4 1 Appendices Transparency & Guiding Principles Climate Action Diversity, Inclusion & Well-Being Good Governance & Shareholder Alignment Community Contributions Responsible Capital Allocation Corporate Scope 3 GHG Emissions Our corporate Scope 3 emissions are comprised of estimated GHG emissions associated with work-related travel (including airplane travel* and personal car mileage), purchase and use of office supplies and services (including paper, electronic devices, kitchen supplies and other office goods and services), and water and waste**. The increase of our corporate Scope 3 emissions in 2022 is primarily due to the resumption of business travel and certain other work-related activities. While corporate Scope 3 emissions are still below pre-COVID levels (total corporate Scope 3 emissions were 91.2 tCO 2 e in 2019 or approximately 9% higher than 2022), we expect that these emissions will normalize going forward. Carbon Neutral for Corporate Operations We are committed to reducing our footprint. Since 2020, our corporate operations have been carbon neutral and we are committed to achieving this annually going forward. We accomplished this primarily by purchasing high quality carbon offsets to account for emissions we cannot eliminate. For 2022, we offset our global operational emissions by purchasing from Less Emissions, a Canadian supplier of high quality carbon offsets, an equal combination of (1) Gold Standard-certified emission reduction offsets produced from international projects, and (2) CSA Standard-certified emission reduction offsets from Canadian projects. The choice to source our offsets from both international and Canadian projects was intended so that we could have an impact in developing countries and in Canada. Appendix H to this ESG Report contains further details regarding our 2022 carbon neutrality. * Scope 3 emissions relating to Business Travel are based on data provided by our corporate travel agent, plus additional estimated emissions for flights booked individually by Franco-Nevada personnel or through other travel agents. ** Due to certain logistical constraints, reported data for Scope 3 emissions generated from water and waste relates to our Toronto and Barbados offices and for 2022 covers 87.5% (35 of 40 full-time employees) of our company (2020 - 88.6%; 2021 – 88.9%). Employee Commuting - Car Business Travel - Air Other Purchased Goods and Services Electronics Paper Use Water Waste Corporate Scope 3 Emissions (tCO 2 e) 8.8 28.9 8.7 11.5 22.2 37.4 2.5 0.4 1.2 1.2 2.2 0.4 9.4 18.0 0.8 1.5 0.7 1.5 0.4 0.6 3.0 44.1 33.4 83.8 37.7 4.1 2.3 20.2 11.0 2.2 59.6 20.6 3.6 - 10 20 30 40 50 60 70 80 90 2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 (tCO2 e) Business Travel* and Employee Commuting Purchased Goods and Services Water and Waste** Total Corporate Scope 3 Emissions