FNV: TSX | NYSE 116 UN Global Compact: Communication on Progress Environment PRINCIPLES Principle 7: Businesses should support a precautionary approach to environmental challenges; Principle 8: Undertake initiatives to promote greater environmental responsibility; and Principle 9: Encourage the development and diffusion of environmentally friendly technologies. POLICIES • Investment Principles Policy (Environmental, Social and Governance) • Supplier Code of Conduct DESCRIPTION OF ACTIONS IN 2021 • Further strengthened our climate disclosure and increased transparency in our environmental reporting, including the inclusion of TCFD and SASB-aligned reporting • Increased involvement in various environmental and community initiatives, including our commitment to fund Continental Resources solar-powered water recycling project in Oklahoma • When making investments, we conducted thorough environmental due diligence and we enhanced our environmental due diligence capabilities through our subscription to McKinsey MineSpans • We ensured that all of our consultants and service providers agreed to comply with our Supplier Code of Conduct, which sets out our standards relating to environmental matters MEASUREMENT OF OUTCOMES IN 2021 • Second consecutive year of environmental reporting aligned with TCFD and SASB frameworks (see Appendices C and D of this ESG Report) • Our Scope 2 GHG emissions, Scope 3 GHG emissions and total GHG emissions were reduced year-over-year (see pages 32-33 of this ESG Report) • Relied upon notice-and-access (paperless) delivery procedures for certain materials sent to our shareholders and reduced the size and weight of the paper for our management information circular (see page 31 of this ESG Report) • There were no environmental fines, litigation or liabilities relating to our workplace (see Appendix A of this ESG Report) • There were no noted or reported environmental incidents relating to our suppliers (see Appendix A of this ESG Report) Progress on the Ten Principles in 2021
2022 ESG Report | Franco-Nevada Page 115 Page 117