Diversity and Inclusion Policy We are committed to diversity among our employees, senior management ◊ and on our Board and have made meaningful progress over the past several years in strengthening our diversity practices and policies and increasing the representation of Diverse Persons* across the organization. Our Diversity and Inclusion Policy emphasizes all forms of diversity in identifying candidates to recommend for appointment or election to the Board and for appointment or promotion to senior management ◊ positions, with the objective of ensuring a broad and highly qualified pool of talent. Diverse candidates are required to be included in any search for new Board members and senior management ◊ positions, including for newly created roles and internal promotions. Following the company's 2026 annual meeting, key highlights regarding the diversity of our Board, senior management ◊ and workforce include: § Women will represent 33% of the Board, and Diverse Persons* will comprise 44% of total Board membership (or 37.5% and 50%, respectively, of independent directors). § Diverse Persons* will comprise 41% of the Board and senior management ◊ combined. § Diverse Persons* have consistently represented more than 60% of Franco - Nevada’s global workforce since 2020, reflecting broad diversity across the organization. Diversity and Inclusion * Diverse Persons include women, Black, Indigenous and other racial or ethnic minorities, individuals who identify as LGBTQ2S+ and people with disabilities. † Following the company's 2026 annual meeting, the number of directors is expected to be reduced to 9, and will be comprised of approximately 33% women and 44% Diverse Persons. ◊ Vice President and above. Legend Woman Diverse Person* Racial or Ethnic Minority ♀ ♀ Other Senior Management ◊ ♀ ♀ ♀ ♀ Board of Directors † ♀ ♀ ♀ ♀ ♀ ♀ Women Women Women Diverse Persons Diverse Persons Diverse Persons Racial or Ethnic Minorities Racial or Ethnic Minorities Racial or Ethnic Minorities 33.3 % 11.1 % 15.4 % 44.2 % 38.5 % 44.2 % 44.4 % 38.5 % 62.8 % Related Policies & Statements § Diversity and Inclusion Policy Global Workforce ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ ♀ Franco-Nevada Corporation 29