Appendices Investment Stewardship Operators and Communities Our People Governance About Royal Gold Introduction ROYAL GOLD Human Capital Royal Gold strives to foster a work environment where individuals of all backgrounds are treated fairly and with respect and are given the opportunity to make contributions, grow professionally and reach their full potential. The wide array of perspectives and experiences of our Board of Directors and workforce enhances creativity, productivity and overall organizational strength. We are committed to providing equal opportunities for promotion, compensation, training and development to all qualified individuals. Royal Gold continued its programs of personnel training and investment in human capital throughout the year. We recognize and value the benefits that a talented and dedicated workforce brings to Royal Gold. The success of our business depends heavily on the quality and skills of our people. WORKFORCE TOTAL NUMBER OF EMPLOYEES (at year end) 29 29 31 30 29 2020 2021 2022 2023 2024 0 6 12 18 24 30 36 45 2024 Investment Stewardship Report