Royal Gold — Aug 6, 2025 release

Following the draw as part of the Kansanshi gold stream acquisition, $575 million remains available under the revolving credit facility. Outlook for 2025 We are currently forecasting that 2025 metal sales, DD&A and effective tax rate will be within the ranges previously provided. Property Highlights A breakdown of revenue for the Company’s stream and royalty portfolio can be found on Table 1 for the quarters and six month periods ended June 30, 2025 and June 30, 2024. Table 2 shows a quarterly breakdown of stream metal sales and metal sales attributable to the Company’s royalty interests for the Company’s principal stream and royalty properties. Table 3 shows Royal Gold's 2025 sales volume guidance and year to date sales volume achieved. Table 4 shows s tream segment purchases and sales for the quarters and six month periods ended June 30, 2025 and June 30, 2024 and inventories at June 30, 2025, March 31, 2025 and December 31, 2024. Highlights at certain of the Company’s principal producing and development properties during the quarter ended June 30, 2025, compared to the quarter ended June 30, 2024, are detailed in the Quarterly Report on Form 10-Q. CORPORATE PROFILE Royal Gold is a high margin, mid-capitalization company that generates strong cash flows from a large and well-diversified portfolio of precious metal streams, royalties and similar production-based interests located in mining-friendly jurisdictions. 6 Royal Gold shares trade under the symbo