Royal Gold, Inc. 2021 ESG Report 40 Asset Reporting Information from all sources is aggregated and provided to our senior management and Board of Directors through a monthly reporting process that provides asset-specific comments on our Principal Properties, through quarterly Board presentations that more broadly report on the performance of our stream and royalty interests, and through our Enterprise Risk Management reviews. This system of asset performance reporting ensures that ESG events of significant concern are identified in a timely fashion for management action, as may be required, and communicated to the Board of Directors for feedback. The Asset Assurance Committee completes active monitoring and auditing of our stream and royalty interests and takes action to protect our interests as required. Our Asset Assurance Committee is staffed by selected members of executive and senior management. Separately, our Enterprise Risk Management Committee is staffed by executive management and also actively monitors external and internal risk issues, assessing Board risk appetite in key areas including metal prices, growth potential, financial condition, portfolio health, human resources, legal compliance and ESG sustainability. The frequency of Royal Gold asset monitoring and reporting activities is shown in the table below. A graphical representation of the asset monitoring inputs to management, and subsequent flow to our CNG Committee and Board is shown in the figure following the table. Daily Monthly Quarterly Annual Senior Management Monitoring Material Events ● Operator Site Data Review ● Asset Assurance Committee ● ● ERM Updates ● Site Visits ● ESG Report Reviews ● Board Reporting Reports ● Asset Performance Presentation ● ERM Updates ●