105 Overview Principal Producing Development  Highlighted Evaluation Evaluation/Exploration  Mineral Resources and Reserves For more information, please visit: www.nsrltd.com . MINER AL RESOURCES AND RESERVES As of March 31, 2023 CONTAINED Au (koz) AGEOs* (koz) Proven and Probable 1,362 25 Measured and Indicated 1,429 23 Inferred 1,032 16 * 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 $63.2 Historic Revenue to Royal Gold US$M 2022: $6.2 2023: $7.3 Acquisition Cost US$M $12.7 Investment Recovered % 496% Net Book Value US$M $0.4