70 ROYAL GOLD, INC. | INVESTOR PRESENTATION | FEBRUARY 2025 Mineral Resources and Reserves for Portfolio Assets COBALT RESERVES Metallurgical Current Stream/ Tonnes Grade Contained Tonnes Grade Contained Tonnes Grade Contained Recovery Property Category Royalty Interest (kt) (%) (Mlb) (kt) (%) (Mlb) (kt) (%) (Mlb) (%) Footnotes Voisey's Bay Producing 2.7% NVR 15,539 0.10 34 15,549 0.12 41 31,088 0.11 75 68-86% 92 COAL RESERVES Metallurgical Current Stream/ Recovery Property Category Royalty Interest (%) Footnotes Skyline Producing 1.412988% GV (coal) Undisclosed 97 POTASH RESERVES Metallurgical Current Stream/ Tonnes K O Grade Contained KCl Tonnes K O Grade Contained KCl Tonnes K O Grade Contained KCl Recovery Property Category Royalty Interest (kt) (%) (k tons) (kt) (%) (k tons) (kt) (%) (k tons) (%) Footnotes Allan Producing $0.36 to $1.44 per ton (potash), $0.25 per ton (potash) 37,600 24.70 16,782 97,600 24.70 43,562 135,200 24.70 60,344 100% 99 Proven Probable Proven and Probable 6,895 — Proven Probable 6,895 Proven and Probable Tonnes (kt) Tonnes (kt) Tonnes (kt) Proven Probable Proven and Probable