Additional Information TECHNICAL AND THIRD-PARTY INFORMATION w vie Over Amri Sinuhaji, Vice President, Mining of Franco-Nevada is the qualified person that approved the scientific or technical information contained in this Asset Handbook related to mineral projects that are material (for purposes of NI 43-101) to Franco-Nevada. Except where otherwise stated, the disclosure in this Asset Handbook relating Mineral Resource and Mineral Reserve Estimates to properties and operations on the properties on which Franco-Nevada holds This Asset Handbook has been prepared in accordance with the requirements royalty, stream or other interests is based on information publicly disclosed by of Canadian securities laws in effect in Canada, which differ from the requirements the owners or operators of these properties and information/data available in the of U.S. securities laws. Unless otherwise indicated, all Mineral Resource and Mineral public domain as at March 8, 2024 (except where stated otherwise), and none of Reserve estimates included in this Asset Handbook have been prepared by the this information has been independently verified by Franco-Nevada. Specifically, as owners or operators of the relevant properties (as and to the extent indicated a royalty or stream holder, Franco-Nevada has limited, if any, access to properties by them) in accordance with NI 43-101 and the Canadian Institute of Mining and included in its asset portfolio. Additionally, Franco-Nevada may from time to time Metallurgy Classification System. NI 43-101 is a rule developed by the Canadian receive operating information from the owners and operators of the properties, securities regulatory authorities which establishes standards for all public which it is not permitted to disclose to the public. Franco-Nevada is dependent on disclosure an issuer makes of scientific and technical information concerning Precious Metalsthe operators of the properties and their qualified persons to provide information to Franco-Nevada or on publicly available information to prepare disclosure mineral projects. NI 43-101 permits a historical estimate made prior to the pertaining to properties and operations on the properties on which Franco-Nevada adoption of NI 43-101 that does not comply with NI 43-101 to be disclosed using holds royalty, stream or other interests and generally has limited or no ability to the historical terminology if, among other things, the disclosure: (a) identifies the independently verify such information. Although Franco-Nevada does not have any source and date of the historical estimate; (b) comments on the relevance and knowledge that such information may not be accurate, there can be no assurance reliability of the historical estimate; (c) states whether the historical estimate uses that such third-party information is complete or accurate. Some information publicly categories other than those prescribed by NI 43-101; and (d) includes any more reported by operators may relate to a larger property than the area covered by recent estimates or data available. Franco-Nevada’s royalty, stream or other interest. Franco-Nevada’s royalty, stream Mining disclosure under U.S. securities law was previously required to comply with or other interests often cover less than 100% and sometimes only a portion of the SEC Industry Guide 7 (“SEC Industry Guide 7”) under the United States Securities publicly reported Mineral Resource, Mineral Reserve and production of a property. Exchange Act of 1934, as amended. The SEC has adopted rules to replace SEC Reconciliation to CIM Definitions Industry Guide 7 with new mining disclosure rules under sub-part 1300 of Regulation S-K of the U.S. Securities Act of 1933 (“Regulation S-K 1300”), which In this Asset Handbook, Franco-Nevada has disclosed a number of Mineral became mandatory for U.S. reporting companies beginning with the first fiscal year sified Assets Resource and Mineral Reserve estimates covering properties related to the mining commencing on or after January 1, 2021. Under Regulation S-K 1300, the SEC now assets that are not based on Canadian Institute of Mining, Metallurgy and recognizes estimates of “Measured Mineral Resources”, “Indicated Mineral Diver Petroleum (“CIM”) definitions, but instead have been prepared in reliance upon Resources” and “Inferred Mineral Resources”. In addition, the SEC has amended other comparable international reporting codes, including JORC (Australia), SAMREC its definitions of “Proven Mineral Reserves” and “Probable Mineral Reserves” (South Africa) and Regulation S-K 1300 (collectively, the “Acceptable Foreign to be substantially similar to international standards. Readers are cautioned that Codes”). Similar to the CIM, reporting standards adopted by these Acceptable despite efforts to harmonize U.S. mining disclosure rules with NI 43-101 and other Foreign Codes are all compliant with the international Mineral Resource and international requirements, there are differences between the terms and definitions Mineral Reserve Guidelines defined by the Committee for Mineral Reserves used in Regulation S-K 1300 and mining terms defined in the Canadian Institute of International Reporting Standards (“CRIRSCO”). Mining, Metallurgy and Petroleum Standards, which definitions have been adopted ves by NI 43-101, and there is no assurance that any Mineral Resources or Mineral In each case, the Mineral Resources and Mineral Reserves reported in this Asset Reserves that an owner or operator may report as “Measured Mineral Resources”, Handbook are based on estimates previously disclosed by the relevant property “Indicated Mineral Resources”, “Inferred Mineral Resources”, “Proven Mineral owner or operator, without reference to the underlying data used to calculate the Reserves” and “Probable Mineral Reserves” under NI 43-101 would be the same estimates. Accordingly, Franco-Nevada is unable to reconcile the Mineral Resource had the owner or operator prepared the Mineral Resource and Mineral Reserve and Mineral Reserve estimates prepared in reliance with the Acceptable Foreign estimates under the standards of Regulation S-K 1300. Codes with that of CIM definitions. Franco-Nevada sought confirmation from one of its technical advisory firms, that is comprised of engineers experienced in the In addition to NI 43-101, a number of Mineral Resource and Mineral Reserve preparation of Mineral Resource and Mineral Reserve estimates using CIM and estimates have been prepared in accordance with the JORC Code or the SAMREC each of the Acceptable Foreign Codes, of the extent to which an estimate prepared Code (as such terms are defined in NI 43-101), which differ from the requirements under an Acceptable Foreign Code would differ from that prepared under CIM of NI 43-101 and U.S. securities laws. Accordingly, information containing definitions. Franco-Nevada was advised that CIM are largely comparable to those descriptions of the Corporation’s mineral properties set forth herein may not be Mineral Resources and Mineral Reserof the Acceptable Foreign Codes, the Mineral Resource and Mineral Reserve comparable to similar information made public by U.S. companies subject to the definitions and categories are substantively the same as the CIM definitions reporting and disclosure requirements under the U.S. federal securities laws mandated in NI 43-101 and will typically result in reporting of substantially similar and the rules and regulations thereunder. For more information, see “Reconciliation Mineral Resource and Mineral Reserve estimates. Such advisors further confirmed, to CIM Definitions”. without reference to the procedures in which the estimates prepared using Acceptable Foreign Codes that are reproduced in this Asset Handbook were conducted, that in the course of their preparation of a Mineral Resource or Mineral Reserve estimate they would effectively use the same procedures to prepare and mation report the Mineral Resource or Mineral Reserve estimate regardless of the reliance or on CIM or any of the Acceptable Foreign Codes. Additional Inf 134 ★ Franco-Nevada Corporation TSX / NYSE: FNV