Mineral Property/Operator Year 1 Royal Gold Net GEOs 2 (%) Validated Water Consumption 4 (ML) Royal Gold Attributed Water Consumption 5 Water Consumption Intensity (Validated) Water Consumption Intensity Quartile Ranking 8 (ML) (kL/GEO) (kL/t Ore Treated) (kL/GEO) (kL/t Ore Treated) Taparko 3 (historic royalty, no ownership today) 2018 0.8% 1,609 32 16 0.82 2019 0.4% 1,491 22 22 0.78 2020 0.6% 1,684 30 18 0.94 2021 0.5% 1,844 37 27 1.13 2022 0.1% 445 6 26 1.13 2023 —% — — — — — — Twin Creeks 3 Nevada Gold Mines LLC (Twin Creeks combined production with Turquoise Ridge in 2019.) 2018 0.0% 1,569 — 4 0.71 2019 0.1% 2,870 1 4 0.49 2020 0.1% 4,065 2 7 0.69 2021 0.0% 6,017 — 11 0.98 2022 0.0% 1,211 — 3 0.68 2023 0.0% 6,676 — 13 1.57 3rd 4th Voisey’s Bay Vale S.A. 2018 1.8% 5,280 59 13 2.64 2019 2.0% 5,280 72 14 2.50 2020 1.5% 5,280 56 14 2.93 2021 2.6% 5,280 98 13 2.56 2022 1.5% 2,583 42 10 1.55 2023 0.8% 4,540 65 31 2.58 4th 4th Wassa Chifeng Jilong Gold Mining Co., Ltd. 2018 4.6% 1,718 137 11 1.07 2019 4.4% 1,985 151 13 1.28 2020 5.0% 1,931 155 12 0.96 2021 4.9% 1,859 168 12 1.10 2022 5.2% 2,082 167 12 1.10 2023 5.2% 2,805 164 12 1.10 3rd 4th ROYAL GOLD 2024 Investment Stewardship Report 124 Introduction About Royal Gold Governance Our People Operators and Communities Investment Stewardship Appendices