About Royal Gold Governance Our People Our Operators and Communities ESG Stewardship Appendices 5 2023 INVESTMENT STEWARDSHIP REPORT ROYAL GOLD 2023 highlights $1.2M contributed to support organizations in our office and mining Operator communities Supporting 5 schools with academic scholarships to develop the industry’s next generation of leaders 100% scope 2 and 3 corporate emissions offset, achieving carbon neutrality for four consecutive years, from 2020 to 2023 1 1st year publishing a separate Climate Report and 3rd year reporting in alignment with the TCFD framework 5 years of a declining trend in GHG emission intensity for our scope 3 investment emissions 98% of scope 3 investment emissions were successfully tracked and reported 1 25% of our senior management identified as female 0% annualized employee turnover rate 1 In this report, we segment scope 3 corporate emissions into those arising from our corporate activities (which we refer to as our scope 3 corporate emissions) and those of our portfolio Operators (which we refer to as our scope 3 investment emissions). We have done this because, as a passive investor, we do not have direct influence or control over the Operator’s emissions but do manage and assert more control over our own direct footprint. Our scope 3 corporate emissions are largely those associated with business travel and employee commuting.