Transcript

1 Royal Gold Inc. (2026 Investor Day) March 31, 2026 Corporate Speakers: • Alistair Baker; Royal Gold Inc.; Senior Vice President, Investor Relations and Business DeveColopment • William Heissenbuttel; Royal Gold Inc.; President and Chief Executive Officer • Jason Hynes; Royal Gold Inc.; Senior Vice President, Strategy and Business Development • Martin Raffield; Royal Gold Inc.; Senior Vice President, Operations • Paul Libner; Royal Gold Inc.; Chief Financial Officer • Daniel Breeze; Royal Gold Inc.; Senior Vice President, Corporate Development • Kim Bergen; Royal Gold Inc.; Director, Investor Relations and Communications Participants: • Howard Flinker, Flinker Investment • Cosmos Chiu; CIBC; Analyst • Derick Ma; TD Cowen; Analyst • Heiko Ihle; HC Wainwright; Analyst • Carey MacRury; Canaccord Genuity; Analyst • Tanya Jakusconek; Scotiabank; Analyst • Joshua Wolfson; RBC; Analyst • Brian MacArthur; Raymond James; Analyst PRESENTATION Alistair Baker: Well good afternoon, everybody. Thank you very much for joining us today. Welcome to Royal Gold's 2026 Investor Day. My name is Alistair Baker. I'm Senior Vice President of Investor Relations and Business Development at Royal Gold. So, to start off, I'll just make a few brief statements. We will be making forward-looking statements during the course of today's activity, including statements about our projections and expectations for the future. All of these statements are subject to risks and uncertainties that could cause actual results to differ materially from these statements. These risks and uncertainties are all discussed with our filings with the SEC. We will also refer to certain non-GAAP financial measures. Reconciliations of these measures to the most directly comparable GAAP measures are available in the appendix to today's presentation. And on a final note, if there is a need for evacuation today during today's session, there is an emergency exit outside these two doors, double doors on the outside of the hallway. The restrooms are also located down this corridor here.