Company: SAND
Filing Date: 2025-03-31
Form Type: 40-F
Source: 0001628280-25-015698
Chunk: 2

Company: SANDSTORM GOLD LTD
Filing Date: 2025-03-31
Form: 40-F
Chunk 2
---
 issuer eligible to file its annual report pursuant to Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), on Form 40-F pursuant to the multi-jurisdictional disclosure system of the Exchange Act. The Company is a “foreign private issuer” as defined in Rule 3b-4 under the Exchange Act. Equity securities of the Company are accordingly exempt from Sections 14(a), 14(b), 14(c), 14(f) and 16 of the Exchange Act pursuant to Rule 3a12-3.

### DOCUMENTS INCORPORATED BY REFERENCE
The following documents, or the portions thereof indicated below, that are filed as exhibits to this annual report on Form 40-F (“Form 40-F”), are each incorporated herein by reference:

Annual Information Form

The Company’s Annual Information Form for the year ended December 31, 2024 (“AIF”) is filed as Exhibit 99.1 to this Form 40-F.

Management’s Discussion and Analysis

The Company’s management’s discussion and analysis for the year ended December 31, 2024 (“MD&A”) included in the Annual Report of the Company for the year ended December 31, 2024 (the “Annual Report”) which is filed as Exhibit 99.2 to this Form 40-F.

Audited Annual Financial Statements

The Company’s audited financial statements as at and for the years ended December 31, 2024 and 2023 (the “Audited Financial Statements”) included in the Annual Report which is filed as Exhibit 99.2 to this Form 40-F.

### FORWARD-LOOKING STATEMENTS
This annual report on Form 40-F and the exhibits attached hereto and incorporated herein may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), Section 21E of the Exchange Act, the Private Securities Litigation Reform Act of 1995 or in rules and releases made by the Securities and Exchange Commission (“SEC”), all as may be amended from time to time, concerning the business, operations and financial performance and condition of Sandstorm Gold. The forward-looking statements contained in this Form 40-F are made only as of the date hereof. The forward-looking statements contained in the exhibits incorporated by reference into this Form 40-F are made only as of the respective dates set forth in such exhibits. The Company does not intend, and