UNITED STATES Robinson Robinson is an open-pit copper mine containing three major zones: Tripp-Veteran, Liberty and Ruth. Robinson is located in White Pine County, Nevada, approximately 11 kilometers west of Ely. Robinson is owned and operated by Robinson Nevada Mining Company, a subsidiary of KGHM Polska Miedź S.A. (“KGHM”) OPERATOR KGHM Polska Miedź S.A. MINERALIZATION STYLE Porphyry Cu-Au MINE TYPE Open-pit METAL(S) Copper, Gold, Molybdenum PRODUCT Concentrate ROYALTY 3.0% NSR (all metals) YEAR OF ACQUISITION 2005 TERM OF ROYALTY Life of Mine MINE LIFE 2037 (1) Operational Overview The property is a mature mine site that has been actively mined from the late 1800s to 1978, from 1986 to 1999, and again from 2004 to the present. Mining is conducted by conventional open-pit methods. The processing plant utilizes crushing, milling and flotation to produce a copper-gold concentrate and a molybdenum concentrate. Concentrates are transported to storage facilities in Wendover, Nevada . 2026 OPERATOR GUIDANCE Detail not publicly disclosed by operator. LONGER-TERM OPERATOR OUTLOOK Detail not publicly disclosed by operator. Royal Gold’s Royalty Interest Royal Gold holds a 3.0% NSR royalty on all metals produced from the Robinson mine. Royal Gold acquired this royalty interest effective December 28, 2005, from Kennecott Minerals Company. (1) Source: KGHM, December 2025 Investor Presentation and March 27, 2025 Conference Call Transcript. Royal Gold | 2025/2026 Asset Handbook 81 ROYALTY INTRODUCTION ATTRIBUTES OF OUR BUSINESS PORTFOLIO OVERVIEW EXPECTED PERFORMANCE AND OUTLOOK PORTFOLIO DETAILS REFERENCE MATERIALS