83 Overview Principal Producing Development  Highlighted Evaluation Evaluation/Exploration  Mineral Resources and Reserves For more information, please visit: www.panamericansilver.com . MINER AL RESOURCES AND RESERVES As of June 30, 2023 CONTAINED Au (koz) Ag (koz) AGEOs* (koz) Proven and Probable 131 4,400 5 Measured and Indicated 86 5,500 4 Inferred 50 1,700 2 * AGEOs do not consider adjustments that may impact the economic viability of the AGEO interest. See page 9 for a description of AGEO calculation methodology. FINANCIAL AND OPER ATING RESULTS As of December 31, 2023 Revenue to Royal Gold Since Inception US$M $88.5 Historic Revenue to Royal Gold US$M 2022: $9.2 2023: $8.0 Acquisition Cost US$M $55.8 Investment Recovered % 159% Net Book Value US$M $2.5