Mineral Property/Operator Year 1 Royal Gold Net GEOs 2 (%) Total Energy Intensity (GJ/GEO) Quartile Ranking 8 RGLD Attributed Energy Estimates 4,5 Energy Emission Factor Electrical Power Consumption (kW-hr/t Ore Treated) Direct Indirect Total Direct Indirect Total (Tera Joule) (tCO 2 e/Tera Joule) Wharf Coeur Mining, Inc. 2018 0.6% 9 7 15 71 93 80 22 2019 0.6% 9 7 16 71 114 88 22 2020 0.7% 7 7 13 71 96 83 22 2021 0.6% 14 7 21 71 43 62 22 2022 0.5% 13 6 18 71 46 63 22 2023 0.7% 3rd 17 2 20 62 113 68 7 Williams 7 Barrick Gold Corporation 2018 0.5% 5 6 11 66 12 35 71 2019 0.6% 4 6 10 66 5 31 77 2020 0.7% 4 5 9 65 8 32 101 2021 0.4% 3 5 8 63 8 27 153 2022 0.2% 1 2 4 64 8 28 155 2023 (0.2%) 2nd -1 -2 -3 62 8 27 140 Xavantina Ero Copper 2018 —% — — — — — — — 2019 —% — — — — — — — 2020 —% — — — — — — — 2021 1.2% 4 9 12 74 17 34 154 2022 3.1% 9 18 27 74 17 36 141 2023 4.1% 1st 6 12 18 62 17 36 141 Other Interests 2018 0.2% NR NR NR NR NR NR NR 2019 0.2% NR NR NR NR NR NR NR 2020 0.1% NR NR NR NR NR NR NR 2021 0.2% NR NR NR NR NR NR NR 2022 0.2% NR NR NR NR NR NR NR 2023 0.3% NR NR NR NR NR NR NR NR 2024 Investment Stewardship Report 103 ROYAL GOLD Introduction About Royal Gold Governance Our People Operators and Communities Investment Stewardship Appendices