Investor Engagement and Priorities Assessment Stakeholder and Investor Engagement Through regular and transparent engagement with stakeholders, we seek to ensure that our strategies, activities and reporting align with the interests of those affected by our business. This extends to proactive engagement with investors that emphasizes dialogue, transparency and responsiveness. In 2025, we conducted 210 meetings with current and prospective investors. Sustainability-related topics discussed at those meetings were mostly governance related and specific to jurisdictional/social risks near mine sites. We value stakeholder feedback and commit to ongoing open dialogue on corporate governance, sustainability and other relevant business matters. Royal Gold also regularly engages with industry associations and other stakeholder groups. We are an active participant in the World Gold Council Sustainability Task Force, the National Mining Association and other industry associations. Royal Gold Investor Day, 2026 INTRODUCTION ABOUT ROYAL GOLD GOVERNANCE OUR PEOPLE OPERATORS AND COMMUNITIES INVESTMENT STEWARDSHIP APPENDICES Royal Gold | 2025-2026 Investment Stewardship Report 26