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) FN Holdings ULC (Alberta) Franco-Nevada GLW Holdings Corp. (British Columbia) Franco-Nevada International Corporation (Barbados) Franco-Nevada Australia Pty Ltd (Australia) Franco-Nevada U.S. Corporation (Delaware) Franco-Nevada Delaware LLC (Delaware) 100% 100% 100% 100% 100% 100% The chart below depicts certain subsidiaries of Franco-Nevada including those subsidiaries in jurisdictions in which Franco-Nevada maintains an office that are wholly-owned by Franco-Nevada either directly or indirectly and are existing under the laws of the jurisdictions set out therein. As of December 31, 2025, Franco-Nevada International Corporation (formerly Franco-Nevada (Barbados) Corporation) is Franco-Nevada’s only subsidiary with assets and revenue greater than 10% of the consolidated assets and revenue of the Company. Intermediate holding companies have been omitted. Franco-Nevada Corporation ★ 141 TSX / NYSE: FNV Additional Information