70 ROYAL GOLD, INC. | INVESTOR PRESENTATION | APRIL 2025 Mineral Resources and Reserves for Portfolio Assets COPPER RESOURCES (M) + (I) Metallurgical Current Stream/ Tonnes Grade Contained Tonnes Grade Contained Contained Tonnes Grade Contained Recovery Property Category Royalty Interest (kt) (%) (Mlb) (kt) (%) (Mlb) (Mlb) (kt) (%) (Mlb) (%) Footnotes Mount Milligan Principal 35% of Payable Gold, 18.75% of Payable Copper 118,289 0.17 433 141,571 0.13 418 851 7,795 0.14 24 Undisclosed 3 Johnson Camp Producing 2.5% NSR — — — — — — — 55,818 0.38 472 48% 91 Red Chris Producing 1.0% NSR — — — 478,143 0.37 3,900 3,900 88,714 0.36 704 81% 24 Voisey's Bay Producing 2.7% NVR 1,124 0.99 25 881 1.05 20 45 7,523 0.80 133 80-85% 92 Don Mario Development 3.0% NSR 135 1.75 5 4,422 0.50 49 54 1,671 0.38 14 Undisclosed 37 Kutcho Creek Development 2.0% NSR 103 1.64 4 413 6.62 60 64 2,145 1.22 58 87.6-94.5% 40 Las Cruces Development 1.5% NSR (copper only) 4,900 2.07 223 900 2.84 56 280 9,400 1.08 224 Undisclosed 93 Ming Development 1.0% NSR 241 2.40 13 74 1.98 3 16 62 1.75 2 Undisclosed 44 NuevaUnión Development 1.4% NSR 2,880 0.42 27 71,010 0.51 798 825 205,586 0.30 1,364 89% 45 Berg Evaluation 1.0% NSR 34,000 0.31 232 976,000 0.23 4,949 5,181 542,000 0.17 2,031 82% 51 Bronson Slope Evaluation 1.0% NSR — — — — — — — 155,190 0.09 317 Variable 52 Caber Evaluation 1.0% NSR 800 1.10 19 700 1.20 19 38 20 1.00 0 Undisclosed 55 High Lake Evaluation 1.5% NSR — — — 7,900 3.00 522 522 6,000 1.80 238 89% 60 Jaguar Evaluation 1.5% NSR — — — 1,300 0.50 14 14 400 0.30 3 76% 63 Los Chancas Evaluation 0.375% NSR — — — 150,000 0.50 1,648 1,648 1,433,000 0.45 14,165 82-84% 94 Niblack Evaluation 1.0% to 3.0% NSR — — — 5,851 0.94 121 121 214 0.93 4 94% 69 North Island Evaluation 10.0% NPI — — — 513,164 0.19 2,183 2,183 444,905 0.15 1,431 86% 71 Pascua-Lama Evaluation 0.81% to 5.45% NSR (gold), 1.09% NSR (copper) 35,156 0.10 77 276,452 0.09 559 636 15,400 0.05 18 Undisclosed 74 Quinns Austin Evaluation 1.5% NSR 463 1.22 12 703 0.97 15 28 318 0.85 6 Undisclosed 77 Rock Creek Evaluation 1.0% NSR — — — — — — — 90,796 0.66 1,317 92% 90 Schaft Creek Evaluation 3.5% NPI 166,000 0.32 1,171 1,127,200 0.25 6,213 7,384 316,700 0.19 1,327 87% 80 Temora Evaluation 12.5% NPI — — — 25,000 0.34 187 187 215,000 0.30 1,422 Undisclosed 83 LEAD RESOURCES (M) + (I) Metallurgical Current Stream/ Tonnes Grade Contained Tonnes Grade Contained Contained Tonnes Grade Contained Recovery Property Category Royalty Interest (kt) (%) (Mlb) (kt) (%) (Mlb) (Mlb) (kt) (%) (Mlb) (%) Footnotes Peñasquito Principal 2.0% NSR 37,400 0.28 231 157,300 0.24 832 1,063 22,800 0.24 121 72% 4 High Lake Evaluation 1.5% NSR — — — 7,900 0.30 52 52 6,000 0.40 53 81% 60 San Juan Silver (Bulldog) Evaluation 3.0% NSR, 1.0% NSR — — — — — — — 2,341 1.40 72 74% 79 Measured Indicated Inferred Measured Indicated Inferred