FNV: TSX | NYSE 85 TCFD Disclosure Description of Physical Risks Potential Financial Impact for: Our Operators Our Company BY JURISDICTION (continued) PERU • Temperatures are projected to rise in Peru, creating an increased risk of extreme heat, while increased rainfall also raises the risk of flooding, landslides and storms • The impact of climate change on precipitation rates is expected to vary considerably across Peru • Glacial retreat is occurring at an accelerated rate in Peru, increasing the risk of floods and landslides • Climate change could exacerbate existing water stress, creating challenges for mining operations Main risks : Health and safety of employees; social license to operate given water scarcity issues caused by extreme heat and droughts Financial impacts to operations : Reduction in revenue due to production delays; increased operational costs (i.e. repairs to operations, energy costs) Revenue could be impacted in the short, medium or long-term due to interruptions to production caused by physical climate hazards. Risk of stranded Assets : Low PANAMA • Panama’s vulnerability to droughts and tropical storms is expected to increase as climate change impacts the El Niño/La Niña phenomenon • Episodes of extreme heat and the occurrence of wildfires are projected to rise, increasing health and safety risks • Flooding and landslides could pose a significant risk, but the impact of climate change on these hazards is uncertain Main risks : Health and safety of employees, damage to infrastructure; supply chain disruptions Financial impacts to operations : Reduction in revenue due to production delays; increased operational costs (i.e. repairs to operations, energy costs) Revenue could be impacted in the short, medium or long-term due to interruptions to production caused by physical climate hazards. Risk of stranded Assets : Medium NORTHERN ONTARIO • Episodes of extreme heat, wildfires, water stress and drought are projected to increase • Rising temperatures in Ontario will reduce the risk of extreme cold • Changes to precipitation levels are expected, but the possible impacts on mining operations appear limited Main risks: Health and safety of employees; damage to infrastructure; supply chain disruptions Financial impacts to operations: Reduction in revenue due to production delays; increased operational costs (i.e. repairs to operations, energy costs) Revenue could be impacted in the short, medium or long-term due to interruptions to production caused by physical climate hazards. Risk of stranded Assets : Low