DEVELOPMENTS AND POTENTIAL In the Rita K area, which forms most of Royal Gold’s exposure to exploration upside, high-grade reserve and resource definition continued to confirm the structural model south from Leeville. Similar structural relationships observed in Turf and West Leeville have been identified as high-grade controls to mineralization at Rita K. Additional drilling from surface is expected to delineate more inferred-level material at Upper Rita K, ahead of the development of a critical exploration drift. 2 FINANCIAL AND OPERATING RESULTS As of December 31, 2024 Revenue to Royal Gold Since Inception US$M $96.8 Historic Revenue to Royal Gold 2023: 2024: US$M $5.7 $7.9 Acquisition Cost US$M $18.3 Investment Recovered % 529% Net Book Value US$M $0.6 MINERAL RESOURCES AND RESERVES As of December 31, 2024 CONTAINED Gold (koz) AGEOs * (koz) Proven and Probable 1,112 20 Measured and Indicated 2,055 37 Inferred 1,216 22 * 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. 76 ROYAL GOLD 2024 Asset Handbook For more information, please visit: www.barrick.com