2 Appendices Transparency & Guiding Principles Climate Action Diversity, Inclusion & Well-Being Good Governance & Shareholder Alignment Community Contributions Responsible Capital Allocation Due diligence to invest in strong ESG performers Our principal ESG-related focuses when making investments are highlighted in this ESG Report, including health and safety, carbon footprint, water management and risk, tailings management and biodiversity. We have also assessed how the operators of our top revenue-generating assets have performed in each of these five categories. Read more à (page 8) Furthered diverse representation and diversity initiatives We increased the diverse representation in our global workforce, with 43% of senior management and 60% of our overall team comprised of diverse persons. We have also expanded our Board diversity targets with the new goal of having, by 2025, at least one diverse director on grounds broader than gender diversity. The number of Franco-Nevada Diversity Scholarship awards were increased in 2022 and we made several diversity-related donations and contributions, including in furtherance of our BlackNorth Initiative pledge and our support of The Prosperity Project. Read more à (page 29) New climate action policy and net-zero goals and commitments We have adopted a Climate Action Policy, which sets out our goal to achieve net-zero GHG emissions by 2050 at our corporate workplaces and the measures we will take to further this goal, including measuring and disclosing our corporate GHG emissions, adopting science- based GHG emission reduction targets, and providing annual updates on our progress. We also commit to evaluate the decarbonization commitments, plans, targets and initiatives of operators and operations, including their alignment with net-zero, when making investment decisions and to engage with existing partners on their plans and progress toward net-zero. Read more à (page 36) Increased community contributions and commitments Our community contributions funded increased year-over-year, including our renewed Enseña Peru funding and the Alto Huarca water project, among other initiatives. During the year, we made new commitments with G Mining Ventures and Argonaut Gold to partner in community initiatives near their operations where we invested in 2022. We continue to support mining industry groups and diversity initiatives. Read more à (page 21) Focus on employee well-being and accommodations Maintaining a safe and supportive environment for our global workforce is a top priority for Franco-Nevada. We have highlighted the efforts made by our organization to promote the physical and mental well-being of our employees, including providing hybrid work arrangements, health benefits, wellness allowances, accommodations for cultural and religious beliefs, and the ability to disconnect when not working. Read more à (page 32) Financed emissions are included in Scope 3 emissions We have measured and disclosed financed GHG emissions attributable to our royalty and stream interests. Financed GHG emissions were calculated in alignment with the Greenhouse Gas Protocol reporting standards and included as Scope 3, Category 15 (Investments) emissions. In this ESG Report, we include a primer for navigating the Greenhouse Gas Protocol standards, including what comprises Scope 1, 2 and 3 emissions. Read more à (page 42) Report Highlights Continental Resources’ solar panels at West Blaine recycling facility, which Franco-Nevada is helping to finance Lloyd Hong, Chief Legal Officer (left) and Sandip Rana, Chief Financial Officer (right)

ESG Report 2023 - Page 4 ESG Report 2023 Page 3 Page 5