60 Royal Gold, Inc. 2022 Environmental, Social and Governance Report About Royal Gold Governance ESG Stewardship Our People Our Operators and Communities Appendices Mine Country Water Stress Interannual Variability Drought Risk 1 Mount Milligan Canada Low Medium–High Low 2 Cortez U.S. High High Low–Medium 3 Peñasquito Mexico High Medium–High Medium 4 Pueblo Viejo Dominican Republic Low–Medium Medium–High Medium–High 5 Andacollo Chile Extremely High Extremely High Medium 6 Khoemac a u Botswana High Extremely High Low–Medium Low Low–Medium Medium–High High Extremely High Not Rated Legend: Low (<10%) Low–Medium, Medium (10–20%) Producing Property Medium–High (20–40%) High (40–80%) Extremely High (>80%) Pueblo Viejo Peñasquito Andacollo POR TFOLIO BA SELINE WATER S TRESS AQUEDUC T ™ 1, 2 37% 19% 28% 13% 3% Medium–High, 0% Low Low-Medium Medium-High High Extremely High Not Rated 1 2 3 4 5 6 Cortez Mount Milligan Aqueduct™ Indicators provide estimates of the stated indicators of water risk with a resolution of approximately 10 km x 10 km. Baseline Water Stress measures the ratio of total water withdrawals to available renewable surface and groundwater supplies. Water withdrawals include domestic, industrial, irrigation and livestock consumptive and nonconsumptive uses. Available renewable water supplies include the impact of upstream consumptive water users and large dams on downstream water availability. Higher values indicate more competition among users. Interannual Variability measures the average between year variability of available water supply, including both renewable surface and groundwater supplies. Higher values indicate wider variations in available supply from year to year. Drought Risk measures where droughts are likely to occur, the population and assets exposed, and the vulnerability of the population and assets to adverse effects. Higher values indicate higher risk of drought. 1 Graphic is based on net revenue. 2 Hofste, R., S. Kuzma, S. Walker, E.H. Sutanudjaja.et. al. 2019. “Aqueduct 3.0: Updated Decision – Relevant Global Water Risk Indicators.” Technical Note. Washington, DC: World Resources Institute. Available online at: https://wri.org/publication/aqueduct-30 . Khoemac a u