Royal Gold, Inc. 2021 ESG Report 64 over three years as part of the successful “Picture This” capital raising effort to purchase new diagnostic imaging equipment, including x-ray room upgrades, a new elevating table, a CT scanner and digital mammography equipment for the La Verendrye hospital. The second of our initiatives is support of the Mikinaak Center for Wellness. The Mikinaak Center for Wellness, located in Northwestern Ontario, works to advance education and promote gender diversity while providing a safe and supportive place for indigenous women and marginalized peoples to be accepted. Services include mental health counseling, providing workshops on substance abuse, traditional healing and wellness and recreation programs. In 2021, Royal Gold contributed C$ 30,000 to the Auntie Bear Nanodogikendan and Q’s and A’s program bundle to cover the cost of equipment and supplies needed to support the center’s programs. NX Gold, Brazil In mid-2021 Royal Gold entered into a stream agreement with Ero Copper Corporation (“Ero Copper”) for gold produced from the NX Gold mine in Brazil. As part of the transaction, we agreed to fund $5 per ounce of gold delivered towards Ero Copper’s ESG commitments within the area of influence of the NX Gold mine. Since the NX Gold investment is relatively new, the allocation of proceeds contributed by Royal Gold to NX Gold’s local community programs has not yet been identified. However, we note that NX Gold is active with a number of organizations in the town of Nova Xavantina and, in particular, the Project Hope and Association of Parents and Friends of the Exceptional. Project Hope targets vulnerable youth in the community, offering courses in financial literacy and job training. The Association of Parents and Friends of the Exceptional cares for children of adults with special needs in the community.

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