82 Royal Gold, Inc. 2022 Environmental, Social and Governance Report About Royal Gold Governance ESG Stewardship Our People Our Operators and Communities Appendices Asset/Operator Year 1 Royal Gold net revenue 2 (%) Royal Gold attributable 4,6 (GEO) Ore processed 5 (kt) Reported production 5,6 (GEO) RGLD % of site GEO production 7 (%) 2020 0.0% – – – 0.0% 2021 1.1% 3,482 172 38,091 9.1% Other Interests 2018 0.3% 465 NR NR 0.0% 2019 0.2% 498 NR NR 0.0% 2020 0.1% 269 NR NR 0.0% 2021 0.2% 540 NR NR 0.0% Total 2018 100% 260,092 2019 100% 267,334 2020 100% 263,527 2021 100% 283,169 1 The Company changed its fiscal year end from June 30 to December 31, effective as of December 31, 2021. Accordingly, certain amounts in this table have been adjusted to reflect unaudited calendar year information. 2 Net Revenue is calculated by subtracting the contractual commodity Cash Price from the gross stream revenue we receive (see Glossary for complete definition). 3 Royal Gold’s interest is either a portion of the asset production or a portion of production from an operating complex. 4 Gold equivalent ounces (“GEO”) production is estimated by multiplying the number of net metal or commodity units of which we take delivery, multiplied by the following standard set of commodity prices and divided by the stated gold price, with the same metal prices used for each year for comparative purposes: $1,758/oz Au; $20.54/oz Ag; $6,185.82/t Cu; $1,826.14/lb Pb; $2,268.85/t Zn; $13,672/t Ni; $25,992/t Mo; $31,161/t Co, (see Glossary for complete definition). 5 Site production figures were compiled by Skarn Associates, and we have relied on their database for gold and copper mining operations. 6 GEO production is estimated based using the following metal prices for each year using production units identified by Skarn Associates: $1,758/oz Au; $20.54/oz Ag; $6,185.82/t Cu; $1,826.14/lb Pb; $2,268.85/t Zn; $13,672/t Ni; $25,992/t Mo; $31,161/t Co. 7 Royal Gold’s percentage of site production is determined by dividing the Gold Equivalent Ounces we receive based on the methodology defined in footnote (3) by the Site Reported Production in Gold Equivalent Ounces, defined in footnote (5). 8 Beginning January 1, 2023 Wassa is no longer considered a Principal Property. 9 Stream interest was acquired in 2021. 10 Production was initiated in 2021.
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