Overview CONTENTS w Overview Diversified Assets vie Over Message to Stakeholders 5 Iron Ore 92 Our History 6 Other Mining 95 Our Business Model 7 Diversified (Mining) Exploration Assets 104 Funding Successful Mines 8 Energy Assets 106 Diversified Portfolio With Low Risk 9 Energy Exploration Assets 115 Global Assets 10 Asset Portfolio 12 Mineral Resources and Mineral Reserves Historical Performance 14 Gold Mineral Resources 118 Track Record 16 Gold Mineral Reserves 119 Organic Growth Drivers 17 Mineral Resources and Mineral Reserves 120 Royalty Optionality 18 Royalty Ounces 19 Additional Information Precious Metals Royalty Ounces 20 Asset Counts, Acreage of Assets 126 Diversified Royalty Ounces 21 Mine Life Index 127 Environmental, Social and Governance Highlights 22 Board of Directors 128 Executive Management 130 Precious Metals Assets Corporate Organization 131 South America 28 Non-GAAP Financial Measures 132 Central America & Mexico 38 Technical and Third-Party Information 134 United States 42 Forward-Looking Information 135 Canada 53 Glossary 136 Rest of World 72 Corporate Information 138 Precious Metals Exploration Assets 85 This Asset Handbook has not been prepared in connection with the sale of securities and is not an offering memorandum and should not be relied upon as such. This Asset Handbook does not constitute an offer to sell or a solicitation for an offer to purchase any security in any jurisdiction. Information relating to projects, properties and their owners and operators presented in this Asset Handbook has been sourced from the public disclosure of the owners and operators of our assets available as at March 8, 2024 (except where stated otherwise). More current information may become available in our subsequent disclosure and on our website. This Asset Handbook contains information about many of our assets, including those that may not currently be material to us. Also, the description and depiction of our business and assets have been simpli昀椀ed for presentation purposes. Dollar references are in U.S. dollars unless otherwise noted. This Asset Handbook should be read with reference to the explanatory notes and cautionary statements contained in the Additional Information section found at the end of this Asset Handbook. Please also refer to the additional supporting information and explanatory notes found in our Annual Information Form (“AIF”), our annual Management’s Discussion & Analysis (“MD&A“), and our Annual Report on Form 40-F available at www.sedarplus.com and www.sec.gov, respectively, and on our website at www.franco-nevada.com. This Asset Handbook complements but does not form part of such documents.