91 Overview Principal Producing Development  Highlighted Evaluation Evaluation/Exploration  Mineral Resources and Reserves For more information, please visit: www.cfgold.com/en . DEVELOPMENTS AND POTENTIAL Chifeng continues to advance studies on the Southern Extension of the Wassa orebody. A Preliminary Economic Assessment on the Southern Extension, released by Golden Star Resources Ltd. (“Golden Star”) in 2021, indicated an 11-year mine life with average gold production of 294,000 ounces for total gold production of 3.5 million ounces. MINER AL RESOURCES AND RESERVES As of December 31, 2022 CONTAINED Au (koz) AGEOs* (koz) Proven and Probable 920 72 Measured and Indicated 2,184 84 Inferred 7,483 288 * 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 $263.1 Historic Revenue to Royal Gold US$M 2022: $31.2 2023: $32.8 Metal Deliveries to Royal Gold Since Inception 127.1 koz Au Advance Payment US$M $145 2 Investment Recovered % 143% 3 Net Book Value US$M $40.3