FNV: TSX | NYSE 15 Responsible Gold Mining Principles (continued) Guiding Principles RGMP Policy Measures Description of Implementation Contractual Provisions . Franco-Nevada will endeavour to negotiate appropriate contractual provisions when making new investments with a view to having gold miners (“Gold Miners”) use commercially reasonable efforts to adopt (or to continue to adopt and implement) the RGMPs and to ensure that the Gold Miners provide sufficient transparency to facilitate Franco-Nevada’s assessment of the compliance by the Gold Miners with any agreed contractual provisions.** In the one new instance where we contracted with a Gold Miner in 2021, we corresponded with the Gold Miner with respect to the inclusion of RGMP-related contractual provisions in our royalty agreement and such Gold Miner provided a reasonable explanation for why such provisions were premature for their company at such time. Monitoring . After each new royalty or stream acquisition in respect of a mining operation, Franco-Nevada will monitor whether the miner has adopted the RGMPs, the stage of implementation of and conformance with the RGMPs, and any material issues disclosed by the miner regarding such implementation and conformance.** In our internal asset summaries for all new mining royalty or stream acquisitions made in 2021 (irrespective of whether such acquisitions related to gold or other mining operations), we have recorded whether the applicable miner is a WGC member and, if so, whether such miner has adopted the RGMPs and the stage of implementation of and conformance with the RGMPs. Transparency . On an annual basis, Franco-Nevada will publicly report on the status of its conformance to its RGMP commitments and the measures described in our RGMP Policy. This segment of our ESG Report comprises our reporting in relation to our RGMP Policy implementation. * This RGMP Policy Measure was updated in 2021. ** RGMP Policy Measures newly implemented in 2021. Assurance Statement Franco-Nevada engaged the services of an assurance provider, KPMG LLP (“KPMG”), to provide limited assurance on our description of implementation against specific RGMP Policy measures set out in the table above. KPMG’s Independent Limited Assurance Report is included in Appendix F to this ESG Report. World Gold Council board members celebrating the launch of the Responsible Gold Mining Principles, Colorado, September 2019. David Harquail, who was then Chair of the World Gold Council, seated third from left.
2022 ESG Report | Franco-Nevada Page 14 Page 16