Financial Data and Key Metrics Changes - Total revenue for Q3 2021 was $143 million, a 5% increase compared to the prior year quarter, driven by higher average metal prices and strong performance from the Peñasquito royalty [11][28] - Earnings for the quarter were $54 million or $0.82 per share, representing a 39% increase year-over-year [12][33] - Operating cash flow was strong at just over $92 million, although it was down $7 million primarily due to higher cash taxes paid [13][34] - The company ended the quarter with a net cash position of $220 million and over $1.2 billion of liquidity [13][36] Business Line Data and Key Metrics Changes - The royalty segment contributed approximately 33% of revenue, mainly due to strong performance from Peñasquito [17] - Revenue from gold accounted for 68% of total revenue, down from 79% in the prior period, due to significantly higher increases in average silver and copper prices [28] - The average prices of gold, silver, and copper increased by 13%, 55%, and 51% respectively over the prior quarter [28] Market Data and Key Metrics Changes - The company reported a deferral of approximately 362,000 ounces of silver from Pueblo Viejo, which is expected to be made up as plant performance improves [18] - Production guidance for Nevada Gold Mines is expected to be between 350,000 to 375,000 ounces for 2021, significantly higher than the previous year's 175,000 ounces [26][51] Company Strategy and Development Direction - The company is focused on organic growth opportunities within its portfolio and remains active in pursuing new business opportunities [41][42] - The company has access to a full $1 billion credit facility, which allows it to act quickly on investment opportunities that fit its criteria [42][43] - The company is committed to funding social initiatives with its operating counterparties, promoting sustainability and community benefits [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's diverse portfolio and its ability to generate cash returns to shareholders [41] - The company anticipates that the operational issues at Pueblo Viejo will be resolved in the current quarter, leading to improved silver recoveries [88][90] - Management is cautious about providing long-term guidance due to the variability in production and operational challenges [60] Other Important Information - The company repaid $50 million on its revolving credit facility during the quarter and is now debt-free [13][37] - The Khoemacau project is progressing well, with construction completion reaching about 92% [19] Q&A Session Summary Question: Can you discuss deal activity and what you're seeing in terms of asset types and locations? - Management noted a healthy market with opportunities in the $100 million to $500 million range, focusing on development assets, particularly primary gold assets [48] Question: Regarding Pueblo Viejo, when should we expect the 362,000 ounces of silver? - Management indicated that the timing depends on operational improvements, suggesting a quarter-to-quarter follow-up [49] Question: Can you confirm the production guidance for Cortez? - Management confirmed the guidance of 350,000 to 375,000 ounces for 2021, with variability expected in production timing [51][53] Question: What is the status of the silver circuit recovery issues at Pueblo Viejo? - Management explained that the recovery issues are related to preheaters, which are being rebuilt, and improvements are expected in the current quarter [82][84] Question: Are there still opportunities available in royalty portfolios? - Management indicated that while the market is active, finding cornerstone assets has become challenging, and many desirable portfolios have already been sold [92]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-13357 Royal Gold, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 84-0835164 (State or Other Jurisdiction of (I.R.S. Employer FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Qua ...

Royal Gold, Inc. (NASDAQ:RGLD) Q2 2021 Earnings Conference Call February 4, 2021 12:00 PM ET Company Participants Alistair Baker - Vice President of Investor Relations & Business Development Bill Heissenbuttel - President & Chief Executive Officer Paul Libner - Chief Financial Officer & Treasurer Mark Isto - Executive Vice President & Chief Operating Officer Dan Breeze - Vice President, Corporate Development of RG AG Conference Call Participants Cosmos Chiu - CIBC Josh Wolfson - RBC Capital Markets Jackie P ...

Fiscal Q2 2021 Results February 4, 2021 Cautionary Statement Forward-Looking Statements: This presentation includes "forward-looking statements" within the meaning of U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact. Forward-looking statements are not guarantees of future performance, and actual results may differ materially from these statements. Forward-looking statements are often identified by words like "will," "may," "could," "should, ...

Royal Gold, Inc. (NASDAQ:RGLD) Q1 2021Results Conference Call November 5, 2020 12:00 PM ET Company Participants Alistair Baker - Vice President of Investor Relations & Business Development Bill Heissenbuttel - President & Chief Executive Officer Paul Libner - Chief Financial Officer & Treasurer Mark Isto - Executive Vice President & Chief Operating Officer Dan Breeze - Vice President Corporate Development RGAG Randy Shefman - General Counsel Conference Call Participants Operator Good day and welcome to the ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-13357 Royal Gold, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 84-0835164 (State ...

Royal Gold, Inc. (NASDAQ:RGLD) Q4 2020 Earnings Conference Call August 6, 2020 12:00 PM ET Company Participants Alistair Baker - Vice President of Investor Relations & Business Development Bill Heissenbuttel - President & Chief Executive Officer Mark Isto - Executive Vice President & Chief Operating Officer Paul Libner - Chief Financial Officer & Treasurer Dan Breeze - Vice President Corporate Development RGAG Conference Call Participants Tanya Jakusconek - Scotiabank Carey MacRury - Canaccord Genuity Brian ...

NASDAQ: RGLD | --- | --- | --- | --- | |--------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | Fourth Quarter and Fiscal Year | | | | | 2020 Results | | | | | August 6, 2020 | | | | THE GOLD STANDARD IN PRECIOUS METAL INVESTING Cautionary Statement କି Forward-Looking Statements: This presentation includes "forward-looking statements" within the meaning of U.S. federal securities laws. Forwardlooking statements are any statements other than statements of historica ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended June 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission File Number 001-13357 Royal Gold, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware (State or Other Jurisdiction of ...

Fiscal Q3 2020 Results May 7, 2020 ROYALGOLD,INC NASDAQ: RGLD SUCCESSFUL DISCIPLINE SIRAT -G RESULTS Cautionary Statement Cautionary "Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: This presentation includes "forward-looking statements" within the meaning of U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact. Forward-looking statements are not guarantees of future performance, and actual results may differ ...