Message from our CEO 51 Report Highlights Unit 2023 2022 2021 8 Unit 2023 2022 2021 CLIMATE & ENVIRONMENT GOVERNMENT & LOBBYING About Franco-Nevada Hazardous waste tonnes Nil Nil Nil Facilitation payments $ Nil Nil Nil 3 Fresh water withdrawn m Nil Nil Nil Political donations $ Nil Nil Nil Responsible 3 Total water withdrawn m Nil Nil Nil Lobbying expenditures $ Nil Nil Nil Capital Allocation 3 Water recycled m Nil Nil Nil Trade associations or tax-exempt groups whose role $ Nil Nil Nil Board members having climate expertise # 7 6 6 is to influence political campaigns and legislation Community Scope 1 - Total GHG emissions from fuel tCO e Nil Nil Nil Known government ownership % Nil Nil Nil Contributions 2 Scope 2 - Total GHG emissions from electricity tCO e 63.9 57.6 40.5 COMPLIANCE, DISPUTES, 1 2 and steam FINES & LITIGATION Good Governance and Scope 3 - Total GHG emissions from tCO e 150.7 558,750.3 627,396.6 Cases of non-compliance or breaches Shareholder Alignment indirect sources 2 of our corporate policies # Nil Nil Nil • from purchased goods and services tCO e 26.3 20.6 11.0 Instances of whistleblower complaints # Nil Nil Nil (Scope 3 Category 1) 2 Diversity, Inclusion Environmental fines, penalties, litigation, liabilities # Nil Nil Nil • from waste and wastewater tCO e 5.6 4.1 2.5 or settlements and Well-Being (Scope 3 Category 5)3 2 • from business travel tCO e 100.6 68.3 11.3 BRIBERY & ANTI-CORRUPTION Climate Action (Scope 3 Category 6)4 2 Incidents of discipline or dismissal among staff • from employee commuting tCO e 18.2 17.3 7.1 or consultants due to non-compliance with # Nil Nil Nil Transparency and (Scope 3 Category 7)4 2 anti-corruption policies Guiding Principles • from investments 5 Anti-bribery, or anti-corruption fines, penalties, # Nil Nil Nil tCO e NR 558,640.0 627,364.7 (Scope 3 Category 15) 2 litigation, liabilities or settlements Total GHG emissions tCO e 214.62 558,807.9 627,437.1 Cost of fines, penalties or settlements in relation About this ESG Report 2 $ Nil Nil Nil 6 to bribery or corruption GHG reductions from carbon offsets purchased tCO e (268.3) (209.9) (90.5) 2 Appendices Carbon neutrality for corporate operations Y/N Yes Yes Yes INFORMATION SECURITY COMMUNITY & Significant cybersecurity breaches # Nil Nil Nil A: ESG Performance Table OTHER CONTRIBUTIONS Board members having cybersecurity expertise # 8 6 6 B: Operators’ Emissions Community and operator energy transition $ 1,448,065 1,070,785 787,190 FINANCIAL 7 C: TCFD Disclosure contributions actually funded Revenue (million) $ 1,219.0 1,315.7 1,300.0 D: SASB Disclosure 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 E: GRI Index (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. F: Sustainable 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 Development Goals 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. G: KPMG: Independent 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. Limited Assurance Report 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. H: Carbon Neutral Initiative 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.