Rest of World APHRODITE Location: Australia | Operator: Genesis Minerals | Precious Metals: Au | Royalty: NSR: 2.5% w vie Over Aphrodite Gold project is located in Western Australia, 65 km northwest 2 of Kalgoorlie. Franco-Nevada’s 2.5% gross royalty covers a 29 km area and all Aphrodite Mineral Resources. An advance minimum royalty of A$250,000 per annum applies from at Bardoc and in April 2023 sold a group of assets, including the Aphrodite November 2017 onward. St Barbara Limited (“St Barbara”) acquired deposit, to Genesis Minerals Limited (Genesis”) for $A 631 million. Bardoc Gold Limited for A$157 million in April 2022, and took control Aphrodite is excluded from Genesis’ latest five-year development plans. of the Bardoc Gold Project. Aphrodite is the largest of the five deposits For Royalty Ounce calculation, Franco-Nevada estimates 100% of Mineral Resources and Mineral at Bardoc. In October 2022 St Barbara deferred development plans Reserves are subject to our royalty interest and estimates a rate of 2.5% is applicable Precious MetalsPERAMA HILL Location: Greece | Operator: Eldorado Gold Corporation | Precious Metals: Au | Royalty: NSR: 2% Franco-Nevada has a 2% NSR on the Perama Hill project held by Eldorado Gold Corporation (“Eldorado”). The Perama Hill gold project is located in the Thrace region of northeastern Eldorado has reported that the project is the next mine expected 2 Greece and consists of two mining titles covering an area of 19 km to be developed in Greece after its Skouries project and that exploration 2 and two mining exploration licenses covering an area of 18 km . Perama potential in the region supports opportunities for growth. Stakeholder Hill has an estimated Mineral Reserve of 995,000 ounces (10.3 million engagement and community consultation is commencing in H1 2024, tonnes grading 3.01 g/t) and contemplates operating as a small open pit with next steps to advance through the EIA process. mine using a conventional carbon-in-leach gold recovery circuit with a 10-year For Royalty Ounce calculation, Franco-Nevada estimates 100% of Mineral Resources and Mineral Reserve mine life at approximately 100,000 ounces of gold per year. Reserves are subject to our royalty interest and estimates a rate of 2.0% is applicable 84 ★ Franco-Nevada Corporation TSX / NYSE: FNV
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