Supply Chain Significant Providers 1 of Office Supplies in 2025 Sustainability-Related Initiatives, Plans, Targets & Commitments 2 § Certified B Corp™ since December 2023. § Commitment to sustainability through eco - friendly products, waste - reduction and zero - waste services, carbon - neutral deliveries supported by emissions offsets, a plastic recycling offset program with Plastic Bank, and a one - tree - per - order initiative that had resulted in over 200,000 trees planted as of December 2024, with continued reforestation efforts verified through its partnership with veritree. § Wastepaper packaging and recycling initiatives, and electronic product stewardship programs designed to support the collection, recycling and responsible end - of - life management of electronics and batteries. § Commitment to environmental conservation through initiatives such as the Clean Earth Campaign and its group - wide Environmental Charter, and has committed to achieving net - zero GHG emissions across its value chain by 2050, supported by science - based targets to reduce absolute Scope 1 and 2 emissions by 42% and Scope 3 emissions (categories 1 and 11) by 25% by 2030, from a 2022 baseline. § Focus on energy efficiency, responsible artificial intelligence practices, digital inclusion initiatives, and the cultivation of an inclusive and diverse workforce. § Commitment to becoming carbon negative by 2030, water positive by 2030, and zero waste by 2030, with a longer - term commitment to remove from the environment by 2050 all carbon emissions the company has emitted since its founding. Microsoft has also achieved matching 100% of its electricity consumption with renewable energy in 2025 and employs internal carbon pricing and climate innovation funding mechanisms to support emissions reductions across its operations and value chain. § Initiatives focused on reducing waste and packaging, protecting natural resources, and promoting a responsible and more diverse supply chain. § Commitment to achieving net - zero carbon emissions across its operations by 2040 under The Climate Pledge. Amazon has achieved its goal of matching 100% of the electricity consumed by its global operations with renewable energy ahead of its original 2030 target, and continues to invest in renewable energy, electrification of transportation and logistics, sustainable aviation fuel, and climate innovation through initiatives such as the Climate Pledge Fund. § Certified B Corp™ since April 2022. § SBTi - validated net - zero commitment, with approved near - term, FLAG and long - term targets across Scopes 1, 2 and 3, including a 75% reduction in Scope 3 FLAG emissions from green coffee by 2030 (2018 baseline) and a net - zero ambition by 2050, with acceleration to 2035 supported through regenerative agriculture and agroforestry under the AAA Sustainable Quality™ Program. We have a Supplier Code of Conduct, which sets out our expectations for organizations, including their employees and representatives, who supply goods and services to us (collectively, our “Suppliers”). The Supplier Code of Conduct is delivered to Suppliers and we require in our contractual arrangements that they comply with such code of conduct. Although Franco-Nevada has certain suppliers of office supplies for our corporate operations, most of our Suppliers are technical, ESG and other consultants who provide information and advice to our company to support and supplement our due diligence when evaluating royalty and stream opportunities. Suppliers are expected to: § Conduct their business activities in compliance with laws and standards in the jurisdictions in which they operate; § Prevent conflicts of interest with Franco-Nevada; § Employ individuals above the legal age of employment, not to use forced or slave labour, meet minimum wage requirements and not exceed working hour and day regulations; § Recognize freedom of association and the right to collective bargaining; § Refrain from discriminating against their employees; § Respect the dignity of their own employees and others, adhere to principles of diversity and maintain a respectful workplace; and § Afford equality of opportunity to all people. Suppliers are also encouraged to: § Reduce GHG emissions; § Preserve water and minimize water pollutants; § Maintain soil, biodiversity and ecosystem quality; § Reduce resource waste and foster optimal resource use; § Incorporate climate change risk assessment into their risk management procedures; and § Measure and publicly report on their climate change risk and environmental performance. In addition, in accordance with our Climate Action Policy (described on page 36), before transacting with any significant provider of goods for our corporate operations, we ensure that such supplier has commitments, plans, targets and initiatives aligned with net-zero emissions by 2050 or sooner. A failure by a Supplier to comply with our Supplier Code of Conduct may result in the termination of our relationship with that Supplier. To date, we have not identified any instances of non - compliance with the Supplier Code of Conduct through our assessment of Supplier performance under contractual arrangements, nor have we been made aware of any such non - compliance through third - party complaints. Accordingly, no corrective actions to address Supplier non - conformance were required during the reporting period or in prior reporting periods. This year marks our third year of reporting under Canada’s Fighting Against Forced Labour and Child Labour in Supply Chains Act . Our report outlines the steps we have taken during 2025 to prevent and reduce the risk that forced labour or child labour is used in our business or supply chain. A copy of our report is available on our website. Related Policies & Statements § Supplier Code of Conduct § Climate Action Policy § Fighting Against Forced Labour and Child Labour: Steps Taken by Franco-Nevada in 2025 1 "Significant provider" means a supplier of goods providing 10% or more of our office supplies (based on overall costs). 2 All information pertaining to initiatives, plans, targets and commitments in the table above has been sourced from the suppliers' public websites and other public disclosure documents, which information has not been independently verified by Franco-Nevada. Franco-Nevada Corporation 18