Royal Gold, Inc.

October 10, 2025 • Author: Phil Ratcliff

Item	Proposal	Vote
1	Approval of the issuance of shares of Royal Gold common stock to Sandstorm shareholders and option holders in connection with the Sandstorm Arrangement (the “Stock Issuance Proposal”).	✓ For(2.779)
2	Approval of the adjournment or postponement of the Special Meeting, if necessary or appropriate, including to solicit additional proxies if there are not sufficient votes to approve the Stock Issuance Proposal, subject to the provisions of the Sandstorm Arrangement Agreement.	✓ For(2.779)

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