C O R P O R A T E O R G A N I Z A T I O N Franco-Nevada Corporation (Canada) Franco-Nevada Australia Pty Ltd (Australia) Franco-Nevada U.S. Corporation (Delaware) Franco-Nevada (Barbados) Corporation (Barbados) Franco-Nevada Delaware LLC (Delaware) 100% 100% 100% 100% Chart above depicts significant subsidiaries and/or subsidiaries in jurisdictions in which Franco-Nevada maintains an office. Intermediate holding companies have been omitted. Franco-Nevada Corporation ★ 127 TSX / NYSE: FNV Additional Information