Franco-Nevada Corporation 47 About this Sustainability Report Scope This Sustainability Report includes information about Franco-Nevada Corporation and its subsidiaries (“Franco-Nevada”, the “company”, “we”, “us” or “our”). Unless otherwise specified in this Sustainability Report, reference to “Franco-Nevada”, the “company”, “we”, “us” or “our” refers to our entire corporate structure and global operations and workforce. This Sustainability Report complements but does not form part of our most recent Annual Report, Management Information Circular, and Annual Information Form available at www.franco-nevada.com and filed with the Canadian securities regulatory authorities on www.sedarplus.com or with the Securities and Exchange Commission on www.sec.gov. Certain information is based on the public disclosure of our operating partners and has not been independently verified by Franco-Nevada. On June 20, 2024, the Canadian Government passed amendments to the Competition Act with immediate effect requiring companies to substantiate environmental claims. The Competition Bureau of Canada is currently developing enforcement guidelines to facilitate compliance with these new provisions. Readers are cautioned that this Sustainability Report reflects the legal requirements and disclosure obligations applicable to Franco-Nevada that were in effect for the year ended December 31, 2024 and as a result, the information contained in this Sustainability Report may or may not be aligned with legal requirements or government guidance adopted after such date. Franco-Nevada is committed to reporting accurate and transparent information and may update this Sustainability Report based on additional legal requirements or government guidelines at any time. Materiality The ESG topics and issues described in this Sustainability Report are those that we have identified as most important to our shareholders and our other stakeholders. Our processes to assess the materiality of ESG issues for our company involve routine strategy meetings between management and our Board of Directors. We also engage regularly with our shareholders and other stakeholders to determine whether our ESG strategy and efforts are aligned with the key concerns and priorities of our employees, directors, shareholders, community members, ESG rating agencies and other stakeholders. Please refer to page 24 of this Sustainability Report for a summary of the ways in which we engage with our stakeholders and their key topics of interest in 2024. We actively collaborate with industry leaders through our involvement with the World Gold Council and other industry associations. Through these various discussions and collaborations, we identify our ESG priorities, which are reflected in our corporate policies, in our corporate goals, targets and initiatives, and in this Sustainability Report. Reporting Period All data and examples contained in this Sustainability Report reflect activities undertaken during the 2024 fiscal year, unless otherwise noted. ESTMA Franco-Nevada supports efforts to increase transparency and accountability in the mining and energy industries. Please refer to Franco-Nevada’s enrollment under Extractive Sector Transparency Measures Act (“ESTMA”): www.franco-nevada.com/ investors/ESTMA Currency All amounts in this document are in U.S. dollars unless otherwise noted. Feedback We would like to hear what you think about our Sustainability Report or any aspect of our ESG and sustainability efforts. Please send any questions or comments to [email protected]. Forward-Looking Information Certain statements made in this Sustainability Report contain “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995, respectively. Such forward- looking statements reflect management’s current beliefs and assumptions and are based on information currently available to management. Often, but not always, forward- looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budgets”, “potential for”, “scheduled”, “estimates”, “forecasts”, “predicts”, “projects”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Franco-Nevada to be materially different from any future results, performance or achievements expressed or implied by the forward- looking statements. Many factors could cause actual events or results to differ materially from any forward- looking statement. Franco-Nevada cannot assure investors that actual results will be consistent with these forward- looking statements Accordingly, investors should not place undue reliance on forward-looking statements due to the inherent uncertainty therein. For additional information with respect to risks, uncertainties and assumptions, please refer to Franco-Nevada’s most recent Annual Information Form filed with the Canadian securities regulatory authorities on www.sedarplus.com and Franco-Nevada’s most recent Annual Report filed on Form 40-F filed with the Securities and Exchange Commission on www.sec.gov. The forward-looking statements in this Sustainability Report are made as of the date indicated and Franco-Nevada does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. This Sustainability Report does not constitute an offer to sell or a solicitation for an offer to purchase any security in any jurisdiction. 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 Appendices About this Sustainability Report