| ATTRIBUTES OF | PORTFOLIO | EXPECTED PERFORMANCE | PORTFOLIO | REFERENCE | | INTRODUCTION | OUR BUSINESS | OVERVIEW | AND OUTLOOK | DETAILS | MATERIALS | | Property | Location | Ownership | Royalty Rate | | Rye | United States | Barrick Mining Corporation | 0.5% NSR | | San Rafael | United States | Rio Grande Resources Corporation | 2.0% NVR | | Santa Renia | United States | Hecla Mining Company | 3.0% NSR | | Shotgun | United States | TNR Gold Corp. | 5.0% NPI | | Simon Creek | United States | Barrick Mining Corporation | 1.0% NSR | | Treasure Hill | United States | Treasure Hill Resources LLC | 1.0% NSR | | Trenton Canyon | United States | SSR Mining Inc. | 2.4% GSR(45), 8.0% NPI(45) | | Troy | United States | Hecla Mining Company | 3.0% GSR | | Upper Peninsula | United States | Minerals Processing Corp. | 5.0% NPI | | Whistler | United States | GoldMining Inc. | 2.0% NPI | | Windfall | United States | McEwen Inc. | 4.0% NSR | | Wood Gulch | United States | Barrick Mining Corporation | 5.0% NSR | | Woodruff | United States | Orla Mining Ltd. | 4.0% NSR | (45) The 2.4% GSR applies to production from the properties from which greater than 60% of the revenues are projected to be derived from gold and silver. The 8.0% NPI applies to production from the properties from which less than 60% of the revenues are projected to be derived from gold and silver. Royal Gold / 2025/2026 Asset Handbook 193