Franco-Nevada Corporation 37 In terms of our own environmental impact, our carbon footprint is very small. Our workforce, consisting of 43 full-time employees, operates solely within office environments, including at our head office in Toronto in Commerce Court West. Our remaining staff work in office spaces located in Barbados, the United States and Australia. We have advanced the following measures and programs to reduce our carbon footprint and environmental impact: § Since 2019, we have utilized Notice and Access delivery procedures to reduce consumption of paper products*; § At the end of 2023, we installed updated light sensors in our Toronto office to reduce electricity consumption; § We have commissioned the installation of a solar panel system at our Barbados office, and expect the system to be operational in 2025; § In 2025, we formalized a corporate policy to incentivize low carbon transportation and commuting by our employees, offering reimbursements for sustainable commuting expenses and incentives for zero-emission vehicle purchases or leases; and Corporate Footprint QuadReal Property Group QuadReal Property Group, the company that manages Commerce Court West, has established the following science-based carbon reduction goals: § 2025: Net zero transition plans in place for Canadian directly managed portfolio § 2030: 50% absolute carbon reduction for Canadian directly managed portfolio § 2040: All Canadian directly managed office buildings achieve net zero emissions § 2050: Global directly managed portfolio achieves net zero Commerce Court West In December 2017, Commerce Court West (the office tower in which our Canadian head office is located) achieved BOMA BEST Platinum level certification. This is the highest level of certification in the BOMA BEST green buildings certification program, Canada’s largest environmental assessment and certification program for existing buildings. In 2021, Commerce Court was awarded BOMA Canada The Outstanding Building of the Year (TOBY) Award for a building with over 1 million square feet. Commerce Court West is certified LEED EB Platinum, reflecting the successful implementation of its long-term sustainability strategy and an ongoing commitment to the environment and other sustainability-focused initiatives. LEED provides a framework for healthy, efficient, carbon and cost-saving green buildings. LEED certification is a globally recognized symbol of sustainability achievement, and it is backed by an entire industry of committed organizations and individuals paving the way for market transformation. * On average, notice-only mailings use much less paper, are faster to produce, and are 90% lighter than full meeting mailpacks (Source: computershare.com/corporate/about-us/corporate- responsibility/sustainability). Related Policies & Statements: § Climate Action Policy § Sustainable Commuting Policy § Pursuant to our Climate Action Policy, before transacting with any significant suppliers of goods, we ensure that they have in place commitments, plans, targets and initiatives aligned with the goal of net-zero emissions by 2050 or sooner. Message from our CEO Report Highlights About Franco-Nevada Responsible Capital Allocation Community Contributions Good Governance and Shareholder Alignment Diversity, Inclusion and Well-Being Transparency and Guiding Principles About this Sustainability Report Appendices Climate Action Goals Overall Carbon Footprint Investment Footprint Climate Action Corporate Footprint