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FRANCO-NEVADA CORPORATION 111 THE GOLD INVESTMENT THAT WORKS DIVERSIFIED ASSETS RESERVES AND RESOURCES ADDITIONAL INFORMATION Diversified Assets – Other Mining Other United States Assets United States Diversified Please refer to the tables on pages 128-136 for a breakout of grade and tonnages by Mineral Resource category. The Robinson open-pit mining complex, operated by KGHM, produces copper, gold and molybdenum and is located near Ely, Nevada. Franco-Nevada has three royalties covering the Robinson mine: 1) a 0.225% NSR on all base metal and associated precious metal production; 2) a 10% NSR on 51% of the gold production from the property in excess of 60,000 ounces of gold per year; and 3) under a copper agreement, a price participation royalty on 51% of 40% of each pound of copper production from the property in excess of 130 million pounds of copper produced per annum, multiplied by the spot price, less $1.00 per pound adjusted for inflation (based on 1990 dollars). Amounts are only payable in any year in which the average price of copper during that year exceeds a $1 per pound threshold, as adjusted for inflation (based on 1990 dollars). Copper production for the first nine months of 2021 was approximately 93 million pounds, up 21% from the same period in 2020, while gold production for the first nine months of 2021 was 29,200 ounces. Franco-Nevada will likely only be paid on the base 0.225% NSR royalty for 2022 as production is expected to be below the royalty threshold level. For Royalty Ounce calculation, Franco-Nevada estimates 100% of the gold and copper Mineral Reserves and Mineral Resources are subject to our royalty interest and estimates an average rate of 0.225% is applicable for gold and 0.1913% for copper (which factors a NSR smelting charge of 15%). Copper has been converted to Royalty Ounces assuming $3.50 per pound ($3.50 in 2020, $3.00 per pound in 2019) Robinson Cu, Au Nevada, United States Operator: KGHM International Ltd. Royalty: NSR: 0.225% / other Diversified EaglePicher is a diatomaceous earth operation in Pershing County, Nevada, located about 23 miles northwest of Lovelock. The royalty is based on a fixed payment per ton which fluctuates based on the average sales price from the prior year’s sales. The royalty covers approximately 15 km 2 of checkerboard lands. The intervening lands are public and EaglePicher holds unpatented placer claims on those lands as needed for mining. The mine has been in continuous operation since the 1950s with approximately 65% of production coming from Franco-Nevada land. The revenue received from EaglePicher in 2020 and 2021 was $296,000 and $393,000, respectively. Franco-Nevada has not included EaglePicher in Royalty Ounce estimates EaglePicher De Nevada, United States Operator: EP Minerals, LLC Royalty: Production Payment Diversified KGHM Robinson, Nevada

Franco-Nevada Flipbook - Page 111 Franco-Nevada Flipbook Page 110 Page 112