Brief History of Portfolio Additions – Last 10 Years (Cont’d) Producing Development Evaluation 2020 ALTURAS Chile OPERATOR Boroo Pte. Ltd. ACQUISITION COST Up to $41 million (2) TERM Life of mine ROYALTY INTERESTS Up to a 1.06% NSR royalty (gold) and up to a 1.59% NSR royalty (copper) (2) 2021 CÔTÉ GOLD Canada OPERATOR IAMGOLD Corporation ACQUISITION COST $75 million TERM Life of mine ROYALTY INTEREST 1.0% NSR royalty XAVANTINA Brazil OPERATOR Ero Copper Corp. ACQUISITION COST $110 million (3) TERM Life of mine STREAM INTEREST 25% of gold produced (4) RED CHRIS Canada OPERATOR Newmont Corporation ACQUISITION COST $165 million TERM Life of mine ROYALTY INTEREST 1.0% NSR royalty (2) Total consideration for the Alturas royalty is up to $41 million, of which $11 million was paid on January 29, 2020. A future payment of up to $20 million is conditioned based on a project construction decision by Boroo Pte Ltd. and the size of the mineable mineralized material on the date of the construction decision. A further future payment of up to $10 million will be made upon first production from the mining concessions. (3) Includes $10 million based on exploration drilling and results. (4) The stream rate for Xavantina is 25% of gold produced until 160,000 ounces have been delivered, then 10% thereafter. Royal Gold | 2025/2026 Asset Handbook 21 2020 2021 2021 2021 INTRODUCTION ATTRIBUTES OF OUR BUSINESS PORTFOLIO OVERVIEW EXPECTED PERFORMANCE AND OUTLOOK PORTFOLIO DETAILS REFERENCE MATERIALS