Principal Property Performance Mount Milligan Pueblo Viejo Cortez Andacollo Kansanshi 2025 Revenue Percentage 22% 13% 7% 8% 3% Jurisdiction and Company RepRisk ESG reputational risk rating - country Low High Moderate Moderate Very High RepRisk ESG reputational risk rating - company Low High Low Low Moderate Corruption Perception Index quartile ranking 1st Quartile 3rd Quartile 1st Quartile 1st Quartile 3rd Quartile Energy and Climate Corporate emission reduction targets publicly reported No Yes Yes Yes No GHG emissions intensity (tCO 2 e/GEO) quartile ranking 1 1st 4th 2nd 1st NA Total energy intensity (GJ/GEO) quartile ranking 1 4th 4th 3rd 4th NA Water Water stress rating by Aqueduct Water Risk Atlas Low Low-Medium Extremely High Extremely High N/A Water consumption intensity (m 3 /GEO) quartile ranking 1 4th 4th 1st 4th N/A Water consumption Intensity (m 3 /t ore processed) quartile ranking 1 1st 4th 1st 2nd N/A Biodiversity IUCN Red List species (critically endangered + endangered) 1 33 2 17 21 Designated protected area or KBAs covering all or part of project’s active footprint None Aniana Vargas National Park None Quisco Coquimbano None Safe Operation Number of fatal accidents in 2025 0 0 1 0 0 Tailing management disclosure Yes Yes Yes Yes Yes Workforce and Communities Human rights policy Yes Yes Yes Yes Yes Modern slavery disclosure Report Report Report Report Report Grievance mechanism Yes Yes Yes Yes Yes 1. Based on Skarn Associates Gold Industry ranking curves for 2024 2. An “N/A” indicates that 2024 data associated with Kansanshi is not reported as the asset was not part of the Royal Gold portfolio. We expect to fully report detailed data for Kansanshi in next year’s report. INTRODUCTION ABOUT ROYAL GOLD GOVERNANCE OUR PEOPLE OPERATORS AND COMMUNITIES INVESTMENT STEWARDSHIP APPENDICES Royal Gold | 2025-2026 Investment Stewardship Report 79