Table of Contents Message from our CEO 1 Report Highlights 2 About Franco-Nevada 3 Responsible Capital Allocation 4 Due Diligence Process 5 Ongoing Asset Management 7 Key Sustainability Factors 8 Health and Safety 9 Tailings Management 10 Communities and Indigenous Peoples 11 Water Management and Risk 12 Carbon Footprint 14 Biodiversity 16 Supply Chain 18 Community Contributions 19 Community Support 20 Industry and Other Support 22 Good Governance and Shareholder Alignment 23 Corporate Governance 24 Integrity and Compliance 25 Shareholder Alignment 26 Cyber and Technological Security 27 Diversity, Inclusion and Well-Being 28 Diversity and Inclusion 29 Employee Benefits and Well-Being 32 Health, Safety and Security 33 Human Rights, Non-Discrimination, Anti-Harassment and Equal Opportunity 34 Climate Action 35 Climate Action Priorities 36 Overall Carbon Footprint 37 Corporate Footprint 39 Investment Footprint 43 Transparency and Guiding Principles 44 ISSB, SASB, and GRI 45 UN Global Compact and SDGs 46 Responsible Gold Mining Principles 47 ESG Ratings and Recognition 49 About this Sustainability Report 50 Appendices 51 A: Key Sustainability Metrics and Performance 52 B: ISSB Sustainability Disclosure Standards 54 C: SASB Disclosure 70 D: GRI Index 73 E: Sustainable Development Goals 77 F: KPMG: Independent Limited Assurance Report 79 G: Carbon Neutral Initiative 80 Air quality monitoring station near Ring of Fire