Message from our CEO Report Highlights About Franco-Nevada Responsible Capital Allocation Community Contributions Good Governance and Shareholder Alignment Diversity, Inclusion and Well-Being Climate Action Transparency and Guiding Principles About this ESG Report Appendices A: ESG Performance Table B: Operators’ Emissions C: TCFD Disclosure D: SASB Disclosure E: GRI Index F: Sustainable Development Goals G: KPMG: Independent Limited Assurance Report H: Carbon Neutral Initiative 51 1 Scope 2 emissions have been grossed up to 100% on a FTE-basis for 2021, 2022 and 2023 due to unavailable data from our United States and Australian operations, which accounts for 17.5% (7 of 40 full-time employees) of our company for 2023 (2021 – 11.1%; 2022 – 12.5%). See page 39 for further information. 2 Excludes Scope 3, Category 15 emissions from Investments. Due to the delayed timing of availability of production and emission data from operators, Financed Emissions have been calculated and disclosed for 2021 and 2022. 3 Scope 3 emissions (attributable to water and wastewater (Scope 3 Category 5)) have been grossed up to 100% on a FTE-basis for 2021, 2022 and 2023 due to unavailable data from our United States and Australian operations, which accounts for 17.5% (7 of 40 full-time employees) of our company for 2023 (2021 – 11.1%; 2022 – 12.5%). 4 Scope 3 emissions attributable to business travel and employee commuting for 2021 and 2022 have been restated to reflect the new calculations and methodologies used for 2023. See page 40 for further information. 5 Due to the delayed timing of availability of production and emission data from operators, finance emissions have been calculated and disclosed for 2021 and 2022. 6 Please refer to pages 40 and 82 for descriptions of our annual purchase of carbon offsets for 125% of our reported emissions from our corporate operations. As carbon offsets for 2021 and 2022 were purchased prior to the restatement of our Scope 2 and 3 emissions in this report (as discussed on pages 39 and 40 ), we have subsequently purchased additional offsets to account for 125% of the restated figures. 7 Inclusive of industry and diversity-related contributions. Excludes (i) charitable donations by company employees, including relating to Franco-Nevada’s annual United Way campaign, and (ii) commitments made in a calendar year but not funded. Franco-Nevada has made additional commitments exceeding $2 million, which have not yet been funded. 8 All Government & Lobbying figures are Nil since our initial public offering in 2007. CLIMATE & ENVIRONMENT Unit 2023 2022 2021 Hazardous waste tonnes Nil Nil Nil Fresh water withdrawn m 3 Nil Nil Nil Total water withdrawn m 3 Nil Nil Nil Water recycled m 3 Nil Nil Nil Board members having climate expertise # 7 6 6 Scope 1 - Total GHG emissions from fuel tCO 2 e Nil Nil Nil Scope 2 - Total GHG emissions from electricity and steam 1 tCO 2 e 63.9 57.6 40.5 Scope 3 - Total GHG emissions from indirect sources tCO 2 e 150.7 558,750.3 627,396.6 • from purchased goods and services (Scope 3 Category 1) tCO 2 e 26.3 20.6 11.0 • from waste and wastewater (Scope 3 Category 5) 3 tCO 2 e 5.6 4.1 2.5 • from business travel (Scope 3 Category 6) 4 tCO 2 e 100.6 68.3 11.3 • from employee commuting (Scope 3 Category 7) 4 tCO 2 e 18.2 17.3 7.1 • from investments (Scope 3 Category 15) tCO 2 e NR 5 558,640.0 627,364.7 Total GHG emissions tCO 2 e 214.6 2 558,807.9 627,437.1 GHG reductions from carbon offsets purchased 6 tCO 2 e (268.3) (209.9) (90.5) Carbon neutrality for corporate operations Y/N Yes Yes Yes COMMUNITY & OTHER CONTRIBUTIONS Community and operator energy transition contributions actually funded 7 $ 1,448,065 1,070,785 787,190 GOVERNMENT & LOBBYING 8 Unit 2023 2022 2021 Facilitation payments $ Nil Nil Nil Political donations $ Nil Nil Nil Lobbying expenditures $ Nil Nil Nil Trade associations or tax-exempt groups whose role is to influence political campaigns and legislation $ Nil Nil Nil Known government ownership % Nil Nil Nil COMPLIANCE, DISPUTES, FINES & LITIGATION Cases of non-compliance or breaches of our corporate policies # Nil Nil Nil Instances of whistleblower complaints # Nil Nil Nil Environmental fines, penalties, litigation, liabilities or settlements # Nil Nil Nil BRIBERY & ANTI-CORRUPTION Incidents of discipline or dismissal among staff or consultants due to non-compliance with anti-corruption policies # Nil Nil Nil Anti-bribery, or anti-corruption fines, penalties, litigation, liabilities or settlements # Nil Nil Nil Cost of fines, penalties or settlements in relation to bribery or corruption $ Nil Nil Nil INFORMATION SECURITY Significant cybersecurity breaches # Nil Nil Nil Board members having cybersecurity expertise # 8 6 6 FINANCIAL Revenue (million) $ 1,219.0 1,315.7 1,300.0