52 TSX / NYSE: FNV Franco-Nevada Corporation United States Overview Overview Precious Metals Sterling Granite Creek (Pinson) Location: Nevada, United States Operator: AngloGold Ashanti Precious Metals: Au Royalty: NSR: 0.25% Location: Pinson, United States Operator: i-80 Gold Corp. Precious Metals: Au Royalty: NSR: 1-2% Sterling is a historic gold operation located 185 km northwest of Las Vegas, Nevada near Beatty, Nevada. In 2022, AngloGold Ashanti acquired 100% of Coeur’s wholly owned subsidiary, Coeur Sterling, Inc., which owned the Sterling property. Franco-Nevada holds 1/8th of a 2% NSR, or an effective 0.25% NSR royalty, on approximately 272 lode mining claims with a small minimum advance royalty. Sterling underground mining operations were terminated at the end of May 2015. The acquisition consolidates AngloGold Ashanti’s ownership position in the Beatty District allowing for optimal development of the assets centered on developing the Silicon project. Franco-Nevada has not included Sterling in Royalty Ounce estimates The Granite Creek (Pinson) project is located near Winnemucca, Nevada, at the intersection of the Getchell Gold Belt and the Battle Mountain-Eureka Trend. Franco-Nevada holds a 1-2% NSR on approximately 20 sections within the Getchell trend. This royalty includes a 2% NSR on Section 33 and a 1% NSR on the southern half of Section 32 within Granite Creek’s operating area, formally known as Pinson. Granite Creek (Pinson) is south of Nevada Gold Mines’ Turquoise Ridge mine and 13 km from its Twin Creeks mine complex. The historic Pinson mine produced 985,000 ounces of gold from 1980 through 1999 by open-pit mining. Pinson was placed on care and maintenance in 2015. In August 2020, Premier Gold Mines USA, Inc. acquired the outstanding interests of Osgood Mining Company LLC (“Osgood”) from affiliates of Waterton Global Resource. In 2021, Equinox Gold acquired Premier. Concurrently, Premier spun-out its US-focused gold production and development assets into i-80 Gold, which included the Granite Creek project (previously known as the Pinson project). In February 2022, i-80 Gold announced that 2021 drilling was successful in delineating high- grade mineralization in multiple areas surrounding the existing mine workings. In July 2022, i-80 Gold announced they began shipping ore from operations at the Granite Creek Mine to Nevada Gold Mines, Twin Creeks processing facility, as per the Company’s toll-milling agreement. Mined material will be processed at the Twin Creeks facility until i-80 Gold’s Lone Tree facility is operational. Franco-Nevada’s royalty at Granite Creek does not cover the current underground workings. Franco-Nevada has not included Granite Creek (Pinson) in Royalty Ounce estimates