Experienced Team Reduces Management Risk Board of Directors Senior Management F ABI ANA Chubbs Independent Director Retired CFO at Eldorado Gold MARK Isto Non-Independent Director Retired EVP, COO at Royal Gold Corp. W IL L I AM Hayes Independent Director Retired EVP Project Development and Corporate Affairs at Placer Dome Non-Independent Director President and CEO of Royal Gold, Inc. W IL L I AM Heissenbuttel SVP, Operations MART I N Raffield SVP and CFO PAUL Libner SVP and General Counsel RANDY Shefman SVP, Corporate Development, RGLD Gold AG DAN Breeze Independent Director Retired SVP, Corporate Development at Teck Resources RO NAL D Vance Independent Director Retired Director, President and CEO at Barrick Gold JAMI E Sokalsky Independent Director Retired General Counsel at Barrick Gold SYBI L Veenman SVP, Investor Relations and Business Development, Royal Gold Corp. AL I ST AI R Baker SVP, Strategy and Business Development, Royal Gold Corp. J ASO N Hynes VP, Investment Stewardship AL L I SO N Forrest VP, Corporate Secretary and Chief Compliance Officer DAVI D Crandall C H A I R M A N