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Responsible Capital Allocation Community Contributions Good Governance & Shareholder Alignment Diversity, Inclusion & Well-Being Climate Action Transparency & Guiding Principles Appendices 5 Employees at Condestable project, Peru Responsible Contents Due Diligence Process 6 Ongoing Asset Management 7 Capital Allocation Key ESG Factors 8 • Health and Safety 9 • Carbon Footprint 10 We are committed to allocating capital to responsible operators that • Water Management and Risk 12 • Tailings Management 13 provide safe workplaces for their workforce, limit the environmental • Biodiversity 14 impacts of their projects and provide net benefits for their communities. Sustainable Investment Opportunities 16 Supply Chain 19

2023 ESG Report | Franco-Nevada - Page 7 2023 ESG Report | Franco-Nevada Page 6 Page 8