2022 ASSET HANDBOOK 96 FNV TSX NYSE Rest of World Other Rest of World Assets Rest of World Precious Metals Please refer to the tables on pages 128-136 for a breakout of grade and tonnages by Mineral Resource category. In March 2021, Franco-Nevada acquired a 1.2% NSR from Roxgold Inc. (“Roxgold”) on the license covering its Séguéla open-pit gold project located in Côte d’Ivoire. The royalty is subject to a buy-back of up to 50% for a period of time. In July 2021, Fortuna Silver Mines Inc. (“Fortuna”) and Roxgold completed a business combination, with the combined company continuing as Fortuna. Roxgold completed a preliminary economic assessment in April 2020 and, in May 2021, released the results of a feasibility study that outline a 9-year open pit mine producing an average of 120,000 ounces of gold per year. In September 2021, Fortuna announced a positive construction decision for Séguéla, with first gold pour projected by mid-2023. Fortuna also indicated 130,000 ounces of gold production annually for the first six years of production. As of January 2022, the overall project is 32% complete. In March 2022, Fortuna announced a maiden Inferred Mineral Resource estimate for the Sunbird discovery. Fortuna estimates an Inferred Mineral Resource of 3.4 million tonnes at an average grade of 3.16 g/t gold containing 350,000 gold ounces. Fortuna plans to continue exploring the land package with an active exploration program and remains very encouraged at the potential for further exploration to help in determining the ultimate scale of the Séguéla project. For Royalty Ounce calculation, Franco-Nevada estimates 100% of Mineral Reserves and Mineral Resources are subject to our royalty interest and estimates a rate of 1.2% is applicable Séguéla Au Côte d’Ivoire, Rest of World Operator: Fortuna Silver Mines Inc. Royalty: NSR: 1.2% Precious Metals Franco-Nevada has a 2% NSR on the Perama Hill project currently held by Eldorado Gold Corporation (“Eldorado”). The Perama Hill gold project is located in the Thrace region of northeastern Greece and consists of two mining titles covering an area of 19 km 2 and two mining exploration licenses covering an area of 18 km 2 . Eldorado has been challenged in getting the needed approvals to advance its activities in Greece. Perama Hill has an estimated Mineral Reserve of 1,250,000 ounces (12.5 million tonnes grading 3.11 g/t), an increase from 975,000 ounces as at December 31, 2019, based on a revised and expanded open-pit design which will allow more of the known orebody to be mined. An updated Perama Hill technical study is expected in 2022. For Royalty Ounce calculation, Franco-Nevada estimates 100% of Mineral Reserves and Mineral Resources are subject to our royalty interest and estimates a rate of 2.0% is applicable Perama Hill Au Greece, Rest of World Operator: Eldorado Gold Corporation Royalty: NSR: 2% Precious Metals PRECIOUS METALS