Message from our CEO Report Highlights About Franco-Nevada RESPONSIBLE Responsible CAPITAL Capital Allocation ALLOCATION Due Diligence Process Ongoing Asset Management We are committed Key ESG Factors to allocating capital to Health and Safety Carbon Footprint responsible operators that Water Management and Risk provide safe workplaces Tailings Management for their workforce, limit Biodiversity the environmental impacts Supply Chain of their projects and provide Community net benefits for their Contributions communities. Good Governance and Shareholder Alignment Diversity, Inclusion and Well-Being Climate Action Transparency and Guiding Principles About this ESG Report Appendices Operator at Bald Mountain