82 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 A P P E N D I X H : C A R B O N N E U T R A L I N I T I A T I V E * Represents all of our estimated reported emissions from our global corporate operations in 2023, or 214.6 tCO 2 e (equal to total Scope 2 emissions of 63.9 tCO 2 e plus total Scope 3 emissions of 150.7 tCO 2 e), which are calculated subsequent to year-end. As indicated in the Corporate Footprint section in this ESG Report, our global operations do not have Scope 1 (direct) emissions as our offices rely on electricity and steam for energy and heating, which are included under our Scope 2 (indirect) emissions. † We purchased offsets representing 125% of our grossed up emissions to provide for a buffer to ensure that all of our company’s corporate operational emissions were covered, including to account for certain minimal but unquantifiable emissions which some of our employees may periodically contribute to. See page 40 for further details. ◊ We consider "high quality" offsets to have several characteristics, the most important being the quality of certification of the offset and the ability of the purchaser to retire offsets once the benefit has taken place. Carbon Neutral for Corporate Operations (2023) Carbon Offset Purchased from Supplier Emissions Eliminated Carbon Offset Supplier Cururos Wind Farm Project, Chile (50%) Madre de Dios Amazon REDD Project, Peru (50%) All emissions* for our global operations † Innovate Climate Inc. • Barbados-based supplier of high quality ◊ carbon offsets • Portion of profits help support Barbadian NGOs, including I Am A Girl, Coral Reef Restoration Alliance, and The Future Centre Trust Gold Standard Certified The Cururos Wind Farm Project includes two wind farms called “El Pacifico" and “La Cebada" with a total installed capacity of 109.6 MW and an average generation of 290 GWh per year. The project will also contribute to the sustainable development of the country and region by decreasing the dependency on limited non-renewable resources, generate employment opportunities, contribute to the transfer of clean technology, and create new direct and indirect income sources. Verra Certified Madre de Dios, known for its biodiversity, is home to endangered species like the black caiman, harpy eagle, and giant otter. However, the construction of the South Inter-Oceanic Highway has led to increased accessibility and immigration, resulting in rapid land use change and forest degradation. The project’s aim is to preserve community forests through the promotion of sustainable economic activities, forest governance, and the establishment of conservation agreements.