Franco-Nevada Corporation 38 – 10.0 20.0 30.0 40.0 50.0 60.0 70.0 2024 2023 2022 57.6 34.4 23.2 63.9 37.3 26.6 58.4 30.6 27.8 Electricity Steam Corporate Scope 1 GHG Emissions Operating solely in office environments, our company does not have any quantifiable Scope 1 emissions. For example, Commerce Court West, our corporate head office building in Toronto, is heated with steam and utilizes electricity, which are reported under Scope 2 emissions. We acknowledge that some of our workforce may from time-to-time access certain public areas during their work days that are heated by, or otherwise utilize, fossil fuels. Although we do not have access to sufficient data to calculate our share of these Scope 1 emissions, we have purchased carbon offsets accounting for 125% of our overall reported Corporate Emissions to factor these in. * Historically, our Scope 2 emissions were disclosed on a partial FTE basis (2022 – 87.5%) due to unavailability of such data for our United States and Australian offices. Commencing last year, we grossed up these emissions to 100%, which resulted in a restatement of our Scope 2 emissions for 2022 (previously 50.4 tCO2e). We do not purchase market-based instruments for electricity consumption at our global operations, and residual emissions factors are currently unavailable in these jurisdictions. Consequently, in accordance with the GHG Protocol's Scope 2 guidance, market-based emissions have been calculated using location-based emissions factors. As a result, our market-based and location-based Scope 2 emissions have been deemed to be equal. † Represents raw data for utilities used in Toronto and Barbados offices. The portion of water usage and waste data relating to our Toronto office has been generated by building management and represents our proportionate share of the building’s aggregate water usage and waste. Total Corporate Scope 2 Emissions (tCO2e) Corporate Utility Usage and Waste† The following sets out our annual utility usage and waste for the years 2022 to 2024. Unit 2022 2023 2024 Electricity kWh 213,596 215,371 218,387 Steam lb 393,124 403,169 403,168 Chilled Water ton-h 27,513 32,388 28,447 Water m3 450 562 571 Waste kg 1,511 1,951 2,163 Corporate Scope 2 GHG Emissions* The production of GHGs associated with our energy usage and heating sources, comprised of electricity and steam, are indirect (Scope 2) emissions, which are set out in the adjacent chart. Our recent annual Scope 2 emissions remain slightly lower than pre-COVID levels, which is primarily due to our shift to remote and hybrid work arrangements since 2021. We have begun to see these emissions normalize as we have had increasing levels of in-office work since 2022. Commerce Court, North Tower (part of the building complex of our head office) Commerce Court West in Toronto 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