R E B E C C A Location: Australia | Operator: Ramelius Resources | Precious Metals: Au | Royalty: NSR: 1.5% The Rebecca-Roe Gold project is located in Western Australia, 150 km east of Kalgoorlie. Franco-Nevada’s 1.5% NSR royalty covers a 160 km2 area and all Rebecca Mineral Resources. Ramelius Resources (“Ramelius”) completed a Pre-Feasibility Study (“PFS”) for the Rebecca-Roe Gold Project in December 2024. Board approval for completion of Definitive Feasibility Study and Final Investment decision is targeted for July 2025, with open pit mining at Rebecca targeted to commence September 2026 and first ore production July 2027. The PFS summary describes a 3 million tonne per annum processing plant located adjacent to the Rebecca deposit, total pre-production development costs of A$ 225 million, and 1,060,000 ounces of gold production over a nine year mine life, with 700,000 ounces of gold sourced from the Rebecca deposits. Franco-Nevada’s royalty does not cover the Roe deposits. For Royalty Ounce calculation, Franco-Nevada estimates 100% of Mineral Resources and Mineral Reserves are subject to our royalty interest and estimates a rate of 1.5% is applicable P E R A M A H I L L Location: Greece | Operator: Eldorado Gold Corporation | Precious Metals: Au | Royalty: NSR: 2% Franco-Nevada has a 2% NSR on the Perama Hill project held by Eldorado Gold Corporation (“Eldorado”). The Perama Hill gold project is located in the Thrace region of northeastern Greece and consists of two mining titles covering an area of 19 km2 and two mining exploration licenses covering an area of 18 km2. Perama Hill has an estimated Mineral Reserve of 997,000 ounces (10.3 million tonnes grading 3.01 g/t) and contemplates operating as a small open pit mine using a conventional carbon-in-leach gold recovery circuit with a 10-year Reserve mine life at approximately 100,000 ounces of gold per year. Eldorado has reported that the project is the next mine it expects to develop in Greece after the Skouries project, where commercial production is expected in mid-2026. Exploration potential in the region supports opportunities for growth, with social/environmental due diligence continuing in 2025 along with project optimization and studies. Future developments include advancing through the EIA process. For Royalty Ounce calculation, Franco-Nevada estimates 100% of Mineral Resources and Mineral Reserves are subject to our royalty interest and estimates a rate of 2.0% is applicable S I S S I N G U É Location: Côte d’Ivoire | Operator: Perseus Mining Limited | Precious Metals: Au | Royalty: NSR: 0.5% In 2013, Franco-Nevada acquired a 0.5% NSR on tenements that comprise the Sissingué gold project located in Côte d’Ivoire operated by Perseus. The project is comprised of the Sissingué Gold Mine (“SGM”) and the satellite deposits Fimbiasso and Bagoé, located approximately 40 kilometres from the Sissingué processing facilities. Franco-Nevada’s royalty covers SGM but does not cover the Fimbiasso and Bagoé claims. Perseus commenced commercial gold production in 2018 and reported 2024 production from Sissingué of 69,407 ounces of gold. In March 2022, Perseus announced that the mine life for Sissingué had been extended to March 2026 with estimated average annual production of 72,000 ounces of gold. Production in the latter years was forecast to come primarily from the Fimbiasso and Bagoé satellite deposits, which is not covered by Franco-Nevada’s royalty. Potential was noted for a further mine life extension by processing low grade ore stockpiles. At the Sissingué Gold Mine and Fimbiasso Satellite Pits, ongoing exploration continues to identify extensions to existing mineral deposits and other prospects that have significant potential to extend the life of the Sissingué operation. For Royalty Ounce calculation, Franco-Nevada estimates 100% of Mineral Resources and Mineral Reserves at Sissingué are subject to our royalty interest and estimates a rate of 0.5% is applicable Franco-Nevada Corporation ★ 81 TSX / NYSE: FNV Rest of World Additional Information Mineral Resources and Mineral Reserves Diversified Assets
