INTRODUCTION ABOUT ROYAL GOLD GOVERNANCE OUR PEOPLE OPERATORS AND COMMUNITIES INVESTMENT STEWARDSHIP APPENDICES Mineral Property/Operator Year 1 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) Don Nicolas 3 2019 0.0% — — — — Cerrado Gold, Inc. 2020 0.4% 133 9 8 0.40 2021 0.2% 166 2 4 0.40 2022 0.2% 158 2 3 0.40 2023 0.1% 203 1 3 0.40 2024 0.4% 248 5 5 0.13 1st 1st El Limón 2019 0.6% 964 27 15 2.00 Equinox Gold 2020 0.9% 1,084 39 17 2.53 2021 1.0% 1,180 47 17 2.38 2022 1.2% 986 40 13 1.99 2023 1.1% 918 35 13 1.81 2024 1.2% 707 30 10 1.40 2nd 4th Goldstrike 3 2019 0.9% 8,985 13 5 0.56 Nevada Gold Mines LLC 2020 0.7% 11,104 13 7 0.56 (Goldstrike and Carlin were combined by Nevada Gold 2021 0.6% 13,934 16 9 0.60 Mines for reporting purposes starting in 2019 and are referred to as Carlin.) 2022 0.7% 11,157 12 7 0.57 2023 0.3% 6,725 4 5 0.57 2024 0.3% 10,933 6 9 1.01 2nd 4th Granite Creek 2019 0.0% NR NR NR NR i-80 Gold Corp. 2020 0.0% NR NR NR NR 2021 0.0% NR NR NR NR 2022 0.0% NR NR NR NR 2023 0.0% NR NR NR NR 2024 0.2% NR NR NR NR NR NR Royal Gold | 2025-2026 Investment Stewardship Report 119