DEVELOPMENTS AND POTENTIAL The Wharf mine has been a steady producer with a good track record for replacing depletion of gold reserves, year-on-year. In 2024, Coeur reported that measured and indicated gold resources more than doubled to 1,019,000 ounces, and inferred gold resources more than tripled to 470,000 ounces, driven by drilling at the North Foley and Juno targets, which are both adjacent to or encompass historical pits at Wharf. Coeur believes these targets demonstrate the potential to substantially extend the mine life at Wharf and conversion of new resources in both areas is a key priority for drilling in 2025 and beyond. 3 FINANCIAL AND OPERATING RESULTS As of December 31, 2024 Revenue to Royal Gold Since Inception US$M $37.0 2023: 2024: Historic Revenue to Royal Gold US$M $3.6 $2.8 Acquisition Cost US$M $3.7 Investment Recovered % 1006% Net Book Value US$M $0.0 MINERAL RESOURCES AND RESERVES As of December 31, 2023 CONTAINED Gold (koz) AGEOs * (koz) Proven and Probable 700 14 Measured and Indicated – – Inferred – – * 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 90 For more information, please visit: www.coeur.com