Franco-Nevada (FNV) Registration filing summary

Company overview and business model

• Operates as a gold-focused royalty and streaming company with a diversified portfolio of cash-flow producing assets.

• Generates revenue from royalties, streams, and other agreements without operating mines or conducting exploration.

• Maintains a free cash flow business model with limited capital requirements beyond initial commitments.

• Focuses on long-term portfolio growth and exposure to commodity price optionality.

• Assets include interests in gold, precious metals, other metals, and energy, with a strategy to minimize financial risk.

Financial performance and metrics

• Financial statements are prepared in accordance with IFRS Accounting Standards and reported in U.S. dollars.

• Short-term results are tied to commodity prices and production volumes; long-term results depend on asset expansion and development.

• Recent average commodity prices and exchange rates are disclosed, reflecting exposure to market fluctuations.

• No material changes in share or loan capital since the most recent interim financial statements.

Use of proceeds and capital allocation

• Use of proceeds from each offering will be detailed in the applicable Prospectus Supplement.

• Offering expenses and compensation to underwriters or agents will be paid from offering proceeds or general funds.