Biodiversity and Our Portfolio Biodiversity, or the rate of loss of biodiversity worldwide, is considered one of the planet’s key risks by the World Economic Forum. Royal Gold is committed to developing a path forward with respect to systematically reporting biodiversity metrics across our stream and royalty portfolio. By generating this information, we learn which sites may have elevated levels of risk, allowing us to investigate them in more depth. Furthermore, the educational value of understanding biodiversity in greater depth enhances our due diligence efforts. Approximately 88% of our 2024 revenue was produced from sites that disclosed a Biodiversity Policy and detailed operating protocols related to biodiversity management. Importance of Biodiversity By endorsing the ICMM Mining Principles, Royal Gold recognizes Principle 7: Conservation of Biodiversity. As a streaming and royalty company, we are beginning to explore how we can actively contribute to the conservation of biodiversity and integrate approaches to land use planning. Some of our initial evaluations of biodiversity impacts with respect to our portfolio include the use of the Integrated Biodiversity Assessment Tool (IBAT). IBAT is a web-based map and reporting tool that provides fast, easy and integrated access to three of the world’s most authoritative global biodiversity datasets: The IUCN Red List of Threatened Species, the World Database on Protected Areas and the World Database of Key Biodiversity Areas (KBAs). IBAT can also help users understand the “range rarity” (rarity-weighted species richness) of certain locations, which considers the number of species present at a given location and the relative importance of that location for the species in terms of the proportion of its global range that it represents. The chart on the following page shows the proximity of our Principal Properties to any KBAs, including any identified International Union for Conservation of Nature species within a 10-km radius of the point selected to represent the operation’s position and the corresponding IBAT Rarity Weighted Richness score. We expect to continue to improve our monitoring and reporting of biodiversity topics. There were increases in the number of species listed as Endangered, Vulnerable and Near Threatened at two of our Principal Properties in 2024, which include Pueblo Viejo and Andacollo. ROYAL GOLD Introduction About Royal Gold Governance Our People Operators and Communities Investment Stewardship Appendices 2024 Investment Stewardship Report 75 PUEBLO VIEJO MINE SPOTLIGHT ON BIODIVERSITY Barrick Gold is committed to implementing high standards of environmental performance across all of its operational mines and exploration sites, including the Pueblo Viejo Mine. Barrick maintains a biodiversity policy that outlines its commitments and procedures, including the commitment to contribute to national and regional biodiversity planning, to apply mitigation hierarchy to manage and offset biodiversity impacts, and to develop site-specific Biodiversity Action Plans for all operations. Click here to learn more about Barrick’s approach to biodiversity. Pueblo Viejo, in conjunction with the government, has identified the nearby Aniana Vargas National Park as a biodiversity offset site. The park shares most of its fauna and flora, as well as unique animals such as the Hispaniolan Hutia (“Hutia”) rodent and the Samana least gecko, with the mine’s site. The Hutia is an endemic rodent species with restricted distribution across the island and is listed as Least Concern by the IUCN Red List of Threatened Species and the National Red List of Threatened Species from the Dominican Republic. Pueblo Viejo helped support a rescue and translocation plan for the Hutia within the mining concession area.