Mineral Property/Operator Year 1 Royal Gold Net GEOs 2 (%) Total Energy Intensity (GJ/GEO) Quartile Ranking 8 RGLD Attributed Energy Estimates 4,5 Energy Emission Factor Electrical Power Consumption (kW-hr/t Ore Treated) Direct Indirect Total Direct Indirect Total (Tera Joule) (tCO 2 e/Tera Joule) Mulatos Alamos Gold Inc. 2018 3.0% 60 — 60 74 — 74 7 2019 0.8% 22 — 22 74 141 74 6 2020 —% — — — — — — — 2021 —% — — — — — — — 2022 —% — — — — — — — 2023 —% — — — — — — — — Peñasquito Newmont Corporation 2018 5.1% 83 79 162 74 122 98 35 2019 4.1% 67 61 127 74 129 100 51 2020 7.1% 63 66 129 74 127 101 41 2021 8.2% 87 81 168 74 111 91 41 2022 7.6% 85 75 160 74 117 94 39 2023 3.4% 4th 44 74 119 74 71 72 67 Rainy River New Gold Inc. 2018 3.7% 75 32 107 70 2 50 33 2019 5.5% 106 54 160 70 2 47 32 2020 4.7% 89 53 142 70 6 46 31 2021 5.2% 111 65 176 70 6 46 32 2022 5.0% 94 59 154 70 8 46 34 2023 5.8% 4th 101 64 165 70 11 47 35 Red Chris Newmont Corporation 2018 —% — — — — — — — 2019 —% — — — — — — — 2020 —% — — — — — — — 2021 —% — — — — — — — 2022 0.5% 11 9 20 65 7 37 34 2023 0.6% 4th 15 13 28 69 5 39 36 ROYAL GOLD Introduction About Royal Gold Governance Our People Operators and Communities Investment Stewardship Appendices 2024 Investment Stewardship Report 100