PORTFOLIO OVERVIEW Global Portfolio Map Royal Gold’s portfolio is globally diverse, with concentrations in established mining jurisdictions. 364 Total Properties (1) ò 81 Producing (including Principal Properties) ò 29 Development 76 Exploration (not shown on map; excludes evaluation properties) ò 5 Principal 178 Evaluation (not shown on map) PRINCIPAL PROPERTIES ANDACOLLO Region IV, Chile CORTEZ Nevada, United States MOUNT MILLIGAN British Columbia, Canada PUEBLO VIEJO Sánchez Ramírez, Dominican Republic KANSANSHI North-Western Province, Zambia (1) As of December 31, 2025. Royal Gold | 2025/2026 Asset Handbook 13 1 2 3 4 5 INTRODUCTION ATTRIBUTES OF OUR BUSINESS PORTFOLIO OVERVIEW EXPECTED PERFORMANCE AND OUTLOOK PORTFOLIO DETAILS REFERENCE MATERIALS