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CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in this Annual Report on Form 40-F for the year ended December 31, 2024 of Sandstorm Gold Ltd. of our report dated February 18, 2025, relating to the consolidated financial statements and the effectiveness of internal control over financial reporting, which appears in .2 incorporated by reference in this Annual Report on Form 40-F.

We also consent to the incorporation by reference in the Registration Statement on Form F-10 (No. 333-283100) of Sandstorm Gold Ltd. of our report dated February 18, 2025 referred to above. We also consent to reference to us under the heading “Interests of Experts,” in the Annual Information Form filed as to this Annual Report on Form 40-F, which is incorporated by reference in such Registration Statement.

Date: March 31, 2025			/s/PricewaterhouseCoopers LLP
			Chartered Professional Accountants
			Vancouver, Canada