Message FNV: TSX | NYSE from our CEO Governance ESG Ratings Responsible Supply Chain Franco-Nevada We have a Supplier Code of Conduct, which sets out our expectations for organizations, including their employees and representatives (collectively, our “Suppliers”), who supply goods and services to us. The Supplier Code of Conduct is to be delivered to Suppliers upon commencement of their arrangements with our company. Suppliers are expected to: Suppliers are also encouraged, where applicable, to: Making Responsible • Conduct their business activities in compliance with laws and standards in • Reduce greenhouse gas emissions; Investments the jurisdictions in which they operate; • Preserve water and minimize water pollutants; • Prevent conflicts of interest with Franco-Nevada; • Maintain soil, biodiversity and ecosystem quality; Guiding Principles • Employ individuals above the legal age of employment, not to use forced or slave • Reduce resource waste and foster optimal resource use; labour, meet minimum wage requirements and not exceed working hour and • Incorporate climate change risk assessment into their risk management day regulations; procedures; and • Recognize freedom of association and the right to collective bargaining; • Measure and publicly report on their climate change risk and Operators • Refrain from discriminating against their employees; environmental performance. • Respect the dignity of their own employees and others, adhere to principles of diversity and maintain a respectful workplace; and Failure of any of our Suppliers to comply with our Supplier Code of Conduct may Approach to • Afford equality of opportunity to all people. result in the termination of our relationship with the Supplier. To date, we have not Climate Change been aware of any such failure by our Suppliers to comply with our Supplier Code of Conduct. Contributions Employees Governance About this ESG Report Appendices Franco-Nevada opening the TSX in December 2017 59