FRANCO-NEVADA CORPORATION 91 THE GOLD INVESTMENT THAT WORKS N Edikan Gold Mine Royalty Area 1.5% NSR Km 0 10 Mining License and Royalty Area Exploration License Deposit Ayanfuri Mine Licenses Accra Edikan Gold Mine Mill Site Esuajah South Esuajah North Fetish Chirawewa Ataasi Mampon Abnabna Fobinso Dadieso GHANA PRECIOUS METALS DIVERSIFIED ASSETS RESERVES AND RESOURCES ADDITIONAL INFORMATION 2021 2020 2019 Revenue to Franco-Nevada ($ million) $ 3.9 $ 4.4 $ 3.6 P&P Reserves (koz Au) 1 1,318 1,477 1,608 M&I Resource (koz Au) 1 2,326 2,573 2,699 Inferred Resource (koz Au) 1 300 344 348 P&P Royalty Ounces (000s) 2 20 22 24 M&I Royalty Ounces (000s) 1, 2 35 39 40 Inf Royalty Ounces (000s) 2 5 5 5 1 Please refer to the tables on pages 128-136 for a breakout of grade and tonnages by Mineral Resource category; all M&I categories are inclusive of Mineral Reserves 2 For Royalty Ounce calculation, Franco-Nevada estimates 100% of the Mineral Reserves and Mineral Resources are subject to our royalty interest and estimates a rate of 1.5% is applicable Edikan Au Ghana, Rest of World Operator: Perseus Mining Limited Royalty: NSR: 1.5% Precious Metals In 2011, Franco-Nevada acquired an effective 1.5% NSR royalty on Perseus Mining Limited’s (“Perseus”) Edikan gold mine in Ghana, centered on the Ashanti Gold Belt which includes two mining leases of approximately 93 km 2 . In June 2015, Perseus’ Supplementary Environmental Impact Statement was approved which was required for mining the Fetish, Chirawewa, Bokitsi (collectively referred to as the “Eastern Pits”) and Esuajah North gold deposits. An upgrade to the mill and relocation of housing was successfully completed by the end of 2016. The Esuajah South deposit was subsequently included in Edikan’s production profile and an updated life of mine plan based on revised reserves reported in February 2020 was prepared. Gold production was forecast to average Rest of World Exploration potential to further extend current mine life 212,000 ounces per annum over Edikan’s estimated mine life of 6.2 years from July 1, 2020, including gold production of approximately 231,000 ounces per annum on average over the first 4 years. 2021 production at Edikan was 150,330 ounces of gold compared with 158,090 ounces of gold in 2020. In February 2022, Perseus announced that production in Perseus’ 2022 fiscal year, based on December 2021 half year guidance, is expected to be between 142,284 to 157,284 gold ounces. Exploration opportunities are expected to further extend the current mine life at Edikan while focusing on new exploration targets within trucking distance. Perseus has recorded encouraging drilling results at the Nkosuo prospect 7 km from the Edikan mine (not covered by Franco-Nevada’s royalty) and expects to complete a maiden resource estimate for Nkosuo early in the June 2022 quarter. The Nkosuo discovery has the potential to extend Edikan’s mine life beyond 2026-2027, allowing for future near-mine discoveries which could potentially fall on royalty ground. Edikan, Ghana