1. Andacollo, Teck Resources COQUIMBO REGION, CHILE | 2025 REVENUE: $77,896,000 Andacollo is an open-pit mine and milling operation operated by Compañía Minera Carmen de Andacollo (“CMCA”), a 90% owned subsidiary of Teck Resources Ltd. (“Teck”); Empressa Nacional de Minería holds the remaining 10%. Gold is produced as a by-product of copper production. The mine is located in the Coquimbo Region, in the foothills of the Andes Mountains approximately two kilometers southwest of the town of Andacollo. The national grid supplies 100% renewable power to the mine through a power purchase agreement. Long-term availability of water will continue to be a priority as a new environmental permit will be required to extend the mine life. Annual Stewardship Performance JURISDICTION AND COMPANY REPUTATION - 2026 RepRisk ESG country risk rating Moderate RepRisk ESG company reputational risk rating Low Corruption Perception Index quartile ranking 1st Quartile WATER - 2024 Water stress rating by Aqueduct™ Water Risk Atlas Extremely High Water consumption intensity (m 3 /GEO) quartile ranking 1 4th Water consumption intensity (m 3 /tonne ore processed) quartile ranking 1 2nd SAFE OPERATION - 2025 Number of fatal accidents 0 Tailing management disclosure Yes ENERGY AND CLIMATE - 2024 Corporate emission reduction targets Yes GHG emissions intensity (tCO 2 e/GEO) quartile ranking 1 1st Total energy intensity (GJ/GEO) quartile ranking 1 4th BIODIVERSITY - 2026 IUCN Red List species, critically endangered and endangered (located in a 10 km radius of the project center) 17 Designated protected area or key biodiversity area (KBA) covering all or part of the project area Quisco Coquimbano COMMUNITY AND HUMAN RIGHTS - 2026 Human Rights Policy Yes Modern Slavery Disclosure Report Grievance Mechanism Yes 1. Based on Skarn Associates Gold Industry ranking curves for 2024. INTRODUCTION ABOUT ROYAL GOLD GOVERNANCE OUR PEOPLE OPERATORS AND COMMUNITIES INVESTMENT STEWARDSHIP APPENDICES Royal Gold | 2025-2026 Investment Stewardship Report 13