Royal Gold, Inc. 2021 ESG Report 16 Our Vision Mission and Core Values Royal Gold’s vision is to be the gold standard in everything we do. We strive to achieve this vision by operating in alignment to a set of Core Values that are shared throughout the company. Our Vision, Mission and Core Values, as discussed above in the Q&A with the CEO, are graphically represented in the figure below. Vision To be the Gold Standard as an employer, a financing partner, an investment and a community member Core Values Responsibility We must ensure a safe, respectful, and inclusive work environment, support our local communities, seek to support the sustainability efforts of our operators, and to care for and deploy our shareholder’s capital to maximize value Partnership We strive to develop and nurture long term relationships with all stakeholders Integrity We exemplify honesty, transparency, and accountability in everything we do Mission To shape the future of mine finance through creativity, collaboration and a commitment to mutually beneficial outcomes for all stakeholders