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) Robinson 2019 1.9% 19,409 427 84 1.37 KGHM International Ltd. 2020 2.2% 19,170 587 98 1.37 2021 1.8% 19,081 405 78 1.36 2022 1.9% 19,040 459 91 1.36 2023 1.5% 13,600 404 106 1.36 2024 2.5% 19,055 534 82 1.36 4th 4th Skyline 2019 0.3% NR NR NR NR Wolverine Fuels, LLC 2020 0.3% NR NR NR NR 2021 0.1% NR NR NR NR 2022 0.0% NR NR NR NR 2023 0.3% NR NR NR NR 2024 0.3% NR NR NR NR NR NR South Laverton 3 2019 1.1% 1,751 27 9 0.74 Northern Star Resources Ltd. 2020 2.2% 1,791 50 8 0.67 2021 1.9% 1,962 42 8 0.53 2022 1.3% 2,142 38 11 0.58 2023 1.4% 3,619 54 15 0.95 2024 1.4% 5,018 75 20 1.29 3rd 4th Southern Cross 2019 0.4% 1,172 8 7 0.50 Shandong Tianye Group 2020 0.3% 1,172 6 7 0.50 2021 0.3% 1,172 7 7 0.50 2022 0.3% 1,172 5 7 0.50 2023 0.3% 1,172 6 7 0.50 2024 0.4% 1,172 7 7 0.50 2nd 2nd Royal Gold | 2025-2026 Investment Stewardship Report 123