About Royal Gold Governance Our People Our Operators and Communities ESG Stewardship Appendices 88 2023 INVESTMENT STEWARDSHIP REPORT ROYAL GOLD Mineral property/operator Year 1 Royal Gold net GEOs 2 (%) Industry quartile ranking 10 RGLD attributed energy estimates 4,5 Energy emission factor Direct Indirect Total Direct Indirect Total Electrical power consumption (Tera joule) (tCO 2 e/Tera joule) (kW-hr/t ore treated) Wharf 2018 0.6% 4th 9 7 15 71 93 80 22.0 Coeur Mining, Inc. 2019 0.6% 3rd 9 7 16 71 114 88 22.0 2020 0.7% 2nd 7 7 13 71 96 83 22.0 2021 0.6% 4th 14 7 21 71 43 62 22.0 2022 0.5% 4th 13 6 18 71 46 63 22.0 Williams 3 2018 0.5% 3rd 5 6 11 66 12 35 71.1 Barrick Gold Corporation 2019 0.6% 2nd 4 6 10 66 5 31 76.9 2020 0.7% 1st 4 5 9 65 8 32 100.5 2021 0.4% 2nd 3 5 8 63 8 27 153.2 2022 0.2% 2nd 1 2 4 64 8 28 155.1 Xavantina 8 2018 – – – – – – – – – Ero Copper 2019 – – – – – – – – – 2020 – – – – – – – – – 2021 1.2% 1st 4 9 12 74 17 34 153.6 2022 3.1% 1st 9 18 27 74 17 36 140.9 Other Interests 2018 0.2% NR NR NR NR NR NR NR NR 2019 0.2% NR NR NR NR NR NR NR NR 2020 0.1% NR NR NR NR NR NR NR NR 2021 0.2% NR NR NR NR NR NR NR NR 2022 0.2% NR NR NR NR NR NR NR NR