Royal Gold, Inc. 2021 ESG Report 7 1. Andacollo Region IV, Chile 2. Cortez Nevada, USA 3. Mount Milligan British Columbia, Canada 4. Peñasquito Zacatecas, Mexico 5. Pueblo Viejo Sanchez Ramirez, Dominican Republic 6. Wassa Western Region, Ghana 7. Khoemacau Botswana ● Producing Properties When developing new business, we take a thorough and disciplined approach to due diligence and seek Operators who share our commitment to leading ESG practices. When managing our portfolio, we regularly monitor ESG performance using public and non-public information. We engage with Operators, including through site visits, on at least an annual basis for our Principal Properties, and more frequently when actual or potential issues are identified. Our Principal Properties consist of seven existing interests which in 2021 constituted approximately 76% of our annual revenue. Royal Gold strives to be a trusted steward of shareholder capital, and a valued source of finance to Operators by maintaining the highest standards of business ethics and personal integrity in all our interactions. Where We Are As of December 31, 2021, Royal Gold owns stream and royalty interests covering 190 producing, development, evaluation and exploration-stage properties located in some of the world’s most prolific mining regions and operated by some of the most well-known companies in the mining industry. Royal Gold’s revenue is sourced from a geographically and operationally diverse portfolio, underpinned by primary precious metals mines. The locations of our seven Principal Properties, as well as our corporate offices, are shown in the figure below. Additionally, the total number of producing, development, evaluation and exploration-stage stream and royalty interests is provided. 1 2 4 5 6 7 190 Total Properties 44 Producing 17 Development 50 Evaluation 79 Exploration 3