25 Overview Principal Producing Development Highlighted Evaluation Evaluation/Exploration Mineral Resources and Reserves Expected Performance and Growth Portfolio Asset Mine Life Mine life, and the potential to extend mine life, is an important characteristic that Royal Gold considers when adding assets to its portfolio. In addition to providing expected economic benefits over many years, a long-life asset fits Royal Gold’s strategy to provide investors with upside optionality, as the longer the life of an asset, the more investors are exposed to metal price volatility, future production expansion, resource conversion and exploration success. In the table below, we present the operator-reported asset mine life for properties where we have a stream or royalty interest. Note, the operator-reported asset mine lives are primarily based on reserves . OPER ATOR-REPORTED ASSET MINE LIFE 1 See individual asset page for source 2 21 years from startup Property Mine Life (Ending Years) 1 PRODUCING Allan 2070 Andacollo 2036 Bellevue 2033 Canadian Malartic 2039 Cortez 2042 Dolores 2024 El Limón 2029 Gold Hill 2023 Johnson Camp See footnote 2 Khoemac a u +2040 King of the Hills 2037 LaRonde Zone 5 2032 Marigold 2032 Mount Milligan 2035 Peñasquito 2032 Pueblo Viejo 2044 Rainy River 2032 Red Chris 2057 Robinson 2036 Twin Creeks 2030 Voisey’s Bay 2036 Wassa 2037 Wharf 2030 Xavantina 2028 Property Mine Life (in Years) 1 DEVELOPMENT Back River 15 Bateman Gold 7 Castelo de Sonhos 11 Côté Gold 18 Don Mario 6-7 Hasbrouck Mountain 9 Ilovica 20 Kutcho Creek 11 NuevaUnión 38 La India 8 Manh Choh 5 Mara Rosa +10 Marban 10 EVALUATION Berg 30 North Island 22 Kerr-Sulphurets-Mitchell 72 Lawyers 12 Schaft Creek 21
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