Royal Gold, Inc. 2021 ESG Report 39 Asset Monitoring We actively monitor our stream and royalty interests to understand their economic, operational health, and their “Social License to Operate.” Our stream agreements typically have extensive information rights while our royalty agreements typically do not provide us with a contractual right to detailed information. In these instances, we rely on public information and a positive working relationship with the Operators to obtain our monitoring data. Where we have the right to do so we often perform site visits to interface with Operator management teams. These site visits have been disrupted by COVID-19 travel restrictions but the situation is improving. In addition to the above, we further rely on third-party information sources that: • Aggregate and vet site-specific data with respect to energy, GHG emissions and water usage along with associated usage intensity; • Collect negative ESG news events and rank ESG risk on an asset, company and country basis; • Systematically collect news articles relating to our Operators; and • Collect digital satellite images of our Principal Properties on a request basis. A graphical representation of our Stewardship initiatives and our third-party information providers is shown in the figure below. Principal Properties Monthly Site Reports Annual Site Visits Issues Discussions with Management ESG Reports & Data Asset Owner Public Disclosure External Data Sources Energy and GHG Emissions and Intensities Water Consumption and Intensities Remote Visual Tracking High Resolution Satellite Monitoring to understand development and disturbance Daily News Flow Systematic collection of news flow from our complete portfolio of assets ESG Event Tracking Tracking of asset and parent company monitoring for negative ESG events and overall ESG Risk Asset Monitoring Information Sources