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Franco-Nevada Announces Election of Directors Franco-Nevada Corporation announced that the nominees listed in the manage ment proxy circular for the 2022 Annual and Special Meeting of Shareholders were elected as directors of the Corporation. Detailed results of the vote for the election of

Management Changes Shareholder Meetings

NEWS RELEASE

Toronto, May 5, 2022

Franco-Nevada Announces Election of Directors

Franco-Nevada Corporation announced that the nominees listed in the manage ment proxy circular for the 2022 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 person and by webcast are set out below.

Nominee Votes For % For Votes Withheld % Withheld

David Harquail 142,811,192 95.54% 6,665,241 4.46%

Paul Brink 148,454,011 99.32% 1,022,422 0.68%

Tom Albanese 149,164,622 99.79% 311,811 0.21%

Derek W. Evans 137,580,040 92.04% 11,895,193 7.96%

Dr. Catharine Farrow 144,777,230 96.86% 4,699,203 3.14%

Louis Gignac 135,256,373 90.49% 14,220,060 9.51%

Maureen Jensen 146,451,261 97.98% 3,025,172 2.02%

Jennifer Maki 147,907,396 98.95% 1,569,037 1.05%

Randall Oliphant 142,937,026 95.63% 6,539,407 4.37%

Elliott Pew 149,241,456 99.84% 234,977 0.16%

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 go to our website at www.franco-nevada.com or contact:

Sandip Rana

Chief Financial Officer

416-306-6303

[email protected]