36 ROYAL GOLD, INC. | INVESTOR PRESENTATION | JUNE 2025 US Domicile and Register are Unique Top 5 42% Top 6-10 13% Top 11-20 8% Other Identifiable 27% Remainder 10% U.S. BASED • Only U.S. based streaming and royalty company • Member of >200 U.S. indices • 66M shares outstanding; lowest in the GDX index Register Breakdown Source: NASDAQ, per 13-F filings; March 31, 2025 or as available. Dominant Orientation Retail 10% Passive 43% Active 47%
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