ROYAL GOLD 2024 Asset Handbook Producing 1 Red Chris 2 Mount Milligan Development 3 Kutcho Creek Evaluation * 4 Schaft Creek 5 Lawyers 6 Shasta 7 Bronson Slope 8 KSM 9 Berg Exploration ** British Columbia 3 Red Chris 1 2 Mount Milligan 4 5 7 8 9 6 * Belcourt, Horizon Coal and North Island are not shown on map ** Golden Bear and Kizmet are not shown on map BRITISH COLUMBIA (CANADA): 26% OF TOTAL 2024 REVENUE The Ministry of Mining and Critical Minerals forecasts the total value of mine production from British Columbia for 2024 at C$16.5 billion. British Columbia is home to a long list of mining companies and, at the heart of its mining industry, lies the Golden Triangle, one the most significant mineral exploration districts in the world. BC by the Numbers: • Home to more than 1,100 global exploration and mining companies, headquartered in Vancouver. 1 • More than 150 mines have operated in the Golden Triangle area since prospectors first arrived at the end of the 19th century. 2 Royal Gold in BC by the Numbers: • Royal Gold has stream or royalty interests on two producing, one development, nine evaluation 3 and two exploration properties in BC. Note, some properties are located outside the viewable area of the above map. • Mount Milligan, Royal Gold’s largest revenue contributor, located in BC, accounted for approximately 26% of revenue in 2024. • BC is home to Royal Gold’s producing stage Red Chris royalty, where there is potential to transition from an open-pit to a large-scale, long-life underground operation. 1 Source: Mineral Development Office – Province of British Columbia 2 Source: Ministry of Energy, Mines and Low Carbon Innovation – Province of British Columbia 3 Includes KSM option 16