Rest of World MATILDA (WILUNA) Location: Australia | Operator: Wiluna Mining Corporation Limited | Precious Metals: Au | Royalty: NSR: 3.6% w vie Over Franco-Nevada holds a 3.6% NSR royalty on all gold production from the Matilda/Wiluna Gold Project located in Western Australia, covering 2 all of the 1,150 km property. Wiluna was discovered in 1896 and has produced in excess of 4.0 million of gold in 2023. Franco-Nevada executed a Forbearance and Convertible ounces of gold to date, with nearly continuous production from 1987 Note Deed with the Administrators of WMC in August 2023. Under this to 2022. Wiluna has a 2.1 Mtpa CIL treatment plant and has processed agreement, royalties continue to accrue to Franco-Nevada, but Franco-Nevada ore from several open pit and underground deposits. Wiluna Mining agreed not to enforce its rights under the royalty agreement while WMC Corporation Limited (“WMC”) commissioned a 750,000 tpa Sulphide Ore seeks to recapitalize and relist on the ASX. WMC published a Pre-Feasibility Concentrate Plant in 2021, but then went into Voluntary Administration Restart Study in February 2024, and a strategic review is underway. on July 20, 2022. Mining operations ceased on December 14, 2022. Franco-Nevada received no royalty revenue from Matilda/Wiluna in 2023. Stockpile processing continued to February 2023. Small-scale tailings For Royalty Ounce calculation, Franco-Nevada estimates 100% of Mineral Resources and Mineral reprocessing activity continued throughout 2023, to offset ongoing care Reserves are subject to our royalty interest and estimates a rate of 3.6% is applicable and maintenance costs.Total production at Wiluna was 20,5435 ounces Precious Metals KIZILTEPE Location: Türkiye | Operator: Zenit Madencilik San. ve Tic. A.S. | Precious Metals: Au & Ag | Royalty: NSR: 2.5% Franco-Nevada has a 2.5% NSR on the Kiziltepe gold-silver mine located in Türkiye which started production in April 2017. Kiziltepe is operated by Zenit Madencilik San. ve Tic. A.S., a JV owned with potential to increase to at least 10 years including satellite deposits. by Özaltin Holding A.S. (53%), Ariana Resources PLC (“Ariana Resources”) Extensive near-mine exploration is underway, with positive results (23.5%) and Proccea Construction Co. (23.5%). Kiziltepe produced received across various vein systems covered by Franco-Nevada’s royalty. 17,683 ounces of gold in 2023 compared with 28,421 ounces of gold For Royalty Ounce calculation, Franco-Nevada estimates 100% of the Mineral Resources and in 2022. Ariana Resources has previously estimated average production Mineral Reserves are subject to our royalty interest and estimates a rate of 2.5% is applicable. of 20,000 ounces of gold equivalent per year over an 8-year mine life Kiziltepe, Türkiye 82 ★ Franco-Nevada Corporation TSX / NYSE: FNV