ABOUT THIS ESG REPORT 48 Scope directors, shareholders, community members, Forward-Looking Information Message from our CEO This ESG Report includes information about ESG rating agencies and other stakeholders. Certain statements made in this ESG Report For additional information with respect to risks, Franco-Nevada Corporation and its subsidiaries Please refer to page 25 of this ESG Report contain “forward-looking information” and uncertainties and assumptions, please refer (“Franco-Nevada”, the “company”, “we”, “us” for a summary of the ways in which we engage “forward-looking statements” within the to Franco-Nevada’s most recent Annual Report Highlights or “our”). Unless otherwise specified in this with our stakeholders and their key topics of meaning of applicable Canadian securities Information Form filed with the Canadian ESG Report, reference to “Franco-Nevada”, interest in 2023. We actively collaborate with laws and the United States Private Securities securities regulatory authorities on www. About Franco-Nevada the “company”, “we”, “us” or “our” refers industry leaders through our involvement Litigation Reform Act of 1995, respectively. sedarplus.com and Franco-Nevada’s most to our entire corporate structure and global with the World Gold Council and other industry Such forward-looking statements reflect recent Annual Report filed on Form 40-F filed Responsible operations and workforce. associations. Through these various discussions management’s current beliefs and assumptions with the Securities and Exchange Commission Capital Allocation and collaborations, we identify our ESG priorities, and are based on information currently available on www.sec.gov. The forward-looking statements This ESG Report complements but does not which are reflected in our corporate policies, to management. Often, but not always, in this ESG Report are made as of the date Community form part of our most recent Annual Report, in our corporate goals, targets and initiatives, forward-looking statements can be identified indicated and Franco-Nevada does not assume Management Information Circular, and Annual and in this ESG Report. by the use of words such as “plans”, “expects”, any obligation to update or revise them to reflect Contributions Information Form available at www.franco- “is expected”, “budgets”, “potential for”, new information, estimates or opinions, future nevada.com and filed with the Canadian Reporting Period “scheduled”, “estimates”, “forecasts”, events or results or otherwise, except as Good Governance and securities regulatory authorities on www. All data and examples contained in this ESG “predicts”, “projects”, “intends”, “targets”, required by applicable law. This ESG Report Shareholder Alignment sedarplus.com or with the Securities and Report reflect activities undertaken during “aims”, “anticipates” or “believes” or does not constitute an offer to sell or a Exchange Commission on www.sec.gov. the 2023 fiscal year, unless otherwise noted. variations (including negative variations) of solicitation for an offer to purchase any Diversity, Inclusion such words and phrases or may be identified security in any jurisdiction. and Well-Being Certain information is based on the public ESTMA by statements to the effect that certain actions disclosure of our operating partners and Franco-Nevada supports efforts to increase “may”, “could”, “should”, “would”, “might” has not been independently verified transparency and accountability in the mining or “will” be taken, occur or be achieved. Climate Action by Franco-Nevada. and energy industries. Please refer to Franco- Forward-looking statements involve known Nevada’s enrollment under Extractive Sector and unknown risks, uncertainties and other Transparency and Materiality Transparency Measures Act (“ESTMA”): factors, which may cause the actual results, Guiding Principles The ESG topics and issues described in this www.franco-nevada.com/investors/ESTMA performance or achievements of Franco-Nevada ESG Report are those that we have identified to be materially different from any future results, About this ESG Report as most important to our shareholders and our Currency performance or achievements expressed or other stakeholders. Our processes to assess All amounts in this document are in U.S. dollars implied by the forward-looking statements. Many the materiality of ESG issues for our company unless otherwise noted. factors could cause actual events or results Appendices involve routine strategy meetings between to differ materially from any forward-looking management and our Board of Directors. We Feedback statement. Franco-Nevada cannot assure also engage regularly with our shareholders and We would like to hear what you think about investors that actual results will be consistent other stakeholders to determine whether our our ESG Report or any aspect of our ESG and with these forward-looking statements. ESG strategy and efforts are aligned with the sustainability efforts. Please send any questions Accordingly, investors should not place undue key concerns and priorities of our employees, or comments to [email protected]. reliance on forward-looking statements due to the inherent uncertainty therein.