69 Royal Gold, Inc. 2022 Environmental, Social and Governance Report About Royal Gold Governance ESG Stewardship Our People Our Operators and Communities Appendices Mining community contribution highlights Royal Gold’s Mining Community Contribution Program looks to support programs in the communities where we hold stream or royalty interests that promote sustainable development on a global scale. Royal Gold endeavors to support programs that aim to achieve impactful, measurable and sustainable outcomes that align with one or more of the SDGs. Khoemac a u Copper Mine, Botswana, Africa A site visit in 2019 to review project progress led to discussions with the CEO of the Khoemac a u copper mine, Johan Ferreira, about the project’s ESG programs. After gaining a deeper understanding of the community’s lack of medical facilities and equipment, Royal Gold committed to financially supporting the completion of the construction of the Toteng Medical Clinic, which had been stalled by the COVID-19 pandemic; this facility would support the mine’s surrounding communities. Given our strong partnership with Denver-based Project C.U.R.E., the world’s largest distributor of donated medical supplies, equipment and services to doctors and nurses, we suggested that some of the clinic’s medical equipment could be secured through Project C.U.R.E. After funding Project C.U.R.E.’s “needs assessment” site visit to Botswana in early 2022, Project C.U.R.E. determined that the facility would need to be able to serve as the main clinic for the communities of nearby villages, in addition to the mine workers. After many meetings with the Government of Botswana, Khoemac a u and Project C.U.R.E. are getting closer to a final import approval to bring medical supplies and equipment into the country, but approval remains uncertain. The provision of supplies and equipment is crucial not only to helping increase the availability of services to almost 95% of the hospitals on their receiving end: in some circumstances, this provision will allow wages to be paid to staff rather than be redirected to purchasing supplies and equipment. We worked with the Khoemac a u team to identify areas in need and successfully contributed $200,000 to complete the construction at the Toteng Medical Clinic, including the water tanks, pumping and cooling systems and mechanical equipment required by a medical clinic. We continue to work with Project C.U.R.E. to obtain approval to ship used medical equipment to support the Toteng clinic. SDG contribution: Social investment funding contributes to the health and well-being of Khoemac a u’s workforce and surrounding communities. It also conveys sustainable development efforts by the project to the Ministry of Health and the Ministry of Foreign Affairs while responding to growing expectations by stakeholders that the needs of the local communities be met. Our partnerships with Project C.U.R.E. and the Khoemac a u management team, along with our economic contribution, have helped advance the construction of a health clinic that will improve the community’s access to health services; in this way, it contributes to SDG 3, Good Health and Well-Being. SDG CONTRIBUTION: “ Royal Gold’s support spans across the technical and the critical but also softer ESG issues. As an advisory member on our ESG Board subcommittee, I know its members cannot make any operational decisions. Still, Royal Gold is a valuable contributor in the whole ESG conversation, about where specific initiatives are required, or improvements can be made. A true supporter, Royal Gold will even give the team a pat on the back for a job well done. ” Johan Ferreira, Chief Executive Officer, Khoemac a u Copper Mining and Cupric Group
2022 ESG Report Page 68 Page 70