Responsible Capital Allocation Community Contributions Good Governance & Shareholder Alignment Diversity, Inclusion & Well-Being Climate Action Transparency & Guiding Principles Appendices 9 1 Health and Safety Top Mining Producers: TRIFR, LTIFR and Fatalities Health and safety risks are inherent in many While we seek to review and track safety data Total recordable injury Lost time injury Fatalities (#) frequency rate (TRIFR) frequency rate (LTIFR) businesses and especially so with mining for the particular assets where we have deployed 2019 2020 2021 2019 2020 2021 2019 2020 2021 operations. Mine sites expose employees capital, this data is not always publicly available. and contractors to potentially lethal risks that, We have highlighted the TRIFR, LTIFR and number 0.31 0.32 0.33 0.05 0.06 0.07 0 0 1 in addition to causing bodily harm, can also of fatalities for our Top Mining Producers in the impact the success and viability of a project. adjacent table. This information is disclosed by 0.66 0.55 0.54 0.40 0.26 0.39 0 1 0 operators on a consolidated basis for all of their Franco-Nevada is particularly attentive to the operations and the safety figures provided health and safety track records of the operators do not solely relate to the projects in which 0.58 0.54 0.48 0.20 0.19 0.17 17 8 4 and operations in which we look to deploy Franco-Nevada has royalty or stream interests. capital (for further information, please see the 0.85 0.74 0.67 0.30 0.25 0.17 0 0 0 section entitled Due Diligence Process). When The adjacent figures have been benchmarked making acquisitions and thereafter, we track against GlobalData six-year (2015-2020) mining 2 0.82 0.73 0.64 0.34 0.29 0.27 1.2 0.4 1.2 the following widely-adopted safety metrics industry averages from a group of 54 major global for certain of our existing assets: mining companies. For the sake of simplicity, 0.69 0.40 0.28 0.11 0.14 0.08 242 4 2 we have colour coded where such statistics are • Total recordable injury frequency rate average, better than average, or below average. (“TRIFR”) refers to the frequency of NR NR NR 1.23 1.27 1.24 11 6 11 recordable work-related injuries for every We acknowledge that these metrics have 3 200,000 hours worked. TRIFR is calculated certain limitations and can vary depending on NR 1.34 1.42 1.05 1.11 1.20 6 9 20 by the number of lost time, restricted work the operational jurisdiction, mining method, and medical treatment cases x 200,000 then workforce capability, and the standards and 4 0.99 1.02 0.78 NR 0.68 0.42 0 0 1 divided by the total hours worked. methodologies employed by operators for determining and recording lost time, restricted 5 • Lost time injury frequency rate work, etc. Notwithstanding, they are valuable 0.45 0.34 0.29 0.10 0.07 0.08 0 1 2 (“LTIFR”) is a limited subset of TRIFR in providing a snapshot of the safety profiles and refers to the frequency of lost time of our Top Mining Producers, benchmarked - Better than average (<10% of industry average) cases for every 200,000 hours worked. against industry averages. 6 - Average (within 10% of industry average) LTIFR is calculated by the number of lost Legend - Below average (>10% of industry average) time cases x 200,000 then divided by the total hours worked. 1 Figures are based on operators’ public disclosure and are consolidated at the group level (all operations); TRIFR and LTIFR are per 200,000 hours worked and have been adjusted where certain • Number of fatalities refers to the total operators have disclosed on a one million hour basis; figures include both employees and contractors; unless noted, fatalities do not relate to projects in which Franco-Nevada has a royalty or number of fatalities. stream interest; “NR” means not recorded by the operator. 2 Safety stats are based on Teck’s percentage of ownership, including where it has less than a 50% interest (e.g. 22.5% of Antamina). In 2021, there was one fatality at Antamina in Peru, where we have a stream interest. 3 In 2021, there were two fatalities at Sibanye-Stillwater’s Stillwater mine in Montana, where we have a royalty interest. 4 Beginning in 2021, such figures are consolidated with Kirkland Lake Gold (previous owner of Detour Gold in which we have royalty interests). LTIFR was calculated using public data, including total number of hours worked at all operations and number of lost time injury incidents. 5 There was one fatality in 2021 at Barrick’s Hemlo mine in Ontario, where we have a royalty interest. 6 Source: GlobalData six-year (2015-2020) industry averages for 54 global miners: TRIFR average: 0.79 per 200,000 hours; LTIFR average: 0.44 per 200,000 hours; Number of fatalities average: 4.95.