, Evolve's board of directors reappointed Mr. de la Plante as president and chief executive officer of the company, Annie Dutil as chief financial officer, corporate secretary and treasurer of the company, and Vincent Cardin-Tremblay as chief operating officer of the company.

At the meeting, Evolve's shareholders also approved resolutions: (i) appointing PricewaterhouseCoopers LLP, chartered professional accountants, as the auditor of the company; and (ii) approving the company's omnibus equity incentive plan and unallocated awards thereunder.

About Evolve Royalties Ltd.

Evolve is a copper-focused royalty company engaged in the acquisition and management of high-quality royalty, stream and other similar interests in base and critical metals that sustain both traditional and modern economic activity. The company's strategy is to build a diversified portfolio of long-life cash-flowing royalties while maintaining exposure to long-term commodity upside. The company's common shares are listed and posted for trading on the Canadian Securities Exchange under the symbol EVR and on the OTCQX Best Market under the symbol EVRYF.