38 ROYAL GOLD 2023 Asset Handbook Pueblo Viejo Pueblo Viejo is an open-pit gold mine owned by a joint venture in which Barrick Gold Corporation (“Barrick”) holds a 60% interest (and is the operator) and Newmont Corporation holds the remaining 40% interest. The mine is located in the central part of the Dominican Republic in the province of Sánchez Ramírez. Operational Overview Pueblo Viejo achieved commercial production in January 2013 and completed its ramp-up to full initial design capacity in 2014, with a further expansion in the final stages of completion. Pueblo Viejo consists of two main open-pits, Moore and Monte Negro, plus a smaller satellite pit, Cumba, and is mined by conventional truck-and-shovel methods. The Pueblo Viejo ore is refractory and consists primarily of gold and silver associated with pyrite. Whole ore (i.e. not subjected to flotation) and flotation concentrate is fed to the autoclaves for pressure oxidation and subsequently treated in a carbon-in-leach (CIL) circuit. Flotation tailing (not autoclaved) is sent to a new CIL circuit. Carbon acid wash, elution, electrowinning and smelting produces gold and silver doré bars. The processing plant design capacity is 38,000 tonnes per day. DOMINICAN REPUBLIC 1 Source: Barrick, March 17, 2023, Technical Report 2 Source: Barrick, February 14, 2024, Press Release 3 Source: Barrick, 2023 Annual Report OPER ATOR Barrick Gold Corp. MINER ALIZATION ST YLE High-Sulfidation Epithermal Au-Ag MINE T YPE Open-pit METAL(S) A u A g PRODUCT Doré CURRENT STREA M 7.5% of Payable Gold 75.0% of Payable Silver CURRENT ONGOING PAYMENT Gold: 30% spot Silver: 30% spot YEAR OF ACQUISITION 2015 TERM OF STREA M Life of Mine MINE LIFE 2044 1 2024 OPER ATOR GUIDANCE 420,000 to 490,000 ounces of gold (Barrick’s 60% interest). Barrick did not provide estimated silver production. 2 LONGER-TERM OPER ATOR OUTLOOK Minimum average 800,000 ounce per year gold production (100% basis) to mid-2040’s. 1 Dominican Republic PUEBLO VIEJO Haiti STRE A M