Precious Metals Exploration Assets PRECIOUS METALS EXPLORATION ASSETS Franco-Nevada has interests in 244 exploration stage mining properties (158 precious metals assets and 86 diversified (mining) assets) as at April 2, 2024. Exploration assets represent interests on projects where technical feasibility and commercial viability of extracting Mineral Resources are not demonstrable. Some of these assets have associated Mineral Resources that, to be economic, may require additional Mineral Resources, higher commodity prices, permitting approval, lower geopolitical risk or a better financing environment. A good portion of the properties are inactive and may not see activity again. Some of the properties are in proximity to producing or advanced projects. Franco-Nevada has not visited or audited its full list of exploration assets and has relied on operator reports and/or public disclosures to determine which properties are in good standing. It is possible some properties may have lapsed. The following table is a list of the precious metals exploration assets of Franco-Nevada as at April 2, 2024. A list of the diversified (mining) exploration assets can be found on pages 104-105. Assets that have had their terms or leases expire and have been written off by Franco-Nevada are not listed. Precious Metals Exploration Assets as at April 2, 2024 Asset Operator Interest and %1 South America Terra Escura, Brazil Talon Ferrous Mineracao Ltda/Votorantim S.A. 1-2% NSR (All Metals); 4% Cash Dividends La Coipa, Chile Kinross Gold Corporation 3% NSR (Au) Pascua-Lama, Chile Barrick Gold Corporation 0.54-2.7% NSR (Cu, Au) San Guillermo, Chile Austral Gold Limited (Guanaco Compania Minera SpA) 1-2% NSR (All Minerals) Volcan (Ojo de Agua), Chile Hochschild Mining plc (Tiernan Gold Corp.) 1.5% NSR (All Minerals) Ayahuanca, Peru Apumayo SAC 1% NSR (Au) Choreveco, Peru Minera del Norte S.A./Aruntani S.A.C. 0.1-0.3% NSR (Au) Cristiana, Peru Fresnillo Peru S.A.C. 1.5% NSR (All Metals) Los Pinos, Peru Tamerlane Ventures Inc. 0.5% NSR (All Metals) Mansa Musa (Minasnioc), Peru Peruvian Metals Corp. 2% NSR (All Metals) Parinacochas (Urbaque), Peru Hochschild Mining plc 2% NSR (All Minerals) Pukaqaqa (Antoro Sur), Peru Nexa Resources Peru S.A.A. 1-2% NSR (All Minerals) Yanamina, Peru EV Resources Ltd. 5% NSR (All Minerals) Central America and Mexico Diver Cerro San Pedro, Mexico New Gold Inc. 1.95% NSR (Au, Ag) United States sified Assets Planet, Arizona Planet Mining Company LLC 2% NSR (All Minerals) (buy-back option on 1%) Cripple Creek, Colorado Searchlight Exploration LLC 3% NSR (Au, Ag) La Plata Allard Stock, Colorado Metallic Minerals Corp. 1.5% NSR (All Minerals) Corbin Wickes, Montana Eastern Resources, Inc. 5% NSR (Au) Elkhorn, Montana Eastern Resources, Inc. 1.1875% NSR (Au) Lewis and Clark County, Montana Hartmut W. Baitis et al 1% NSR (All Minerals) Carlin (Currant Creek), Nevada Carlin Gold Corp. 3% NSR (All Minerals) Carlin (Railroad), Nevada Orla Mining Ltd. 1% NSR (All Minerals) Carlin (Willow Creek), Nevada Carlin Gold Corp. 1% NSR (All Minerals) Dune, Nevada Integra Resources Corp. (Millennial NV LLC) 2% NSR (All Minerals) (buy-back option on 1%) Mineral Resources and Mineral Reser Eden, Nevada Integra Resources Corp. (Millennial NV LLC) 2% NSR (All Minerals) (buy-back option on 1%) Fire Creek, Nevada Hecla Mining Company 2.5% NSR (Au, Ag) Gabbs, Nevada P2 Gold Inc. (P2 Gabbs Inc.) 2% NSR (All Minerals) (buy-back option on 1%) Getchell, Nevada Barrick Gold Corporation 2% NSR (Au) Goldstrike (Rodeo Creek), Nevada Nevada Gold Mines LLC 4% NSR; capped at $500K (Au, Ag) Granite Creek (Getchell), Nevada i-80 Gold Corp. (Osgood Mining Company LLC) 2% NSR (Au) Hollister, Nevada Hecla Mining Company 3-5% NSR (Au, Ag) Limousine Butte, Nevada NevGold Corp. 1.5-2.5% NSR (Au) Marigold (SAR), Nevada SSR Mining Inc. 5% NSR (Au) Marigold (Trout Creek), Nevada Nevada Gold Mines LLC 3% NSR (Au) Marr, Nevada Integra Resources Corp. (Millennial NV LLC) 2% NSR (All Minerals) (buy-back option on 1%) ves Midas, Nevada Hecla Mining Company 2.5% NSR (Au, Ag) Mountain View 1, Nevada Integra Resources Corp. 1% NSR (All Minerals) Mountain View 2, Nevada Integra Resources Corp. (Millennial NV LLC) 0.5% NSR (Au) Nevada Mineral-Eureka County, Nevada Nevada Gold Mines LLC 2% NSR (All Minerals) Ocelot, Nevada Integra Resources Corp. (Millennial NV LLC) 2% NSR (All Minerals) (buy-back option on 1%) Preble, Nevada Barrick Gold Corporation/Nevada Gold Mines LLC 10% NP (Au) Preble (Pinson Fee), Nevada Barrick Gold Corporation 1.5-7.5% NSR (Au, Ag) Additional Inf Rain-Emigrant-Saddle, Nevada Nevada Gold Mines LLC 1.5% NSR (All Minerals) Sandman, Nevada Gold Bull Resources Corp. 0.5674% NSR on initial 200K oz (Au) Sleeper, Nevada Paramount Gold Nevada Corp. 2% NSR (All Minerals) Tonkin Springs, Nevada McEwen Mining Inc. 1-2% NSR (Au) or Wildcat, Nevada Integra Resources Corp. (Millennial NV LLC) 0.5% NSR (Au) mation Kings Canyon, Utah Pine Cliff Energy Ltd. 4% NSR (Au) Silver Bell, Utah Unico, Inc. 5% NSR plus other (Au, Cu, Pb, Zn) TUG (Tecoma), Utah Fronteer Development (USA) Inc. 5% NSR (All Minerals) TSX / NYSE: FNV Franco-Nevada Corporation ★ 85