INVESTOR DAY 2026 Attributable Gold Equivalent Ounces Proven & Probable Measured & Indicated Inferred 2045 Mount Milligan 46 Producing CENTERRA GOLD British Columbia, Canada Stream Terms 35% of payable gold Ongoing payment: $435/oz Au + Cost-Support Payments 1 18.75% of payable copper Ongoing payment: 15% of spot price of Cu + Cost-Support Payments 1 1,407 koz 563 koz 90 koz Mine Life Further growth potential with life of mine extension to 2045 1) Refer to Royal Gold’s 2025/2026 Asset Handbook for additional detail on the Cost-Support Payments.