Royal Gold Announces Transition of Technical Leadership

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May 25, 2023

Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that Mr. Mark Isto, Executive Vice President and Chief Operating Officer, Royal Gold Corporation, has decided to retire from his role by the end of 2023. During the next several months, Mr. Isto will transition his responsibilities to Dr. Martin Raffield, Vice President, Operations, who will assume the leadership of all aspects of Royal Gold’s technical functions upon Mr. Isto’s retirement.