Wildlife

Franco-Nevada backs nature-positive goals by tracking TNFD efforts of partners like Vale and Teck, supporting forest restoration and wildlife conservation.

Franco-Nevada Corporation 15 Vale's Forest Target Initiative Near its Northern and Southeastern Systems, Brazil Vale's 2030 agenda includes targets to reduce emissions, freshwater withdrawal, and restore/protect 500,000 hectares of forest. Vale's Forest Target involves recovering 100,000 hectares through positive impact businesses and protecting 400,000 hectares via partnerships. The Vale Natural Reserve and Fundo Vale lead these efforts. The Vale Natural Reserve, located in Espírito Santo, Brazil, is one of the largest remnants of the Atlantic Forest, with over 23,000 hectares of protected wilderness and more than 40 years of experience in conservation, research, and collaborative partnerships. The Fundo Vale, established in 2009, aims to generate positive socio-environmental impacts. As of 2023, Vale had protected 165,000 hectares and restored 12,000 hectares (representing 35% of its Forest Target) using models from the Amazon and Atlantic Forest, including REDD+ projects. Additionally, 7,000 hectares were restored through agroforestry systems, with nine businesses involved. Capuchin monkey at the Vale Natural Reserve Woodland Caribou in northeastern Ontario Woodland Caribou Tracking and Monitoring: Supporting Wildlife Conservation at Detour Lake Mine One of the ways Agnico Eagle demonstrates its commitment to wildlife conservation at Detour Lake mine in Northern Ontario is through caribou tracking and monitoring initiatives. Annually conducting aerial surveys covering an expansive 2,300 km2 area, the Environment and Sustainability team at the mine records sightings of caribou, moose and wolves. In addition, every four to five years, in February, collaring activities commence, a critical step in understanding the movements and behaviours of Woodland Caribou. The period from 2016 to 2020 witnessed the collaring of 20 female caribou, which provided valuable insights into their movements around the mine and helped identify their preferred habitats. These insights help to inform conservation and management strategies that can be implemented around the mine. The team's plans include collaring 30 female caribou to provide additional data to help regulators, utilizing advanced technology to track their movements over the next four years. These collars will send GPS signals eight times a day through satellite communication. Notably, five of the collars will be equipped with cameras, capturing 14 to 45-second videos daily. This innovation will allow for a deeper understanding of caribou interactions and their feeding behaviors. Detour’s caribou tracking and monitoring program helps to ensure the preservation of local wildlife. By employing innovative technology and expanding monitoring efforts, Agnico Eagle contributes to the ongoing sustainability and biodiversity of the region surrounding the Detour Lake operations. The Taskforce on Nature-related Financial Disclosures (“TNFD”) and related guidance and recommendations are designed to help organizations to report and act on evolving nature-related issues with the ultimate aim of supporting a shift in global financial flows away from nature- negative outcomes and toward nature-positive outcomes. The recommendations of the TNFD have been designed to meet the corporate reporting requirements of organizations across jurisdictions, to be consistent with the global baseline for corporate sustainability reporting and to be aligned with the global policy goals in the Kunming-Montreal Global Biodiversity Framework. Although nature-related dependencies, risks and opportunities are not directly applicable to our corporate operations, we carefully monitor the TNFD framework for recommended disclosures relating to the projects in which we hold or seek to hold royalty and stream interests. Two of our Top Mining Producers, Teck and Vale, are early adopters of the TNFD and committed to making disclosures aligned with the TNFD recommendations in their corporate reporting by their 2024 and 2025 financial years, respectively, with Teck publishing its first Climate Change and Nature 2024 Report aligned with the TNFD earlier this year. An additional four of our Top Mining Producers have disclosed that they are either a member of the TNFD Forum, a global multi-disciplinary consultative group of institutions aligned with the TNFD’s mission and principles, and/or have taken steps to implement, or are considering implementing measures in line with the TNFD. Credit: Ricardo Teles Responsible Capital Allocation Due Diligence Process Ongoing Asset Management Key ESG Factors Supply Chain Message from our CEO Report Highlights About Franco-Nevada Community Contributions Good Governance and Shareholder Alignment Diversity, Inclusion and Well-Being Transparency and Guiding Principles Climate Action About this Sustainability Report Appendices Health and Safety Carbon Footprint Water Management and Risk Tailings Management Biodiversity