FRANCO-NEVADA CORPORATION 109 THE GOLD INVESTMENT THAT WORKS DIVERSIFIED ASSETS RESERVES AND RESOURCES ADDITIONAL INFORMATION Diversified Assets – Other Mining Other Central America & Mexico Assets Central America & Mexico Diversified Please refer to the tables on pages 128-136 for a breakout of grade and tonnages by Mineral Resource category. Franco-Nevada has a production payment royalty on the Milpillas copper mine in Sonora, Mexico operated by Industrias Peñoles, S.A.B. de C.V. (“Peñoles”). The royalty is based on $0.04/lb of copper produced, if the price of copper is above $1.20/lb, and covers an estimated 30 km 2 . The project is an underground copper mine and heap leach operation and was acquired by Franco-Nevada in September 2020 as part of a portfolio of 24 royalties from Freeport-McMoRan Inc. Milpillas paused active mining in mid-2020 and transitioned to residual leaching. Minimal production from Milpillas is expected in the near term; however, potential exists for the operation to restart active mining in the future. Franco-Nevada has not included Milpillas in Royalty Ounce estimates Milpillas Cu Mexico, Central America & Mexico Operator: Industrias Peñoles, S.A.B. de C.V. Royalty: Production Payment Diversified Franco-Nevada has a 4.1% equity interest in Falconbridge Dominicana, C. por A. (“Falcondo”) that is economically similar to a profit royalty except that payments are received through discretionary dividend distributions. Falcondo is a ferronickel surface mining operation with production capacity of 29,000 tonnes of contained nickel per annum located in the Dominican Republic with operations dating back to 1971. Falcondo is typically a swing producer and was put on care and maintenance when nickel prices fell in October 2013. In 2015, Glencore sold its 85.26% ownership in the operation to Americano Nickel Limited, a private equity company which has subsequently restarted the mine. Franco-Nevada has not received any dividends in recent years. For Royalty Ounce calculation, Franco-Nevada estimates 100% of the Mineral Reserves and Mineral Resources are subject to our equity interest and estimates a margin of 20% is applicable. Nickel has been converted to Royalty Ounces assuming $9.00 per pound ($7.00 in 2020, $7.25 per pound in 2019) Falcondo Ni Dominican Republic, Central America & Mexico Operator: Americano Nickel Limited Royalty: 4.1% Dividend Diversified Falcondo, Dominican Republic