DOMINICAN REPUBLIC Pueblo Viejo Pueblo Viejo is an open-pit gold mine owned by a joint venture in which Barrick Mining Corporation holds a 60% interest (and is the operator) and Newmont Corporation holds the remaining 40% interest. The mine is located in the central part of the Dominican Republic in the province of Sánchez Ramírez. OPERATOR Barrick Mining Corporation MINERALIZATION STYLE High-Sulfidation Epithermal Au-Ag MINE TYPE Open-pit METAL(S) Gold, Silver PRODUCT Doré PRODUCT 7.5% of Payable Gold, 75.0% of Payable Silver CURRENT ONGOING PAYMENT 30% spot for Gold, 30% spot for Silver YEAR OF ACQUISITION 2015 TERM OF STREAM Life of Mine MINE LIFE 2049 (1) Operational Overview Pueblo Viejo achieved commercial production in January 2013 and completed its ramp-up to full initial design capacity in 2014, with construction of a further plant expansion substantially completed in 2024. Pueblo Viejo consists of two main open-pits, Moore and Monte Negro, plus a smaller satellite pit, Cumba, and is mined by conventional truck-and-shovel methods. The Pueblo Viejo ore is refractory and contains gold and silver associated with pyrite. Whole ore (i.e. not subjected to flotation) and flotation concentrate is fed to the autoclaves for pressure oxidation and subsequently treated in a CIL circuit. Flotation tailings (not pressure oxidized) are sent to a separate CIL circuit. Carbon acid wash, elution, electrowinning and smelting produces gold and silver doré bars. The expanded processing plant design capacity is 38,000 tpd . 2026 OPERATOR GUIDANCE 350,000 to 400,000 ounces of gold (Barrick’s 60% interest). Barrick does not provide estimated silver production. (2) LONGER-TERM OPERATOR OUTLOOK Detail not publicly disclosed by operator. (1) Source: Barrick, December 31, 2025, Technical Report: Based on existing reserves and additional tailings capacity from the new Naranjo TSF, open-pit mining operations are expected to continue through 2048 with limestone re-handling and processing continuing through 2049. (2) Source: Barrick, February 5, 2026, Press Release. Royal Gold | 2025/2026 Asset Handbook 45 STREAM INTRODUCTION ATTRIBUTES OF OUR BUSINESS PORTFOLIO OVERVIEW EXPECTED PERFORMANCE AND OUTLOOK PORTFOLIO DETAILS REFERENCE MATERIALS
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