51 Overview Principal Producing Development  Highlighted Evaluation Evaluation/Exploration  Mineral Resources and Reserves DEVELOPMENTS AND POTENTIAL Exploration drifting and drilling on Level 215 is targeting the vertical extensions of known zones on the Bousquet property and below the LZ5 deposit. 2 For more information, please visit: www.agnicoeagle.com . MINER AL RESOURCES AND RESERVES As of December 31, 2023 CONTAINED Au (koz) AGEOs* (koz) Proven and Probable 635 13 Measured and Indicated 774 15 Inferred 1,134 23 * 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 $11.2 Historic Revenue to Royal Gold US$M 2022: $2.5 2023: $2.5 Acquisition Cost US$M $3.4 Investment Recovered % 326% Net Book Value US$M $2.0