Message FNV: TSX | NYSE from our CEO APPENDIX DSASB Disclosure ESG Ratings Franco-Nevada In the continuously evolving ESG landscape, we are committed to providing transparency in our sustainability reporting by providing meaningful information to our shareholders and continuing to enhance our disclosure, including with the following, which is our company’s first effort to align to the Sustainability Accounting Standards Board (“SASB”) framework. Making Responsible SASB created the Sustainable Industry Classification System® (SICS®) to group like companies based on their sustainability-related Investments risks and opportunities. As of the date of this ESG Report, Franco-Nevada is classified in the “Financials” Primary SICS Sector and the “Asset Management & Custody Activities” Primary SICS Industry. While the SICS “Extractives & Minerals Processing” classification Guiding Principles may appear to be appropriate, its accounting metrics are geared towards mining and energy operators and producers and not royalty and streaming companies that are not involved in operations. The “Asset Management & Custody Activities” assigned classification is, in our view, the most appropriate for our business model of the available SICS sectors and industries. Notwithstanding, certain SASB accounting metrics applicable to investment managers, dealers, brokers and custodians are not applicable to Franco-Nevada’s business Operators as a royalty and streaming company. In accordance with SASB’s “report or explain” framework, we have endeavoured to explain why certain standards are not applicable to our company and information has been modified or omitted. We have reached out to SASB to discuss the possibility of a more appropriate SICS industry and set of standards applicable to royalty and streaming companies and hope to make meaningful progress on this initiative in the near term. Approach to All disclosure included or referenced below is being provided for Franco-Nevada Corporation and our subsidiaries (collectively, “we”, “us”, “our”, “Franco-Nevada”, Climate Change or the “Company”). Such information is as of, or for the year-ended December 31, 2021 unless otherwise noted. The inclusion of information contained in this disclosure should not be construed as a characterization regarding the materiality or financial impact of that information. Contributions Employees In the continuously evolving ESG landscape, we remain committed to providing transparency in our sustainability reporting by providing meaningful information to our shareholders and continuing to enhance our disclosure, including with the Governance following, which is our company’s second consecutive year of disclosure aligned with the Sustainability Accounting Standards Board framework. About this ESG Report Appendices 104