30 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 Franco-Nevada Diversity Scholarships In 2023, we continued to develop and grow the Franco-Nevada Diversity Scholarship program, now in its third year, by expanding the program and making five new scholarship awards, which were awarded during the year to diverse students attending mining engineering programs at four Canadian universities. We also renewed annual scholarships awarded to the program’s prior recipients taking the total number of active scholarships to nine. BlackNorth Initiative The BlackNorth Initiative was created by The Canadian Council of Business Leaders Against Anti -Black Systemic Racism to combat anti-Black systemic racism in Corporate Canada. We became a signatory to the BlackNorth Initiative pledge at its inaugural summit in July 2020. Our pledge includes the following commitments: (i) hire on average at least 5% within our student workforce from the Black community; (ii) invest by 2025 at least 3.5% of corporate donations and sponsorships to promote investment and create economic opportunities in the Black community; and (iii) set numeric diversity goals for the representation of Diverse Persons, including Black people, on our Board and among senior management. To date we have exceeded our student workforce commitment and have surpassed our donation and sponsorship commitment donating to four separate registered Canadian charitable organizations, supporting the Black community in the areas of education, health, youth, and business. In early 2023, we amended our Diversity and Inclusion Policy to include an additional diversity goal to achieve at least one Diverse Person on grounds broader than gender diversity at the Board level by 2025. Diversity Scholarship “In 2023, we continued to develop and grow the Franco-Nevada Diversity Scholarship program, now in its third year, by expanding the program and making five new scholarship awards...” Diversity and Inclusion Initiatives We are proud to have progressed the following diversity and inclusion initiatives during 2023 and year to date: National Day for Truth and Reconciliation at Franco-Nevada’s offices in Toronto (2023) Related Policies and Statements: • BlackNorth Initiative Pledge
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