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Responsible Capital Allocation Community Contributions Good Governance & Shareholder Alignment Diversity, Inclusion & Well-Being Climate Action Transparency & Guiding Principles Appendices 2 Report Highlights Focus on employee well-being and accommodations Due diligence to invest in strong ESG performers Maintaining a safe and supportive environment for our global workforce is a top priority for Our principal ESG-related focuses when making Franco-Nevada. We have highlighted the efforts investments are highlighted in this ESG Report, made by our organization to promote the physical including health and safety, carbon footprint, and mental well-being of our employees, water management and risk, tailings management including providing hybrid work arrangements, and biodiversity. We have also assessed how the health benefits, wellness allowances, operators of our top revenue-generating assets accommodations for cultural and religious have performed in each of these five categories. beliefs, and the ability to disconnect when Continental Resources’ solar panels at West Blaine recycling Lloyd Hong, Chief Legal Officer (left) and Sandip Rana, not working. facility, which Franco-Nevada is helping to finance Read more à (page 8) Chief Financial Officer (right) Read more à (page 32) New climate action policy Furthered diverse representation and net-zero goals and and diversity initiatives commitments Increased community contributions and commitments We increased the diverse representation in our Financed emissions are We have adopted a Climate Action Policy, global workforce, with 43% of senior management included in Scope 3 emissions which sets out our goal to achieve net-zero GHG Our community contributions funded increased and 60% of our overall team comprised of emissions by 2050 at our corporate workplaces year-over-year, including our renewed Enseña diverse persons. We have also expanded We have measured and disclosed financed GHG and the measures we will take to further this Peru funding and the Alto Huarca water project, our Board diversity targets with the new goal emissions attributable to our royalty and stream goal, including measuring and disclosing our among other initiatives. During the year, we made of having, by 2025, at least one diverse director interests. Financed GHG emissions were corporate GHG emissions, adopting science- new commitments with G Mining Ventures and on grounds broader than gender diversity. The calculated in alignment with the Greenhouse based GHG emission reduction targets, and Argonaut Gold to partner in community initiatives number of Franco-Nevada Diversity Scholarship Gas Protocol reporting standards and included providing annual updates on our progress. near their operations where we invested in 2022. awards were increased in 2022 and we made as Scope 3, Category 15 (Investments) emissions. We also commit to evaluate the decarbonization We continue to support mining industry groups several diversity-related donations and In this ESG Report, we include a primer for commitments, plans, targets and initiatives and diversity initiatives. contributions, including in furtherance of our navigating the Greenhouse Gas Protocol of operators and operations, including their BlackNorth Initiative pledge and our support of standards, including what comprises alignment with net-zero, when making Read more à (page 21) The Prosperity Project. Scope 1, 2 and 3 emissions. investment decisions and to engage with existing partners on their plans and progress Read more à (page 29) Read more à (page 42) toward net-zero. Read more à (page 36)

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