A G A T E C R E E K Advanced Location: Australia | Operator: Savannah Goldfields Limited | Precious Metals: Au | Royalty: NSR: 1% The Agate Creek Gold project is situated in Queensland, approximately 200 km west of Townsville. Franco-Nevada’s 1% NSR encompasses a 293 km 2 area, which includes all Agate Creek Mineral Resources. Savannah Goldfields Ltd (“Savannah”) has applied to amend the Agate Creek Environmental Authority and plans to resume mining at Agate Creek in Q2 2026 following receipt of the updated environmental authority. Agate Creek has an estimated Mineral Resource of 422 koz (15.5 Mt at 0.8 g/t) and an estimated Mineral Reserve of 36 koz (0.5 Mt at 2.5 g/t). Savannah will process Agate Creek ore at its 0.2 million tonne per annum Georgetown processing facility located 90 km north of Agate Creek. There was no production from Agate Creek in 2025. 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 1.0% is applicable M T K E I T H Advanced Location: Australia | Operator: BHP Group Limited | Metals: Ni | Royalty: NPI: 0.25% / GR: 0.375% Franco-Nevada holds a 0.375% gross royalty and a 0.25% NPI royalty on properties encompassing the Mt Keith nickel operation in Western Australia, situated 450 km north of Kalgoorlie. These royalties extend across 236 km 2 , covering the entirety of Mt Keith, the Jericho Nickel deposit (approximately 25 km northwest of Mt Keith), and portions of the Yakabindie deposits (approximately 25 km south of Mt Keith). The Mt Keith open pit was actively mined from 1993 until October 2024, when BHP suspended all Western Australia Nickel operations due to low nickel prices (BHP intends to review the decision in February 2027). The Mt Keith concentrator processes approximately 11 Mt of ore per year, achieving 70% recoveries. Annual production capacity ranges from 35–40 kt of nickel in concentrate. A total of 4.1 Mt of contained nickel resources remain at Mt Keith, Jericho, and Yakabindie. Franco-Nevada’s royalty covers approximately 60% of total resources (100% of Mt Keith and Jericho and 25% of Yakabindie). For Royalty Ounce calculation, Franco-Nevada estimates 100% of the Mineral Resources and Mineral Reserves are subject to our royalty interest and estimates a rate of 0.50% is applicable. Franco-Nevada has also applied an NSR smelting charge of 30%. Nickel has been converted to Royalty Ounces assuming $7.39/lb ($7.89/lb in 2024, $7.89/lb in 2023) A P H R O D I T E Advanced Location: Australia | Operator: Genesis Minerals Limited | Metals: Au | Royalty: GR: 2.5% The Aphrodite Gold project is situated in Western Australia, approximately 65 km north of Kanowna Belle. Franco-Nevada’s 2.5% GR encompasses a 29 km 2 area, which includes all Aphrodite Mineral Resources. In 2023 Genesis Minerals Limited (“Genesis”) purchased a group of assets, including Aphrodite, for A$ 600 million. Aphrodite has an estimated Mineral Resource of 1.6 Moz (23 Mt at 2.2 g/t). Previous owners contemplated operating Aphrodite as an open pit and underground mine, processing the refractory ore using a conventional carbon-in-leach gold recovery circuit incorporating a flotation circuit to produce a gold concentrate. Genesis’ exploration program is currently testing gaps within the existing large open pit resource and investigating strike extensions and parallel structures. Franco-Nevada receives A$250 thousand annual minimum royalty payment from Genesis. 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 2.5% is applicable Franco-Nevada Corporation ★ 105 TSX / NYSE: FNV Rest of World