Properties Comprising 6% of 2024 Revenue Producing Property 2024 Revenue (USD Million) 2024A 2025E 2026E 2027E 2028E Robinson (27) $16.6 123 Mlb Cu (55.9 kt Cu) Guidance not provided by Operator South Laverton (28) $9.0 4 koz Au Guidance not provided by Operator Leeville (28) $7.9 3 koz Au Guidance not broken out by Operator; partial royalty coverage Southern Cross (28) $2.4 1 koz Au Guidance not provided by Operator Williams (28) $1.9 0.8 koz Au Guidance not broken out by Operator; partial royalty coverage Goldstrike (28) $1.7 0.7 koz Au Guidance not broken out by Operator; partial royalty coverage Skyline (28) $1.4 0.6 koz Aueq Guidance not provided by Operator Allan (28)(29) $1.2 0.5 koz Aueq Guidance not provided by Operator Wonder (28) $0.7 0.3 koz Au Guidance not broken out by Operator Bald Mountain (28) $0.6 0.3 koz Au Guidance not broken out by Operator Canadian Malartic (28)(30) $0.6 0.3 koz Au Partial royalty coverage Meekatharra (28) $0.4 0.2 koz Au Guidance not provided by Operator Gold Hill (28) $0.1 0.0 koz Au Guidance not broken out by Operator Ulysses (28)(31) $0.1 0.0 koz Au Guidance not broken out by Operator Johnson Camp (28) $0.0 0.0 koz Au Partial royalty coverage Twin Creeks (28) $0.0 0.0 koz Au Partial royalty coverage Back River (32) n/a In construction 120-150 koz Au 250 koz Au 334 koz Au 345 koz Au Royal Gold (33) $719.4 228,700 oz Au 3.1 Moz Ag 16.1 Mlb Cu $22.7 M Other Metals 210,000 - 230,000 oz Au 2.7 - 3.3 Moz Ag 13.5 - 16.0 Mlb Cu $18.0 - $21.0 M Other Metals Guidance not provided 1 The production expectations are based on information publicly disclosed by the operators. We can provide no assurance regarding the reasonableness of the assumptions underlying the production expectations, and we refer readers to the publicly available reports of the operators for additional information regarding such assumptions. 2 2024 actual. 2025 guidance from February 20, 2025 Press Release. 2026-2028 estimates from 2022 Technical Report. 3 2024 Au and Ag actuals. 2025 Au guidance from February 12, 2025 Press Release. 2026-2028 Au estimates from November 2024 Investor Day Presentation, approximated from graph. Barrick does not provide 2025 Ag production guidance. 2026-2028 Ag estimates from Pueblo Viejo Technical Report, March 17, 2023. 4 2024 actual. 2025 guidance from February 12, 2025 Press Release. 2026-2028 estimates from November 2024 Investor Day Presentation, approximated from graph. Does not include Fourmile. 5 2024 actual. 2025 Au guidance provided by Teck. 2026-2028 Cu guidance from January 20, 2025 Press Release. Royal Gold does not have a Cu stream at Andacollo, but Au grades tend to be positively correlated with Cu grades. 6 2024 actual calculated based on revenue to Royal Gold. 2025-2028 estimates from Independent Competent Person’s Report, February 28, 2025; production ranges consider Ore Reserves Life of Mine Plan for the low end of the ranges, and a life of mine plan that includes the Ore Reserves Life of Mine Plan and conversion of Inferred Mineral Resources for the high end of the ranges. 7 2024 actual. 2025 guidance from February 20, 2025 Press Release. 2026-2028 estimates from Technical Report Summary, December 31, 2023. 8 2024 actual. 2025-2027 Au guidance from February 12, 2025 Press Release. 2028 Au estimates and 2025-2028 Ag estimates from Technical Report, effective date December 31, 2024. New Gold does not provide guidance for Ag production. 9 2024 actual: MMG reported production of 1.1 Moz Ag from March 23, 2024 to December 31, 2024. 2025 Ag guidance provided by MMG. 2026-2028 Cu estimates from January 23, 2025 Press Release, with timing for ramp-up to higher production levels to be assessed during completion of the expansion FS. Royal Gold does not have a copper stream at Khoemacau, but Ag and Cu grades have been relatively well correlated and Ag production has tended to track Cu production. Not all expanded production will be subject to Royal Gold's stream. 10 2024 actual. 2025-2027 guidance from February 11, 2025 Press Release. 11 2024 actual. 2025 guidance from November 29, 2024 Contango Ore Press Release. 2026-2028 estimates from Technical Report Summary, May 12, 2023. 12 2024 actual. 2025 guidance from March 31, 2025 Press Release. 2026-2028 estimates from multi-year guidance issued February 13, 2024. Royal Gold does not have 100% royalty coverage of all mining areas. 13 2024 actual is Au produced from the El Limon mill. 2025-2028 estimates from Technical Report, March 31, 2021. 14 2024 actual. 2025-2028 guidance from April 14, 2025 Press Release. 15 2024 actual. 2025 guidance from February 19, 2025 Press Release. 16 2024 actual.2025-2026 guidance not provided, and estimated average production to reach full production capacity of 45 kt Ni, 20 kt Cu, and 2.6 kt Co by H2 2026. 17 2024 actual. 2025 guidance from August 29, 2024 Press Release. LT outlook from Silver Lake Resources Scheme Booklet, April 26, 2024. 18 2024 actual. 2025 guidance from January 22, 2025 Press Release. 2026-2028 estimates from Technical Update on the Definitive Feasibility Study, Posse Gold Project, February 18, 2022. LT Outlook from March 12, 2025 earnings presentation. 19 2024 actual calculated based on revenue to Royal Gold. 2025-2028 estimates from March 21, 2024 Press Release (Five-Year Strategic Plan). LT Outlook from Genesis Minerals conference transcript September 16, 2024. 20 2024 actual. 2025-2028 estimates from 2023 Technical Report. LT Outlook from Agnico Eagle MD&A, February 26, 2025. 21 2024 actual. 2025 guidance from January 14, 2025 Press Release. 2026-2028 guidance based on average 495 koz/year Au production for years 1-6 per NI 43-101 report, August 12, 2022. LT Outlook from IAMGOLD AIF, March 21, 2025. 22 2024 actual. 2025 guidance from February 19, 2025 Press Release. 2026-2028 estimates from 2021 Technical Report. LT Outlook from presentation transcript, February 25, 2025. 23 2024 actual. 2025 guidance from January 15, 2025 Press Release. 2026-2028 estimates from 2024 Technical Report, September 19, 2024. Materials Reference Details Portfolio and Outlook Performance Expected Overview Portfolio Our Business Attributes of Introduction 33