2025 Revenue Breakdown Royal Gold | 2025/2026 Asset Handbook 29 67% 33% 22% 17% 10% 8% 7% 5% 5% 3% 3% 2% 18% 22% 13% 8% 7% 7% 7% 5% 5% 3% 3% 22% Centerra Barrick Newmont Teck New Gold Chifeng MMG First Quantum Ero Copper Kinross Other Mount Milligan Pueblo Viejo Andacollo Rainy River Peñasquito Cortez Wassa Khoemacau Kansanshi Xavantina Other 33% 14% 13% 8% 8% 5% 5% 4% 4% 3% 3% Canada United States Dominican Republic Chile Mexico Ghana Botswana Australia Brazil Zambia Other 78% 12% 7% 3% BY BUSINESS SEGMENT BY METAL BY OPERATOR BY MINE TYPE BY MINE BY COUNTRY 58% 22% 19% 2% Gold Gold/Copper Copper Other Gold Copper Silver Other Royalty Stream INTRODUCTION ATTRIBUTES OF OUR BUSINESS PORTFOLIO OVERVIEW EXPECTED PERFORMANCE AND OUTLOOK PORTFOLIO DETAILS REFERENCE MATERIALS