76 ROYAL GOLD, INC. | INVESTOR PRESENTATION | JANUARY 2025 Mineral Resources and Reserves for Portfolio Assets GOLD RESOURCES (Continued from previous page) (M) + (I) Metallurgical Current Stream/ Tonnes Grade Contained Tonnes Grade Contained Contained Tonnes Grade Contained Recovery Property Category Royalty Interest (kt) (g/t) (koz) (kt) (g/t) (koz) (koz) (kt) (g/t) (koz) (%) Footnotes Lawyers Evaluation 0.5% NSR 35,987 1.10 1,268 41,764 1.02 1,373 2,641 6,616 1.21 258 92% 65 Long Valley Evaluation 1.0% NSR — — — 63,699 0.59 1,217 1,217 22,051 0.64 453 80-90% 66 Meekatharra – Sabbath Evaluation A$1.00/tonne — — — 51 1.98 3 3 73 2.14 5 92% 67 Mt. Fisher Evaluation A$5.00/oz (gold only) 53 3.78 6 165 3.24 17 24 310 2.57 26 Undisclosed 68 Niblack Evaluation 1.0% to 3.0% NSR — — — 5,851 1.84 346 346 214 1.51 10 72% 69 Nieves Evaluation 2.0% NSR — — — 33,040 0.04 43 43 58,030 0.04 74 80% 70 North Island Evaluation 10.0% NPI — — — 513,164 0.26 4,368 4,368 444,905 0.21 2,956 47% 71 Nutmeg Mountain Evaluation 1.0% to 2.0% NSR — — — 51,660 0.61 1,006 1,006 17,860 0.48 275 80% 72 Paddington Evaluation 1.75% NSR (gold only) — — — — — — — 380 2.46 30 Undisclosed 73 Pascua-Lama Evaluation 0.81% to 5.45% NSR (gold), 1.09% NSR (copper) 35,156 1.66 1,880 276,452 1.41 12,500 14,380 15,400 1.74 863 Undisclosed 74 Phillips Find Evaluation A$10.00/oz (gold only) — — — 540 2.40 42 42 193 2.08 13 Undisclosed 75 Pinnacles Evaluation 1.5% NSR — — — 310 4.11 41 41 299 3.85 37 Undisclosed 76 Quinns Austin Evaluation 1.5% NSR 463 0.30 4 703 0.22 5 9 318 0.18 2 Undisclosed 77 Red October Evaluation 1.5% NSR 105 8.29 28 608 5.37 105 133 635 5.44 111 Undisclosed 78 San Juan Silver (Bulldog) Evaluation 3.0% NSR, 1.0% NSR — — — — — — — 2,341 0.45 34 Undisclosed 79 Schaft Creek Evaluation 3.5% NPI 166,000 0.20 1,067 1,127,200 0.15 5,436 6,503 316,700 0.14 1,425 73% 80 Shasta Evaluation 0.5% NSR — — — 12,578 0.99 401 401 15,432 0.77 382 95% 81 Tambor Evaluation 4.0% NSR — — — 456 3.94 58 58 596 4.91 94 Undisclosed 82 Temora Evaluation 12.5% NPI — — — 25,000 0.47 381 381 215,000 0.26 1,827 Undisclosed 83 Ulu Evaluation 5.0% NSR — — — 2,500 7.53 605 605 1,261 5.57 226 90% 84 Van Uden Evaluation 1.5% NSR 326 1.72 18 1,601 1.52 78 96 3,451 1.28 142 Undisclosed 85 Wallbrook Evaluation 1.5% NSR — — — 394 1.77 22 22 514 1.59 26 98% 86 Wildcat Evaluation 1.0% to 2.0% NSR — — — 60,000 0.39 746 746 22,500 0.29 210 52-73% 87 Wolverine Evaluation 0.0% to 9.445% NSR (gold and silver only) 553 1.40 25 911 1.49 44 69 539 1.37 24 Undisclosed 88 TOTAL GOLD RESOURCES 14,180 83,030 97,211 61,757 Inferred Measured Indicated