Mineral Property/Operator Year 1 Royal Gold Net GEOs 2 (%) Royal Gold Attributable 2 (GEO) Ore Processed 4 (kt) Reported Production 4,5 (kGEO) RGLD % of Site Reported GEO Production 6 Total 2018 100.0% 259,433 2019 100.0% 268,001 2020 100.0% 268,012 2021 100.0% 284,177 2022 100.0% 264,614 2023 100.0% 259,267 1 The Company changed its fiscal year end from June 30 to December 31, effective as of December 31, 2021. Accordingly, certain amounts in this table have been adjusted to reflect unaudited calendar year information. 2 GEO production is estimated by multiplying the number of net metal or commodity units of which we take delivery, multiplied by the following standard set of commodity prices and divided by the stated gold price, with the same metal prices used for each year for comparative purposes: $1,758/oz Au; $20.54/oz Ag; $6,185.82/t Cu; $1,826.14/lb Pb; $2,268.85/t Zn; $13,672/t Ni; $25,992/t Mo; $31,161/t Co (see page 138 for complete definition). 3 Royal Gold’s interest is either a portion of the mineral property production or a portion of production from an operating complex. 4 Site production figures were compiled by Skarn Associates, and we have relied on its database for gold and copper mining operations. 5 GEO production is estimated based on the following metal prices for each year using production units identified by Skarn Associates: $1,758/oz Au; $20.54/oz Ag; $6,185.82/t Cu; $1,826.14/lb Pb; $2,268.85/t Zn; $13,672/t Ni; $25,992/t Mo; $31,161/t Co. 6 Royal Gold’s percentage of site production is determined by dividing the net GEO we receive based on the methodology defined in footnote (2) by the Site Reported Production in GEOs, defined in footnote (5). 7 Prior year production adjustments occurred in 2023, resulting in negative production. ROYAL GOLD Introduction About Royal Gold Governance Our People Operators and Communities Investment Stewardship Appendices 2024 Investment Stewardship Report 93