Our Principal Properties Our Principal Properties consist of four producing mines subject to our stream and royalty interests, which in 2024 generated approximately 54% of our annual revenue. For each of the properties featured in this section, we’ve highlighted its Operator, the revenue generated by Royal Gold, and Operator sustainability highlights. ROYAL GOLD Introduction About Royal Gold Governance Our People Operators and Communities Investment Stewardship Appendices ROYAL GOLD’S REVENUE BREAKDOWN OF PRINCIPAL PROPERTIES FOR THE CALENDAR YEAR 2023 ($USD) 2024 Investment Stewardship Report 12 $386,424,000 $719,395,000 Subtotal of Principal Properties Total Revenue 46.3% Other Properties $332,971,000 Mount Milligan $186,039,000 25.9% 6.6% Andacollo $47,531,000 9.7% Cortez $69,795,000 11.5% Pueblo Viejo $83,059,000
2024 Investment Stewardship Report Page 11 Page 13