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) Canadian Malartic 3 Agnico Eagle Mines Ltd. 2018 2.5% 11,882 109 17 0.58 2019 1.8% 9,858 70 15 0.47 2020 1.6% 8,039 62 14 0.39 2021 1.5% 11,795 68 16 0.53 2022 1.0% 14,836 58 22 0.76 2023 0.3% 16,588 18 24 0.84 4th 3rd Dolores Pan American Silver Corporation 2018 2.0% 924 27 5 0.13 2019 1.9% 1,328 38 7 0.20 2020 1.5% 1,340 38 9 0.21 2021 2.0% 1,667 51 9 0.21 2022 1.9% 1,916 60 12 0.24 2023 1.6% 2,173 67 16 0.29 3rd 1st Don Mario Orvana Minerals Corporation 2018 0.5% NR NR NR NR 2019 0.2% NR NR NR NR 2020 —% — — — — 2021 —% — — — — 2022 —% — — — — 2023 —% — — — — — — Don Nicolas 3 Cerrado Gold, Inc. 2018 0.0% 115 1 5 0.40 2019 —% — — — — 2020 0.4% 133 9 8 0.40 2021 0.2% 166 2 4 0.40 2022 0.2% 158 2 3 0.40 2023 0.1% 203 1 3 0.40 1st 1st ROYAL GOLD Introduction About Royal Gold Governance Our People Operators and Communities Investment Stewardship Appendices 2024 Investment Stewardship Report 118