Property Location Ownership Royalty Rate Joannès Lake Canada Bullion Gold Resources Corp. 2.0% NSR Justin Canada Aben Gold Corp. 2.0% NSR Keno Hill Canada Hecla Mining Company 25% NPI Kizmet Canada Centerra Gold Inc. 1.0% NSR (18) KM61 Canada Antler Gold Inc. 0.25% NSR Lac Manitou Canada EGR Exploration Ltd. 1.0% NSR Maidens Lake Canada Canadian Silver Hunter Inc. 2.0% NSR Mainstreet Canada Agnico Eagle Mines Limited 1.2% NSR Mann Lake Canada Basin Uranium Corp. 2.5% NSR (19) Marathon (Bermuda) Canada Generation Mining Limited 0.5% NSR and 1.0% NSR (20) McKenzie Red Lake Canada Evolution Mining Limited 1.0% NSR ML Canada Prospector Metals Corp. 2.0% NSR Monument Canada Equity Metals Corporation/ Archon Minerals Limited 1.0% GV Moore Lake Canada Skyharbour Resources Ltd. 2.5% NSR (21) More Creek Canada Tower Resources Ltd. 2.0% NSR (22) Nechako Canada Tower Resources Ltd. 2.0% NSR (23) New Afton Canada New Gold Inc. 2.0% NSR (24) Newman-Madsen Canada West Red Lake Gold Mines Ltd. 0.5% NSR Nighthawk Lake Canada Imperial Metals Corporation/ Rainy Mountain Royalty Corp./ Thunder Gold Corp. 2.5% NSR (25) Northgate Canada Argo Gold Inc. 1.0% NSR Pakwash Canada Renegade Gold Inc. 1.0% NSR Pickle Lake #2 Canada PC Gold Inc. 1.0% NSR Rabbit North Canada Tower Resources Ltd. 2.0% NSR (26) RDN Canada Galore Creek Mining Corporation 0.5% NSR Red Lake Canada Evolution Mining Limited 1.0% NSR Schaft Creek North Canada Teck Resources Ltd. 2.0% NSR (27) Sheerness Canada WestMET Group Canada Ltd. 5.0% GRR (coal and other minerals) Skinner Canada Prosper Gold Corp. 7.5% NPI (28) Summit Lake (Marshall Lake) Canada Copper Lake Resources Ltd 1.9% NSR (29) TAK Canada 1000903966 Ontario Inc. 5.0% NSR (30) Tami (KSP) Canada Skeena Resources Limited 2.0% NSR Ten Mile Creek (Val-Jual) Canada Private 1.5% NSR Tilly Canada Renegade Gold Inc. 0.5% NSR (18) Operator has the option to purchase the entire 1.0% NSR for $1 million prior to the development of a mine on the property. (19) Operator has the option to purchase 1.5% of the 2.5% NSR for $1 million. (20) The 1.0% NSR commences once minimum combined total of 2.5M oz of platinum, palladium and gold has been produced. (21) Operator has the option to purchase 1.25% of the 2.5% NSR for $1 million at any time prior to a production decision or within 30 days thereafter. (22) Operator has the option to purchase 1.0% of the 2.0% NSR for C$500,000 before March 14, 2027. (23) Operator has the option to purchase 1.0% of the 2.0% NSR for C$500,000 before March 14, 2027. (24) Operator has the option to purchase all of the 2.0% NSR for C$12 million. (25) Operator may purchase 1.5% of the 2.5% NSR at any time for C$1.5 million. (26) Operator has the option to purchase 1.0% of the 2% NSR for C$500,000 before March 14, 2027. (27) Operator has the option to purchase 1.0% of the 2.0% NSR for $1.5 million. (28) Royalty is capped at $450,000. (29) Operator may reduce the 1.9% NSR to a minimum of 0.90% by paying $2 million prior to December 31, 2011; and if purchased after December 31, 2011, $2 million is escalated at 10% per year beginning in 2012. (30) Operator has the right to purchase 2.5% of the 5.0% NSR at any time for $1 million. 190 Royal Gold | 2025/2026 Asset Handbook INTRODUCTION ATTRIBUTES OF OUR BUSINESS PORTFOLIO OVERVIEW EXPECTED PERFORMANCE AND OUTLOOK PORTFOLIO DETAILS REFERENCE MATERIALS