Brief History of Portfolio Additions – Last 10 Years (Cont’d) Producing Development Evaluation 2020 2020 ALTURAS Chile OPERATOR Barrick Gold Corp. ACQUISITION COST Up to $41 million 7 TERM Life of mine Up to a 1.06% NSR royalty (gold) and up to a 1.59% NSR royalty (copper) 7 2021 2021 CÔTÉ GOLD Canada OPERATOR IAMGOLD Corporation ACQUISITION COST $75 million TERM Life of mine 1.0% NSR royalty 2021 XAVANTINA Brazil OPERATOR Ero Copper Corp. ACQUISITION COST $100 million TERM Life of mine 25% of gold produced 8 2021 RED CHRIS Canada OPERATOR Newmont Corporation ACQUISITION COST $165 million TERM Life of mine 1.0% NSR royalty 7 Total consideration for the Alturas royalty is up to $41 million, of which $11 million was paid on January 29, 2020. A future payment of up to $20 million is conditioned based on a project construction decision by Barrick and the size of the mineable mineralized material on the date of the construction decision. A further future payment of up to $10 million will be made upon first production from the mining concessions. 8 The stream rate for Xavantina is 25% of gold produced until 93,000 ounces have been delivered, 10% thereafter. ROYAL GOLD 2024 Asset Handbook 22