Community Investment Our Approach Supporting the communities near the mines in which we hold stream and royalty interests and those near our corporate office locations is an important component of Royal Gold’s stewardship efforts. Contributing to community organizations provides a way for us to drive meaningful impact while remaining neutral as a passive investor. We acknowledge the Operators’ demanding roles in mining operations and understand their limited capacity for additional projects. To address this, we collaborate with leading philanthropic organizations as project facilitators, ensuring effective community engagement while allowing Operators to concentrate on their primary responsibilities. Our internal Donations Committee administers our annual giving and selects donation recipients associated with our local office communities, projects associated with our mining Operators, organizations that support mining and university scholarships. The Donations Committee comprises four senior managers and meets quarterly to discuss and review potential programs and projects to support. We aim to donate $1.5 million annually. In 2024, Royal Gold contributed $1.49 million to support organizations that serve needs in the communities near our corporate offices and to support Operator initiatives. We have contributed more than $7.89 million to more than 130 various philanthropic organizations since Royal Gold’s inception. Please visit our website to learn more about the organizations we support. TARGET $1.5M in 2024 to support organizations that serve the needs of the communities in which our corporate offices and Operators are located CONTRIBUTED $1.49M in 2024 to local charities and mining-related sustainability projects Appendices Investment Stewardship Operators and Communities Our People Governance About Royal Gold Introduction ROYAL GOLD 48 2024 Investment Stewardship Report The United Nations SDGs are a set of 17 global goals adopted by all UN Member States in 2015 as a universal call to action to put the world on a more sustainable path. Throughout this report, we indicate where our corporate and Operator contributions align with the SDGs. Please see page 134 for our SDG Index.