2 0 1 6 ▪ Hired and promoted two women, including one from a racial or ethnic minority, to senior positions 2019 ▪ Second female Board member (22% women) 2 0 2 0 ▪ Third female Board member (27% women) ▪ Promoted a female member of a racial or ethnic minority to senior management ◊ in Barbados and promoted a male member of a racial or ethnic minority to senior management ◊ in Toronto ▪ Signed the BlackNorth Initiative pledge to combat anti-Black systemic racism 2 0 2 1 ▪ 30% women Board members ▪ Awarded the first Franco-Nevada scholarship to a Diverse Person* in a mining-related field of study ▪ Established Franco-Nevada Diversity Committee ▪ Promoted a female member of a racial or ethnic minority to senior management ◊ in Toronto 2 0 2 2 ▪ Hired a male member of a racial or ethnic minority to senior management ◊ in Toronto ▪ Expanded our scholarship program, awarding four scholarships to Diverse Persons* in mining-related fields of study ▪ First year contributing to various Canadian charitable organizations in support of our BlackNorth Initiative pledge 2 023 ▪ 40% Diverse Persons* at the Board and senior management ◊ level (as a group) ▪ Further expanded our scholarship program, awarding five scholarships to Diverse Persons* in mining-related fields of study 2 024 ▪ Continued growth of our scholarship program, awarding four new scholarships to Diverse Persons* in mining-related fields of study, increasing our total number of active scholarships to twelve ▪ Five of the six new hires during the year were Diverse Persons* ▪ Two of the three internal promotions during the year were Diverse Persons*, including one female and one female member of a racial or ethnic minority 2015 ▪ First female Board member (11% women) 2025 ▪ Appointed a Latin American director, resulting in 40% Diverse Persons* representation on the Board and 50% of independent directors ▪ Four of the five new hires during the year were Diverse Persons* ▪ Awarded four new scholarships to Diverse Persons* in mining-related fields of study, increasing the total number of active scholarships in our program to fifteen 2026 ▪ Following the company's 2026 annual meeting, women will represent 33% of the Board, and Diverse Persons* will represent 44% of total Board membership (or 37.5% and 50% of independent directors, respectively) Roadmap of Our Key Diversity and Inclusion Milestones Franco-Nevada Corporation * Diverse Persons include women, Black, Indigenous and other racial or ethnic minorities, individuals who identify as LGBTQ2S+ and people with disabilities. ◊ Vice President and above. 30
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