24 Royal Gold, Inc. 2022 Environmental, Social and Governance Report About Royal Gold Governance ESG Stewardship Our People Our Operators and Communities Appendices Governance The sustainability of our business depends to a significant measure on strong corporate governance and our ability to identify and manage ESG risks inherent in our corporate operations and portfolio interests. Rigorous oversight by our Board and its committees, and effective execution by our talented workforce, will allow us to advance our business and achieve our ESG goals. We believe that successful mining projects can help create sustainable benefits for all stakeholders, including shareholders, project labor and local communities. In line with our ESG Policy, our aim is to promote responsible and sustainable mineral development across our portfolio. ” Allison Forrest , VP Investment Stewardship

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