141 Overview Principa l Producing Development  Highlighted Evaluation  Evaluation/Exploration  Mineral Resources and Reserves For more information, please visit: www.barrick.com . Alturas The Alturas Project is located in Region IV of Chile, approximately 30 kilometers south of the former El Indio mine, and is owned and operated by Barrick Gold Corporation (“Barrick”). Barrick announced the discovery of Alturas in early 2015, and mineralization extends across the border into Argentina. Development Update At this time, Barrick has not outlined detailed plans to advance the Alturas Project, but a large inferred resource of approximately 5.4 million ounces of gold has been delineated on the Chilean portion of the Project. Royal Gold’s Royalty Interest On January 29, 2020, Royal Gold entered into an agreement with various private individuals for the acquisition of up to a 1.06% net smelter return (NSR) royalty on gold and up to a 1.59% NSR royalty on copper on mining concessions included as part of the Alturas Project. Total consideration for the royalty is up to $41 million, of which $11 million was paid on January 29, 2020. A future payment of up to $20 million is conditioned based on a project construction decision by Barrick and the size of the mineral reserve on the date of the construction decision. A further future payment of up to $10 million will be made upon first production from the mining concessions. MINER AL RESOURCES AND RESERVES As of December 31, 2023 CONTAINED Au (koz) AGEOs* (koz) Proven and Probable – – Measured and Indicated 2,200 23 Inferred 3,600 38 * AGEOs do not consider adjustments that may impact the economic viability of the AGEO interest. See page 9 for a description of AGEO calculation methodology. OPER ATOR Barrick Gold Corporation MINER ALIZATION ST YLE High-Sulfidation Epithermal Au ROYALT Y Up to a 1.06% NSR Royalty (gold) and up to a 1.59% NSR Royalty (copper) YEAR OF ACQUISITION 2020 TERM OF ROYALT Y Life of Mine EXPECTED STARTUP DATE Detail not publicly disclosed by operator. EXPECTED MINE LIFE Detail not publicly disclosed by operator. CHILE PROJECT OUTLOOK Detail not publicly disclosed by operator. ALTURAS Valparaíso Mendoza Region IV Atacama San Juan ROYALT Y Acquisition Cost US$M $11.3 Net Book Value US$M $11.3