Responsible Capital Allocation Community Contributions Good Governance & Shareholder Alignment Diversity, Inclusion & Well-Being Climate Action Transparency & Guiding Principles Appendices 41 Corporate Scope 3 GHG Emissions Our corporate Scope 3 emissions are comprised of estimated GHG emissions associated with work-related travel (including airplane travel* and personal car mileage), purchase and use of office supplies and services (including paper, 90 Corporate Scope 3 Emissions (tCO e) electronic devices, kitchen supplies and other 2 office goods and services), and water and waste**. The increase of our corporate Scope 3 emissions 80 Business Travel* Purchased Goods Water and Waste** Total Corporate in 2022 is primarily due to the resumption of and Employee Commuting and Services Scope 3 Emissions business travel and certain other work-related 70 activities. While corporate Scope 3 emissions are still below pre-COVID levels (total corporate Scope 3 emissions were 91.2 tCO e in 2019 60 59.6 2 or approximately 9% higher than 2022), we expect that these emissions will 50 normalize going forward. e)2 (tCO 83.8 Carbon Neutral for 40 37.7 37.4 Corporate Operations We are committed to reducing our footprint. 30 Since 2020, our corporate operations have been carbon neutral and we are committed 28.9 20.2 20.6 0.4 44.1 to achieving this annually going forward. 20 33.4 We accomplished this primarily by purchasing 11.5 0.4 11.0 18.0 high quality carbon offsets to account 10 22.2 for emissions we cannot eliminate. 0.4 4.1 1.2 9.4 3.0 8.8 8.7 2.2 1.5 2.3 0.7 2.2 1.5 3.6 1.2 2.5 0.8 0.6 For 2022, we offset our global operational - 2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 emissions by purchasing from Less Emissions, a Canadian supplier of high quality carbon Employee Commuting - Car Other Purchased Goods and Services Water offsets, an equal combination of (1) Gold Business Travel - Air Electronics Waste Standard-certified emission reduction offsets Paper Use produced from international projects, and (2) CSA Standard-certified emission reduction offsets from Canadian projects. The choice to source our offsets from both international and Canadian projects was intended so that we could have an impact in developing countries * Scope 3 emissions relating to Business Travel are based on data provided by our corporate travel agent, plus additional estimated emissions for flights booked individually by Franco-Nevada and in Canada. Appendix H to this ESG Report personnel or through other travel agents. contains further details regarding our 2022 ** Due to certain logistical constraints, reported data for Scope 3 emissions generated from water and waste relates to our Toronto and Barbados offices and for 2022 covers 87.5% (35 of 40 full-time employees) of our company (2020 - 88.6%; 2021 – 88.9%). carbon neutrality.