34 ROYAL GOLD, INC. | INVESTOR PRESENTATION | JANUARY 2026 Experienced Independent Directors Highly capable, independent board, with deep experience across the gold sector William Hayes Fabiana Chubbs Independent Director Independent Director Chair of the Board Retired EVP Project Development and Corporate Affairs Placer Dome Retired CFO Eldorado Gold Jamie Sokalsky Ronald Vance Sybil Veenman Retired Director and President and CEO Barrick Gold Retired SVP Corporate Development Teck Resources Retired General Counsel Barrick Gold Independent Director Independent Director Independent Director Mark Isto Retired EVP and COO of Royal Gold Corp. Non-Independent Director
January 2026 Investor Presentation Page 33 Page 35