Taxes, Associations and Political Contributions Tax Royal Gold’s Tax Policy aligns with all applicable laws and Company policies, prioritizing integrity and disclosure. Operating in multiple jurisdictions, we paid significant income and withholding taxes from 2020 to 2024, mainly in the United States, Mexico, Switzerland and Canada. Apart from these, we handle production taxes on royalty payments, government royalties, mineral rights taxes, value- added tax (VAT), harmonized sales tax (HST) and goods and services tax (GST). For 2024, these non- income taxes are included in the costs and expenses section of our consolidated statements of operations and comprehensive income in the financial statements included in our annual report on Form 10-K for the year ended December 31, 2024. INCOME AND WITHHOLDING TAXES PAID (US$M) 2020 2021 2022 2023 2024 0 10 20 30 40 50 60 70 80 U.S Canada Mexico Other (Argentina, Australia, Bolivia, Burkina Faso, Nicaragua, Spain, U.K.) Switzerland Includes income and withholding taxes. Memberships and Industry Associations Royal Gold has been a long-standing member of the following industry associations and organizations. Below is a list of our memberships and corresponding annual fees paid. Organization Fees paid in 2024 National Mining Association $84,114 World Gold Council $15,550 Nevada Mining Association $12,500 Women in Mining $5,000 The Denver Gold Group $3,000 Other tax-exempt groups (under $2,000 per group) $5,602 National Association of Corporate Directors $12,255 Total $138,021 Royal Gold has been a Women in Mining (WIM) Silver Corporate Supporter since 2022. We share the belief that WIM can play an important role in the future of mining, and our participation is consistent with our shared goal of helping to develop and inspire the next generation of talent in the mining industry. In 2025, Royal Gold sponsored the Networking Reception at the WIM Signature Gala. Royal Gold has also been a supporter of the Women’s Mining Coalition since 2016. Political Contributions Royal Gold’s Code of Business Conduct and Ethics states that corporate funds may not be provided to political candidates, entities or organizations without the written consent of our CEO or, in the case of a political contribution suggested by our CEO, the Chair of the Audit and Finance Committee of our Board. This includes direct cash contributions, donation of property or services and purchases associated with fundraising events. We made no political contributions between 2019 and 2024, and we intend to disclose any future political contributions in this report. Appendices Investment Stewardship Operators and Communities Our People Governance About Royal Gold Introduction ROYAL GOLD 42 2024 Investment Stewardship Report