Royal Gold, Inc. 2021 ESG Report 10 Category Important ESG Topics Direct Indirect Environmental Transition to a low carbon economy 1 Climate Change (Scope 2 and 3) 2 Climate Change (portfolio) 1 Operator Risk associated with tailings, energy, water, biodiversity, climate change Social Talent 1 Health and Safety 2 Employee Development and Retention 3 Stakeholder Communication and Relations 4 Diversity and Inclusion 1 Operator risk associated with health and safety, human rights, labor rights and community relations Governance Product design/ lifecycle of a deal Governance Business integrity 1 Ethics, Integrity and Compliance 2 Risk Management (investment process and asset stewardship) 3 Corporate Governance 4 Cybersecurity Importance to Royal Gold 1 2 3 4 1 2 3 4 1 1 1 2 Importance to Royal Gold Stakeholders Priority ESG Topics Larger shape size denotes higher level of influence