2022 ASSET HANDBOOK 70 FNV TSX NYSE Vancouver Km 0 2 British Columbia Stewart Brucejack Property Brucejack Property Brucejack Lake West Zone Gossan Hill Zone Hanging Glacier Zone Bonanza Zone Flow Dome Zone Bridge Zone Shore Zone Golden Marmot Zone SG Zone Snowfield Brucejack Mine Valley of the Kings Brucejack Project Royalty Area 1.2% NSR Covered by Royalty Not Covered by Royalty 2021 2020 2019 Revenue to Franco-Nevada ($ million) $ 7.0 $ 7.2 $ 5.6 P&P Reserves (koz Au) 1, 2 3,900 4,200 6,400 M&I Resource (koz Au) 1, 2 7,200 7,600 8,500 Inferred Resource (koz Au) 1, 2 3,100 3,100 3,000 P&P Royalty Ounces (000s) 2, 3 47 50 77 M&I Royalty Ounces (000s) 1, 2, 3 86 91 102 Inf Royalty Ounces (000s) 2, 3 37 37 36 1 Please r efer to the tables on pages 128-136 for a breakout of grade and tonnages by Mineral Resource category; all M&I categories are inclusive of Mineral Reserves 2 Does not include silver Miner al Reserves or Mineral Resources 3 For Ro yalty Ounce calculation, Franco-Nevada estimates that 100% of the remaining Mineral Reserves and Mineral Resources are subject to our royalty interest and estimates a rate of 1.2% is applicable Brucejack Au & Ag British Columbia, Canada Operator: Newcrest Mining Limited Royalty: NSR: 1.2% Precious Metals In May 2013, Franco-Nevada purchased an existing 1.2% NSR royalty covering Pretium Resources Inc.’s (“Pretium”) Brucejack gold project in northwestern British Columbia. The project includes two principal deposits, the Valley of the Kings and the West Zone. In November 2021, Newcrest Mining Limited (“Newcrest”) agreed to acquire Pretium and, on March 9, 2022, the acquisition was completed. Pr etium poured first gold from the Brucejack project in June 2017 and achieved commercial production in July 2017. Brucejack produced 347,743 ounces of gold in 2020 and Pretium was guiding towards 325,000 to 365,000 ounces of gold for 2021. Newcrest is expecting Brucejack to add approximately 370,000 ounces of gold to its portfolio in 2022. Pr etium released an updated Mineral Resource and Reserve estimate and an accompanying life of mine plan at the end of March 2020. Pretium’s guidance at the time stated a life of mine average annual gold production of approximately 311,000 ounces of gold with a 13-year mine life. Continued e xploration is expected to focus on expanding the current Mineral Resource and Mineral Reserve at the Valley of the Kings, targeting zones at depth, to the east, west and north-east. Areas at depth below, to the east and to the north-east of the currently defined Mineral Resource are considered highly prospective for additional Mineral Resource expansion. Near-mine exploration targets on royalty ground outside of the West Zone include the Bridge Zone, Shore Zone, Gossan Hill Zone, SG Zone, Bonanza Zone and the western portion of the Flow Dome Zone. The easternmost portion of the PRECIOUS METALS Canada Flow Dome Zone, east of the Valley of the Kings, is not covered on royalty ground. The Golden Marmot and Hanging Glacier Zones, north of the Valley of the Kings, are covered on royalty ground. In Q3 2021, Pretium released new high-grade mineralization results from the Golden Marmot Zone with 72.5 g/t Au over 53.5 meters. In December 2020, Pretium sold the Snowfield property (not on royalty ground) to a subsidiary of Seabridge Gold Inc. New operator focused on growth Definition drilling and near-mine exploration programs Golden Marmot and Hanging Glacier discoveries on royalty ground Brucejack, British Columbia