12 ROYAL GOLD, INC. | INVESTOR PRESENTATION | MAY 2025 175 Properties 1 17 Countries Global Portfolio Positioned in Low-Risk Jurisdictions 40 Producing 19 Dev. 50 Evaluation 66 Exploration ~60% 2024 revenue from Tier 1 jurisdictions • 35% Canada • 17% United States • 4% Australia Exposure across mining lifecycle supports optionality and revenue growth potential 1 – As of March 31, 2025.