Franco-Nevada (FNV) AGM 2025 summary

Opening remarks and agenda

• Chair welcomed attendees to the 18th AGM, introduced the board, and outlined the meeting's hybrid format and agenda.

• Over 80% of shareholder votes were received by proxy, and feedback on hybrid vs. virtual meetings was solicited.

• All directors and key executives were introduced, and the meeting was declared properly constituted with a quorum present.

Board and executive committee updates

• Daniel Malchuk was introduced as a new board nominee, standing for election for the first time.

• The board and management team emphasized alignment through significant share ownership and highlighted top governance ratings.

Overview of voting outcomes

• All motions, including director elections, auditor appointment, and say-on-pay advisory resolution, were carried by the votes cast.

• Final voting results were reported on SEDAR, and the newly elected directors were congratulated.