Royal Gold Inc. – Material Contracts Watch

from 10-K ~50 pages Royal Gold, Inc. 2025 Incentive Plan Stock Appreciation Rights - Stock Settled Summary of Award Royal Gold, Inc., a Delaware Corporation (The “Company”), Pursuant to Its 2025 Incentive Plan (As Amended From Time to Time, the “Plan”) Hereby Grants to the Individual Named Below (The “Participant”), This Award of Stock Appreciation Rights Exercisable for the Number of Shares of Common Stock Listed Below, Subject to the Restrictions and Vesting Conditions Set Forth Below (The “Sars”). the Sars Are Subject in All Respects to the Terms and Conditions Set Forth Herein, in the Stock Appreciation Rights

from 10-K ~50 pages Royal Gold, Inc. 2025 Incentive Plan Incentive Stock Option Summary of Award Royal Gold, Inc., a Delaware Corporation (The “Company”), Pursuant to Its 2025 Incentive Plan (As Amended From Time to Time, the “Plan”) Hereby Grants to the Individual Named Below (The “Participant”), This Award of an Incentive Stock Option to Purchase the Number of Shares of Common Stock Listed Below, Subject to the Restrictions and Vesting Conditions Set Forth Below (The “Option”). the Option Is Subject in All Respects to the Terms and Conditions Set Forth Herein, in the Incentive Stock Option Award Agreement

from 10-K ~50 pages Royal Gold, Inc. 2025 Incentive Plan Performance Shares (Tsr) Summary of Award Royal Gold, Inc., a Delaware Corporation (The “Company”), Pursuant to Its 2025 Incentive Plan (As Amended From Time to Time, the “Plan”) Hereby Grants to the Individual Named Below (The “Participant”), This Award of Performance Shares Representing the Target and Maximum Number of Shares of Common Stock Set Forth Below That May Vest Based on the Level of Achievement of the Performance Goals and the Conditions Set Forth Below (The “Performance Shares”). the Number of Performance Shares That Vest Will Be Based on the Performance Level Achieved With Respect to the Performance Goals Set Forth on Schedule I. the Performance Shares Are Subject in All Respects to the Terms and Conditions Set Forth Herein, in The

from 10-K ~20 pages Royal Gold, Inc. 2025 Incentive Plan Restricted Stock Units Summary of Award (Non-Employee Director) Royal Gold, Inc., a Delaware Corporation (The “Company”), Pursuant to Its 2025 Incentive Plan (As Amended From Time to Time, the “Plan”) Hereby Grants to the Individual Named Below (The “Participant”), This Award Representing the Number of Restricted Stock Units Set Forth Below That May Vest Based on the Conditions Set Forth Below (The “Rsus”). the Rsus Are Subject in All Respects to the Terms and Conditions

from 10-K ~20 pages Royal Gold, Inc. 2025 Incentive Plan Restricted Stock Summary of Award (Non-Employee Director) Royal Gold, Inc., a Delaware Corporation (The “Company”), Pursuant to Its 2025 Incentive Plan (As Amended From Time to Time, the “Plan”) Hereby Grants to the Individual Named Below (The “Participant”), This Award for the Number of Shares of Common Stock Set Forth Below (The “Shares”) That May Vest Based on the Conditions Set Forth Below. the Shares Granted Pursuant to This Agreement That Have Not Yet Vested Are Referred to as “Restricted Stock.” the Restricted Stock Is Subject in All Respects to the Terms And

from 10-K ~50 pages Royal Gold, Inc. 2025 Incentive Plan Restricted Stock Units Summary of Award Royal Gold, Inc., a Delaware Corporation (The “Company”), Pursuant to Its 2025 Incentive Plan (As Amended From Time to Time, the “Plan”) Hereby Grants to the Individual Named Below (The “Participant”), This Award Representing the Number of Restricted Stock Units Set Forth Below That May Vest Based on the Conditions Set Forth Below (The “Rsus”). the Rsus Are Subject in All Respects to the Terms and Conditions

from 10-K ~50 pages Royal Gold, Inc. 2025 Incentive Plan Restricted Stock Summary of Award Royal Gold, Inc., a Delaware Corporation (The “Company”), Pursuant to Its 2025 Incentive Plan (As Amended From Time to Time, the “Plan”) Hereby Grants to the Individual Named Below (The “Participant”), This Award for the Number of Shares of Common Stock Set Forth Below (The “Shares”) That May Vest Based on the Conditions Set Forth Below. the Shares Granted Pursuant to This Agreement That Have Not Yet Vested Are Referred to as “Restricted Stock.” the Restricted Stock Is Subject in All Respects to the Terms And

from 10-K 18 pages Amended and Restated Employment Contract [Conformed Through Amendment Dated February 2026] Between

from 10-K 32 pages Employment Agreement

from 10-K 32 pages Employment Agreement [Conformed Through Amendment No. 1 Dated February 2026]

from 10-K 130 pages Royal Gold, Inc. as U.S. Borrower RGLD Gold AG as Swiss Borrower - And - Rg Royalties, LLC as a Guarantor Royal Gold International Holdings, Inc. as a Guarantor the Other Guarantors From Time to Time Party Hereto, as Guarantors - And - The Bank of Nova Scotia as Co-Lead Arranger, Joint Bookrunner and Administrative Agent - And - Hsbc Securities (USA) Inc. as Co-Lead Arranger, Joint Bookrunner and Syndication Agent - And

from 10-Q 130 pages Royal Gold, Inc. as U.S. Borrower RGLD Gold AG as Swiss Borrower - And - Rg Royalties, LLC as a Guarantor Royal Gold International Holdings, Inc. as a Guarantor the Other Guarantors From Time to Time Party Hereto, as Guarantors - And - The Bank of Nova Scotia as Co-Lead Arranger, Joint Bookrunner and Administrative Agent - And - Hsbc Securities (USA) Inc. as Co-Lead Arranger, Joint Bookrunner and Syndication Agent - And

from 8-K 18 pages Royal Gold, Inc. 2025 Incentive Plan

from 8-K 17 pages Amended and Restated Employment Contract Between

from 8-K 32 pages Employment Agreement

from 8-K 32 pages Employment Agreement

from 10-Q 1 page Royal Gold Corporation 500 - 220 Bay Street Toronto, Ontario M5j 2w4 Canada WWW.ROYALGOLD.com

from 10-Q 2 pages Amendment to Employment Agreement

from 8-K 9 pages Consulting Agreement

from 8-K 19 pages ​ 220 Bay Street, Suite 500 Toronto, Ontario M5j 2w4 Canada WWW.ROYALGOLDCORP.CA ​ ​ ​ ​ ​ ​ ​ ​ September 14, 2023 ​ via Hand Delivery ​ Mr. Mark Isto [***] ​ Re: Retirement From Royal Gold Corporation ​ Dear Mark: ​