ROYAL GOLD 2024 Asset Handbook Brief History of Portfolio Additions – Last 10 Years The descriptions provided in this timeline are simplified and show Royal Gold’s current interests, the current operators and current property names. Producing Development Evaluation 2015 2015 PASCUA-LAMA Argentina/Chile OPERATOR Barrick Gold Corp. ACQUISITION COST $8 million TERM Life of mine 0.22% sliding-scale NSR royalty 2015 WASSA + BOGOSO AND PRESTEA Ghana OPERATOR Chifeng Jilong Gold Mining Co., Ltd./ Future Global Resources Ltd. 1 ACQUISITION COST $145 million TERM Life of mine 10.5% of payable gold from Wassa and 5.5% of payable gold from Bogoso and Prestea 2 2015 RAINY RIVER Canada OPERATOR New Gold Inc. ACQUISITION COST $175 million TERM Life of mine 6.5% of gold produced and 60% of silver produced 3 2015 ANDACOLLO Chile OPERATOR Teck Resources Ltd. ACQUISITION COST $525 million TERM Life of mine 100% of payable gold 4 2015 PUEBLO VIEJO Dominican Republic OPERATOR Barrick Gold Corp. ACQUISITION COST $610 million TERM Life of mine 7.5% of payable gold and 75% of payable silver 5 1 Wassa and Bogoso and Prestea projects were originally owned and operated by Golden Star Resources Ltd. (“Golden Star”), which was acquired by Chifeng Jilong Gold Mining Co., Ltd. on January 28, 2022. Bogoso and Prestea was sold to Future Global Resources Limited on October 1, 2020. 2 On October 1, 2020, Royal Gold announced the separation of the Wassa and Bogoso and Prestea stream agreement into separate stream agreements at which time, the stream rate for Bogoso and Prestea was changed to 5.5% (from 10.5%). The stream rate for Wassa remains unchanged at 10.5% until 240,000 ounces have been delivered, 5.5% thereafter. 3 The stream rate for Rainy River is 6.5% of gold produced until 230,000 ounces have been delivered, 3.25% thereafter; and 60% of silver produced until 3,100,000 ounces have been delivered, 30% thereafter. 4 The stream rate for Andacollo is 100% of payable gold until 900,000 ounces have been delivered, 50% thereafter. 5 The stream rate for Pueblo Viejo is 7.5% of payable gold until 990,000 ounces have been delivered, 3.75% thereafter; and 75% of payable silver until 50 million ounces have been delivered, 37.5% thereafter. 20