FINANCIAL AND OPERATING RESULTS As of December 31, 2024 Revenue to Royal Gold Since Inception US$M $18.8 2023: 2024: Historic Revenue to Royal Gold US$M $1.0 $1.4 Acquisition Cost US$M $4.8 Investment Recovered % 392% Net Book Value US$M $0.0 MINERAL RESOURCES AND RESERVES As of December 31, 2012 CONTAINED COAL (kt) AGEOs * (koz) Proven and Probable Current Mineral Resources and Reserves are Unavailable Measured and Indicated Inferred * AGEOs do not consider adjustments that may impact the economic viability of the AGEO interest. See page 11 for a description of AGEO calculation methodology. ROYAL GOLD 2024 Asset Handbook 86 For more information, please visit: www.wolverinefuels.com