59 Overview Principal Producing Development  Highlighted Evaluation Evaluation/Exploration  Mineral Resources and Reserves DEVELOPMENTS AND POTENTIAL Studies are currently under way for the potential restart of a larger-scale open-pit, which could extend Hemlo’s mine life, and first production could be achieved as early as 2027. 2 For more information, please visit: www.barrick.com . MINER AL RESOURCES AND RESERVES As of December 31, 2023 CONTAINED Au (koz) AGEOs* (koz) Proven and Probable 843 8 Measured and Indicated 789 8 Inferred 58 1 * 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 $25.5 Historic Revenue to Royal Gold US$M 2022: $0.9 2023: -$1.0 Acquisition Cost US$M $7.5 Investment Recovered % 340% Net Book Value US$M $0.0