Responsible Capital Allocation Community Contributions Good Governance & Shareholder Alignment Diversity, Inclusion & Well-Being Climate Action Transparency & Guiding Principles Appendices 14 Biodiversity Operators’ and operational impacts on biodiversity “...Franco-Nevada reviews Our Top Mining Producers Ranked: are carefully regarded by Franco-Nevada when World Benchmarking Alliance: Nature Benchmark, Ecosystems and Biodiversity ranking (2022)* deciding where to deploy capital (for further the impact on biodiversity information, please see the section entitled Out of 97 Out of 389 Due Diligence Process). A mining or energy and ecosystems global metals and global companies company’s or project’s ecological profile can be mining companies from all industries difficult to navigate, with no two environments throughout the being the same, and operators’ plans and actions 1 4 are traditionally not measurable or quantifiable lifecycle of a project...” using universal standards or metrics. 8 25 Franco-Nevada reviews the impact on biodiversity Our Top Mining and ecosystems throughout the lifecycle 17 51 Producers: of a project, including preliminary strategic assessments of biodiversity impacts caused 25 81 7 of 10... by project development, life of project “no-net- have formalized commitments loss” commitments to offset unavoidable impacts not to explore or mine in World on biodiversity through regional conservation 26 82 Heritage Sites activities, and plans for site rehabilitation and reclamation upon project closures. 39 132 7 of 10... have commitments to securing We track the environmental impacts of certain a net neutral or positive impact of our existing assets and we look to partner with 54 198 on biodiversity at their operations operators to contribute to biodiversity-related 6 of 10... initiatives in proximity to projects where we have NR NR have submitted responses to the royalty and stream interests. We have included Carbon Disclosure Project (CDP) on these pages the World Benchmarking Alliance: forests questionnaire Nature Benchmark, Ecosystems and Biodiversity NR NR rankings for our Top Mining Producers in 2022. 6 of 10... On the next page, we have also highlighted NR NR reported no significant incidents the performance and some of the biodiversity or non-compliance relating commitments and initiatives by our Top Mining to biodiversity in 2021 Producers, including an in-depth look at two 6 of 10... of our Top Mining Assets, Cobre Panama and are WGC and/or ICMM members, Detour Lake, which information is derived from * The World Benchmarking Alliance is a United Nations organization launched in 2018 to ensure that business impact which have biodiversity standards the 2022 sustainability reports of First Quantum is measured, in an effort to boost motivation and stimulate action for a sustainable future for everyone. The Ecosystems and commitments for members and Agnico Eagle, respectively. and biodiversity measurement area assesses the extent to which companies understand their impacts and dependencies on nature as well as how they tackle their main pressures on ecosystems and biodiversity. It is composed of sixteen indicators covering topics such as land and sea use change, direct exploitation and invasive alien species.