Responsible Capital Allocation Community Contributions Good Governance & Shareholder Alignment Diversity, Inclusion & Well-Being Climate Action Transparency & Guiding Principles Appendices 4 About Franco-Nevada We are the leading gold-focused royalty and • We build long-term alignment with our stream company with the largest and most operating partners. This alignment and diversified portfolio of royalties and streams the natural flexibility of our royalties and by commodity, geography, operator, revenue streams is an effective source of capital type and stage of project. for the cyclical resource sector. We do not operate mines, develop projects or • We work to be a positive force in all our conduct exploration. Franco-Nevada has a free communities, promoting responsible mining, cash flow generating business with limited future providing a safe and diverse workplace and capital commitments and management is focused contributing to build community support on managing and growing its portfolio of royalties for the operations in which we invest. and streams. Our revenue is generated from various forms Our shares are listed on the Toronto and New of agreements, ranging from net smelter return York stock exchanges under the symbol FNV. royalties, streams, net profits interests, net royalty Franco-Nevada Corporation Board of Directors at the Cobre Panama mine, Panama (2022) An investment in our shares is expected to provide interests, working interests and other types investors with yield and exposure to commodity of arrangements. price and exploration optionality while limiting exposure to cost inflation and other operating risks. We recognize the cyclical nature of the industry and have a long-term investment outlook. We Our tag-line is “Franco-Nevada is the gold maintain a strong balance sheet to minimize investment that works” and we are committed financial risk and so that we can make investments to ensuring it does work, for our shareholders, during commodity cycle downturns. our operating partners and our communities: The focus of our business is to create exposure • We believe that combining lower-risk gold to gold and precious metal resource optionality. investments with a strong balance sheet, This principally involves investments in gold progressively growing dividends and mines and providing funding to copper and exposure to exploration optionality is the other base metal mines to obtain exposure right mix to appeal to investors seeking to by-product gold, silver and platinum group to hedge market instability. Since our initial metals production. We also invest in other Franco-Nevada global workforce, Canada (2022) public offering over 15 years ago, we have metals to expose our shareholders to increased our dividend annually and our additional resource optionality. “Our tag-line is “Franco-Nevada is the gold investment share price has outperformed the gold price and all relevant gold equity benchmarks. that works” and we are committed to ensuring it does work, for our shareholders, our operating partners and our communities...”