DEVELOPMENTS AND POTENTIAL Drilling has continued to infill the “Heart of Gold” at the Gwalia underground mine. Multiple high-grade intercepts were received, within and below the planned stoping envelope through FY2030, and laterally. Drill results continue to confirm the high-grade nature of the deposit and add further support to Gwalia’s reserves, well beyond the FY2030 stoping envelope. 4 FINANCIAL AND OPERATING RESULTS As of December 31, 2024 Revenue to Royal Gold Since Inception US$M $62.7 2023: 2024: Historic Revenue to Royal Gold US$M $3.7 $4.0 Acquisition Cost US$M $34.5 Investment Recovered % 182% Net Book Value US$M $8.3 MINERAL RESOURCES AND RESERVES As of December 31, 2024 CONTAINED Gold (koz) AGEOs * (koz) Proven and Probable 2,156 32 Measured and Indicated 3,664 55 Inferred 1,060 16 * 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 110 For more information, please visit: www.genesisminerals.com.au