Mineral Property/Operator Year 1 Royal Gold Net GEOs 2 (%) Total Energy Intensity (GJ/ GEO) Quartile Ranking 8 RGLD Attributed Energy Estimates 4,5 Energy Emission Factor Electrical Power Consumption (kW-hr/t Ore Treated) Direct Indirect Total Direct Indirect Total (Tera Joule) (tCO 2 e/Tera Joule) Southern Cross Shandong Tianye Group 2019 0.4% 4 2 6 74 192 116 36 2020 0.3% 3 1 4 74 189 111 29 2021 0.3% 3 2 5 74 187 116 34 2022 0.3% 2 2 4 74 182 129 55 2023 0.3% 2 2 5 74 182 129 54 2024 0.4% 2nd 3 3 5 74 149 112 54 Voisey’s Bay Vale S.A. 2019 2.0% 16 0 16 71 0 71 52 2020 1.5% 11 0 11 71 0 71 52 2021 2.6% 22 0 22 71 0 71 52 2022 1.5% 21 0 21 71 0 71 60 2023 0.8% 19 0 19 71 0 71 57 2024 1.0% 2nd (Cu) 47 0 47 71 0 71 173 Wassa Chifeng Jilong Gold Mining Co., Ltd. 2019 4.4% 22 21 44 71 36 54 50 2020 5.0% 23 26 50 71 37 53 46 2021 4.9% 34 34 69 71 184 127 62 2022 5.2% 34 34 68 71 184 128 62 2023 5.2% 22 30 51 71 188 140 56 2024 6.3% 2nd 24 39 63 74 189 145 56 Wharf Coeur Mining, Inc. 2019 0.6% 9 7 16 71 114 88 22 2020 0.7% 7 7 13 71 96 83 22 2021 0.6% 14 7 21 71 43 62 22 2022 0.5% 13 6 18 71 46 63 22 2023 0.7% 17 2 20 71 113 68 7 2024 0.5% 3rd 10 1 11 63 114 68 6 INTRODUCTION ABOUT ROYAL GOLD GOVERNANCE OUR PEOPLE OPERATORS AND COMMUNITIES INVESTMENT STEWARDSHIP APPENDICES Royal Gold | 2025-2026 Investment Stewardship Report 100
2025–2026 Investment Stewardship Report Page 99 Page 101