Overview ENVIRONMENTAL, SOCIAL w AND GOVERNANCE HIGHLIGHTS vie Over 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. Franco-Nevada’s Barbados team celebrates African Awareness Month FOCUS ON EMPLOYEE WELL-BEING AND ACCOMMODATIONS "We achieved our goal to have 40% diverse We have highlighted the efforts made by our organization to persons at the Board and senior management promote the physical and mental well-being of our employees, including providing hybrid work arrangements, health benefits, levels (as a group) ahead of schedule" wellness allowances, accommodations for cultural and religious beliefs, and the ability to disconnect when not working. NEW EMISSION FURTHERED DIVERSE REDUCTION TARGETS REPRESENTATION We have adopted emission reduction targets for our corporate AND DIVERSITY INITIATIVES emissions in line with our goal to achieve net-zero emissions We achieved our goal to have 40% diverse persons at the Board by 2050 or sooner. The targets include a 42% reduction of our and senior management levels (as a group) ahead of schedule. Scope 1 and 2 emissions by 2030 and a 30% reduction of our The number of Franco-Nevada Diversity Scholarship awards overall corporate emissions (Scope 1, 2 and 3, excluding financed increased in 2023, with five new students from four Canadian emissions) by 2030, each from a 2023 base year. We have universities receiving scholarships. advanced the implementation of measures and programs to reduce our carbon footprint in furtherance of our emission reduction targets. 22 ★ Franco-Nevada Corporation TSX / NYSE: FNV