Property Location Ownership Royalty Rate Rakounga Burkina Faso Nexus Gold Corp. 1.0% NSR Amelia (Caramelia) Canada Ximen Mining Corp. 2.0% NSR Argosy Canada Pinnacle Silver and Gold Corp. 0.5% NSR (9) Ashmore Canada Quaternary Mining & Exploration Company Limited 1.5% NSR Ball Creek East Canada Orogen Royalties Inc. 2.0% NSR (10) Ball Creek West Canada Kingfisher Metals Corp. 2.0% NSR (11) Big Bulk Canada LCT Holdings Inc. 1.5% NSR (12) Black Lake Canada Heritage Mining Ltd. 1.0% NSR Blue Quartz Canada McLaren Resources Inc. 0.5% NSR (13) Box Canada Fortune Bay Corp. 1.5% NSR Bracemac-McLeod Canada Nuvau Minerals Inc. 3.0% NSR, or 1.5% NSR Broulan Reef Canada Evolution Mining Limited/Premier Gold Mines NWO Inc. 2.0% NSR Butterfly Lake Canada Thesis Gold & Silver Inc. 0.71% GOR (14) Cameron Gold Canada Seva Mining Corp. 1.0% NSR (15) Carswell Lake Canada Orano Canada Inc./ Capstone Copper Corp. 5.0% NSR Cochenour Canada Evolution Mining Limited 5.0% NPI Dixie Lake Canada Renegade Gold Inc. 1.0% NSR Duchess Canada Renegade Gold Inc. 0.5% NSR East My-Ritt Canada Agnico Eagle Mines Limited 0.5% NSR English Canada Renegade Gold Inc. 0.5% NSR Eureka Canada Pacific Ridge Exploration Ltd. 1.0% NSR Forrest Kerr/RDN Canada Aben Gold Corp (option to Kingfisher Metals Corp.) 1.75% NSR; 0.5% NSR Frontline 1 Canada Renegade Gold Inc. 0.5% NSR Gauthier Canada Agnico Eagle Mines Limited 3.0% NSR Godfrey II Canada STLLR Gold Inc. 2.0% NSR Gold Bridge Canada Blackstone Minerals Limited 1.0% NSR (16) Gold Dome Canada Victoria Gold Inc. 2.0% NSR (17) Golden Bear Canada Newmont Corporation 2.0% NSR Golden Loon Canada Renegade Gold Inc. 1.0% NSR Gullrock Canada Renegade Gold Inc. 0.5% NSR Hart Canada Pure North Resources Inc. 1.0% NSR Hit Canada Rackla Metals Inc. 2.0% NSR Iron Horse Canada Pirate Gold Corp. 1.0% NSR (9) Operator has the option to purchase the entire 0.5% NSR for $500,000. (10) Operator has the option to purchase 1.0% of the 2.0% NSR for $1 million. (11) Operator has the option to purchase 1.0% of the 2.0% NSR for $1 million. (12) Operator has the option to purchase 0.75% of the 1.5% NSR for C$1 million. (13) Operator has the option to purchase 0.25% of the 0.5% NSR for $250,000, or all of the 0.5% NSR for $500,000. (14) Operator has the option to buy-down the 0.71% GOR to 0.355% by paying C$887,500 within one year after the first commercial shipment of ore. (15) Operator has the option to purchase 0.25% of the 1.0% NSR at any time for CDN$250,000. (16) Operator has the option to purchase 0.5% of the 1.0% NSR for $500,000 (17) Operator has the option to purchase 1.0% of the 2.0% NSR for $3 million. Royal Gold | 2025/2026 Asset Handbook 189 INTRODUCTION ATTRIBUTES OF OUR BUSINESS PORTFOLIO OVERVIEW EXPECTED PERFORMANCE AND OUTLOOK PORTFOLIO DETAILS REFERENCE MATERIALS