RE Royalties Provides Corporate Update and Declares Dividend

Executive Summary

• RE Royalties disclosed $50 million of letters of intent for near‑term renewable energy investments across solar, wind, storage and distributed generation projects in the U.S., Maldives and Canada.
• The company extended its secured loan to Powerbank Corporation by one year, raising the interest rate to 12% and royalty rate to 0.80% (potentially decreasing to 0.65% on early repayment).
• Approximately $10 million of Series 1 Green Bonds have been repaid, with a final $300 k tranche due in Q1 2026; the program holds an S&P “Dark Green” rating.
• RE Royalties’ common shares began trading on the Frankfurt Stock Exchange under ticker Y2V, expanding its European investor base.
• The Board declared a cash dividend of C$0.01 per share payable 21 Jan 2026 and shifted to an annual dividend policy.

Key Details

• Near‑Term Investment Pipeline – $50 M in LOIs for solar, wind, energy storage and distributed generation projects; locations include the United States, Maldives and Canada.
• Loan Extension with Powerbank Corp. – Term extended by 1 year; interest rate increased to 12% per annum; royalty rate raised to 0.80%, dropping to 0.65% if repaid within six months.
• Green Bond Repayment – $10 M of Series 1 Green Bonds substantially repaid in Q4 2025; final tranche of $300 k scheduled for Q1 2026; program rated “Dark Green” by S&P Global Ratings Shades of Green.
• Frankfurt Stock Exchange Listing – Shares now trade on the FSE under symbol Y2V, providing broader access to European capital markets and enhancing liquidity.
• Dividend Declaration – Cash distribution of C$0.01 per common share; payable 21 Jan 2026 to shareholders of record 31 Dec 2025; Board moved from quarterly to annual dividend policy to increase financial flexibility.
• Board Appointment – Alexa Blain appointed to the Board, replacing Paul Larkin; Blain brings extensive climate‑finance experience (Deetken Impact, African Alliance, CPPIB, Macquarie).

Notable Quotes

• Peter Leighton, COO: “These near‑term opportunities reflect the strength of demand for flexible, innovative capital in the renewable energy sector…”
• Bernard Tan, CEO: “The extension demonstrates the successful long‑term partnership… and underscores the value of royalty‑based capital for renewable energy developers.”
• Marchand Snyman, Chairman: “We welcome Ms. Alexa Blain to the Board; her experience will be invaluable as we focus on growing our portfolio.”
• Bernard Tan, on Frankfurt listing: “Our Frankfurt listing marks an important step in broadening our global presence and enhancing trading liquidity.”