ROYAL GOLD INC
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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FY2024 · Filed Feb 13, 2025
RGLD$274.57-2.9%Stored close · as of Nov 10, 2026
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ITEM 15. Exhibits and Financial Statement Schedules
(a)Financial Statements
Index to Financial Statements
| Page | |
|---|---|
| Report of Independent Registered Public Accounting Firm | 57 |
| Consolidated Balance Sheets | 59 |
| Consolidated Statements of Operations and Comprehensive Income | 60 |
| Consolidated Statements of Changes in Equity | 61 |
| Consolidated Statements of Cash Flows | 62 |
| Notes to Consolidated Financial Statements | 63 |
(b)Exhibits
| Exhibit No. | Exhibit Description | Form | File No. | Exhibit | Filing Date |
|---|---|---|---|---|---|
| 3.1 | Restated Certificate of Incorporation, as amended through May 26, 2023 | 10-Q | 001-13357 | 3.1 | 11/2/2023 |
| 3.2* | Amended and Restated Bylaws, as amended through November 19, 2024 | ||||
| 4.1* | Description of capital stock | ||||
| 10.1 | Revolving Facility Credit Agreement, dated June 2, 2017, among Royal Gold, Inc., RG Mexico, Inc., the lenders from time to time party thereto, and HSBC Bank USA, National Association, as administrative agent for the lenders | 8-K | 001-13357 | 10.1 | 6/6/2017 |
| 10.2 | Amendment and Consent to Revolving Facility Credit Agreement, dated May 15, 2018, among Royal Gold, Inc., certain subsidiaries of Royal Gold, Inc., the lenders from time to time party thereto, and the Bank of Nova Scotia, as administrative agent for the lenders | 10-K | 001-13357 | 10.38 | 8/9/2018 |
| 10.3 | Second Amendment to Revolving Facility Credit Agreement, dated June 3, 2019, among Royal Gold, Inc., certain subsidiaries of Royal Gold, Inc., the lenders from time to time party thereto, and the Bank of Nova Scotia, as administrative agent for the lenders | 8-K | 001-13357 | 10.1 | 6/6/2019 |
| 10.4 | Third Amendment to Revolving Facility Credit Agreement, dated September 20, 2019, among Royal Gold, Inc., certain subsidiaries of Royal Gold, Inc., the lenders from time to time party thereto, and the Bank of Nova Scotia as administrative agent for the lenders | 10-Q | 001-13357 | 10.1 | 11/7/2019 |
| 10.5 | Fourth Amendment to Revolving Facility Credit Agreement, dated July 7, 2021, among Royal Gold, Inc., certain subsidiaries of Royal Gold, Inc., the lenders from time to time party thereto, and the Bank of Nova Scotia as administrative agent for the lenders | 8-K | 001-13357 | 10.1 | 7/12/2021 |
| 10.6 | Fifth Amendment to Revolving Facility Credit Agreement, dated June 28, 2023, among Royal Gold, Inc., certain subsidiaries of Royal Gold, Inc., the lenders from time to time party thereto, and the Bank of Nova Scotia as administrative agent for the lenders | 8-K | 001-13357 | 10.1 | 6/30/2023 |
| 10.7▲ | Royal Gold Deferred Compensation Plan for Non-Employee Directors | S-8 | 333-219378 | 4.1 | 7/20/2017 |
| 10.8▲ | Form of Employment Agreement by and between Royal Gold, Inc. and each of William Heissenbuttel, Paul Libner, Martin Raffield, and Randy Shefman | 8-K/A | 001-13357 | 10.1 | 1/3/2020 |
| 10.9▲ | Employment Contract effective January 1, 2019, by and between RGLD Gold AG and Daniel Breeze | 8-K | 001-13357 | 10.1 | 1/7/2019 |
| 10.10▲ | Addendum to the Employment Contract, dated March 4, 2021, between RGLD Gold AG and Daniel Breeze | 8-K | 001-13357 | 10.1 | 3/8/2021 |
| 10.11▲ | Form of Amendment to Employment Agreement with each of William Heissenbuttel, Dan Breeze, Paul Libner, Martin Raffield and Randy Shefman | 8-K | 001-13357 | 10.1 | 4/11/2022 |
| Exhibit No. | Exhibit Description | Form | File No. | Exhibit | Filing Date |
|---|---|---|---|---|---|
| 10.12▲ | Form of Amendment to Employment Agreement with each of William Heissenbuttel, Dan Breeze, Paul Libner, Martin Raffield and Randy Shefman | 8-K | 001-13357 | 10.1 | 5/25/2022 |
