66 Royal Gold, Inc. 2022 Environmental, Social and Governance Report About Royal Gold Governance ESG Stewardship Our People Our Operators and Communities Appendices Health and safety The health and safety of our employees does not relate solely to workplace safety or travel precautions, but include the whole of our employees’ Royal Gold experience, from work environment to work–life balance. While Royal Gold is office-based, many of our employees also travel to remote parts of the world. Our policies require compliance with legal and health and safety requirements in all locations, including compliance with the health and safety procedures instituted by our Operators while visiting a site. We conduct regular safety training for our offices, including responses to threats such as fire, extreme weather and office intrusions, and have engaged outside resources to provide medical and emergency response and evacuation assistance for our employees when traveling overseas. Turnover and talent retention The continued growth and success of our business depends on the wellbeing of our people, and Royal Gold believes that our approach to fostering personal and career development opportunities, along with a strong record of internal promotion, has led to our very low voluntary turnover rate. As of December 31, 2022, Royal Gold had a small team with a total of 31 employees. The value generated per employee indicates a highly efficient business model and highlights the importance of employee retention. Royal Gold has a strong record of employee retention and, excluding the retirement of long-serving employees, the average voluntary employee turnover rate has remained low. 2022 employee statistics 0 recordable health and safety incidents from 2019–2022 1 employee turnover 2019: 1, 2020: 3, 2021: 1 31 number of employees 1 2019: 25, 2020: 29, 2021: 29 0 retirements of long- serving employees 2019: 0, 2020: 2, 2021: 1 3.4% annualized employee turnover rate 2 2019: 0 % , 2020: 7%, 2021: 3% 1 Headcount at December 31, 2022 2 Calculated based on employee headcount at January 1, 2022 Royal Gold Board Site Visit, Khoemac a u , Ngamiland, Botswana