Burkina Faso Stream Update
N E W S R E L E A S E
NEWS RELEASE
Toronto, June 16, 2026
Burkina Faso Stream Update
Franco-Nevada Corporation (“Franco-Nevada” or the “Company”) (TSX:FNV) (NYSE:FNV) is aware of a news release issued by
Riverstone Karma SA announcing a local court decision in Burkina Faso purporting to nullify the stream agreement related
to the Karma Mine.
The stream agreement is governed by Ontario law. Franco-Nevada believes the Burkina Faso judgement is not valid and is
seeking to have the judgement vacated. Franco-Nevada is also pursuing its own legal remedies in Ontario and elsewhere in
accordance with the dispute resolution provisions in the agreement against Riverstone Karma SA, its parent N éré Mining SA
and other relevant affiliates to protect its legal rights.
Corporate Summary
Franco-Nevada Corporation is the leading gold-focused royalty and streaming company with the largest and most diversified
portfolio of cash-flow producing assets. Its business model provides investors with gold price and exploration optionality
while limiting exposure to cost inflation. Franco-Nevada is debt-free and uses its free cash flow to expand its portfolio and
pay dividends. It trades under the symbol FNV on both the Toronto and New York stock exchanges. Franco -Nevada is the
gold investment that works.
For more information, please visit our website at www.franco-nevada.com or contact:
Paul Brink
President & CEO
416-306-6305
Forward-Looking Statements
This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities
laws and the United States Private Securities Litigation Reform Act of 1995, respectively. Such forward-looking statements reflect management’s
current beliefs and are based on information currently available to management. Franco-Nevada cannot assure investors that actual results will be
consistent with these forward-looking statements. Accordingly, investors should not place undue reliance on forward-looking statements due to the
inherent uncertainty therein.
The forward-looking statements herein are made as of the date hereof only and Franco-Nevada does not assume any obligation to update or revise
them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law.