121 Royal Gold, Inc. 2022 Environmental, Social and Governance Report About Royal Gold Governance ESG Stewardship Our People Our Operators and Communities Appendices Physical risks summary The physical climate-related stressors and associated risks defined through our climate scenario analysis process for the ten jurisdictions evaluated are summarized in the table and figure below. Physical climate risks are most prominently associated with the Current Policies climate scenario. We make assumptions regarding how these risks may manifest themselves in the defined jurisdictions and how they may impact the operations of our revenue-generating properties. Given the granularity of available data used to assess changes in climate parameters and associated operational impacts, the use of those data requires a high degree of site-specific knowledge, which we do not possess; therefore, our assessments are based on the jurisdictions and should be considered high level. Our observations represent our long-term time horizon (i.e., 10+ years), and we have chosen 2035 as our measurement point for forecast impacts. Climate stressors Temperature Precipitation Extreme storms Physical risks Heat stress Wildfire risk Flooding from extreme storms Jurisdiction Percentage of 2021 net revenue Increase Increase No change Decrease Increase in intensity and/ or frequency Water Stress Variability Drought Principal Properties jurisdictions Central British Columbia Canada 24.7% X X X X Sánchez Ramírez Province Dominican Republic 13.8% X X X X X X X Coquimbo Region Chile 10.6% X X X X X X Northern Nevada U.S. 10.1% X X X X X X X State of Zacatecas Mexico 9.5% X X X X X X X Ngamiland Region Botswana 0.7% X X X X X X X 69.4% Other important jurisdictions Northwest Ontario Canada 5.0% X X X X Western Australia Australia 3.5% X X X X X X X Mato Grosso State Brazil 1.1% X X X X X X Western Region Ghana 4.6% X X X X X 14.2% Total 83.6%