99 Overview Principal Producing Development  Highlighted Evaluation Evaluation/Exploration  Mineral Resources and Reserves For more information, please visit: www.red5limited.com . DEVELOPMENTS AND POTENTIAL Large sections of the KOTH orebody remain relatively undrilled. There is potential to extend existing resources within the Regal and Eastern Flanks to further extend the mine life. Additionally, satellite deposits have an opportunity to contribute over the life of mine, including Rainbow, Cerebus-Eclipse and Centauri, which currently have ore reserves. 3 MINER AL RESOURCES AND RESERVES As of June 30, 2023 CONTAINED Au (koz) AGEOs* (koz) Proven and Probable 2,463 37 Measured and Indicated 1,277 19 Inferred 723 11 * 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 $12.8 Historic Revenue to Royal Gold US$M 2022: $0.9 2023: $4.2 Acquisition Cost US$M $0.0 4 Investment Recovered % N/A Net Book Value US$M $0.0