Message FNV: TSX | NYSE from our CEO APPENDIX CTCFD Disclosure ESG Ratings This year’s disclosure below and in parts of the ESG Report above (as referenced below) is our second consecutive year reporting in line with the Task Force on Climate- Franco-Nevada related Disclosures (“TCFD”). We continue to aim to provide increased transparency in our TCFD reporting. In early 2022, we conducted a gap analysis by reviewing our current climate strategy and TCFD disclosure contained in last year’s ESG Report in order to identify areas for improvement and to ensure we are aligned with TCFD recommendations and best practices. This process has resulted in several year-over-year improvements to our climate strategies and procedures as well as to our TCFD disclosure, which are described in this ESG Report. Making Responsible Governance Investments Our governance around climate-related risks and opportunities Guiding Principles Board Oversight Management’s Role The Board and its Committees provide oversight of our strategic approach to The Board and its Committees oversee senior management, who are responsible Operators climate change and our ESG risks, which includes climate-related risks and for the management of ESG and climate-related risks and for the execution of opportunities affecting our business. A number of our Board members have ESG and climate-related opportunities. Our Chief Executive Officer is responsible skills and competencies in climate-related matters, including David Harquail, for leadership on ESG and climate-related matters and our Chief Legal Officer has Approach to Tom Albanese, Derek Evans, Catharine Farrow, Maureen Jensen, and Elliott Pew. executive responsibility over such matters. Climate-related risks and opportunities Climate Change are overseen by the following members of our senior executive team having The following Committees of the Board have oversight of ESG and climate-related risks, stewardship over our organization’s units (including within our subsidiaries), each opportunities and disclosures, which are embedded in the Committees’ Charters: being responsible for implementing our ESG strategy and managing risks within their units: Contributions • Compensation and ESG Committee (“CESGC”): Our CESGC develops and recommends to the Board our approach to ESG issues, including climate- • Business Development (Senior Vice-President, Business Development) related issues, reviews the adequacy of our ESG practices and policies and • Diversified (Senior Vice-President, Diversified) recommends any changes to the Board, approves the adoption of any ESG- • Finance (Chief Financial Officer) Employees related standards or initiatives, adopts ESG-related corporate goals used to • Legal (Chief Legal Officer) evaluate management’s performance for executive compensation decisions and engages with our stakeholders in respect of ESG issues. Governance • Audit and Risk Committee (“ARC”): Our ARC oversees our risk management, including climate change risks. The Board and its Committees frequently meet with senior management to determine About this our strategy with respect to our risks and exposures. Most recently, in February 2021, ESG Report management met with the CESGC to discuss diversity and inclusion goals and targets for the company and, in November 2021, management met with the ARC to discuss ESG-related risks and strategy. Appendices 80