102 Western Limb includes the precious metals stream on Sibanye Stillwater Limited’s Western Limb mining operations and the net smelter return royalty on the Pandora property 103 Magna Mining Inc.; Corporate Presentation, February 2025 and McCreedy West Mine NI 43-101 Technical Report, October 28, 2024 104 Ring of Fire Metals Pty Ltd.; Eagle’s Nest Project NI 43-101 Technical Report, January 24, 2024 105 Generation Mining Limited; Marathon Palladium & Copper Project NI 43-101 Technical Report, May 31, 2024 106 Newmont Corporation; News Release, February 20, 2025. Yanacocha, as represented in the table, includes Conga 107 Vale S.A.; Form 20-F, April 19, 2024. Details of Vale’s Participating Debentures are available on Vale’s website 108 SolGold Plc.; Annual Information Form, September 26, 2024 109 Teck Resources Limited; Annual Information Form, February 19, 2025 110 First Quantum Minerals Ltd.; Taca Taca Project NI 43-101 Technical Report, March 29, 2021 111 Lundin Mining Corporation; News Release, February 12, 2025 112 Los Andes Copper Ltd.; Corporate Presentation, February 5, 2025 113 Hudbay Minerals Inc.; Investor Presentation, February 24, 2025 114 KGHM Polska Miedź S.A.; Mineral Resources and Reserves Report, December 31, 2014 115 Strickland Metals Limited; ASX Announcement, February 19, 2025 116 Glencore plc; Resources & Reserves as at December 31, 2014 117 Ring of Fire Metals Pty Ltd.; Eagle’s Nest Project NI 43-101 Technical Report, January 24, 2024 118 Canada Nickel Company, Inc.; Crawford Nickel Sulfide Project NI 43-101 Technical Report, October 1, 2023 119 BHP Group Limited; Annual Report, August 26, 2024 120 Noront Resources Ltd.; Black Thor, Black Label and Big Daddy NI 43-101 Technical Report, July 27, 2015 and Eagle’s Nest Project NI 43-101 Technical Report, October 19, 2012 for Blackbird 121 Vale S.A.; Form 20-F, April 19, 2024. Details of Vale’s Participating Debentures are available on Vale’s website 122 Labrador Iron Ore Royalty Corporation; Annual Information Form, March 11, 2025 123 Franco-Nevada holds a 9.9% equity interest in LIORC. LIORC, directly and through its wholly- owned subsidiary, owns a 15.1% equity interest in Iron Ore Company of Canada and receives a 7% gross overriding royalty on the operation and also receives a C$0.10/t commission on sales of iron ore TSX / NYSE: FNV 120 ★ Franco-Nevada Corporation Mineral Resources and Mineral Reserves Overview Precious Metals Diversified Assets Mineral Resources and Mineral Reserves