Global Portfolio Map Royal Gold’s portfolio is globally diverse, with concentrations in established mining jurisdictions. 364 Total Properties 1 81 Producing (including Principal Properties) 29 Development 5 Principal 76 Exploration (not shown on map; excludes evaluation properties) 178 Evaluation (not shown on map) Principal Assets 1 ANDACOLLO Coquimbo, Chile 2 CORTEZ Nevada, USA 3 MOUNT MILLIGAN British Columbia, Canada 4 PUEBLO VIEJO Sánchez Ramírez, Dominican Republic 5 KANSANSHI North-Western Province, Zambia 1. As of December 31, 2025. INTRODUCTION ABOUT ROYAL GOLD GOVERNANCE OUR PEOPLE OPERATORS AND COMMUNITIES INVESTMENT STEWARDSHIP APPENDICES Royal Gold | 2025-2026 Investment Stewardship Report 11