GRI Index Statement of use: Royal Gold’s 2025-2026 Investment Stewardship Report has been developed with reference to the GRI Standards. GRI 1 used: GRI 1: Foundation 2021 GRI 2: General Disclosures 2-1 Organizational details About Royal Gold, p. 5 Back cover , p. 137 2-2 Entities included in the organization’s sustainability report About Royal Gold, p. 5 2-3 Reporting period, frequency and contact point About This Report, p. 6 2-4 Restatements of information Restatement of corporate emissions data as per updated emissions factors. 2-5 External assurance We have not sought external assurance for this report. 2-6 Activities, value chain and other business relationship About Royal Gold, pp. 5 – 28 2-7 Employees Our People, pp. 41 – 44 2-8 Workers who are not employees All of our workers are employees. 2-9 Governance structure and composition Corporate Governance, p. 30 2-10 Nomination and selection of the highest governance body Board of Directors’ Governance Guidelines 2-11 Chair of the highest governance body Board Composition, p. 30 2-12 Role of the highest governance body in overseeing the management of impacts Corporate Governance, p. 30 Investment Stewardship Governance, pp. 31 – 33 2-13 Delegation of responsibility for managing impacts Corporate Governance, p. 30 Investment Stewardship Governance, pp. 31 – 33 2-14 Role of the highest governance body in sustainability reporting Corporate Governance, p. 30 2-16 Communication of critical concerns Whistleblower Policy Code of Business Conduct and Ethics 2-22 Statement on sustainable development strategy A Letter From the Chief Executive Officer, p. 3 A Message From Our Chair, p. 4 GRI Disclosure Description Location in Report INTRODUCTION ABOUT ROYAL GOLD GOVERNANCE OUR PEOPLE OPERATORS AND COMMUNITIES INVESTMENT STEWARDSHIP APPENDICES Royal Gold | 2025-2026 Investment Stewardship Report 129