E N V I R O N M E N T A L , S O C I A L A N D G O V E R N A N C E H I G H L I G H T S Franco-Nevada’s 2024 ESG Report is available on our website. Highlights from the report are summarized below. DUE DILIGENCE TO INVEST IN STRONG ESG PERFORMERS Our principal ESG-related focuses when making investments are highlighted in our 2024 ESG Report, including health and safety, carbon footprint, water management and risk, tailings management and biodiversity. We have also assessed how the operators of our top revenue-generating mining assets have performed in each of these five categories. INCREASED COMMUNITY CONTRIBUTIONS AND COMMITMENTS Our community contributions funded increased year-over-year, including our renewed Enseña Peru funding in Peru and new contributions in Brazil, Senegal, the United States, and Canada. We continue to support mining industry groups and diversity initiatives. FOCUS ON EMPLOYEE WELL-BEING AND ACCOMMODATIONS We have highlighted the efforts made by our organization to promote the physical and mental well-being of our employees, including providing hybrid work arrangements, health benefits, wellness allowances, accommodations for cultural and religious beliefs, and the ability to disconnect when not working. FURTHERED DIVERSE REPRESENTATION AND DIVERSITY INITIATIVES We achieved our goal to have 40% diverse persons at the Board and senior management levels (as a group) ahead of schedule. The number of Franco-Nevada Diversity Scholarship awards increased in 2023, with five new students from four Canadian universities receiving scholarships. Franco-Nevada’s Barbados team celebrates African Awareness Month "We achieved our goal to have 40% diverse persons at the Board and senior management levels (as a group) ahead of schedule" NEW EMISSION REDUCTION TARGETS We have adopted emission reduction targets for our corporate emissions in line with our goal to achieve net-zero emissions by 2050 or sooner. The targets include a 42% reduction of our Scope 1 and 2 emissions by 2030 and a 30% reduction of our overall corporate emissions (Scope 1, 2 and 3, excluding financed emissions) by 2030, each from a 2023 base year. We have advanced the implementation of measures and programs to reduce our carbon footprint in furtherance of our emission reduction targets. TSX / NYSE: FNV 22 ★ Franco-Nevada Corporation Overview