B R U C E J A C K Location: British Columbia, Canada | Operator: Newmont Corporation | Precious Metals: Au & Ag | Royalty: NSR: 1.2% In May 2013, Franco-Nevada purchased an existing 1.2% NSR royalty covering Newmont Corporation’s (“Newmont”) Brucejack gold project in northwestern British Columbia. 2024 2023 2022 Revenue to Franco-Nevada ($ million) $ 7.2 $ 5.9 $ 5.8 M&I Resources (koz Au)1,2 2,500 3,600 7,200 Inferred Resources (koz Au)1,2 3,100 4,000 3,100 P&P Reserves (koz Au)1,2 1,900 3,100 3,900 M&I Royalty Ounces (000s)1,2,3 30 43 86 Inferred Royalty Ounces (000s)2,3 37 48 37 P&P Royalty Ounces (000s)2,3 23 37 47 1 Please refer to the tables on pages 114-120 for a breakout of grade and tonnages by Mineral Resource category; all M&I categories are inclusive of Mineral Reserves 2 Does not include silver Mineral Resources or Mineral Reserves 3 For Royalty Ounce calculation, Franco-Nevada estimates that 100% of the remaining Mineral Resources and Mineral Reserves are subject to our royalty interest and estimates a rate of 1.2% is applicable The mine was developed by Pretium Resources Inc. (“Pretium”) and commenced production in 2017. Newcrest Mining Limited (“Newcrest”) acquired Pretium in early 2022, with Newmont acquiring Brucejack through its acquisition of Newcrest in November 2023. Brucejack produced 258,000 ounces of gold in 2024 versus approximately 315,000 ounces in 2023. Newmont is expecting Brucejack to produce approximately 255,000 ounces of gold in 2025. The project includes two principal deposits, the Valley of the Kings and the West Zone and as of December 31, 2024 has a 7-year reserve life with additional upside from resources and exploration. Exploration drilling over the last few years has revealed significant mineralization beyond the current Mineral Resource and expanded the underground potential of the HBX Domain. Surface exploration of the Valley of the Kings deposit in Q3 2023 identified multiple new targets, and high-grade results from the 1080 HBX Zone and Golden Marmot highlighting further opportunities, both areas which are covered by Franco-Nevada’s royalty. Additional near-mine targets on royalty ground include the Bridge Zone, Shore Zone, Gossan Hill Zone, SG Zone, Bonanza Zone and the western portion of the Flow Dome Zone. Covered by Royalty Brucejack Property Excluded from Royalty West Zone Gossan Hill Zone Hanging Glacier Zone Bonanza Zone Bridge Zone Shore Zone SG Zone Snowfeld Golden Marmot Zone Brucejack Mine Valley of the Kings kilometer 0 2 N Brucejack 1.2% NSR 1.2% NSR Vancouver British Columbia Stewart Brucejack Property Flow Dome Zone Brucejack Lake 7-year Reserve life, with exploration upside High-grade results on royalty ground from Golden Marmot and 1080 HBX Zone TSX / NYSE: FNV 46 ★ Franco-Nevada Corporation Canada Overview Precious Metals