Investor Presentation October 2021

INVESTOR PRESENTATION / OCTOBER 2023 APPENDIX 2: NON-REDEEMING SHAREHOLDER SCENARIOS BASED ON REDEMPTIONS Potentially higher common shareholding for non-redeeming shareholders as redemption rates increase. Redemptions (% of total trust cash) Total Common Shares & Warrants of Public Shareholders Number of TLGY Common Shares Post-Redemption Number of TLGY Detachable Public Warrants 0% 50% 75% 80% 90% 95% Number of TLGY Non-Detachable Public Warrants 7,318,182 11,500,000 5,750,000 3,659,091 11,500,000 5,750,000 5,750,000 1,829,546 1,463,636 11,500,000 11,500,000 5,750,000 731,818 11,500,000 5,750,000 365,909 11,500,000 5,750,000 Economics per One Common Share held by Non-Redeemed Public Shareholders (Excluding 0.5 detachable warrant, which does not have a right for the warrant holder to be converted to Common Shares at DeSPAC) One Common Share 1.00 1.00 1.00 1.00 1.00 1.00 Number of TLGY Non-Detachable Public Warrants per One Common Share Preemptive Warrant Conversion: The non-redeeming public shareholders are expected to be given a right to convert the Non-Detachable Public Warrants to Common Shares at a ratio of 5 to 1 0.79 1.57 3.14 3.93 7.86 15.71 Warrant to Common Share Conversion Ratio of Non-Detachable Warrants at Closing 5.0x 5.0x 5.0x 5.0x 5.0x 5.0x Number of Common Shares Converted from Non-Detachable Warrants at Closing 0.16 0.31 0.63 0.79 1.57 3.14 Total Implied Total Common Shares for Each Unredeemed Common Share Post-DeSPAC (Conversion to be rounded off to whole units) 1.16 1.31 1.63 1.79 2.57 4.14 Indicative Value of One Unredeemed Common Share Post-DeSPAC (fixed at $10.9/share'; value would fluctuate based on actual price) $12.6 $14.4 $17.8 $19.5 $28.0 $45.1 Note 1: Trading price for a common share close to closing (also close to redemption date) is likely to be around or higher than the redeeming value of trust cash at closing, which is expected to be around $10.9 per share by Q4; trading around $10.9 per share in mid-September. 25

View entire presentation