About Royal Gold Governance Our People Our Operators and Communities ESG Stewardship Appendices 12 2023 INVESTMENT STEWARDSHIP REPORT ROYAL GOLD OUR PRINCIPAL PROPERTIES Our Principal Properties consist of six producing mines subject to our stream and royalty interests, which in 2023 generated approximately 71% of our annual revenue. For each of the properties featured in this section, we’ve highlighted its Operator, the revenue generated by Royal Gold, and Operator ESG highlights. ROYAL GOLD’S REVENUE BREAKDOWN OF PRINCIPAL PROPERTIES FOR THE CALENDAR YEAR 2023 $USD $430,254,000 Subtotal of Principal Properties $605,717,000 Total revenue Mount Milligan 26% $158,167,000 Other properties 29% $175,463,000 Peñasquito 3% $17,772,000 Khoemac a u 5% $34,602,000 Andacollo 8% $48,920,000 Pueblo Viejo 13% $76,247,000 Cortez 16% $94,546,000 Peñasquito , Newmont Corporation, Zacatecas State, Mexico