Item 5.05 Amendments to the Registrant's Code of Ethics, or Waiver of a Provision

of the Code of Ethics

On November 15, 2022, the Board of Directors of Royal Gold, Inc. (the "Company") approved an amendment to the Company's Code of Business Conduct and Ethics (the "Code") to prohibit service on the board of a competitor.

Item 9.01Financial Statements and Exhibits



(d) Exhibits

Exhibit
No.                                Description

 14.1        Royal Gold, Inc. Code of Business Conduct and Ethics.
  104      Cover Page Interactive Data File (formatted as inline XBRL).


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