19 Overview Principal  Producing  Development    Highlighted Evaluation  Evaluation/Exploration  Mineral Resources and Reserves 2015 Producing Development Evaluation Argentina/Chile PASCUA-LAMA OPER ATOR Barrick Gold Corp. ACQUISITION COST $8 million TERM Life of mine 0.22% sliding-scale NSR royalty Ghana WASSA + BOGOSO AND PRESTEA OPER ATOR Chifeng Jilong Gold Mining Co., Ltd./Future Global Resources Ltd. 3 ACQUISITION COST $145 million TERM Life of mine 10.5% of payable gold from Wassa and 5.5% of payable gold from Bogoso and Prestea 4 Dominican Republic PUEBLO VIEJO OPER ATOR Barrick Gold Corp. ACQUISITION COST $610 million TERM Life of mine 7.5% of payable gold and 75% of payable silver 7 United States CORTEZ (GOLDRUSH) OPER ATOR Nevada Gold Mines LLC ACQUISITION COST $8 million TERM Life of mine 1.0% NVR on the southern end of the Goldrush deposit NEW NEW ADDITIONAL ADDITIONAL The descriptions provided in this timeline are simplified and show Royal Gold’s current interests, the current operators and current property names. 4 On October 1, 2020, Royal Gold announced the separation of the Wassa and Bogoso and Prestea stream agreement into separate stream agreements at which time, the stream rate for Bogoso and Prestea was changed to 5.5% (from 10.5%). The stream rate for Wassa remains unchanged at 10.5% until 240,000 ounces have been delivered, 5.5% thereafter. 5 The stream rate for Rainy River is 6.5% of gold produced until 230,000 ounces have been delivered, 3.25% thereafter; and 60% of silver produced until 3,100,000 ounces have been delivered, 30% thereafter. 6 The stream rate for Andacollo is 100% payable gold until 900,000 ounces have been delivered, 50% thereafter. 7 The stream rate for Pueblo Viejo is 7.5% payable gold until 990,000 ounces have been delivered, 3.75% thereafter; and 75% payable silver until 50 million ounces have been delivered, 37.5% thereafter.