Royal Gold, Inc. 2021 ESG Report 62 Support of Our Operators We recognize that we have an opportunity and endeavor to support our Operators in their ESG initiatives. This section provides case studies of our current efforts, and we endeavor to increase and expand our efforts in this area in the years to come. Progress will be reported in subsequent iterations of our annual ESG Report. Golden Star Oil Palm Plantation, Ghana In 2021 Royal Gold subsidiary RGLD Gold AG entered into a five-year and total $750,000 contribution agreement with the multi award-winning Golden Star Oil Palm Plantations (GSOPP). GSOPP is a subsidiary of Golden Star Resources (GSR), which operates the Wassa mine, one of our Principal Properties, and represents the flagship sustainability initiative of GSR. In early 2022 GSR was acquired by Chifeng Jilong Gold. In broad summary, the GSOPP program partners with traditional Ghanaian community authorities and farmers in the area around the Wassa underground mine to develop oil palm plantations without deforestation, and currently provides income for over 700 farmers and part-time contractors. Our contribution is used to expand the organization’s operations around Wassa and thereby promote sustainable agribusiness. The GSOPP program was the winner of the 2018 Prospectors and Developers Association of Canada (PDAC) Environmental and Social Responsibility Award as well as the 2021 Mines and Money ESG Producer of the Year. Royal Gold’s commitment to contribute $150,000 per year for five years is providing direct financial support for the activities of GSOPP. The Royal Gold funds are being utilized to accelerate plantation development, and in 2021 alone funded the development of 93 hectares of plantation, directly employing 46 people (26% female and 33% youth) and indirectly supporting approximately 200 others. GSOPP has a goal of zero deforestation in the creation of this high-value agribusiness. To accomplish this, GSOPP develops plantations on former subsistence farms and land that has previously been used for mining activities, especially decommissioned tailings facilities. Since inception of the program in 2006 a total of over 1,700 hectares of land have been converted to sustainable oil palm plantations. Traditional owners have committed thousands of hectares of land for future development. With 2021 revenues of $1.125 million, including Royal Gold’s contribution, and expenditures of $927,000, this resulted in almost $200,000 of income that can be recycled back into the program. To establish itself as a leader in the oil palm industry, in 2022 GSOPP set out to become Ghana’s first smallholder plantation to achieve the peak international standard for oil palm sustainability, through Roundtable for Sustainable Palm Oil (RSPO) accreditation. Notably, if successful GSOPP will be the only the second smallholder plantation in Africa to achieve this industry leading practice standards. United Nations Sustainable Development Goal (SDG) 17 – Partnerships for the Goals, recognises that the SDGs can only be realized with strong global partnerships and cooperation. Royal Gold strongly believes in the importance of sustainability in the mining industry and is pleased to support GSOPP, itself an example of cooperation, in the creation of sustainable alternative