Mineral Property/Operator Year 1 Royal Gold Net GEOs 2 (%) Operator Emission Estimates 4 Operator Emission Intensity 2, 4 GHG Emissions Intensity Quartile Ranking 8 RGLD Attributed Emissions 5 Scope 1 Scope 2 Scope 1 & 2 Scope 1 Scope 2 Scope 1 & 2 Scope 1 Scope 2 Scope 1 & 2 (tCO 2 e) (tCO 2 e/GEO) (tCO 2 e) Robinson 2019 1.9% 149,061 329,614 478,675 0.64 1.42 2.07 3,276 7,244 10,519 KGHM International Ltd. 2020 2.2% 146,962 324,972 471,933 0.75 1.66 2.41 4,500 9,952 14,452 2021 1.8% 146,962 324,972 471,933 0.60 1.32 1.92 3,117 6,891 10,008 2022 1.9% 146,962 324,972 471,933 0.70 1.55 2.25 3,540 7,827 11,367 2023 1.5% 104,973 232,123 337,095 0.82 1.81 2.62 3,116 6,890 10,005 2024 2.5% 146,962 368,973 515,935 0.63 1.59 2.23 4th 4,120 10,344 14,465 Skyline 2019 0.3% NR NR NR NR NR NR NR NR NR Wolverine Fuels, LLC 2020 0.3% NR NR NR NR NR NR NR NR NR 2021 0.1% NR NR NR NR NR NR NR NR NR 2022 0.05% NR NR NR NR NR NR NR NR NR 2023 0.3% NR NR NR NR NR NR NR NR NR 2024 0.3% NR NR NR NR NR NR NR NR NR NR South Laverton 3 2019 1.1% 87,006 0.00 87,006 0.44 0.00 0.44 1,342 0 1,342 Northern Star Resources Ltd. 2020 2.2% 96,570 0.00 96,570 0.45 0.00 0.45 2,708 0 2,708 2021 1.9% 150,238 0.00 150,238 0.59 0.00 0.59 3,244 0 3,244 2022 1.3% 166,156 0.00 166,156 0.85 0.00 0.85 2,933 0 2,933 2023 1.4% 151,848 0.00 151,848 0.61 0.00 0.61 2,282 0 2,282 2024 1.4% 137,263 0.00 137,263 0.55 0.00 0.55 2nd 2,057 0 2,057 Southern Cross 2019 0.4% 40,369 57,690 98,059 0.25 0.36 0.61 269 384 653 Shandong Tianye Group 2020 0.3% 37,907 46,214 84,121 0.23 0.29 0.52 210 256 466 2021 0.3% 35,834 53,765 89,599 0.22 0.33 0.55 212 317 529 2022 0.3% 33,077 83,735 116,812 0.20 0.52 0.72 155 392 547 2023 0.3% 33,077 83,735 116,812 0.20 0.51 0.71 164 416 581 2024 0.4% 33,077 68,310 101,387 0.20 0.42 0.62 3rd 200 414 615 INTRODUCTION ABOUT ROYAL GOLD GOVERNANCE OUR PEOPLE OPERATORS AND COMMUNITIES INVESTMENT STEWARDSHIP APPENDICES Royal Gold | 2025-2026 Investment Stewardship Report 111
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