U.S. Global Investors, Inc.

Good morning, everyone, and thank you for joining us today for our webcast announcing U.S. Global Investors results for the third quarter of 2021. I'm Holly Schoenfeldt. At the end of today's webcast, we will be addressing questions that were sent in prior to today's call. If you have any additional questions during the webcast, please send those to info at usfunds.com after the presentation, and we will get back to you as soon as possible. Now, as seen on slide number two, The presenters for today's program are Frank Holmes, U.S. Global Investors, CEO and Chief Investment Officer, Lisa Callicotte, Chief Financial Officer, and myself, Holly Schoenfeldt, Marketing and Public Relations Manager. On to slide number three. As always, we would love to offer anyone tuned in today one of our Jets, GoAU, or Hive hats. All you have to do is send us an email with your mailing address, and we are more than happy to get one over to you. On slide number four, during this webcast, we may make forward-looking statements about our relative business outlook. Any forward-looking statements and all other statements made during this webcast that don't pertain to historical facts are subject to risks and uncertainties that may materially affect actual results. Please refer to our press release in corresponding Form 10-Q filing for more detail on factors that could cause actual results to differ materially from any described today in forward-looking statements. Any such statements are made as of today, and U.S. Global Investors accept no obligation to update them in the future. Now on slide number five, you'll see a quick overview of U.S. Global. We are an innovative investment manager with vast experience in global markets and specialized sectors. Founded as an investment club, the company became a registered investment advisor in 1968 and has a longstanding history of global investing and launching first-of-their-kind investment products, including the first no-load gold fund. U.S. Global is well known for expertise in gold and precious metals, natural resources, Airlines and Emerging Markets. Now on slide number six, I would like to hand it over to Frank Holmes, CEO and CIO for an overview of the period and what is driving the stock.

Frank. Thank you, Holly. And thank you all the shareholders and new and old loyal shareholders for being with us for the ups and downs. And it's been even the past year has been an amazing roller coaster. But what seems to be nice and consistent has been growth in assets and the crypto space and I think in that introduction, Holly, we forgot to say that we couldn't launch a blockchain crypto ETF, but we were able to launch Hive. And that has been an important part of our overall success. In addition to the airline recovery, the vaccine rollout, we've benefited dramatically from the anticipation of the vaccine. And then the vaccine rollout has led to spectacular growth in jets. And hopefully in this presentation, we're going to walk you through that. We don't believe it's over. We believe that Canada is just coming out of the thaw. Europe is still not thawed yet, but they're doing everything to get to the level where America is, and I think we're going to get more growth in the airline industry around the world. And that has all helped driving surging assets under management. Next, please. So our top institutional shareholders, Parrot Capital Management is at 5.52, Diametric Capital at 5.3, Heartland Advisors, Bill Naskiewicz and team at 4.81, the Royce Funds, who have been really with us up and down through the whole period. At one time, owning 15% when we were predominantly had the motion of being known for gold. And it's interesting to see how we've evolved with that. But thank you for being such loyal shareholders and Vanguard, which is basically an indexed product that they have. The five names own about 20% of the company. Next, please. Myself, I own about 16% of the company through Class A and C, and I own 100% of the C, which is voting stock. And when you add that, convert that to the A, overall 16% of the company.

Next, please.