About Royal Gold Governance Our People Our Operators and Communities ESG Stewardship Appendices 38 2023 INVESTMENT STEWARDSHIP REPORT ROYAL GOLD Key policies related to ESG For Royal Gold, ESG governance is grounded in a suite of Board-approved policies and codes that collectively establish the framework by which we conduct our internal and external business operations. All policies are reviewed by our Board or by a Board committee and updated as necessary. These policies apply to Royal Gold, Inc. and all of its subsidiaries. Links to all of our corporate policies may be found in the ESG Document Library section of our website, where you can also find our bylaws and Board committee charters. The list below highlights policies with significant ESG relevance. Environmental, Social and Governance Policy Our ESG Policy sets forth our core commitment to furthering responsible mineral development as a means of creating long-term value for our stakeholders. Diversity and Inclusion Policy This policy defines our diversity and inclusion practices, which focus on fostering an inclusive work environment where individuals are treated fairly and with respect and are given equal opportunity to develop and advance. People Policy We believe that our employees and officers are our most important assets. Our People Policy outlines our dedication to maintaining a safe and healthy workplace that is free from harassment and discrimination. Code of Business Conduct and Ethics Our Code of Business Conduct and Ethics provides the framework by which we commit to maintaining the highest ethical standards in our operations and our relationship to our employees, counterparties and other stakeholders. Anticorruption Policy Our Anticorruption Policy outlines our prohibitions against illegal and improper conduct, including bribery and corruption in all forms. Human Rights Policy Our Royal Gold Human Rights Policy provides a framework to ensure human rights are respected in all Company operations. Royal Gold believes that human rights are basic standards aimed to secure dignity and equality for all people. Royal Gold is committed to respecting internationally recognized human rights standards. Supplier Code of Conduct Our Supplier Code of Conduct , which includes our stream and royalty partners, outlines expectations regarding the standard business practices of Suppliers that conduct business with Royal Gold, Inc. and its subsidiaries and affiliates. Whistleblower Policy Royal Gold’s Whistleblower Policy encourages and enables the reporting of any suspected illegal activities, unethical behavior or other misconduct. The Whistleblower Policy is intended to provide a means for Directors, officers and employees of the Company to report serious concerns that could have a negative impact on Royal Gold or its stockholders, such as actions that may lead to false or inaccurate financial reporting, are unlawful, are not in line with Company policy or otherwise amount to serious improper conduct. As indicated in the figure to the right, there were no whistleblower complaints between 2019 and 2023.