About Royal Gold Governance Our People Our Operators and Communities ESG Stewardship Appendices 33 2023 INVESTMENT STEWARDSHIP REPORT ROYAL GOLD The most notable change for the 2023 matrix was the increase in experience associated with “Labor Relations.” We believe that an updated definition of the topic helped our Directors better relate their own experiences to the topic. Based on the results of this survey, the highest-ranking ESG-related skill for all of our Directors is Stakeholder Relations, with 100% of the Board citing they have “Extensive Experience” in this area. Knowledge, skills and experience Chubbs Hayes Heissenbuttel McArthur Sokalsky Vance Veenman Knowledge, skills and experience Chubbs Hayes Heissenbuttel McArthur Sokalsky Vance Veenman Biodiversity Legal and Regulatory (Sociopolitical) Climate Change Labor Relations Corporate Governance Permitting Cybersecurity Public Policy Environment Risk Management Health and Safety Stakeholder Engagement Human Capital (Talent, Attraction and Retention) Tailings Water Indigenous Relations Board Tenure Years 3 16 4 10 8 11 7 Some Experience Extensive Experience