27 Royal Gold, Inc. 2022 Environmental, Social and Governance Report About Royal Gold Governance ESG Stewardship Our People Our Operators and Communities Appendices ESG governance The role of our Board in ESG At the Board level, responsibility for ESG oversight is assigned to the CNG Committee, which includes three members who self- assess as having ESG expertise. All members are independent under Nasdaq and SEC rules, including enhanced independence rules applicable to audit and compensation committee members. An effective Board consists of individuals with diverse qualifications and experience that align with our business strategy. Each Director contributes a distinct perspective to promote the best interests of Royal Gold and our stakeholders. Our CNG Committee has identified substantive areas of expertise that the Board as a whole should represent. This matrix summarizes the knowledge, skills and experiences related to ESG as held by our Directors and which our Board believes are relevant to our business. B OAR D SK ILL S AND DIVER SIT Y MATR IX Knowledge, Skills, and Experience Chubbs Hayes Heissenbuttel McArthur Sokalsky Vance Veenman Audit Committee Financial Expert • • • • Biodiversity Board Service at Other Public Companies • • • • • Business Development • • • • • CEO or CFO Experience • • • • • Climate Change Corporate Governance and Ethics • • • • • • Cybersecurity Environmental Matters • • Executive Compensation • • • • • • Finance • • • • • • Geology • Health and Safety • • Human Capital Management • • • • • Indigenous Relations Industry Association Participation • • • International Business • • • • • • • B OAR D SK ILL S AND DIVER SIT Y MATR IX (CONTINUED) Knowledge, Skills, and Experience Chubbs Hayes Heissenbuttel McArthur Sokalsky Vance Veenman Labor Relations Leadership • • • • • • • Legal and Regulatory • • Marketing • • • M&A • • • • • • • Mining Industry • • • • • • • Mining Operations • • Permitting • • Public Policy Reputation in Industry • • • • • • • Risk Management • • • • • • • Stakeholder Engagement • • • • • • • Strategic Planning • • • • • • • Sustainability and ESG • • • Tailings Water • Board Tenure Years 2 15 3 9 7 10 6 Some Experience • Extensive Experience