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FNV: TSX | NYSE 112 SASB Disclosure FN-AC-550a.2 Description of approach to incorporation of liquidity risk management programs into portfolio strategy and redemption risk management Whereas our company assesses liquidity risk of its portfolio as part of its enterprise risk management process, we are not an investment fund or brokerage and are not subject to FINRA, IIROC and related investment fund rules and requirements, including SEC Rule 22e-4. For this reason, redemption processes and redemption risk management are not applicable to our business and such information is not disclosed. For details regarding our financial risk management, including our processes and strategies in place for managing and mitigating financial, including liquidity, risks, please refer to Note 22 in our Audited Financial Statements for the year ended December 31, 2021, the Liquidity and Capital Resources section of our Management’s Discussion & Analysis for the year ended December 31, 2021 (page 25) and the Strategy and Risk Management section in our 2022 Management Information Circular (pages 43-44). FN-AC-550a.3 Total exposure to securities financing transactions Franco-Nevada does not have any off-balance sheet arrangements (nil) and does not have exposure to other securities financing transactions (nil) in accordance with U.S. Securities Financing Transactions Regulation (SFTR). FN-AC-550a.4 Net exposure to written credit derivatives Franco-Nevada does not have exposure (nil) to written credit derivatives. Please refer to Note 2(h) in our Audited Financial Statements for the year ended December 31, 2021 for a description of our financial instruments.

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