Five-Year Revenue History (dollar amounts in thousands) Twelve Months Ended December 31 Stream/Royalty Metal(s) Current Stream/ Royalty Interest 1 2024 2023 2022 2021 2020 Stream: Canada Mount Milligan Gold, copper 35% of payable gold, 18.75% of payable copper $186,039 $158,167 $180,543 $173,114 $149,631 Rainy River Gold, silver 6.5% of gold produced, 60% of silver produced 45,762 38,794 31,826 37,079 29,139 Latin America Pueblo Viejo Gold, silver 7.5% of Barrick’s interest in payable gold, 75% of Barrick’s interest in payable silver $83,059 $76,247 $85,863 $109,716 $110,571 Andacollo Gold 100% of payable gold 47,531 48,920 47,347 68,965 74,225 Xavantina Gold 25% of gold produced 38,771 25,395 18,427 7,746 — Africa Khoemacau Silver 100% of payable silver $33,595 $34,602 $18,786 $5,096 — Wassa Gold 10.5% of payable gold 48,537 32,815 31,152 31,594 28,960 Bogoso and Prestea Gold 5.5% of payable gold — 3,340 3,849 3,008 4,960 Total stream revenue $483,294 $418,280 $417,793 $436,318 $397,485 Royalty: Canada Voisey’s Bay Copper, nickel, cobalt 2.7% NVR $6,049 $5,309 $14,450 $18,682 $7,654 Red Chris Gold, copper 1.0% NSR 2,617 3,170 3,432 — — Côté Gold Gold 1.0% NSR 2,932 — — — — LaRonde Zone 5 Gold 2.0% NSR 3,611 2,461 2,486 2,169 2,044 Canadian Malartic Gold 1.0% to 1.5% sliding-scale NSR 602 1,463 4,689 7,526 7,377 Williams 2 Gold 0.97% NSR 1,902 (987) 882 2,278 3,074 Other – Canada Various Various 1,233 1,295 1,271 1,314 6,875 United States Cortez Legacy Zone Gold Approx. 9.4% GSR equivalent $58,183 $79,920 $47,769 $56,116 $28,444 CC Zone Gold Approx. 0.45% to 2.2% GSR equivalent 11,611 14,626 2,790 — — Robinson Gold, copper 3.0% NSR 16,609 9,109 11,659 13,280 10,669 Manh Choh Gold, silver 3.0% NSR, 28% NSR (silver) 10,697 — — — — Marigold Gold 2.0% NSR 8,085 5,110 6,061 8,284 8,134 Leeville Gold 1.8% NSR 7,932 5,712 4,004 5,117 1,584 Wharf Gold 0.0% to 2.0% sliding-scale GSR 2,795 3,630 2,485 3,224 3,340 Goldstrike Gold 0.9% NSR 1,746 1,575 3,117 3,045 3,419 Other – United States Various Various 3,555 4,009 3,758 2,804 3,276 1 Refer to the Portfolio Details section of this Asset Handbook for a further description of Royal Gold’s stream and royalty interests. 2 The Williams royalty revenue was negative for the 12 months ended December 31, 2023, due to a one-time, non-cash accounting adjustment during the quarter ended June 30, 2023, related to past production subject to our royalty interest. Introduction Attributes of Our Business Portfolio Overview Expected Performance and Outlook Portfolio Details Reference Materials 25