Franco-Nevada is the leading gold-focused royalty and streaming company globally with the largest and most diversified portfolio of royalties and streams by commodity, geography, revenue type and stage of project.

Franco-Nevada’s shares are listed on the Toronto and New York stock exchanges under the symbol FNV. An investment in Franco-Nevada’s shares is expected to provide investors with yield and exposure to commodity price and exploration optionality while limiting exposure to cost inflation and other operating risks.

Our aspiration is to make Franco-Nevada the “go to” gold stock for the generalist investor. We believe that our emphasis on minimizing risk, paying dividends and maintaining a strong balance sheet along with high environmental, social and governance standards is attractive to generalist investors.

Our Approach

Franco-Nevada is committed to being the gold investment that works; for our shareholders, our operating partners and our communities.

Our Performance

Since our initial public offering over 13 years ago, our share price has outperformed the gold price and all relevant gold equity benchmarks.

Compounded Average Annual Total Returns since inception1

Our Track Record

Over the same timeframe, our margins have remained high and our overhead has remained low.

Our Dividend Policy

Our dividend policy is not tied to any financial metric or the gold price. Our objective is a sustainable and progressive dividend regardless of the gold price outlook and we have increased our dividend each of the last 14 years.

Environment, Social and Governance

Our commitment to ESG starts with our Board and carries through our organization and all aspects of our business. We are committed to diversity and inclusion and have a diversity goal of 40% diverse representation at the Board and top leadership levels by 2025. We are committed to responsible mining and energy extraction. We recognize our role as a capital allocator. ESG is a critical factor when we make investment decisions. Climate change is a significant risk to society and we recognize the need to reduce carbon intensive activities. As part of our ESG due diligence for our capital allocation decisions, we consider climate-related risks and the carbon footprint of the operation. We have played an active role through the World Gold Council developing the Responsible Gold Mining Principles and proactively engage with operators regarding adopting these or similar standards for responsible mining when negotiating our investments. We are committed to contributing to our communities, both through personal philanthropy and by actively engaging with our operators to make contributions in the communities in which our royalty and stream assets are located.

Additional information related to our ESG initiatives can be found under Environmental & Social Responsibility and a detailed description of Franco-Nevada’s investment process and a discussion of environmental, social and governance issues, including climate change, is contained in our 2021 Environmental, Social and Governance (ESG) Report.

Our Policies

Franco-Nevada has adopted policies relating to our business conduct, including the following: (i) code of business conduct and ethics, (ii) business integrity policy, (iii) whistleblower policy, (iv) policy concerning confidentiality, fair disclosure and trading in securities, (v) human rights policy, (vi) non-discrimination, anti-harassment and equal opportunity policy, (vii) diversity and inclusion policy, (viii) investment principles (environmental, social and governance) policy, (ix)responsible gold mining principles policy, (x) supplier code of conduct, (xi) corporate responsibility policy, (xii) health and safety policy, and (xiii) information security policy. Additional information relating to these and other policies can be found under Policies & Mandates and are also contained in our 2021 Environmental, Social and Governance (ESG) Report and our 2021 Notice and Management Information Circular.

Our Team

Franco-Nevada currently operates a small organization. As of March 18, 2021, Franco-Nevada has 35 full-time employees and 5 part-time contractors. As such, Franco-Nevada is dependent upon the continued availability and commitment of our key management, whose contributions to the immediate and future operations of Franco-Nevada are of significant importance. From time to time, we may also need to identify and retain additional skilled management and specialized technical personnel to efficiently operate our business.