3 0 Appendices Transparency & Guiding Principles Climate Action Diversity, Inclusion & Well-Being Good Governance & Shareholder Alignment Community Contributions Responsible Capital Allocation Diversity and Inclusion (continued) We are committed to ensuring diversity and inclusion at all levels within our organization. We aim to accomplish this through (i) objective diversity targets at the senior management and Board levels; (ii) ensuring diverse candidate pools are considered for management and Board appointments; and (iii) contributing to diversity and inclusion initiatives. Date Progress 2021 • In March 2021, we amended our Diversity and Inclusion Policy to provide that diverse candidates are to be included when filling Board and senior management roles and set out a new goal of achieving 40% Diverse Persons* at the Board and senior management level (on an aggregated basis) by 2025 • In May 2021, we achieved our goal of 30% women directors, one year earlier than planned 30% (3 of 10) of Board members are women • In mid-2021, we awarded the first Franco-Nevada Diversity Scholarship to a student entering mining engineering at the University of Toronto • In the second half of 2021, we established the Franco-Nevada Diversity Committee. The Committee arranged for unconscious bias training for all of our employees and conducted an internal diversity and inclusion survey • In December 2021, we promoted a female member of a visible minority to the senior management team at Franco-Nevada Corporation 2022 • In April 2022, we hired a male member of a visible minority to the senior management team at Franco-Nevada Corporation • In August 2022, we expanded our Franco-Nevada Diversity Scholarship program by awarding four scholarships to diverse mining engineering students at three Canadian universities • In late 2022, we contributed to four registered Canadian charitable organizations in support of the Black community and in furtherance of our BlackNorth Initiative pledge 2023 • In March 2023, we amended our Diversity and Inclusion Policy to set a new goal of achieving at least one Diverse Person* on grounds broader than gender diversity at the Board level by 2025 Date Progress 2015 • In March 2015, we adopted our Diversity Policy relating to identifying women as candidates to recommend for appointment/election to the Board and for appointment/promotion to senior management positions • In May 2015, Catharine Farrow joined our Board 11% (1 of 9) of Board members are women 2016 • In 2016, we hired a female member of a visible minority and promoted another female, both to senior positions at Franco-Nevada Corporation 2019 • In March 2019, we amended our Diversity Policy to adopt a target of 30% women directors by 2022 • In May 2019, Jennifer Maki joined our Board 22% (2 of 9) of Board members are women 2020 • In March 2020, we amended our Diversity Policy to incorporate principles of inclusion and additional diversity and renamed the policy the Diversity and Inclusion Policy • In May 2020, Maureen Jensen joined our Board 27% (3 of 11) of Board members are women • In July 2020, we signed the BlackNorth Initiative pledge to combat anti-Black systemic racism • In December 2020, a female member of a visible minority was promoted to the senior management team at Franco-Nevada (Barbados) Corporation and promoted a male member of a visible minority to the senior management team at Franco-Nevada Corporation * Diverse Persons include women, Black, Indigenous and other people of colour, individuals who identify as LGBTQ2S+ and people with disabilities • Diversity and Inclusion Policy Related Policies and Statements: