28 Message from our CEO Report Highlights About Franco-Nevada Responsible Capital Allocation Community Contributions Good Governance and Shareholder Alignment Diversity, Inclusion and Well-Being Diversity and Inclusion Employee Benefits and Well-Being Health, Safety and Security Human Rights, Non-Discrimination, Anti-Harassment and Equal Opportunity Climate Action Transparency and Guiding Principles About this ESG Report Appendices D I V E R S I T Y A N D I N C L U S I O N Diversity and Inclusion Policy We are committed to diversity among our employees, executive officers and on our Board and have made meaningful progress over the past few years in improving our diversity practices and policies and increasing the number of Diverse Persons* within our company. Our Diversity and Inclusion Policy emphasizes all forms of diversity in identifying candidates to recommend for appointment/election to the Board and for appointment/promotion to senior management positions. Diverse candidates must be included in any search for new Board members and senior management positions, including for any new roles established by our company (including internal promotions). The Diversity and Inclusion Policy provides for the following goals: • maintaining a Board composition in which at least 30% of the independent directors are women; • achieving, by 2025, and thereafter maintaining, 40% Diverse Persons at the Board and senior management level (on an aggregated basis); and • achieving, by 2025, and thereafter maintaining, a Board composition in which at least one independent director is a Diverse Person on grounds broader than gender diversity. We have achieved our first two diversity goals and remain committed to having Board diversity on grounds other than gender diversity by 2025. Related Policies and Statements: • Diversity and Inclusion Policy * Diverse Persons include women, Black, Indigenous and other people of colour, individuals who identify as LGBTQ2S+ and people with disabilities. † Following May 1, 2024 annual general and special meeting, the number of directors is anticipated to increase to 9, comprised of 33% women and Diverse Persons. ◊ Vice President and above. Legend Woman Diverse Person* Visible Minority ♀ ♀ Other Global Workforce ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ Board of Directors † ♀ ♀ ♀ ♀ ♀ ♀ Senior Management ◊ ♀ ♀ ♀ ♀ WOMEN WOMEN WOMEN DIVERSE PERSONS DIVERSE PERSONS DIVERSE PERSONS VISIBLE MINORITIES VISIBLE MINORITIES VISIBLE MINORITIES 38 % – 14 % 45 % 43 % 45 % 38 % 43 % 63 %