ATTRIBUTES OF PORTFOLIO EXPECTED PERFORMANCE PORTFOLIO REFERENCE INTRODUCTION OUR BUSINESS OVERVIEW AND OUTLOOK DETAILS MATERIALS Five-Year Revenue History (dollar amounts in thousands) Twelve Months Ended December 31 Property Metal(s) Current Stream/Royalty Interest(1) 2025 2024 2023 2022 2021 North America | Mount Milligan | Gold, copper 35% of payable gold and 18.75% $223,713 $186,039 $158,167 $180,543 $173,114 | | of payable copper | | Pueblo Viejo | Gold, silver | 7.5% of Barrick's interest in | 129,830 | 83,059 | 76,247 | 85,863 109,716 | | payable gold and 75% of | | Barrick's interest in payable | | Rainy River | Gold, silver | 6.5% of gold produced and 60% | 70,780 | 45,762 | 38,794 | 31,826 | 37,079 | | of silver produced | | Peñasquito | Gold, silver, | 2.0% NSR | 70,207 | 46,090 | 17,772 | 43,165 | 52,959 | | lead, zinc | | Cortez | | Legacy Zone | Gold | Approx. 9.4% GSR Equivalent | 31,823 | 58,183 | 79,920 | 47,769 | 56,116 | | CC Zone | Gold | Approx. 0.45%-2.2% GSR | 35,715 | 11,611 | 14,626 | 2,790 | — | | Equivalent | | Manh Choh | Gold, silver | 3.0% NSR, 28% NSR (silver) | 21,442 | 10,697 | — | — | — | | Robinson | Gold, copper 3.0% NSR | 18,527 | 16,609 | 9,109 | 11,659 | 13,280 | | Voisey's Bay | Copper, | 2.7% NVR | 11,984 | 6,049 | 5,309 | 14,450 | 18,682 | | nickel, cobalt | | LaRonde Zone 5 | Gold | 2.0% NSR | 10,706 | 3,611 | 2,461 | 2,486 | 2,169 | | Marigold | Gold | 2.0% NSR | 10,375 | 8,085 | 5,110 | 6,061 | 8,284 | | Leeville | Gold | 1.8% NSR | 10,308 | 7,932 | 5,712 | 4,004 | 5,117 | | Côté Gold | Gold | 1.0% NSR | 8,548 | 2,932 | — | — | — | | Wharf | Gold | 0.0%-2.0% sliding-scale GSR | 6,715 | 2,795 | 3,630 | 2,485 | 3,224 | | Dolores | Gold, silver | 3.25% NSR (gold), 2.0% NSR | 5,279 | 6,752 | 7,981 | 9,223 | 10,359 | | (silver) | | Granite Creek | Gold | 3.0% NSR and 2.94% NSR | 4,965 | 1,085 | 474 | — | — | | Red Chris | Gold, copper 1.0% NSR | 4,477 | 2,617 | 3,170 | 3,432 | — | | Greenstone | Gold | 2.375% of gold produced | 3,790 | — | — | — | — | | Mercedes | Gold, Silver | 275 ounces of gold per month | 3,493 | — | — | — | — | | Other - North | Various | Various | 21,391 | 7,951 | 6,882 | 13,715 | 16,966 | America Total Revenue - North America 704,069 507,859 435,363 459,471 507,065 26 Royal Gold / 2025/2026 Asset Handbook
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