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Mineral Resources and Mineral Reserves Mineral Resources and Mineral Reserves w Silver Mineral Resources – Inclusive of Mineral Reserves vie er Measured (M) Indicated (I) (M)+(I) Silver Inferred Mineral Resources v O Tonnes Grade Contained Tonnes Grade Contained Contained Tonnes Grade Contained Notes 000s g/t 000 oz 000s g/t 000 oz 000 oz 000s g/t 000 oz Candelaria 4,77 826,839 1.91 50,709 405,558 2.29 29,924 80,632 149,583 1.16 5,570 Antapaccay 78 306,000 1.53 15,047 937,000 1.83 55,167 70,214 120,000 0.87 3,357 Antamina 1,79,80 281,200 9.97 90,125 607,400 11.85 231,396 321,223 1,244,800 11.50 460,197 Condestable 81 32,975 5.87 6,221 55,438 6.28 11,192 17,410 60,489 6.29 12,233 Cerro Moro 1,82 542 475.85 8,292 2,144 315.11 21,721 30,014 1,488 170.60 8,159 Salares Norte 83 — — — 26,424 52.86 44,907 44,907 2,649 10.89 928 Cascabel (Alpala) 84 1,192,000 1.37 52,400 1,470,000 0.84 39,800 92,200 544,000 0.61 10,600 Calcatreu 85 — — — 9,841 19.83 6,275 6,275 8,078 13.09 3,399 Cobre Panama 86 177,300 1.55 8,836 3,294,300 1.33 140,347 149,182 1,090,400 1.08 37,990 Fire Creek/Midas 1,2,87 2 239.99 14 171 100.67 552 566 69,473 5.98 13,349 Eskay Creek 88 22,521 93.02 67,350 25,274 38.15 31,003 98,353 3,750 22.18 2,674 Mountain View 89 — — — — — — — 23,200 2.68 2,000 Total Silver Mineral Resources 298,993 612,284 910,977 560,455 etals Silver Mineral Reserves Proven Probable Proven and Probable Tonnes Grade Contained Tonnes Grade Contained Tonnes Grade Contained ecious M Notes 000s g/t 000 oz 000s g/t 000 oz 000s g/t 000 oz r P Candelaria 4,77 512,724 1.62 26,773 142,574 2.06 9,426 655,298 1.72 36,199 Antapaccay 78 225,000 1.20 8,681 275,000 1.20 10,610 499,000 1.20 19,290 Antamina 79,80 155,400 8.60 43,086 126,800 11.20 45,464 282,200 9.80 88,252 Condestable 81 20,802 5.28 3,531 7,409 6.89 1,641 28,211 5.70 5,170 Cerro Moro 82 365 593.50 6,964 1,384 342.00 15,215 1,749 394.50 22,180 Salares Norte 83 — — — 20,763 58.40 38,990 20,763 58.40 38,990 Cascabel (Alpala) 84 — — — 558,000 1.65 30,000 558,000 1.65 30,000 Calcatreu 85 — — — — — — — — — Cobre Panama 86 175,000 1.51 8,496 2,760,800 1.36 121,098 2,935,900 1.36 128,810 Fire Creek/Midas 2,87 — — — — — — — — — Eskay Creek 88 17,300 99.00 55,100 12,600 50.00 20,500 29,900 79.00 75,500 Mountain View 89 — — — — — — — — — Total Silver Mineral Reserves 152,631 292,943 444,392 ssets PGM Mineral Resources – Inclusive of Mineral Reserves Measured (M) Indicated (I) (M)+(I) PGM Inferred Mineral Resources ersified A Tonnes Grade Contained Tonnes Grade Contained Contained Tonnes Grade Contained iv Notes 000s g/t 000 oz 000s g/t 000 oz 000 oz 000s g/t 000 oz D Stillwater 90 42,600 13.70 18,700 50,400 12.80 20,700 39,400 114,000 12.20 44,800 Sudbury 91 not available not available not available Eagle's Nest 92 5,346 4.79 823 5,643 4.41 800 1,627 10,581 4.29 1,459 Marathon (Sally) 93 — — — 24,801 0.62 494 494 14,019 0.48 218 Pandora 94 22,195 4.81 3,415 147,317 4.60 21,707 25,122 21,220 4.72 3,171 Total PGM Mineral Resources 22,938 43,701 66,643 49,647 es PGM Mineral Reserves v Proven Probable Proven and Probable eser Tonnes Grade Contained Tonnes Grade Contained Tonnes Grade Contained al R Notes 000s g/t 000 oz 000s g/t 000 oz 000s g/t 000 oz Stillwater 90 10,000 13.50 4,300 50,300 13.60 22,000 60,200 13.60 26,300 iner Sudbury 91 not available not available not available Eagle's Nest 92 5,264 4.65 787 5,867 3.72 702 11,131 4.16 1,489 Marathon (Sally) 93 — — — — — — — — — es and M Pandora 94 2,195 4.20 244 19,756 4.08 2,683 21,951 4.09 2,927 c Total PGM Mineral Reserves 5,331 25,385 30,716 esour al R Copper Mineral Resources – Inclusive of Mineral Reserves iner Measured (M) Indicated (I) (M)+(I) Copper Inferred Mineral Resources M Tonnes Grade Contained Tonnes Grade Contained Contained Tonnes Grade Contained Notes 000s % 000 oz 000s % 000 oz Mlbs 000s % Mlbs Sossego 1,95 164,100 0.72 2,608 236,800 0.76 3,960 6,591 21,700 0.80 383 Cascabel (Alpala) 96 1,209,800 0.47 12,655 1,980,700 0.27 11,971 24,626 649,100 0.24 3,439 NuevaUnión (Relincho) 1,97 895,400 0.29 5,657 1,440,400 0.33 10,411 16,068 724,700 0.36 5,752 Taca Taca 98 421,500 0.60 5,606 1,781,800 0.39 15,229 20,835 716,900 0.31 4,863 Vizcachitas 99 273,000 0.43 2,605 1,268,000 0.37 10,416 13,021 1,823,000 0.34 13,747 Copper World Project 100 792,000 0.44 7,672 381,000 0.36 3,003 10,597 262,000 0.37 2,125 Robinson 101 317,942 0.47 3,294 40,173 0.34 301 3,553 11,942 0.38 100 Total Copper Mineral Resources 40,097 55,292 95,290 30,409 118 Franco-Nevada Corporation TSX / NYSE: FNV

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