Franco-Nevada Corporation 29 Franco-Nevada Diversity Scholarships In 2024, we continued to grow the Franco-Nevada Diversity Scholarship program, now in its fourth year, by making four new scholarship awards to diverse students attending mining engineering programs at three Canadian universities. We also renewed annual scholarships awarded to the program’s prior recipients taking the total number of active scholarships to twelve. In 2024, we continued to grow the Franco-Nevada Diversity Scholarship program, now in its fourth year, by making four new scholarship awards... Diversity Scholarship Diversity and Inclusion Initiatives We are proud to have progressed the following diversity and inclusion initiatives during 2024 and year to date: BlackNorth Initiative The BlackNorth Initiative was created by The Canadian Council of Business Leaders Against Anti-Black Systemic Racism to combat anti-Black systemic racism in Corporate Canada. We became a signatory to the BlackNorth Initiative pledge at its inaugural summit in July 2020. Our pledge includes the following commitments: (i) hire on average at least 5% within our student workforce from the Black community; (ii) invest by 2025 at least 3.5% of corporate donations and sponsorships to promote investment and create economic opportunities in the Black community; and (iii) set numeric diversity goals for the representation of Diverse Persons, including Black people, on our Board and among senior management. To date, we have exceeded our student workforce commitment and have surpassed our donation and sponsorship commitment donating to four separate registered Canadian charitable organizations, supporting the Black community in the areas of education, health, youth, and business. Related Policies, Statements & Links: § BlackNorth Initiative Pledge § Franco-Nevada Diversity Scholarship "July 7, 2021, is a day that stands out vividly in my memory. It was the day I was awarded the Franco-Nevada Diversity Scholarship. It’s incredibly difficult to succinctly express the range of emotions I felt when I was given the news that I had been selected as the recipient of the scholarship. It was a mix of joy, relief, and a newfound sense of freedom. For the first time in my life, I felt secure about my future, knowing my path was set. Looking back on everything that I have achieved since that day, from the jobs I’ve worked, to the friends I’ve made, and the opportunities I’ve embraced, I realize that the scholarship was more than just financial support. It became a defining moment that shaped my purpose in life, more than anything I could have dreamed of. In the coming months, I plan to graduate and complete another internship as a hydrometallurgist with Freeport-McMoRan before beginning my Master of Engineering degree in the fall. None of this would have been possible without that initial support and investment in my future." – Feroz Shah Feroz Shah, Franco-Nevada's first ever Diversity Scholarship recipient, during his internship with Rio Tinto at Iron Ore Company of Canada’s operations in Labrador City (2023) Message from our CEO Report Highlights About Franco-Nevada Responsible Capital Allocation Community Contributions Good Governance and Shareholder Alignment Climate Action Transparency and Guiding Principles About this Sustainability Report Appendices Diversity, Inclusion and Well-Being Employee Benefits and Well-Being Health, Safety and Security Human Rights, Non-Discrimination, Anti-Harassment and Equal Opportunity Diversity and Inclusion