Corporate Information Management Team WILLIAM H. HEISSENBUTTEL President and Chief Executive Officer PAUL LIBNER Senior Vice President and Chief Financial Officer RANDY SHEFMAN Senior Vice President and General Counsel DANIEL K. BREEZE Senior Vice President, Corporate Development, RGLD Gold AG ALISTAIR BAKER Senior Vice President, Investor Relations and Business Development, Royal Gold Corp. JASON HYNES Senior Vice President, Business Development and Strategy, Royal Gold Corp. MARTIN RAFFIELD Senior Vice President, Operations DAVID R. CRANDALL Vice President, Corporate Secretary and Chief Compliance Officer ALLISON FORREST Vice President, Investment Stewardship KAIN PETTERSON Vice President, Business Development and Operations MATTHEW THOMPSON Vice President and Assistant General Counsel MIKE DOERR Vice President, Controller ROBERT CAMBRUZZI Vice President, Tax Board of Directors WILLIAM M. HAYES Chairman WILLIAM H. HEISSENBUTTEL President and Chief Executive Officer FABIANA CHUBBS MARK E. ISTO JAMIE C. SOKALSKY RONALD J. VANCE SYBIL E. VEENMAN Royal Gold | 2025/2026 Asset Handbook 229 INTRODUCTION ATTRIBUTES OF OUR BUSINESS PORTFOLIO OVERVIEW EXPECTED PERFORMANCE AND OUTLOOK PORTFOLIO DETAILS REFERENCE MATERIALS