Responsible Capital Allocation Community Contributions Good Governance & Shareholder Alignment Diversity, Inclusion & Well-Being Climate Action Transparency & Guiding Principles Appendices 19 Supply Chain We have a Supplier Code of Conduct, which sets Suppliers are also encouraged to: out our expectations for organizations, including • Reduce GHGs; their employees and representatives, who • Preserve water and minimize water pollutants; supply goods and services to us (collectively, • Maintain soil, biodiversity and our “Suppliers”). The Supplier Code of Conduct ecosystem quality; is to be delivered to Suppliers who acknowledge • Reduce resource waste and foster optimal in our contractual arrangements that they have resource use; received and will comply with the Supplier Code • Incorporate climate change risk assessment of Conduct. Although Franco-Nevada has certain into their risk management procedures; and suppliers of office supplies for our corporate • Measure and publicly report on their climate operations, most of our Suppliers are technical, change risk and environmental performance. ESG and other consultants who provide information and advice to our company to In addition, in accordance with our Climate support and supplement our due diligence when Action Policy (described on page 36), before evaluating royalty and stream opportunities. transacting with any significant provider of goods for our corporate operations, we ensure Suppliers are expected to: that such supplier has commitments, plans, • Conduct their business activities targets and initiatives aligned with net-zero in compliance with laws and standards emissions by 2050 or sooner. in the jurisdictions in which they operate; • Prevent conflicts of interest Failure of any of our Suppliers to comply with Franco-Nevada; with our Supplier Code of Conduct may result • Employ individuals above the legal age in the termination of our relationship with of employment, not to use forced or slave the Supplier. To date, we have not been aware labour, meet minimum wage requirements of any such failure by our Suppliers to comply Workers at the Antapaccay project, Peru and not exceed working hour and with our Supplier Code of Conduct. day regulations; “The Supplier Code of Conduct is to be delivered • Recognize freedom of association and the right to collective bargaining; Related Policies and Statements: to Suppliers who acknowledge in our contractual • Refrain from discriminating against their employees; • Supplier Code of Conduct arrangements that they have received and will • Respect the dignity of their own employees • Climate Action Policy and others, adhere to principles of diversity comply with the Supplier Code of Conduct.” and maintain a respectful workplace; and • Afford equality of opportunity to all people.
2023 ESG Report | Franco-Nevada Page 20 Page 22