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) Canadian Malartic 3 2019 1.8% 9,858 70 15 0.47 Agnico Eagle Mines Ltd. 2020 1.6% 8,039 62 14 0.39 2021 1.5% 11,795 68 16 0.53 2022 1.0% 14,836 58 22 0.76 2023 0.3% 16,588 18 24 0.84 2024 0.1% 14,952 6 23 1 4th 3rd Celtic/Wonder North 2019 0.0% NR NR NR NR Northern Star Resources Ltd. 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 0.1% NR NR NR NR NR NR Côté 2019 — — — — — IAMGOLD Corporation 2020 — — — — — 2021 — — — — — 2022 0.0% NR NR NR NR 2023 0.0% NR NR NR NR 2024 0.5% 4,214 26 21 0.85 NR 3rd Dolores 2019 1.9% 1,328 38 7 0.20 Pan American Silver Corporation 2020 1.5% 1,340 38 9 0.21 2021 2.0% 1,667 51 9 0.21 2022 1.9% 1,916 60 12 0.24 2023 1.6% 2,173 67 16 0.29 2024 1.1% 2,438 74 26 0.34 4th 1st Royal Gold | 2025-2026 Investment Stewardship Report 118