Mineral Property/Operator Year 1 Royal Gold Net GEOs 2 (%) Operator Emission Estimates 4 Operator Emission Intensity 2, 4 GHG Emissions Intensity Quartile Ranking 8 RGLD Attributed Emissions 5 Scope 1 Scope 2 Scope 1 & 2 Scope 1 Scope 2 Scope 1 & 2 Scope 1 Scope 2 Scope 1 & 2 (tCO 2 e) (tCO 2 e/GEO) (tCO 2 e) Gwalia 3 2019 1.0% 74,803 0.00 74,803 0.41 0.00 0.41 1,129 0 1,129 Genesis Minerals Limited 2020 0.9% 86,500 0.00 86,500 0.56 0.00 0.56 1,270 0 1,270 2021 0.9% 93,000 0.00 93,000 0.49 0.00 0.49 1,278 0 1,278 2022 0.8% 90,218 0.00 90,218 0.57 0.00 0.57 1,277 0 1,277 2023 0.7% 101,435 0.00 101,435 0.56 0.00 0.56 1,082 0 1,082 2024 0.7% 97,905 1,132 99,037 0.65 0.01 0.65 3rd 1,094 13 1,107 Khoemacau 2019 —% — — — — — — — — — MMG Limited 2020 —% — — — — — — — — — (formally Khoemacau Copper) 2021 0.7% 22,069 87,148 109,218 0.18 0.72 0.90 373 1,473 1,846 2022 3.1% 44,139 174,296 218,435 0.19 0.77 0.96 1,608 6,351 7,959 2023 5.4% 39,949 134,235 174,184 0.19 0.64 0.83 2,657 8,929 11,587 2024 4.3% 39,233 149,100 188,333 0.26 0.99 1.25 4th (Cu) 2,906 11,045 13,951 King of the Hills 2019 0.4% NR NR NR NR NR NR NR NR NR Vault Minerals Limited 2020 0.2% NR NR NR NR NR NR NR NR NR 2021 0.03% NR NR NR NR NR NR NR NR NR 2022 0.2% 87,061 0.00 87,061 1.25 0.00 1.25 635 0 635 2023 0.8% 159,974 0.00 159,974 0.76 0.00 0.76 1,639 0 1,639 2024 0.9% 166,373 0.00 166,373 0.83 0.00 0.83 3rd 1,851 0 1,851 LaRonde Zone 5 3 2019 0.5% 38,306 861 39,167 0.09 0.00 0.09 116 3 119 Agnico Eagle Mines Ltd. 2020 0.4% 31,861 204 32,065 0.09 0.00 0.09 100 1 100 2021 0.4% 35,820 217 36,037 0.09 0.00 0.09 107 1 108 2022 0.6% 41,181 274 41,455 0.11 0.00 0.11 164 1 165 2023 0.5% 38,880 259 39,139 0.12 0.00 0.12 152 1 153 2024 0.6% 46,579 339 46,918 0.14 0.00 0.14 1st 214 2 216 INTRODUCTION ABOUT ROYAL GOLD GOVERNANCE OUR PEOPLE OPERATORS AND COMMUNITIES INVESTMENT STEWARDSHIP APPENDICES Royal Gold | 2025-2026 Investment Stewardship Report 108