O T H E R P R O D U C I N G E N E R G Y A S S E T S Location: BC / AB / SK / MB, Canada and Oregon, U.S. | Operator: Various | Royalty: ORR / FH: 0.5–20% Franco-Nevada has other interests in Western Canada which generate revenue primarily through lessor royalties and GORRs. 2025 2024 2023 Revenue to Franco-Nevada ($ million) $ 8.2 $ 9.4 $ 9.0 Production (Mboe) 1 242 263 227 Commodity Split (%) 2 Oil 48% 51% 44% Gas 42% 38% 46% NGL 10% 11% 10% 1 Net to the Oil and Gas Interests and does not include production from Neal Hot Springs 2 Percentage based on production revenue from each commodity In addition to the primary producing assets outlined in the preceding pages, Franco-Nevada has 43 Other Producing Assets that generate revenue. These interests cover more than 2,250 km 2 , primarily in Canada. Within Saskatchewan and Manitoba, the assets are concentrated in high-quality oil plays and are operated by companies such as Whitecap Resources, Saturn Oil & Gas Inc., Allied Energy II Corp. and Tundra Oil & Gas Limited. The most prominent producing assets include the Midale Unit and the Tidewater royalties. Franco-Nevada holds a 1.14% gross override royalty interest and a 1.59% working interest in the Midale Unit in Southeast Saskatchewan where Cardinal Energy produces approximately 4,200 Boe/d through CO 2 Enhanced Oil Recovery (“EOR”) techniques. The Tidewater royalties in Saskatchewan generate oil production from the Shaunavon and other formations and are managed by various operators. In Alberta and British Columbia, the interests primarily generate revenue from natural gas production sourced from shallow gas formations such as Milk River and Medicine Hat. In northern Alberta, the interests provide exposure to deeper conventional gas targets including the Shunda, Grosmont and Elkton formations. Franco-Nevada’s most significant assets in the region are the Edson property operated by Canadian Natural Resources Ltd. (“CNRL”) and the Medicine Hat Consolidated Unit No.1, operated by Canlin Resources Partnership. Franco-Nevada has an approximate 15% overriding royalty in the Edson property where CNRL extracts gas and natural gas liquids by developing resources in the Cardium Formation. The Medicine Hat Unit, situated approximately 257 km southeast of Calgary, has been producing gas since 1963. Additional production is derived from both unitized and non-unitized wells, encompassing gross overriding royalty positions in ten different units across Alberta. Other operators on the interests include, CNRL and Imperial Oil. In 2020, Franco-Nevada acquired a royalty on the Neal Hot Springs geothermal operation in Oregon as part of a broader portfolio transaction. The plant produces approximately 22 MW of geothermal energy and is operated by Ormat Technologies, Inc. In 2025, Franco-Nevada received $0.29 million in revenue from Neal Hot Springs. N km 0 80 BRITISH COLUMBIA MONTANA IDAHO WASHINGTON Montney Deep Basin Edson Cardium Duvernay Alberta Bakken Lloydminster Heavy Oil Shallow Gas CBM (HSCN) Redwater Viking CALGARY Peace River Oil Sands Athabasca Oil Sands Cold Lake Oil Sands Alberta/ British Columbia Oil and Gas Interests ALBERTA EDMONTON SASKATCHEWAN Company Core Land Company Non Core Land Major City MANITOBA SASKATCHEWAN NORTH DAKOTA MONTANA Sanish Oil Torquay Oil SE Saskatchewan Lower Bakken and Mississippian Oil Williston Basin Bakken Dodsland Viking Shallow Gas Spearfish Oil REGINA Lloydminster Heavy Oil Shaunavon Oil N km 0 80 Saskatchewan/Manitoba Oil and Gas Interests Weyburn/ Midale ALBERTA Company Core Land Company Non Core Land Major City Primarily quality oil plays in Saskatchewan and Manitoba Exposure to shallow gas and deeper conventional gas in Alberta and British Columbia Interest in the Neal Hot Springs geothermal operation Location: AB / MB / SK, Canada & Nevada, U.S | Operator: Various Royalty: 0.1–18% and WI: 2–100% In addition to its producing assets, Franco-Nevada has exposure to a portfolio of undeveloped, non-producing oil and gas interests. These are grouped into 28 different assets covering an area of over 1,500 km 2 and are located in Alberta, Saskatchewan and Manitoba along with a small amount of acreage in Nevada. Much of the interests consist of mineral title which is currently unleased. E N E R G Y E X P L O R AT I O N A S S E T S Location Big Bend Alberta Carbon Alberta Cindy/Belloy Alberta Colgate Saskatchewan Devil Alberta Dixonville Alberta Elko Mineral Rights Nevada Flatrock British Columbia Ghost Pine Alberta Granor Alberta Harvest – SK Saskatchewan Hotchkiss Alberta Inverness Alberta Killam Alberta Liege Alberta Long Coulee Alberta Melville Saskatchewan Paradise British Columbia Provost Alberta Prudential – MB Manitoba Prudential – SK Saskatchewan Steelman Saskatchewan Swift Current Saskatchewan Touchwood Alberta Turner Alberta W. Calling Lake Alberta Widewater Alberta O T H E R P R O D U C I N G E N E R G Y A S S E T S E N E R G Y E X P L O R AT I O N A S S E T S Location Alameda Oil Saskatchewan Alida Oil Saskatchewan Benson Oil Saskatchewan Carnduff Oil Saskatchewan Cessford Gas Alberta Claresholm Gas Alberta E. Crossfield Gas Alberta Edson Gas Alberta Elswick Oil Saskatchewan Enchant Gas Alberta Ferrybank Gas Alberta Hanlan Gas Alberta Harmattan Gas Alberta Harvest – AB Gas Alberta Huntoon Oil Saskatchewan Innes Oil Saskatchewan Kimiwan Gas Alberta Laglace Gas Alberta Lesser Slave Oil Alberta Lochend Gas Alberta Lone Pine Gas Alberta Macoun Oil Saskatchewan Manitoba Oil Manitoba Medicine Hat Gas Alberta Midale Royalties Oil Saskatchewan Midale WI Oil Saskatchewan Montreal Trust Oil Saskatchewan Neal Hot Springs Geothermal Oregon Oungre Oil Saskatchewan Pearmac – AB Gas Alberta Pearmac – MB Oil Manitoba Pearmac – SK Oil Saskatchewan Prudential – AB Gas Alberta Qu’Appelle Oil Saskatchewan Queensdale Oil Saskatchewan Rainbow South Oil Alberta Rocanville Oil Saskatchewan Royce Gas Alberta Stoughton Oil Saskatchewan Swalwell Gas Alberta Tidewater Oil Saskatchewan Viewfield Oil Saskatchewan Watts/Craig Oil Alberta TSX / NYSE: FNV Franco-Nevada Corporation ★ 123 122 ★ Franco-Nevada Corporation TSX / NYSE: FNV North America North America