Royal Gold, Inc. 2021 ESG Report 46 Methodology Scope 1 Emissions: direct greenhouse (GHG) emissions that occur from sources that are controlled or owned by an organization (e.g., emissions associated with fuel combustion in boilers, furnaces, vehicles) Scope 2 Emissions: indirect GHG emissions associated with the purchase of electricity, steam, heat, or cooling. Although Scope 2 emissions physically occur at the facility where they are generated, they are accounted for in an organization’s GHG inventory because they are a result of the organization’s energy use. Emission Unit of Measure: metric ton of carbon dioxide equivalent (tCO 2 (eq)) No Data: 3-4% of our revenue comes from properties without GHG emissions estimates. To provide a complete estimate for our portfolio, we have assumed that this portfolio segment performs on average with the segment for which data is available. Scope 2 59,000 Scope 1 150,000 209,000 Scope 2 67,000 Scope 1 163,000 230,000 Scope 2 57,000 Scope 1 156,000 213,000 Emissions tCO 2 (eq) 2018 2019 2020 Scope 1 Operator Emissions Principal Properties 1 108,000 125,000 117,000 Other Properties 37,000 33,000 34,000 Properties Without Data - Allocation 5,000 5,000 5,000 Subtotal 150,000 163,000 156,000 Scope 2 Operator Emissions Principal Properties 40,000 50,000 39,000 Non-principal Properties 17,000 15,000 16,000 Properties Without Data - Allocation 2,000 2,000 2,000 Subtotal 59,000 67,000 57,000 Scope 1 + Scope 2 Emissions 209,000 230,000 213,000 1 Principal Properties is a subset of our revenue generating properties that typically make up greater than 70% of our revenue Royal Gold Streaming and Royalty Interests GHG Emission Estimates in tCO 2 (eq)