ROYAL GOLD INC

Ticker: RGLD CUSIP: 780287108 Class: COM

K2 PRINCIPAL FUND, L.P.'s Holding History (CIK: 0001461790)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 10,625 Value ($000) $2,362 Avg Close $198.37 Range $168.88 - $235.52

Q2 2024

Shares 5,450 Value ($000) $682 Avg Close $124.84 Range $118.00 - $134.56

Q4 2023

Shares 25,593 Value ($000) $3,096 Avg Close $113.01 Range $101.82 - $125.09

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	10,625	$2,362	$198.37	$168.88 - $235.52
Q2 2024	5,450	$682	$124.84	$118.00 - $134.56
Q4 2023	25,593	$3,096	$113.01	$101.82 - $125.09