31 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 E M P L O Y E E B E N E F I T S A N D W E L L - B E I N G We strive to create an inclusive, safe, and supportive environment for all our employees, which includes opportunities for hybrid work, health benefits and wellness allowances, and robust workplace policies and practices. Hybrid Work Arrangements The way in which we live and work has changed significantly over the past several years. In many ways, the COVID-19 pandemic changed the way employees balance their work and personal lives. In 2023, we maintained a hybrid office model and continue to support our employees who require flexible and personalized work options. Workplace Accommodations We value the diverse representation of our workforce and seek to promote inclusivity and remove barriers by accommodating our employees where possible so that no individual is disadvantaged relative to other members of our team. In 2022, we collaborated with one of our employees in Toronto to modify existing office space to accommodate for religious practices and observances to be carried out during the work day. Health and Wellness Benefits We provide our employees with comprehensive health and insurance benefits. Additionally, 2023 marks our second year of our Wellness Allowance Policy, which broadens the scope and increases the quantum of employees’ wellness-related benefits to further support our employees and their families and allows for more benefits flexibility. 1 All dollar figures are in USD (or converted to USD as at December 31, 2023) and are on a per-hour basis. 2 All information current as of December 31, 2023, unless otherwise specified. 3 A living wage is a measure intended to represent the remuneration received by a worker in a particular location sufficient to afford a decent standard of living for the worker and their family. Elements of a decent standard of living include food, water, housing, education, health care, transportation, clothing, and other essential needs, including provision for unexpected events. 4 Source: https:// www.ontario.ca/document/your-guide- employment-standards-act-0/minimum-wage 5 Source: https://www.ontariolivingwage.ca/ 6 Source: https://cdle.colorado.gov/dlss (as of January 1, 2024) 7 Source: https://livingwage.mit.edu/counties/08035 (as of February 14, 2024) 8 Source: https://gisbarbados.gov.bb/download/ minimum-wage-national-and-sectoral-minimum-wage- order-2021/ 9 Source: https://mywage.org/barbados/images/ living-wages/520300000/view 10 Source: https://www.fairwork.gov.au/pay-and-wages/ minimum-wages 11 Calculated as 60% of median full-time adult ordinary time earnings. Source: https://www.abs.gov.au/ statistics/labour/earnings-and-working-conditions/ employee-earnings/aug-2023 Employee Pay We are committed to ensuring that all of our employees receive salaries that significantly exceed the minimum and living wages in the applicable jurisdictions in which they work and that all such employees receive vacation pay, sick pay and parental leave pay and other benefits. The table above sets out the sources and methodologies used to determine minimum and living wages in each of the four jurisdictions in which we have corporate offices in order to demonstrate that 100% of our global workforce receives salaries that exceed both the minimum and living wages in those jurisdictions. Labour Rights and Standards We are committed to the fundamental labour standards and rights at work set out in the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work. In accordance with our Human Rights Policy and as enshrined in the Canadian Charter of Rights and Freedoms, we are supportive of the fundamental freedoms of our employees (and of all individuals), including the freedom of thought, belief, opinion and expression, the freedom of peaceful assembly and the freedom of association. None of our employees are organized by a trade union or labour union and there are no collective bargaining agreements in place in respect of our staff or company. As such, there have been no strikes or lock-outs in Minimum and Living Wage and Franco-Nevada Employee Pay 1,2 Jurisdiction; % of Full-Time Employees (FTEs) in Jurisdiction Minimum Wage (US$) Living Wage 3 (US$) % of Franco-Nevada FTE Pay Exceeding Minimum and Living Wage Canada (Toronto, ON) 67.5% $12.51 4 $18.94 5 100% USA (Colorado) 10% $14.42 6 $29.23 7 100% Barbados 20% $4.25 8 $8.90 9 100% Australia 2.5% $15.59 10 $15.91 11 100% Related Policies and Statements: • Wellness Allowance Policy • Human Rights Policy • Disconnecting from Work Policy our company’s history. Notwithstanding, we respect the right to collective bargaining (ILO C98), the protection of workers’ representatives and prevention of workers’ representatives discrimination (ILO C135). In 2023, we adopted a new Disconnecting from Work Policy to formalize our commitment to recognizing the importance of our employees’ ability to balance their work and personal lives, all while performing their duties to the best of their abilities.