5 Royal Gold, Inc. 2022 Environmental, Social and Governance Report About Royal Gold Governance ESG Stewardship Our People Our Operators and Communities Appendices 2022 highlights $1.1M contributed to support organizations in our office and mining Operator communities 100% direct corporate Scope 2 and 3 emissions offset, achieving carbon neutrality for three consecutive years, from 2020 to 2022 1 1 In this report, we segment Scope 3 emissions into those arising from our direct corporate activities (which we refer to as our direct Scope 3 emissions) and those of our portfolio Operators (which we refer to as our Scope 3 Investment Emissions). We have done this because, as a passive investor, we do not have direct influence or control over the Operator’s emissions, but do manage and assert more control over our own direct footprint. Our direct Scope 3 emissions are largely those associated with business travel, employee commuting, and office operations. 98% of Scope 3 Investment (Operator Scope 1 and Scope 2) Emissions were successfully tracked and reported 1 3.4% annualized employee turnover rate 4 years of stable Operator Scope 1 and Scope 2 emissions, with a declining trend in GHG emission intensity over that period (from 2019 to 2022) 20% of our senior management identify as female, an increase due to hiring our first Vice President, Investment Stewardship, which also increased our technical and professional ESG expertise 1st year reporting against the TCFD framework, with the completion of a climate scenario analysis and a compilation of climate-related risks and opportunities associated with stream and royalty interests that make up more than 80% of our revenue