Vancouver, BC | Sandstorm Gold Ltd. (“Sandstorm Gold Royalties”, “Sandstorm” or the “Company”) (NYSE: SAND, TSX: SSL) today announced that, further to the Company’s press release dated May 12, 2025, Institutional Shareholder Services Inc. (“ISS”) has updated its voting recommendations regarding proposals relating to amendments to the Company’s share-based compensation program to be voted on at the Company’s upcoming Annual General and Special Meeting of Shareholders scheduled for May 30, 2025 (the “Meeting”). ISS’ updated report now recommends shareholders vote FOR all management proposals to be voted on at the Meeting, including those proposals ISS previously recommended voting against. As previously announced, Glass, Lewis & Co. LLC, a leading independent proxy advisor, has also recommended that the Company’s shareholders vote FOR the management proposals relating to the Company’s share-based compensation program as outlined in the Company’s Management Information Circular dated April 9, 2025 (the “Information Circular”).

For further details, please refer to the Company’s press release dated May 12, 2025. Shareholders can obtain copies of the Information Circular and other related Meeting materials from SEDAR+ at www.sedarplus.ca or by contacting Investor Relations at info@sandstormgold.com