Portfolio Emission Intensity Summary Year 1 Royal Gold Net GEOs 2 (%) RGLD Attributed Emissions 5 Emission Intensity Industry Quartile Ranking 8 Scope 1 Scope 2 Scope 1 & 2 Scope 1 Scope 2 Scope 1 & 2 (tCO 2 e) (tCO 2 e/GEO) Properties With Emissions Estimates 2019 98.7% 161,308 62,905 223,963 0.61 0.24 0.85 3rd 2020 99.1% 154,934 54,192 209,125 0.58 0.20 0.79 3rd 2021 99.4% 180,164 36,292 216,455 0.64 0.13 0.77 3rd 2022 99.4% 155,887 38,857 194,744 0.59 0.15 0.74 3rd 2023 99.2% 158,529 37,201 195,730 0.62 0.14 0.76 3rd 2024 97.9% 158,634 53,917 212,551 0.62 0.21 0.84 3rd Properties Without Emissions Data 6 2019 1.3% 1,916 846 3,013 2020 0.9% 1,423 498 1,921 2021 0.6% 1,003 202 1,205 2022 0.6% 880 219 1,099 2023 0.8% 1,303 306 1,609 2024 2.1% 3,481 1,183 4,664 Total 2019 100% 163,224 63,751 226,976 0.61 0.24 0.85 2020 100% 156,357 54,690 211,046 0.58 0.20 0.79 2021 100% 181,167 36,494 217,660 0.64 0.13 0.77 2022 100% 156,767 39,076 195,843 0.59 0.15 0.74 2023 100% 159,832 37,507 197,339 0.62 0.14 0.76 2024 100% 162,115 55,100 217,215 0.62 0.21 0.84 INTRODUCTION ABOUT ROYAL GOLD GOVERNANCE OUR PEOPLE OPERATORS AND COMMUNITIES INVESTMENT STEWARDSHIP APPENDICES Royal Gold | 2025-2026 Investment Stewardship Report 114