64 ROYAL GOLD 2023 Asset Handbook Royal Gold’s Royalty Interest Royal Gold owns a 0.9% net smelter return (NSR) royalty on all metals produced from the SJ Claims, which cover part of the Betze-Post pit. Royal Gold acquired the Goldstrike royalty in December 2002, through the acquisition of High Desert Mineral Resources. Goldstrike Goldstrike is an open-pit and underground operation, owned and operated by Nevada Gold Mines LLC, a joint venture between Barrick Gold Corporation (“Barrick”) (61.5%) and Newmont Corporation (38.5%). Goldstrike is located within the northern Carlin Trend in Eureka and Elko Counties, Nevada, approximately 50 kilometers northwest of the town of Elko. The Carlin Trend is an alignment of gold mines located in a northwest-southeast belt extending 8 kilometers wide and 65 kilometers long, which accounts for more gold production than any other mining district in the United States. Operational Overview The Goldstrike complex includes the large-scale Betze-Post open-pit mine and the Meikle and Rodeo underground mines. The Goldstrike complex has two separate processing facilities including a roaster and an autoclave, each capable of treating single or double refractory ore, with recovered gold produced in the form of doré. 1 Provided for NGM’s Carlin Complex and not Goldstrike specifically. OPER ATOR Nevada Gold Mines LLC MINER ALIZATION ST YLE Carlin-Type Sediment- Hosted Au MINE T YPE Open-pit & Underground METAL(S) A u PRODUCT Doré ROYALT Y 0.9% NSR Royalty (all metals) YEAR OF ACQUISITION 2002 TERM OF ROYALT Y Life of Mine MINE LIFE N/A 1 UNITED STATES 2024 OPER ATOR GUIDANCE Detail not publicly disclosed by operator. 1 LONGER-TERM OPER ATOR OUTLOOK Detail not publicly disclosed by operator. 1 Idaho Oregon California Utah Arizona GOLDSTRIKE Nevada ROYALT Y