140 FNV TSX NYSE Franco-Nevada’s asset portfolio is comprised of a large variety of properties and operations with a range of projected production profiles. The chart (opposite) provides an estimated mine life index for some of the producing and advanced assets with published Mineral Reserve and Mineral Resource estimates. For each asset, management has estimated a mine life index by dividing the Proven and Probable Mineral Reserves as well as the Measured and Indicated Mineral Resources (inclusive of Mineral Reserves) by management’s best estimate of the average annual forward looking production. Franco-Nevada has not included any Inferred Mineral Resources in the analysis. This metric is to provide investors and analysts with an indication of the potential for the assets in which Franco-Nevada has interests and should not be viewed as a definitive mine life estimate. In an effort to provide a more accurate picture for the mine life index of the overall portfolio, Franco-Nevada has divided its total M&I Royalty Ounces (inclusive of Mineral Reserves) by the midpoint of its 2022 Precious Metal and Diversified Mining production guidance. The average mine life index of the mining portfolio using this methodology is approximately 32 years. We do not have published reserves for our Energy assets and have not included them in this analysis. Nonetheless, our significant producing energy assets in Canada and the U.S. have long lives and are expected to generate revenue to Franco-Nevada for several decades. MINE LIFE INDEX Additional Information ADDITIONAL INFORMATION 2022 ASSET HANDBOOK Antapaccay mill, Peru