Operator Stewardship Framework Alignment The following table highlights widely recognized international frameworks and standards to which the Operators adhere; 100% of 2025 RGLD revenue is represented in the table including Operators from the Sandstorm/Horizon and Kansanshi transactions. 1 Operator Percentage of 2025 Royal Gold Revenue WGC RGMPs ICMM Mining Association of Canada Towards Sustainable Mining United Nations Global Compact United Nations SDGs Agnico Eagle Mines Ltd. 1.20% Yes (Member) Yes (Member) Yes B2Gold 0.10% Yes (Member) Yes Barrick Gold Corporation 12.93% Yes (Member) Yes (Member) Yes (Member) Yes (Participant) Yes Bear Creek 0.30% Bellevue Gold Ltd. 0.80% Yes (Participant) Yes Blyvoor Gold 0.10% Calibre Mining Corporation (now Equinox Gold) 1.30% Yes Centerra Gold Inc. 21.80% Yes (Member) Yes Cerrado Gold, Inc. 0.10% Chifeng Jilong Gold Mining Co., Ltd. 5.05% Yes Coeur Mining, Inc. 0.70% Yes Develop Gold 0.10% Eldorado Gold 0.003% Yes (Member) Yes (Member) Yes (Participant) Yes Endeavour Mining 0.21% Yes (Member) Yes (Participant) Yes Equinox Gold 0.70% Yes (Member) Yes (Member) Yes (Participant) Yes Eris LLC 0.13% Ero Copper 2.90% Yes (Participant) Yes Excelsior Mining 0.05% First Quantum Minerals Ltd. 3.10% Yes (Member) Genesis Minerals Ltd 0.60% Glencore 0.20% Yes (Member) Yes (Member) Yes Harmony Mining Company 0.01% Yes Hecla Mining Company 0.01% Yes Hochschild Mining plc 0.40% Aligned Yes (Participant) Hudbay Minerals 0.01% Yes (Member) Yes i-80 Gold Corp. 0.50% IAMGOLD Corporation 0.80% Yes (Member) Yes (Member) KGHM International Ltd. 1.80% Yes Kinross Gold Corporation 2.10% Lundin Gold Inc. 0.30% Yes (Member) Yes (Participant) Lundin Mining 0.20% Yes (Member) Yes INTRODUCTION ABOUT ROYAL GOLD GOVERNANCE OUR PEOPLE OPERATORS AND COMMUNITIES INVESTMENT STEWARDSHIP APPENDICES Royal Gold | 2025-2026 Investment Stewardship Report 127