Royal Gold, Inc. · NASDAQ:RGLD
Royal Gold — CIBC Western Institutional Investor Conference 2022
15 slides from Royal Gold's conference presentation, Jan 19, 2022
Slide 1: CIBC Western Institutional Investor Conference
CIBC Western Institutional Investor Conference January 19, 2022
Slide 2: Cautionary Statement
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
Slide 3: Company Overview
Company Overview Opportunity to capture value in the precious metals sector without incurring many of the costs and risks associated with mining operations Dual Business Segments… …Across A Diverse, Gold-Focused Portfolio… …With Standout Performance Royalty Interests: An interest in real property (g
Slide 4: Royal Gold: Core Attributes
Royal Gold: Core Attributes Differentiated model with disciplined capital management and a focus on shareholder returns UNIQUE ▪ Business model provides optionality to gold price and production and reserve growth MODEL ▪ Efficient model with high operating margin and revenue generation per employee
Slide 5: Expected Catalysts in the Portfolio
Expected Catalysts in the Portfolio In production Organic growth opportunities expected to add to portfolio revenue and duration Defined startup date Longer-dated production WASSA – Southern Extension to add 11 years to 6-year reserve life PEÑASQUITO – potential for exploration to extend life to 204
Slide 6: Newest Assets Provide Attractive Growth Potential
Newest Assets Provide Attractive Growth Potential KHOEMACAU RED CHRIS NX GOLD CÔTÉ BOTSWANA CANADA BRAZIL CANADA • 90% payable silver stream • 1% NSR royalty on a producing • 25% gold stream on a producing • 1% NSR royalty on the Chester 3 - At KCM option, potential copper/gold/silver mine, acquired
Slide 7: Sound ESG Practices are Fundamental to Success
Sound ESG Practices are Fundamental to Success Recent improved disclosure of Royal Gold’s approach to sustainability has materially improved market perception and recognition of leading ESG practices 60 51.9 50 SEVERE RISK 40 RATING HIGH 30 23.4 22.8 MEDIUM 18.7 20 10 LOW 0 2018 2019 2020 2021 Sourc
Slide 8: Appendix
Ip RoyALGOLD,INC
Slide 9: Non-GAAP Measures
Non-GAAP Measures Non-GAAP Financial Measures and Certain Other Measures Overview of non-GAAP financial measures: Non-GAAP financial measures are intended to provide additional information only and do not have any standard meaning prescribed by U.S. generally accepted accounting principles (“GAAP”).
Slide 10: Non-GAAP Measures
Non-GAAP Measures Non-GAAP Financial Measures and Certain Other Measures Overview of non-GAAP financial measures: 4. Free cash flow is a non-GAAP financial measure that is calculated by the Company as net cash provided by operating activities for a period minus acquisition of stream and royalty inte
Slide 11: Non-GAAP Measures
Non-GAAP Measures Reconciliation of non-GAAP financial measures to U.S. GAAP measures Adjusted EBITDA and Net cash to TTM adjusted EBITDA: Three Months Ended September 30, June 30, March 31, December 31, (amounts in thousands) 2021 2021 2021 2020 Net income and comprehensive income $ 70,466 $ 81,919
Slide 12: Non-GAAP Measures
Non-GAAP Measures Reconciliation of non-GAAP financial measures to U.S. GAAP measures (cont.) Cash G&A: Three Months Ended September 30, June 30, March 31, December 31, (amounts in thousands) 2021 2021 2021 2020 General and administrative expense $ 7,129 $ 7,212 $ 6,932 $ 6,789 Non-cash employee sto
Slide 13: Non-GAAP Measures
Non-GAAP Measures Reconciliation of non-GAAP financial measures to U.S. GAAP measures (cont.) Free cash flow: Three Months Ended September 30, (amounts in thousands) 2021 2020 Net cash provided by operating activities $ 129,885 $ 94,152 Acquisition of stream and royalty interests (265,000) (11,304)
Slide 14: Other Disclaimers
Other Disclaimers DISCLAIMER STATEMENT FOR USE OF MSCI ESG RATING THE USE BY ROYAL GOLD OF ANY MSCI ESG RESEARCH LLC OR ITS AFFILIATES (“MSCI”) DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION
Slide 15: Tel. 303.573.1660 investorrelations@royalgold.com www.royalgold.com
Tel. 303.573.1660 investorrelations@royalgold.com www.royalgold.com
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