Osisko Announces the Voting Results from Its Annual Meeting of Shareholders

MONTREAL - Osisko Gold Royalties Ltd (the 'Corporation' or 'Osisko') (OR: TSX & NYSE) announces that, at the annual meeting of shareholders held on May 12, 2022, each of the 9 nominees listed in the management information circular filed on April 11, 2022 (the 'Circular') with regulatory authorities were elected as directors of the Corporation.

Election of Directors

Based on the proxies received by the Corporation and the votes on a show of hands, the following individuals were elected as directors of the Corporation until the next annual shareholders' meeting, with the following results.

About Osisko Gold Royalties Ltd

Osisko is an intermediate precious metal royalty company which holds a North American focused portfolio of over 165 royalties, streams and precious metal offtakes. Osisko's portfolio is anchored by its cornerstone asset, a 5% net smelter return royalty on the Canadian Malartic mine, which is the largest gold mine in Canada.

Osisko's head office is located at 1100 Avenue des Canadiens-de Montreal, Suite 300, Montreal, Quebec, H3B 2S2.

Contact:

Heather Taylor

Tel: [phone] #105

Email: [e-mail]

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