1 ANDACOLLO, TECK RESOURCES Coquimbo Region, Chile | 2024 Revenue: $47,531,000 Andacollo is an open-pit mine and processing operation in central Chile, Coquimbo region, near the southern limit of the Atacama Desert, approximately 2.4 kilometers (km) southwest of the town of Carmen de Andacollo and 55 km southeast of the regional capital of La Serena. The mining operation employs conventional trucks and hydraulic shovels, and it processes ore through a 55,000-tonne-per-day copper flotation plant, producing a marketable copper-gold concentrate that is transported about 56 km to the Port of Coquimbo and shipped to smelters primarily in Europe. Water supply for the operation is from groundwater wells located 50 km from the mine site on the coast near the city of La Serena. Andacollo has experienced production limitations related to water, and the long-term availability of water will continue to be a priority as a new environmental permit will be required to extend the mine life. The national grid supplies 100% renewable power to the mine through a power purchase agreement. The switch to 100% renewable power aims to avoid approximately 200,000 tonnes of CO 2 e per year. The mine has been operating since 1996 and has a defined life of mine to 2037, with additional permitting or amendments required to execute the life of mine plan beyond 2032 and additional mineral resources that could extend the mine life. ROYAL GOLD Introduction About Royal Gold Governance Our People Operators and Communities Investment Stewardship Appendices 2024 Investment Stewardship Report 13 SUSTAINABILITY SCORECARD - 2024 JURISDICTION AND COMPANY REPUTATION RepRisk ESG country risk rating WATER Water stress rating by Aqueduct™ Water Risk Atlas SAFE OPERATION Total Recordable Incident Frequency Rate 1 quartile ranking Moderate RepRisk ESG company reputational risk rating Extremely High Water consumption intensity (m 3/ GEO) quartile ranking 2 4th Number of fatal accidents Moderate Corruption Perception Index quartile ranking 4th Water consumption intensity (m 3 /tonne ore processed) quartile ranking 2 0 Tailing management disclosure 1st Quartile 2nd Yes ENERGY AND CLIMATE Corporate emission reduction targets BIODIVERSITY IUCN Red List species, critically endangered and endangered (located in a 10 km radius of the project center) COMMUNITY AND HUMAN RIGHTS Corporate Human Rights Policy Yes GHG emissions intensity (tCO 2 e/GEO) quartile ranking 2 14 Designated protected area or key biodiversity area (KBA) covering all or part of the project area Yes Modern Slavery Disclosure 1st Total energy intensity (GJ/GEO) quartile ranking 2 Quisco Coquimbano Report Community Investment (U.S. millions) 4th $2.3 Grievance Mechanism Yes 1 Industry ranking based on 2023 International Council on Mining and Metals (ICMM) data 2 Based on Skarn Associates Gold Industry ranking curves for 2023
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