About Royal Gold Governance Our People Our Operators and Communities ESG Stewardship Appendices 65 2023 INVESTMENT STEWARDSHIP REPORT ROYAL GOLD OUR WATER SOURCES AND EXPOSURE TO WATER STRESS, AS DEFINED BY AQUEDUCT USA Cortez Gold Mines Water Stress Interannual Variability Drought Risk 89% GW PR Canada Mount Milligan Water Stress Interannual Variability Drought Risk 92% SW GW PR Dominican Republic Pueblo Viejo Water Stress Interannual Variability Drought Risk 66% SW GW PR Chile Andacollo Water Stress Interannual Variability Drought Risk 75% GW PR Mexico Peñasquito Arid/Low Water Use Interannual Variability Drought Risk 66% GW PR Botswana Khoemacau Interannual Variability Drought Risk n/a GW PR SW GW PR Extreme Abundant Scarcity Reuse and recycling rate Precipitation and runoff Ground water Surface water Water source Water stress Med High to High Low Moderate to Moderate Low Arid/Low Water Use x x Arid/Low Water Use x