| ATTRIBUTES OF | PORTFOLIO | EXPECTED PERFORMANCE | PORTFOLIO | REFERENCE | | INTRODUCTION | OUR BUSINESS | OVERVIEW | AND OUTLOOK | DETAILS | MATERIALS | | PORTFOLIO DETAILS | | Principal Properties | | North America | EMEA | | Cortez | 39 | Kansanshi | 49 | | Mount Milligan | 41 | | Pueblo Viejo | 45 | | South and | | Central America | | Andacollo | 47 | 38 Royal Gold / 2025/2026 Asset Handbook