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) Holt 3 Agnico Eagle Mines Ltd. 2018 3.1% 13 37 50 74 4 23 187 2019 2.7% 13 36 49 74 4 23 187 2020 1.3% 8 19 27 74 4 25 206 2021 —% — — — — — — — 2022 —% — — — — — — — 2023 —% — — — — — — — — Khoemacau MMG Limited (formally Khoemacau Copper) 2018 —% — — — — — — — 2019 —% — — — — — — — 2020 —% — — — — — — — 2021 0.7% 5 6 11 74 259 172 52 2022 3.1% 22 25 46 74 259 172 52 2023 5.4% 1st (Cu) 36 38 74 71 233 157 49 King of the Hills Vault Minerals Limited 2018 —% — — — — — — — 2019 0.4% NR NR NR NR NR NR NR 2020 0.2% NR NR NR NR NR NR NR 2021 0.0% NR NR NR NR NR NR NR 2022 0.2% 10 — 10 64 — 64 35 2023 0.8% 4th 27 — 27 62 — 62 42 LaRonde Zone 5 3 Agnico Eagle Mines Ltd. 2018 0.1% — 1 1 59 1 15 183 2019 0.5% 2 5 7 59 1 18 147 2020 0.4% 2 5 6 60 — 16 152 2021 0.4% 2 5 6 61 — 17 147 2022 0.6% 3 7 9 61 — 17 162 2023 0.5% 2nd 2 6 9 61 — 157 162 ROYAL GOLD Introduction About Royal Gold Governance Our People Operators and Communities Investment Stewardship Appendices 2024 Investment Stewardship Report 98