Overview Governance Strategy Risk Management Metrics and Targets Appendices 8 2023 CLIMATE REPORT ROYAL GOLD 1 Northern Nevada 16.0% 2022 Net GEOs Cortez, 10.6% • Open-pit and underground mines • Products: Au doré Other Properties, 5.4% 2 Andacollo Coquimbo, Chile 8.4% 2022 Net GEOs • Large open-pit mine • Products: Cu/Au concentrate 3 Mount Milligan British Columbia, Canada 27.0% 2022 Net GEOs • Large open-pit mine • Products: Cu/Au concentrate 4 Peñasquito Zacatecas, Mexico 7.6% 2022 Net GEOs • Large open-pit mine • Products: Pb and Zn concentrates containing Au and Ag 5 Pueblo Viejo Sánchez Ramírez, Dominican Republic 12.4% 2022 Net GEOs • Open-pit mine • Products: Au/Ag doré 6 Khoemac a u Ngamiland, Botswana 3.1% 2022 Net GEOs • Large underground mine • Products: Cu/Ag concentrate 7 Rainy River Ontario, Canada 5.0% 2022 Net GEOs • Open-pit and underground mines • Products: Au/Ag doré 8 Voisey’s Bay Newfoundland and Labrador, Canada 1.5% 2022 Net GEOs • Open-pit mine transitioning to underground mining • Products: Cu and Ni concentrates and Co cathode 9 Wassa Western Region, Ghana 5.2% 2022 Net GEOs • Primary underground mine supported by open-pits • Products: Au doré 10 Western Australia Various Properties 3.2% 2022 Net GEOs • Open-pit and underground mines • Products: Au doré 11 Xavantina Mato Grosso, Brazil 3.1% 2022 Net GEOs • Low tonnage, high-grade underground mine • Products: Au doré