15 Message from our CEO Report Highlights About Franco-Nevada Responsible Capital Allocation Due Diligence Process Ongoing Asset Management Key ESG Factors Health and Safety Carbon Footprint Water Management and Risk Tailings Management Biodiversity Supply Chain Community Contributions Good Governance and Shareholder Alignment Diversity, Inclusion and Well-Being Climate Action Transparency and Guiding Principles About this ESG Report Appendices First Quantum: Cobre Panamá, Panamá Cobre Panamá lies within the Mesoamerican Biological Corridor of the Panamá Atlantic (“MBCPA”) and the Golfo de los Misquitos Forests Important Bird Area. The region supports very high biodiversity and is also home to the Santa Fe and Omar Torrijos National Parks. First Quantum, through its subsidiary Minera Panamá, S.A. (“Minera Panamá”), has committed to support three protected areas in the MBCPA. Following the creation of the Cobre Panamá Foundation in 2019, Minera Panamá and the Ministry for the Environment signed a long-term agreement to continue to support the protected areas around MBCPA. The areas are the Santa Fe National Park (78,000 hectares), Omar Torrijos National Park (25,000 hectares) and a protected area to be established in the District of Donoso and its coastal marine zone (more than 112,000 hectares). Minera Panamá has committed to reforestation of 11,175 hectares (8,075 hectares outside the mine footprint and 3,100 hectares within the mine footprint). The company has also committed to implementing a number of species level management plans as part of the Biodiversity Action Plan. This plan was developed during the construction and operational phases with key alliances such as Yaguara, Kew Royal Botanical Gardens, Missouri Botanical Gardens and the Smithsonian Tropical Research Institute. These have been developed with the aim of addressing the management needs of individual species for which the protected areas and reforestation plans may not be sufficient. Each species action plan describes a portfolio of actions aimed at ensuring a net positive impact on species viability. Minera Panamá is currently partnered with the Sea Turtle Conservancy (sea turtles) and the Peregrine Fund (harpy eagles). Kinross: Tasiast, Mauritania Kinross’ Tasiast mine is located approximately 65 km from Mauritania’s Banc d’Arguin National Park (PNBA). The PNBA is designated as a RAMSAR Convention wetland site and UNESCO World Heritage site. It is the largest and richest coastal wetland between Europe and tropical Africa with over 12,000 km² of protected territory that is home to over two million birds and a community of 1,500 people who live in the National Park. Kinross’ Tasiast mine is connected by power lines and water pipes to the sondage well field site, located 5 km from the eastern boundary of the PNBA. Kinross maintained its Biodiversity Monitoring and Evaluation Plan (BMEP) with a focus on bird mortality risks arising from its power lines, for which bird mortality surveys completed in late 2022 confirmed no excessive mortalities. In 2019, Kinross and the PNBA signed a five-year partnership agreement to protect the universal value of the park through environmental monitoring, conservation of biodiversity and support to projects for the traditional communities living within the park. Sea Turtle Conservancy turtle release in Panamá Shorebirds in Mauritania "In 2019, Kinross and the PNBA signed a five-year partnership agreement to protect the universal value of the park through environmental monitoring, conservation of biodiversity and support to projects for the traditional communities living within the park."