| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Stairs Janice | Director | C/O TRILOGY METALS INC., SUITE 901, 510 BURRARD STREET, VANCOUVER, BRITISH COLUMBIA, CANADA | /s/ Elaine Sanders as attorney-in-fact for Janice Stairs | 10 Oct 2025 | 0001562653 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TMQ | Common Shares | Options Exercise | $180,000 | +100,000 | +22% | $1.80 | 558,771 | 09 Oct 2025 | Direct | F1 |
| transaction | TMQ | Common Shares | Sale | $332,057 | -50,613 | -9.1% | $6.56* | 508,608 | 09 Oct 2025 | Direct | F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TMQ | Director Stock Option (Right to Buy) | Options Exercise | $0 | -100,000 | -100% | $0.000000 | 0 | 09 Oct 2025 | Common Shares | 100,000 | $1.80 | Direct |
| Id | Content |
|---|---|
| F1 | Converted from Canadian exercise price of C$2.52 using an exchange rate of C$1.40 = US$1.00. |
| F2 | The sale price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from C$9.1243 to C$9.2204, inclusive. The reporting person undertakes to provide to Trilogy Metals Inc., any security holder of Trilogy Metals Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. |
| F3 | The Canadian average weighted price was converted into U.S. dollars using an exchange rate of C$1.40 = US$1.00. |