A S S E T P O R T F O L I O Precious Metals Revenue ($ millions) Asset Operator Interest and % (Gold unless otherwise noted)1 2024 2023 2022 Notes Precious Metals South America Candelaria Lundin Mining Stream 68% Gold & Silver $163.1 $130.3 $125.8 7, P Antapaccay Glencore Stream (indexed) Gold & Silver 131.0 120.1 95.2 7, P Antamina Teck Resources Stream 22.5% Silver 55.3 50.5 68.4 7, P Condestable Southern Peaks Mining Stream Gold & Silver, Fixed through 2025 then %8 29.9 23.7 22.4 7, P Tocantinzinho G Mining Ventures Stream 12.5% 15.4 – – 7, P Yanacocha Newmont NSR 1.8% 7.5 – – P Other (20 assets) 8.3 5.2 6.3 Px3, Ax4, Ex13 Central America & Mexico Cobre Panama First Quantum Minerals Stream (indexed) Gold & Silver 0.1 248.9 223.3 7, 12, A Guadalupe-Palmarejo Coeur Mining Stream 50% 84.8 66.8 74.2 2, 4, 7, P Other (1 asset) – – – Ex1 Canada Detour Lake Agnico Eagle Mines NSR 2% 31.9 25.9 26.3 P Hemlo Barrick Gold NSR 3%, NPI 50% 16.4 22.7 28.2 2, 6, P Macassa (Kirkland Lake) Agnico Eagle Mines NSR 1.5-5.5%, NPI 20% 10.0 6.3 5.5 3, 4, P Sudbury Magna Mining Stream 50% PGM & Gold 9.9 17.6 21.4 2, 7, Px2 Greenstone Greenstone Gold Mines NSR 3% 9.2 – – P Brucejack Newmont NSR 1.2% 7.2 5.9 5.8 2, P Magino Alamos Gold NSR 3% 5.6 1.3 – P Other (76 assets) 11.9 12.6 10.4 Px5, Ax13, Ex58 United States Stillwater Sibanye Stillwater NSR 5% PGM 21.2 26.1 36.8 2, P Goldstrike Nevada Gold Mines NSR 2-4%, NPI 2.4-6% 19.4 13.1 19.2 2, 3, P Bald Mountain Kinross Gold NSR/GR 0.875-5% 16.8 11.7 8.4 2, 3, 4, 5, P Marigold SSR Mining NSR 1.75-5%, GR 0.5-4% 6.5 11.2 7.5 2, 3, 4, 5, P Gold Quarry Nevada Gold Mines NSR 7.29% 3.0 3.0 4.9 2, 4, P Other (43 assets) 11.6 6.9 9.5 Px4, Ax4, Ex35 Rest of World MWS Harmony Gold Mining Stream 25% 55.9 50.4 39.2 7, P Subika (Ahafo) Newmont NSR 2% 34.7 19.4 18.0 2, P Tasiast Kinross Gold NSR 2% 30.5 24.5 18.3 P Sabodala Endeavour Mining Stream 6%, Fixed to 105,750 oz9 22.6 18.3 16.8 4, 7, P Duketon Regis Resources NSR 2% 10.5 12.0 10.7 2, P Other (76 assets) 22.8 16.5 17.2 Px13, Ax9, Ex54 Revenue – Precious Metals $853.0 $950.9 $919.7 Notes: “NSR” Net Smelter Return Royalty “GORR” Gross Overriding Royalty “GR” Gross Royalty “ORR” Overriding Royalty “FH” Freehold or Lessor Royalty “NPI” Net Profits Interest “NRI” Net Royalty Interest “WI” Working Interest “P” “Producing” assets are those that have generated revenue from steady-state operations for Franco-Nevada or are expected to in the next year “A” “Advanced” assets are interests on projects which are not yet producing but where, in management’s view, the technical feasibility and commercial viability of extracting Mineral Resources are demonstrable “E” “Exploration” assets represent interests on projects where technical feasibility and commercial viability of extracting Mineral Resources are not demonstrable TSX / NYSE: FNV 10 ★ Franco-Nevada Corporation Overview Overview
