13 Overview Principal Producing Development  Highlighted Evaluation  Evaluation/Exploration  Mineral Resources and Reserves Nevada is one of the most prolific gold-mining regions in the world and hosts a number of major gold trends, including Carlin, Battle Mountain-Eureka, NNVR and Getchell. 1 Source: Barrick Gold NEVADA BY THE NUMBERS: • Three Tier 1 gold assets (Goldstrike-Carlin, Turquoise Ridge-Twin Creeks and Cortez). 1 • Ranked number one according to the Fraser Institute’s Investment Attractiveness Index (in 2022). • Home to Nevada Gold Mines, a joint venture between Barrick and Newmont, two of the world’s largest gold producers, operating the single-largest gold- producing complex in the world. ROYAL GOLD IN NEVADA BY THE NUMBERS: • Royal Gold has royalty interests on nine producing, three development, three evaluation and 14 exploration properties in the Nevada area. • Royal Gold’s largest revenue contributor in Nevada and key growth driver for the company is Cortez, which accounted for approximately 16% of revenue in 2023. • Excluding Cortez, Royal Gold’s other producing properties in Nevada contributed 4% of revenue in 2023. California Nevada Utah Idaho Oregon Gold Hill Ruby Hill Bald Mountain Cortez Marigold Twin Creeks NNVR Goldstrike Leeville Robinson Carlin Battle Mountain-Eureka Getchell I-80 1 10 11 12 13 17 18 19 14 15 2 3 4 5 6 7 8 9 16 20 21 22 23 24 25 26 27 28 29 30 Nevada ( United States ): 20% of Total 2023 Revenue Nevada Gold Trends Evaluation Exploration NNVR = Northern Nevada Rift Development Producing 1 Twin Creeks 2 Goldstrike 3 Leeville 4 Marigold 5 Cortez 6 Bald Mountain 7 Ruby Hill 8 Robinson 9 Gold Hill 10 Granite Creek 11 Relief Canyon 12 Hasbrouck Mountain 13 Doby George 14 Island Mountain 15 Wildcat 16 Long Valley (located in California) 1 7 Wood Gulch 18 Hot Pot 19 Simon Creek 20 Rye 21 Trenton Canyon 22 Paiute 23 Mule Canyon 24 BSC 25 Nevada Properties 26 Horse Mountain 27 Buckhorn South 28 Windfall 29 FAD 30 Pinson – Other