35 ROYAL GOLD, INC. | INVESTOR PRESENTATION | SEPTEMBER 2025 Experienced Management Team Senior Management William Heissenbuttel Paul Libner Randy Shefman Daniel Breeze Alistair Baker Allison Forrest Jason Hynes Martin Raffield President and CEO of Royal Gold, Inc. SVP and CFO SVP and General Counsel SVP, Corporate Development, RGLD Gold AG SVP, Investor Relations and Business Development, Royal Gold Corp. VP, Investment Stewardship SVP, Strategy and Business Development, Royal Gold Corp. SVP, Operations David Crandall VP, Corporate Secretary and Chief Compliance Officer