Franco-Nevada Acreage Tabulation (1) Producing Advanced Exploration Total acres km 2 acres km 2 acres km 2 acres km² Precious Metals South America 820,307 3,320 249,822 1,011 337,931 1,368 1,408,060 5,699 Central America & Mexico 30,157 122 32,111 130 675 3 62,943 255 Canada 613,355 2,482 206,996 838 894,969 3,622 1,715,320 6,942 United States 90,852 368 123,732 501 210,047 850 424,631 1,719 Australia 1,439,221 5,824 274,336 1,110 728,023 2,946 2,441,580 9,880 Rest of World 1,668,412 6,752 216,209 875 61,215 248 1,945,836 7,875 Total Precious Metals 4,662,304 18,868 1,103,206 4,465 2,232,860 9,037 7,998,370 32,370 Diversified Iron Ore & Other Mining South America 731,714 2,961 111,350 451 3,106,238 12,571 3,949,302 15,983 Central America & Mexico 6,605 27 59,552 241 – – 66,157 268 Canada 44,973 182 142,365 576 341,011 1,380 528,349 2,138 United States 29,234 118 25,140 102 18,585 75 72,959 295 Australia Australia 29,757 120 58,440 236 1,086,754 4,398 1,174,951 4,754 Rest of World – – – – 265,842 1,076 265,842 1,076 Total 842,283 3,408 396,847 1,606 4,818,430 19,500 6,057,560 24,514 Diversified Energy (2) United States 2,772,581 11,220 – – 53,994 219 2,826,575 11,439 Canada 608,723 2,463 – – 308,912 1,250 917,635 3,713 Total 3,381,304 13,683 – – 362,906 1,469 3,744,210 15,152 Total Diversified 4,223,587 17,091 396,847 1,606 5,181,336 20,969 9,801,770 39,666 Total Estimated Acreage South America 1,552,021 6,281 361,172 1,462 3,444,169 13,939 5,357,362 21,682 Central America & Mexico 36,762 149 91,663 371 675 3 129,100 523 Canada 1,267,051 5,127 349,361 1,414 1,544,892 6,252 3,161,304 12,793 United States 2,892,667 11,706 148,872 603 282,626 1,144 3,324,165 13,453 Australia 1,468,978 5,944 332,776 1,346 1,814,777 7,344 3,616,531 14,634 Rest of World 1,668,412 6,752 216,209 875 327,057 1,324 2,211,678 8,951 Total 8,885,891 35,959 1,500,053 6,071 7,414,196 30,006 17,800,140 72,036 A S S E T C O U N T S Franco-Nevada’s assets are categorized by commodity and stage of development. By commodity, assets are characterized as “Precious Metals” or “Diversified” . Precious Metals includes gold, silver and PGM assets. Diversified includes iron ore, other mining and energy assets (which encompass oil, gas and natural gas liquids). “Producing” assets are those that have generated revenue from steady-state operations for Franco-Nevada or are expected to in the next year. “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. “Exploration” assets represent interests on projects where technical feasibility and commercial viability of extracting Mineral Resources are not demonstrable. Management uses the following criteria in its assessment of technical feasibility and commercial viability: 1. Geology: there is a known mineral deposit which contains Mineral Resources or Mineral Reserves; or the project is adjacent to a mineral deposit that is already being mined or developed and there is sufficient geologic certainty of converting the deposit into Mineral Resources or Mineral Reserves. 2. Accessibility and authorization: there are no significant unresolved issues impacting the accessibility and authorization to develop or mine the mineral deposit, and social, environmental and governmental permits and approvals to develop or mine the mineral deposit appear obtainable. For accounting purposes, the number of assets has been counted in different manners depending on the category. Royalties on a producing or advanced property are generally counted as a single asset even if Franco-Nevada has multiple different royalties on the property, such as at the Goldstrike complex. Streams covering a group of mines in close proximity and operated by a common operator, such as the Sudbury streams, have also been counted as one asset. However, royalties and streams on producing properties that have significant co-products have been counted twice, such as the Robinson royalties for gold and copper or the Sudbury streams for gold and PGM. Exploration royalties are simply counted by the number of royalty contracts and no effort has been made to consolidate royalties on the same property. Franco-Nevada’s energy interests are subdivided into Producing Assets, which are assets that are currently producing oil or natural gas, or Exploration Assets, which are undeveloped assets that are not producing oil or natural gas. Franco-Nevada’s energy interests consist of a variety of royalty interests and working interests which are derived from a large number of underlying leases, contractual agreements and mineral title covering land positions primarily in western Canada and Oklahoma, North Dakota, Pennsylvania, Louisiana and Texas in the United States. For accounting purposes, these leases, contracts and mineral title have been grouped into distinct land areas and tabulated as individual assets. In many cases, Franco-Nevada owns multiple royalties or working interests that pertain to the same land area, and in these circumstances, the interests are counted as a single asset. As of May 1, 2026, Franco-Nevada estimates that it holds 255 Precious Metals assets and 190 Diversified assets (107 Other Mining assets and 83 Energy assets) for a total of 445 assets. Franco-Nevada Asset Counts at May 1, 2026 Diversified Precious Metals Other Mining Energy Assets Total Producing 53 13 55 121 Advanced 37 9 – 46 Exploration 165 85 28 278 Total 255 107 83 445 A C R E A G E O F A S S E T S The following is a tabulation of the acreage of Precious Metals and Diversified lands subject to Franco-Nevada’s royalty, stream or other interests as at May 1, 2026. Acreage amounts are approximate or estimated and are compiled from available information contained in asset agreements and updated when possible using various sources including government recording offices, operator information such as technical reports, presentations and other sources. Acreage has been converted into standard measure by Franco-Nevada. (1) Represents management’s best available information as at May 1, 2026. Legal status of tenure and rate(s) of royalty, stream and other interests vary by agreement. Cobre Panamá, currently on preservation and safe management, is included in the above calculations and accounts for 32,111 acres (129.95 km 2 ) (2) Gross Acreage TSX / NYSE: FNV Franco-Nevada Corporation ★ 137 136 ★ Franco-Nevada Corporation TSX / NYSE: FNV Additional Information Additional Information Additional Information
2026 Asset Handbook Page 68 Page 70