Franco-Nevada Announces Election of Directors

FNV

www.franco-nevada.com

Press Release

Franco-Nevada Announces Election of Directors

TORONTO, May 8, 2014 - Franco-Nevada Corporation (TSX: FNV; NYSE: FNV) announced that the nominees listed in the management proxy circular for the 2014 Annual and Special Meeting of Shareholders were elected as directors of the Corporation. Detailed results of the vote for the election of directors held at the Annual Meeting yesterday in Toronto are set out below.

Nominee Votes For % For Votes Withheld % Withheld 110,257,827 98.06% 2,183,604 1.94% Pierre Lassonde 110,852,872 98.59% 1,588,560 1.41% David Harquail 109,436,003 97.33% 3,005,428 2.67% Tom Albanese 111,458,934 99.13% 982,498 0.87% Derek Evans 110,823,963 98.56% 1,617,468 1.44% Graham Farquharson 111,037,932 98.75% 1,403,500 1.25% Louis Gignac 96,377,051 85.71% 16,064,380 14.29% Randall Oliphant 106,462,106 94.68% 5,979,325 5.32% The Hon. David Peterson

Corporate Summary Franco-Nevada is a gold-focused royalty and stream company. The Company has a diversified portfolio of cash-flow producing assets and interests in some of the largest development projects in the world. Its business model provides investors with exploration optionality while limiting exposure to operating and capital cost risks. Franco-Nevada has substantial cash with no debt and is generating cash flow from its portfolio that is being used to expand its portfolio and pay dividends. Franco-Nevada’s common shares trade under the symbol FNV on both the Toronto and New York stock exchanges.

For more information, please go to our website at www.franco-nevada.com or contact:

Stefan Axell Sandip Rana Manager, Investor Relations Chief Financial Officer 416-306-6328 416-306-6303 [email protected]