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 52 A P P E N D I X B : O P E R A T O R S ’ E M I S S I O N S * Figures in this table are estimated greenhouse gas emissions of producing mining assets where we have royalty and stream interests. Unless otherwise noted, such information has been provided by McKinsey MineSpans (outside-in modeled data - all rights reserved). Such data only relates to mine production and excludes emissions attributable to mine construction, pre-stripping, underground development relating to non-operational activities, care and maintenance of assets, and mine rehabilitation. Emission data (i) is provided on a 100% basis, notwithstanding that the applicable operation may be jointly owned by the referenced operator and (ii) applies to the entire project. “NA” means that data is not publicly available and has not been modeled by McKinsey MineSpans. ** Figures for 2021 and 2020 include emissions related to the pelletizing stage. Starting in 2022, these emissions have been reallocated to midstream facilities and are therefore excluded from the 2022 figures presented. Emissions (tCO 2 e) 2022 2021 2020 Asset Operator Scope 1 Scope 2 Total Scope 1 Scope 2 Total Scope 1 Scope 2 Total Agate Creek (Australia - Queensland) Laneway Resources Limited NA NA - - - - 3,442.0 7,146.0 10,588.0 Agnew (Vivien Gold Mine) (Australia - W. Australia) Remelius Resources Limited 9,659.4 7,920.3 17,579.7 9,614.8 8,351.7 17,966.6 7,440.0 6,701.0 14,141.0 Antamina (Peru) Teck Resources Limited 521,856.9 217,434.7 739,291.5 564,073.6 230,270.1 794,343.8 381,951.4 166,304.3 548,255.7 Antapaccay (Peru) Glencore plc 294,314.4 123,197.5 417,511.9 302,057.5 141,100.4 443,157.9 297,744.4 166,004.3 463,748.7 Bald Mountain (USA - Nevada) Kinross Gold Corporation 106,435.0 18,651.9 125,086.8 125,910.3 24,975.4 150,885.7 121,554.0 44,495.0 166,049.0 Bowen Basin (Moorvale) (Australia - Queensland) Peabody Energy Corp. 87,006.8 8,049.8 95,056.6 150,245.9 14,662.1 164,908.0 139,211.0 14,443.0 153,654.0 Brucejack (Canada - British Columbia) Newmont Corporation 24,990.3 1,011.3 26,001.6 30,363.4 1,222.3 31,585.7 20,676.0 1,291.0 21,967.0 Canadian Malartic (Canada - Quebec) Agnico Eagle Mines Limited 189,812.3 689.9 190,502.2 210,395.2 791.6 211,186.8 218,268.0 847.0 219,115.0 Candelaria (Chile) Lundin Mining Corporation 250,888.6 300,453.2 551,341.8 341,568.9 342,965.9 684,534.8 279,650.2 279,610.2 559,260.4 Carol Lake (Canada - Newfoundland & Labrador)** Rio Tinto 145,006.8 - 145,006.8 393,318.5 - 393,318.5 394,058.6 - 394,058.6 Caserones (Chile) Lundin Mining Corporation 151,294.7 - 151,294.7 307,225.1 285,867.7 593,092.7 - Castle Mountain (USA - California) Equinox Gold Corp. 15,476.0 - 15,476.0 7,156.6 2,661.4 9,818.0 957.0 416.0 1,373.0 Cerro Moro (Argentina) Pan American Silver Corp. 44,356.1 - 44,356.1 42,625.2 - 42,625.2 41,500.0 - 41,500.0 Cobre Panamá (Panamá) First Quantum Minerals Ltd. 2,371,520.7 88,037.3 2,459,558.0 2,512,552.2 270,145.9 2,782,698.2 2,187,011.0 73,279.2 2,260,290.2 Condestable (Peru) Southern Peaks Mining LP 7,948.8 17,575.1 25,523.9 7,378.9 17,790.3 25,169.2 6,116.9 8,553.9 14,670.8