Royal Gold enters new employment agreements with CEO, CFO, and two SVPs; sets base salaries

ROYAL GOLD INC

CEO William Heissenbuttel base salary set at $918,000; CFO Paul Libner at $492,000; SVPs Raffield and Shefman at $475,000 each.
Severance on non-CIC termination: lump sum of 1x salary plus 1x bonus plus prorated bonus; on CIC termination: CEO 2.5x salary+bonus, others 1.5x salary+bonus.
New restrictive covenants prohibit competition and solicitation for 12 months post-termination.
Replaces prior employment agreements, effective March 17, 2025.

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