About Royal Gold Governance Our People Our Operators and Communities ESG Stewardship Appendices 108 2023 INVESTMENT STEWARDSHIP REPORT ROYAL GOLD GRI index Statement of use: Royal Gold’s 2023 Investment Stewardship Report has been developed with reference to the GRI Standards for the period December 31, 2022 to December 31, 2023, for our corporate information and December 31, 2021 to December 31, 2022, for Operator information. GRI 1 used: GRI 1: Foundation 2021 GRI disclosure Description Location in report GRI 2: General Disclosures 2-1 Organizational Details About Royal Gold, p. 8 Back cover, p. 118 2-2 Entities included in the organization’s sustainability report About Royal Gold, p. 8 2-3 Reporting period, frequency and contact point About this report, p. 4 2-4 Restatements of information Restatement of corporate emissions data as per updated emissions factors. 2-5 External assurance We have not sought external assurance for this report. 2-6 Activities, value chain and other business relationship About Royal Gold, p. 8–11 2-7 Employees Diversity and inclusion, p. 44 2-8 Workers who are not employees All our workers are employees. 2-9 Governance structure and composition Corporate governance, p. 30–31 2-10 Nomination and selection of the highest governance body Board of Directors’ Governance Guidelines 2-11 Chair of the highest governance body Board Composition, p. 31 2-12 Role of the highest governance body in overseeing the management of impacts Corporate governance, p. 30–31 Investment Stewardship governance, p. 32, 35 2-13 Delegation of responsibility for managing impacts Corporate governance, p. 30–31 Investment Stewardship governance, p. 32–37 2-14 Role of the highest governance body in sustainability reporting Corporate governance, p. 30 2-16 Communication of critical concerns Whistleblower Policy Code of Business Conduct and Ethics 2-22 Statement on sustainable development strategy A Message from our Chief Executive Officer, p. 3 In conversation: A roundtable discussion with members of our Board, p. 6–7 2-23 Policy commitments Key policies related to ESG, p. 38 2-29 Approach to stakeholder engagement Stakeholder and investor engagement, p. 26