Mineral Property/Operator Year 1 Royal Gold Net GEOs 2 (%) Total Energy Intensity (GJ/ GEO) Quartile Ranking 8 RGLD Attributed Energy Estimates 4,5 Energy Emission Factor Electrical Power Consumption (kW-hr/t Ore Treated) Direct Indirect Total Direct Indirect Total (Tera Joule) (tCO 2 e/Tera Joule) Marigold 3 SSR Mining Inc. 2019 1.5% 27 2 29 70 81 68 1 2020 1.7% 39 3 42 70 81 64 2 2021 1.6% 43 3 46 70 97 63 2 2022 1.3% 32 2 34 70 98 65 2 2023 1.0% 19 2 21 70 92 72 3 2024 1.3% 4th 38 5 43 75 104 73 2 Meekathara 3 Westgold Resources Ltd. 2019 0.7% 20 0 20 70 0 70 56 2020 0.8% 24 0 24 70 0 70 56 2021 0.7% 22 0 22 70 0 70 53 2022 0.6% 17 0 17 70 0 70 55 2023 0.4% 12 0 12 70 0 70 63 2024 0.1% NR NR NR NR 60 0 60 62 Peñasquito Newmont Corporation 2019 4.1% 67 61 127 74 129 100 51 2020 7.1% 63 66 129 74 127 101 41 2021 8.2% 87 81 168 74 111 91 41 2022 7.6% 85 75 160 74 117 94 39 2023 3.4% 44 74 119 74 71 72 67 2024 7.7% 4th 88 148 235 74 72 73 67 Rainy River Coeur Mining, Inc. 2019 5.5% 106 54 160 70 2 47 32 2020 4.7% 89 53 142 70 6 46 31 2021 5.2% 111 65 176 70 6 46 32 2022 5.0% 94 59 154 70 8 46 34 2023 5.8% 101 64 165 70 11 47 35 2024 5.6% 3rd 83 71 154 70 8 41 35 INTRODUCTION ABOUT ROYAL GOLD GOVERNANCE OUR PEOPLE OPERATORS AND COMMUNITIES INVESTMENT STEWARDSHIP APPENDICES Royal Gold | 2025-2026 Investment Stewardship Report 98