23 ROYAL GOLD, INC. | INVESTOR PRESENTATION | FEBRUARY 2025 Portfolio Interests are Weighted Toward Established Mining Camps of total 2024 revenue 26% Producing* Development* Evaluation* Exploration* royalty interests 12 of total 2024 revenue 15% royalty interests 37 * Only portions of map showing. For full distribution of properties see our Asset Handbook royalty interests 6 royalty interests 29 stream and royalty interests 14 ~50% of 2024 revenue and >50% of total property interests are in established mining regions