Additional Information CORPORATE ORGANIZATION Franco-Nevada Corporation (Canada) 100% 100% 100% Franco-Nevada U.S. Franco-Nevada Franco-Nevada Corporation Australia Pty Ltd (Barbados) Corporation (Delaware) (Australia) (Barbados) 100% Franco-Nevada Delaware LLC (Delaware) Chart above depicts significant subsidiaries and/or subsidiaries in jurisdictions in which Franco-Nevada maintains an office. Intermediate holding companies have been omitted. TSX / NYSE: FNV Franco-Nevada Corporation ★ 131