Mineral Property/Operator Year 1 Royal Gold Net GEOs 2 (%) Operator Emission Estimates 4 Operator Emission Intensity 2, 4 GHG Emissions Intensity Quartile Ranking 8 RGLD Attributed Emissions 5 Scope 1 Scope 2 Scope 1 & 2 Scope 1 Scope 2 Scope 1 & 2 Scope 1 Scope 2 Scope 1 & 2 (tCO 2 e) (tCO 2 e/GEO) (tCO 2 e) Canadian Malartic 3 Agnico Eagle Mines Ltd. 2018 2.5 % 217,225 1,143 218,368 0.31 — 0.31 1,986 10 1,996 2019 1.8 % 228,467 874 229,341 0.34 — 0.34 1,626 6 1,632 2020 1.6 % 210,457 1,100 211,557 0.37 — 0.37 1,619 8 1,627 2021 1.5% 219,283 1,025 220,308 0.30 — 0.31 1,270 6 1,276 2022 1.0% 210,117 1,273 211,390 0.32 — 0.32 821 5 826 2023 0.3% 250,725 1,283 252,008 0.36 — 0.36 1st 271 1 273 Dolores Pan American Silver Corporation 2018 2.0% 86,749 41,634 128,383 0.47 0.23 0.70 2,495 1,197 3,692 2019 1.9% 93,898 46,883 140,781 0.53 0.26 0.79 2,666 1,331 3,996 2020 1.5% 87,521 43,884 131,405 0.62 0.31 0.92 2,492 1,250 3,742 2021 2.0% 64,650 38,516 103,166 0.35 0.21 0.55 1,964 1,170 3,134 2022 1.9% 48,116 16,206 64,322 0.30 0.10 0.39 1,501 506 2,007 2023 1.6% 31,889 15,514 47,403 0.24 0.12 0.36 1st 983 478 1,462 Don Mario Orvana Minerals Corporation 2018 0.5% NR NR NR NR NR NR NR NR NR 2019 0.2% NR NR NR NR NR NR NR NR NR 2020 —% — — — — — — — — — 2021 —% — — — — — — — — — 2022 —% — — — — — — — — — 2023 —% — — — — — — — — — — Don Nicolas 3 Cerrado Gold, Inc. 2018 0.0% 19,768 — 19,768 0.78 — 0.78 99 — 99 2019 —% — — — — — — — — — 2020 0.4% 15,979 — 15,979 0.94 — 0.94 1,074 — 1,074 2021 0.2% 29,257 — 29,257 0.67 — 0.67 386 — 386 2022 0.2% 28,522 — 28,522 0.53 — 0.53 340 — 340 2023 0.1% 35,545 — 35,545 0.52 — 0.52 2nd 117 — 117 ROYAL GOLD Introduction About Royal Gold Governance Our People Operators and Communities Investment Stewardship Appendices 2024 Investment Stewardship Report 107