Royal Gold, Inc. · NASDAQ:RGLD

Royal Gold — VanEck Natural Resources Conference 2019

8 slides from Royal Gold's conference presentation, Jun 5, 2019

  1. Slide 1: VanEck Natural Resources Conference

    NASDAQ: RGLD Tony Jensen President & CEO VanEck Natural Resources Conference June 5, 2019

  2. Slide 2: Cautionary Statement

    NASDAQ: RGD Cautionary Statement Cautionary “Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995: This presentation contains certain forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements i

  3. Slide 3: Diverse, Gold Focused Portfolio

    NASDAQ: RGD Diverse, Gold Focused Portfolio * As of Mar. 31, 2019 ** Total Revenue for nine months ended Mar. 31, 2019 3

  4. Slide 4: Efficient Business Model

    NASDAQ: RGD Efficient Business Model Royal Gold has a larger operating portfolio and a fraction of the employee count compared to the major gold and base metals producers 4

  5. Slide 5: Efficient Business Model

    NASDAQ: RGD Efficient Business Model Royal Gold revenue per employee ranks second compared to the S&P 500 5

  6. Slide 6: Organic Growth Potential

    NASDAQ: RGD Organic Growth Potential Average remaining mine life of 14 years (weighted by revenue contribution) Asset maturity 6

  7. Slide 7: TSR – Leading Commitment to Dividends

    NASDAQ: RGD TSR – Leading Commitment to Dividends Dividend set at a sustainable level 18% CAGR in dividends per share 2001-2019 $1.20 $1,800 $1,600 $1.00 $1,400 Annual Dividend (US$/share) Average Gold Price (US$/oz) $0.80 $1,200 $0.60 $1,000 $800 $0.40 36% 35% 34% 30% 29% 27% 26% 25% 25% 23% $600 2

  8. Slide 8: 1660 Wynkoop Street, #1000 Denver, CO 80202

    NASDAQ: RGLD 1660 Wynkoop Street, #1000 Denver, CO 80202 303.573.1660 info@royalgold.com www.royalgold.com

Royal Gold — VanEck Natural Resources Conference 2019 on 6ix