ATTRIBUTES OF PORTFOLIO EXPECTED PERFORMANCE PORTFOLIO REFERENCE INTRODUCTION OUR BUSINESS OVERVIEW AND OUTLOOK DETAILS MATERIALS EXPLORATION (LISTED ALPHABETICALLY BY COUNTRY, AS OF DECEMBER 31, 2025) Property Location Ownership Royalty Rate Martha Argentina Patagonia Gold Corporation 2.0% NSR (Au, Ag) Mina Cancha Argentina Pan American Silver Corporation 2.50% NSR | Sierra Blanca | Argentina | Unico Silver Limited | 2.0% NSR(1) | | Abbotts | Australia | New Murchison Gold Limited | 1.5% NSR | | Arrow | Australia | Raiden Resources Ltd. | 1.0% NSR | | Bungalbin | Australia | Mineral Resources Ltd. | 3.5% GV | | Cheritons Find | Australia | Shandong Tianye Group | 1.5% NSR | | Chesterfield | Australia | Tanzi Pty Ltd | 1.5% NSR | Cosmos Australia Medallion Metals Limited 1.5% NSR (all metals other than gold), $10 per ounce (Au) Croesus Australia Zijin Mining Group Co. A$1.25/tonne(2) Edna May Australia Ramelius Resources Limited 0.5% GSR Fisher East Australia Cannon Resources Limited A$5.00/oz (Au)(3) Forrestania Australia Medallion Metals Limited 1.5% NSR (Au)(4) | Forrestania | Australia | Medallion Metals Limited | 1.0% NVR (Ni) | | Forrestania (Redivium) | Australia | Redivium Limited | 1.0% NVR (Ni) | | Leinster | Australia | Ore Resources Limited | 2.5% NSR (Cu, Pt, Ni) | | Lounge Lizard | Australia | Medallion Metals Limited | 1.5% NSR (Au)(5) | | Merlin Orbit | Australia | Lucapa Diamond Company Limited | 1.0% GV | | Mt Newman-Victory | Australia | Genesis Minerals Limited | 1.5% NSR | Northwell Chilkoot Australia Northern Star Resources Limited 2.5% to 4.0% GV(6) Red Hill West Australia API Management Pty Ltd 2.5% NSR | Scotia | Australia | Shine Resources Pty Ltd. | 2.5% NSR (Cu, Pt, Ni) | | Southern Cross Nickel | Australia | Medallion Metals Limited | 1.5% NSR(7) | | Stakewell | Australia | Diversified Asset Holdings Pty Ltd | 1.5% NSR | | Wembley Durack | Australia | Westgold Resources Limited | 1.0% NSR | | West Wyalong | Australia | Argent Minerals Limited/ | 2.5% NSR | | Golden Cross Resources Limited | | Yandicoogina | Australia | Private | 1.0% NSR | | Amapari | Brazil | Mineracao Amapari S.A. | 3.0% NSR | | Rio Novo | Brazil | Ligga S.A. | 0.375% GSR (iron ores)(8) and | | 0.75% NSR (all other mineral | | products) | | Serra Pelada | Brazil | Colossus Minerals Inc. | 2.0% NSR | | Bongou | Burkina Faso | Predictive Discovery Limited | 1.0% NSR | | Bouboulou | Burkina Faso | Nexus Gold Corp. | 1.0% NSR | | Niangouela | Burkina Faso | Nexus Gold Corp. | 1.0% NSR | (1) Operator has the option to purchase 1.0% of the 2.0% NSR prior to commercial production for C$1 million. (2) Royalty is paid on dollars per tonne of ore above 50,000 tonnes up to 500,000 tonnes. (3) Royalty is capped at 500,000 ounces. (4) Royalty is payable on gold only. (5) Royalty is payable on gold only. (6) Royalty is 2.5% at grades above 1.5 g/t or 4.0% for grades at 1.5% or less. (7) Royalty payable on all minerals, except nickel or any by-products in whatever form or state. (8) Operator has the option to purchase the 0.375% GSR on iron ores for US$1.25 million. 188 Royal Gold / 2025/2026 Asset Handbook