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) LaRonde Zone 5 3 Agnico Eagle Mines Ltd. 2019 0.5% 2 5 7 59 1 18 147 2020 0.4% 2 5 6 60 0 16 152 2021 0.4% 2 5 6 61 0 17 147 2022 0.6% 3 7 9 61 0 17 162 2023 0.5% 2 6 9 61 0 17 162 2024 0.6% 2nd 3 8 11 62 0 176 167 Leeville (North) 3 Nevada Gold Mines LLC (Scope 1 emissions included portions of emissions from the Western 102 and TS power plants.) 2019 0.3% 15 6 21 77 59 72 288 2020 0.3% 12 4 16 79 81 79 143 2021 1.0% 45 12 57 78 77 78 114 2022 0.9% 31 6 37 88 145 96 163 2023 1.1% 49 12 61 74 17 63 246 2024 1.3% 4th 68 15 84 75 0 64 275 Manh Choh Kinross Gold Corporation 2019 0.0% 0 0 0 NR NR NR NR 2020 0.0% 0 0 0 NR NR NR NR 2021 0.0% 0 0 0 NR NR NR NR 2022 0.0% 0 0 0 NR NR NR NR 2023 0.0% 0 0 0 NR NR NR NR 2024 1.7% 2nd 33 7 40 71 296 109 6 Mara Rosa Hochschild Mining plc 2019 0.0% 0 0 0 NR NR NR NR 2020 0.0% 0 0 0 NR NR NR NR 2021 0.0% 0 0 0 NR NR NR NR 2022 0.0% 0 0 0 NR NR NR NR 2023 0.0% 0 0 0 NR NR NR NR 2024 0.7% 2nd 6 7 13 74 23 47 39 INTRODUCTION ABOUT ROYAL GOLD GOVERNANCE OUR PEOPLE OPERATORS AND COMMUNITIES INVESTMENT STEWARDSHIP APPENDICES Royal Gold | 2025-2026 Investment Stewardship Report 97
2025–2026 Investment Stewardship Report Page 96 Page 98