| ATTRIBUTES OF | PORTFOLIO | EXPECTED PERFORMANCE | PORTFOLIO | REFERENCE | | INTRODUCTION | OUR BUSINESS | OVERVIEW | AND OUTLOOK | DETAILS | MATERIALS | | Development | | Properties | | North America | EMEA | | Cactus | 143 | Hod Maden | 162 | | Horne 5 | 145 | Platreef | 164 | | Lawyers-Ranch | 146 | Aği Daği | 166 | | Marban | 147 | Bogoso and Prestea | 166 | | Troilus | 149 | Ilovica | 167 | | Bachelor-Moroy | 151 | Karma | 167 | | Barry-Gladiator | 151 | Kirazli | 168 | | Bateman | 152 | Las Cruces | 168 | | Hasbrouck Mountain | 152 | | Kutcho Creek | 153 | | Australia Pacific | | North Timmins | 153 | | Pine Cove | 154 | Oyu Tolgoi | 169 | | Kundip | 171 | | Red Dam | 171 | | South and | | Central America | | Castelo de Sonhos | 155 | | Don Mario | 156 | | La India | 157 | | Warintza | 158 | | Corani | 160 | | Lobo-Marte | 160 | | NuevaUnión | 161 | Royal Gold / 2025/2026 Asset Handbook 141