Message FNV: TSX | NYSE from our CEO Guiding Principles ESG Ratings Responsible Gold Mining Principles Franco-Nevada We are a long-standing member of the World Gold Council (“WGC”) and, in 2012, led the establishment of the WGC’s new Conflict-Free Gold Standard to combat the potential misuse of mined gold to fund unlawful armed conflict. David Harquail, our Chair, was Chair of the WGC from 2017 to 2020. Paul Brink, our President and CEO, is currently a director of the WGC, serves on the WGC’s Compensation Committee and is a member of the WGC’s 247 Working Group focused on creating more open, inclusive and competitive gold markets. Franco-Nevada played a leading role at the WGC during the establishment of the RGMPs. Making Responsible In September 2019, we officially committed to the RGMPs. The RGMPs were established by the WGC as a framework that sets out clear standards as to what constitutes Investments responsible gold mining, incorporating ESG principles aligned with the expectations of governments, investors, employees and contractors, communities, supply chain partners and civil society. Guiding Principles The principles incorporate 51 separate ESG principles addressing the following 10 broad topics: Operators “Franco-Nevada Approach to played a leading Climate Change role at the WGC during the Contributions establishment of the RGMPs.” Employees Governance Commitment to RGMP Requirements As a royalty and stream company, we are committed to implement the RGMPs which require finance and capital providers to publicly endorse the RGMPs, use our best endeavours to encourage adoption of the RGMPs at all operations where we have influence, and, to the extent applicable, ensure conformance with the RGMPs for any gold mining operations over which we have direct control. About this In addition to endorsing and encouraging the adoption of the RGMPs in accordance with the RGMP guidelines, we are committed to expanding awareness and understanding ESG Report of the RGMPs with our investees, directors, officers, consultants, shareholders and other stakeholders. Appendices 13