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) Leeville (North) 3 2019 0.3% 2,277,984 742,215 3,020,199 1.32 0.43 1.76 1,123 366 1,489 Nevada Gold Mines LLC 2020 0.3% 1,749,640 526,175 2,275,816 1.05 0.32 1.37 976 294 1,270 (Scope 1 emissions included portions of emissions from the Western 102 and TS power plants.) 2021 1.0% 1,792,700 320,000 2,112,700 1.19 0.21 1.41 3,519 628 4,147 2022 0.9% 1,924,900 148,000 2,072,900 1.17 0.09 1.26 2,731 210 2,941 2023 1.1% 1,758,200 96,000 1,854,200 1.25 0.07 1.31 3,678 201 3,879 2024 1.3% 1,928,400 85,155 2,013,555 1.53 0.07 1.60 4th 5,089 225 5,314 Manh Choh 2019 0.0% NR NR NR NR NR NR NR NR NR Kinross Gold Corporation 2020 0.0% NR NR NR NR NR NR NR NR NR 2021 0.0% NR NR NR NR NR NR NR NR NR 2022 0.0% NR NR NR NR NR NR NR NR NR 2023 0.0% NR NR NR NR NR NR NR NR NR 2024 1.7% 256,859 220,425 477,284 0.54 0.46 0.99 4th 2,397 2,057 4,453 Mara Rosa 2019 0.0% NR NR NR NR NR NR NR NR NR Hochschild Mining plc 2020 0.0% NR NR NR NR NR NR NR NR NR 2021 0.0% NR NR NR NR NR NR NR NR NR 2022 0.0% NR NR NR NR NR NR NR NR NR 2023 0.0% NR NR NR NR NR NR NR NR NR 2024 0.7% 16,141 5,726 21,867 0.25 0.09 0.34 1st 455 162 617 Marigold 3 2019 1.5% 101,861 10,284 112,145 0.46 0.05 0.51 1,869 189 2,058 SSR Mining Inc. 2020 1.7% 138,792 10,616 149,408 0.59 0.05 0.64 2,741 210 2,951 2021 1.6% 152,504 12,906 165,410 0.65 0.05 0.70 3,022 256 3,278 2022 1.3% 150,063 16,622 166,685 0.65 0.07 0.72 2,210 245 2,455 2023 1.0% 132,143 18,973 151,115 0.51 0.07 0.58 1,340 192 1,532 2024 1.3% 131,928 23,768 155,697 0.78 0.14 0.93 3rd 2,658 479 3,137 INTRODUCTION ABOUT ROYAL GOLD GOVERNANCE OUR PEOPLE OPERATORS AND COMMUNITIES INVESTMENT STEWARDSHIP APPENDICES Royal Gold | 2025-2026 Investment Stewardship Report 109
2025–2026 Investment Stewardship Report Page 108 Page 110