Mineral Resources and Reserves GOLD RESERVES Andacollo(1) Principal 122,300 0.10 393 112,500 0.10 362 234,800 0.10 755 62 % Cortez(2) Principal 2,600 1.91 160 143,000 2.76 12,680 145,600 2.74 12,840 Undisclosed Mount Milligan(4) Principal 179,919 0.31 1,773 290,413 0.27 2,522 470,332 0.28 4,295 65 % Pueblo Viejo(5) Principal 54,000 2.19 3,800 130,000 2.03 8,500 184,000 2.08 12,300 82 % Aurizona(6) Producing 16,581 1.39 740 15,749 1.82 920 32,330 1.60 1,660 Undisclosed Back River Gold District(7) Producing – – – 10,930 6.75 2,372 10,930 6.75 2,372 93 % Bayan Khundii(8) Producing 2,700 4.15 360 1,300 3.67 154 4,000 3.99 514 93 % Bellevue(9) Producing – – – 8,570 4.68 1,290 8,570 4.68 1,290 94 % Bonikro(11) Producing 6,021 0.76 147 5,961 1.55 297 11,982 1.15 444 Undisclosed Canadian Malartic(12) Producing 13,953 0.40 181 – – – 13,953 0.40 181 90 % Côté Gold(15) Producing 89,423 1.07 3,063 70,999 0.91 2,076 160,422 1.00 5,139 92 % El Limón(17) Producing – – – 4,313 5.03 697 4,313 5.03 697 89-91% Fruta del Norte(18) Producing 7,854 9.92 2,506 17,805 5.83 3,339 25,659 7.09 5,845 91 % Goldstrike(19) Producing 16,036 2.23 1,152 – – – 16,036 2.23 1,152 76.3 - 78.84% Greenstone(21) Producing 6,817 1.16 255 137,846 1.23 5,445 144,663 1.23 5,700 Undisclosed Gwalia(23) Producing 310 5.62 56 21,400 3.05 2,100 21,710 3.09 2,156 91-96.3% Houndé(24) Producing 1,920 1.10 68 31,600 1.43 1,449 33,520 1.41 1,517 90 % King Of The Hills(25) Producing 18,300 0.44 261 110,300 0.65 2,321 128,600 0.62 2,582 92 % Lamaque(26) Producing 339 5.70 62 420 6.58 89 760 6.19 151 96 % LaRonde Zone 5(27) Producing 4,450 2.10 301 4,523 2.30 334 8,973 2.20 635 95 % Leeville(28) Producing – – – 4,513 7.66 1,112 4,513 7.66 1,112 76 % Manh Choh(29) Producing 526 3.97 67 2,379 7.40 566 2,904 6.78 633 Undisclosed Mara Rosa(30) Producing 5,140 1.22 202 18,169 1.13 663 23,309 1.15 865 Undisclosed Marigold(31) Producing – – – 80,338 0.44 1,147 80,338 0.44 1,147 75 % Meekatharra(32) Producing 391 3.42 43 7,172 2.71 624 7,563 2.74 667 85-92% Mercedes(33) Producing 9 3.46 1 419 3.93 53 428 3.92 54 94 % Peñasquito(35) Producing 84,400 0.55 1,500 136,600 0.39 1,700 221,000 0.45 3,200 61 % Rainy River(37) Producing 16,915 0.44 240 37,595 1.64 1,986 54,510 1.27 2,226 95 % Red Chris(38) Producing 3,714 0.32 38 255,571 0.63 5,143 259,286 0.62 5,181 69 % Santa Elena(40) Producing 238 1.44 11 930 1.24 37 1,168 1.28 48 97 % South Laverton(41) Producing 8,987 1.28 370 3,807 3.53 432 12,794 1.95 802 83 % Twin Creeks(42) Producing 535 3.16 54 – – – 535 3.16 54 Undisclosed Ulysses(43) Producing 1,270 3.13 128 2,220 3.05 218 3,490 3.08 346 88 % Wassa(44) Producing 3,140 2.18 220 4,905 2.10 331 8,045 2.13 551 96 % Wharf(45) Producing 4,749 1.11 169 18,216 0.91 530 22,965 0.95 700 79 % Williams(46) Producing – – – 18,554 1.44 861 18,554 1.44 861 86-95% Xavantina(49) Producing 221 6.49 46 1,875 6.97 420 2,096 6.92 466 93 % Bateman Gold(52) Development – – – 320 6.07 62 320 6.07 62 88 % Castelo de Sonhos(54) Development – – – 38,700 1.09 1,360 38,700 1.09 1,360 98 % Don Mario(55) Development 2,057 1.83 121 – – – 2,057 1.83 121 Undisclosed Hasbrouck Mountain(56) Development 5,561 0.70 126 25,618 0.55 452 31,179 0.58 578 40-80% Hod Maden(57) Development 1,370 22.25 980 6,340 4.51 920 7,710 7.66 1,900 87 % Horne 5(58) Development – – – 80,900 1.44 3,745 80,900 1.44 3,745 Undisclosed Karma(59) Development – – – 5,886 1.06 200 5,886 1.06 200 Undisclosed Kirazli(60) Development 670 1.16 25 33,191 0.68 727 33,861 0.69 752 81 % Kundip(61) Development – – – 3,950 1.73 220 3,950 1.73 220 95 % Kutcho Creek(62) Development 1,700 0.37 20 4,310 0.51 71 6,010 0.47 92 58-66% La India(63) Development – – – 7,320 2.56 602 7,320 2.56 602 91 % Proven Probable Proven and Probable Metallurgical Tonnes Grade Contained Tonnes Grade Contained Tonnes Grade Contained Recovery Property Category (kt) (g/t) (koz) (kt) (g/t) (koz) (kt) (g/t) (koz) (%) 196 Royal Gold | 2025/2026 Asset Handbook INTRODUCTION ATTRIBUTES OF OUR BUSINESS PORTFOLIO OVERVIEW EXPECTED PERFORMANCE AND OUTLOOK PORTFOLIO DETAILS REFERENCE MATERIALS