About Royal Gold Governance Our People Our Operators and Communities ESG Stewardship Appendices 13 2023 INVESTMENT STEWARDSHIP REPORT ROYAL GOLD ANDACOLLO, TECK RESOURCES Coquimbo Region, Chile | 2023 Revenue: $48,920,000 Andacollo is an open-pit mine and processing operation located in central Chile, Coquimbo Region, near the southern limit of the Atacama Desert, approximately 2.4 kilometers (“km”) southwest of the town of Carmen de Andacollo and 55 km southeast of the regional capital of La Serena. The mining operation employs conventional trucks and hydraulic shovels and processes ore through a 55,000-tonne per day copper flotation plant, producing a marketable copper-gold concentrate, which is transported about 56 km to the Port of Coquimbo and shipped to smelters primarily in Europe. Water supply for the operation is from groundwater wells located 50 km from the mine site on the coast near La Serena, and the national grid supplies power with a power purchase agreement providing 100% renewable power. The mine has been operating since 1996 and has a defined life of mine to 2036, with additional mineral resources that could extend mine life. In 2023, Andacollo was awarded the Copper Mark of environmentally and socially responsible production practices. To be verified for Copper Mark, operations are assessed and independently verified against 32 responsible production criteria including greenhouse gas emissions, community health and safety, respect for Indigenous rights and business integrity. ESG Scorecard 1 JURISDICTION AND COMPANY REPUTATION WATER SAFE OPERATION RepRisk ESG reputational risk rating Moderate Water stress rating by Aqueduct™ Water Risk Atlas Extremely high Total Recordable Incident Frequency Rate (TRIFR) 2 2nd Water consumption intensity (m 3 /GEO) ranking 4th Tailing management disclosure Yes ENERGY AND CLIMATE BIODIVERSITY HUMAN CAPITAL Corporate emission reduction targets Yes IUCN Red List species (located in a 10 km radius of the Project center) 14 Corporate diversity and inclusion commitment Yes GHG emissions intensity (tCO 2 e/GEO) ranking 1st Designated protected area or Key Biodiversity Area (KBA) covering all or part of Project area Coquimbo desert scrub Corporate Human Rights Policy Yes Total energy intensity (GJ/GEO) ranking 4th Community Investment (US millions) $2.0 1 More details on our Principal Properties can be found on page 115 . 2 Industry ranking based on 2022 ICMM data.