Mineral Property/Operator Year 1 Royal Gold Net GEOs 2 (%) Validated Water Consumption 4 (ML) Royal Gold Attributed Water Consumption 5 Water Consumption Intensity (Validated) Water Consumption Intensity Quartile Ranking 8 (ML) (kL/GEO) (kL/t Ore Treated) (kL/GEO) (kL/t Ore Treated) Wharf Coeur Mining, Inc. 2018 0.6% 893 16 11 0.20 2019 0.6% 837 17 10 0.20 2020 0.7% 855 17 9 0.20 2021 0.6% 854 17 9 0.20 2022 0.5% 818 14 10 0.20 2023 0.7% 607 12 6 0.14 1st 1st Williams 7 Barrick Gold Corporation 2018 0.5% 1,646 13 10 0.54 2019 0.6% 1,662 13 8 0.57 2020 0.7% 2,917 23 13 1.46 2021 0.4% 1,138 10 8 0.92 2022 0.2% 1,062 4 8 0.90 2023 (0.2)% 1,101 (4) 8 0.87 2nd 3rd Xavantina Ero Copper 2018 —% — — — — 2019 —% — — — — 2020 —% — — — — 2021 1.2% 69 6 2 0.40 2022 3.1% 76 14 2 0.40 2023 4.1% 54 10 1 0.40 1st 1st Other Interests 2018 0.2% NR NR NR NR 2019 0.2% NR NR NR NR 2020 0.1% NR NR NR NR 2021 0.2% NR NR NR NR 2022 0.2% NR NR NR NR 2023 0.3% NR NR NR NR NR NR ROYAL GOLD 2024 Investment Stewardship Report 125 Introduction About Royal Gold Governance Our People Operators and Communities Investment Stewardship Appendices