Mineral Property/Operator Year 1 INTRODUCTION ABOUT ROYAL GOLD GOVERNANCE OUR PEOPLE OPERATORS AND COMMUNITIES INVESTMENT STEWARDSHIP APPENDICES Royal Gold Net GEOs 2 (%) Validated Water Consumption 4 (ML) Royal Gold Attributed Water Consumption 5 Water Consumption Intensity (Validated) Water Consumption Intensity Quartile Ranking 8 (ML) (kL/GEO) (kL/t Ore Treated) (kL/GEO) (kL/t Ore Treated) Voisey’s Bay 2019 2.0% 5,280 72 14 2.50 Vale S.A. 2020 1.5% 5,280 56 14 2.93 2021 2.6% 5,280 98 13 2.56 2022 1.5% 2,583 42 10 1.55 2023 0.8% 4,540 65 31 2.58 2024 1.0% 3,951 49 18 2.20 3rd 4th Wassa 2019 4.4% 1,985 151 13 1.28 Chifeng Jilong Gold Mining Co., Ltd. 2020 5.0% 1,931 155 12 0.96 2021 4.9% 1,859 168 12 1.10 2022 5.2% 2,082 167 12 1.10 2023 5.2% 2,805 164 12 1.10 2024 6.3% 2,805 245 15 1.26 3rd 4th Wharf 2019 0.6% 837 17 10 0.20 Coeur Mining, Inc. 2020 0.7% 855 17 9 0.20 2021 0.6% 854 17 9 0.20 2022 0.5% 818 14 10 0.20 2023 0.7% 607 12 6 0.14 2024 0.5% 464 5 5 0.10 1st 1st Williams 7 2019 0.6% 1,662 13 8 0.57 Barrick Gold Corporation 2020 0.7% 2,917 23 13 1.46 2021 0.4% 1,138 10 8 0.92 2022 0.2% 1,062 4 8 0.90 2023 (0.2%) 1,101 -4 8 0.87 2024 0.3 % 1,187 7 8 0.85 2nd 3rd Royal Gold | 2025-2026 Investment Stewardship Report 124