| 10.13▲ | Form of Amendment to Employment Agreement with each of William Heissenbuttel, Dan Breeze, Paul Libner, Martin Raffield and Randy Shefman | 10-Q | 001-13357 | 10.1 | 8/8/2024 |
| 10.14▲ | Consulting and Confidentiality Agreement, by and between Royal Gold Corporation and Mark Isto, effective as of September 14, 2023 | 8-K | 001-13357 | 10.2 | 9/18/2023 |
| 10.15▲ | Letter Agreement between Royal Gold Corporation and Mark Isto, effective as of August 28, 2024 | 10-Q | 001-13357 | 10.1 | 11/7/2024 |
| 10.16▲ | Form of Amended and Restated Indemnification Agreement entered into between Royal Gold, Inc. or certain subsidiaries and the directors and executive officers of Royal Gold, Inc. or its wholly owned subsidiaries | 8-K | 001-13357 | 10.1 | 2/16/2023 |
| 10.17▲ | 2015 Omnibus Long-Term Incentive Plan, as amended | S-8 | 333-219378 | 4.2 | 7/20/2017 |
| 10.18▲ | Form of Restricted Stock Agreement under Royal Gold’s 2015 Omnibus Long-Term Incentive Plan | 10-Q | 001-13357 | 10.3 | 11/1/2018 |
| 10.19▲ | Form of Restricted Stock Agreement under Royal Gold’s 2015 Omnibus Long-Term Incentive Plan for grants after August 1, 2021 | 10-Q | 001-13357 | 10.1 | 5/5/2022 |
| 10.20▲ | Form of Restricted Stock Unit Agreement under Royal Gold’s 2015 Omnibus Long-Term Incentive Plan | 10-Q | 001-13357 | 10.4 | 11/1/2018 |
| 10.21▲ | Form of Restricted Stock Unit Agreement under Royal Gold’s 2015 Omnibus Long-Term Incentive Plan for grants after August 1, 2021 | 10-Q | 001-13357 | 10.2 | 5/5/2022 |
| 10.22▲ | Form of Director Restricted Stock Agreement under Royal Gold’s 2015 Omnibus Long-Term Incentive Plan | 8-K | 001-13357 | 10.2 | 3/8/2023 |
| 10.23▲ | Form of Director Restricted Stock Unit Agreement under Royal Gold’s 2015 Omnibus Long-Term Incentive Plan | 8-K | 001-13357 | 10.4 | 3/8/2023 |
| 10.24▲ | Form of Performance Share Award Agreement under Royal Gold’s 2015 Omnibus Long-Term Incentive Plan | 10-Q | 001-13357 | 10.7 | 11/1/2018 |
| 10.25▲ | Form of Performance Share Award Agreement under Royal Gold’s 2015 Omnibus Long-Term Incentive Plan for grants after August 1, 2021 | 10-Q | 001-13357 | 10.3 | 5/5/2022 |
| 10.26▲ | Form of Incentive Stock Option Agreement under Royal Gold’s 2015 Omnibus Long-Term Incentive Plan | 10-Q | 001-13357 | 10.1 | 11/1/2018 |
| 10.27▲ | Form of Stock Appreciation Rights Agreement under Royal Gold’s 2015 Omnibus Long-Term Incentive Plan | 10-Q | 001-13357 | 10.2 | 11/1/2018 |
| 19.1* | Insider Trading Policy | ||||
| 21.1* | Subsidiaries of Royal Gold, Inc. | ||||
| 23.1* | Consent of Independent Registered Public Accounting Firm | ||||
| 31.1* | Certification of Chief Executive Officer pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | ||||
| 31.2* | Certification of Chief Financial Officer pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | ||||
| 32.1* | Certification of the Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | ||||
| 32.2* | Certification of the Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. | ||||
| 97.1 | Incentive Compensation Recoupment Policy | 10-K | 001-13357 | 97.1 | 2/15/2024 |
| Exhibit No. | Exhibit Description | Form | File No. | Exhibit | Filing Date |
|---|---|---|---|---|---|
| 101* | The following financial statements from Royal Gold, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2024, formatted in Inline XBRL: (a) Consolidated Statements of Cash Flows, (b) Consolidated Statements of Operations, (c) Consolidated Statements of Comprehensive Income, (d) Consolidated Balance Sheets, and (e) Notes to Consolidated Financial Statements, tagged as blocks of text and including detailed tags | ||||
| 104* | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) | ||||
| * | Filed or furnished herewith. |
|---|---|
| ▲ | Identifies a management contract or compensation plan or arrangement. |
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