NEWS RELEASE

Toronto, March 19, 2021

Franco-Nevada Files Year-End Disclosure Documents and Provides Details on Upcoming Virtual Analyst Day

Franco-Nevada Corporation announced that its Annual Information Form, Consolidated Annual Financial Statements and Management's Discussion and Analysis for the year ended December 31, 2020 have been filed with Canadian securities regulatory authorities. Franco-Nevada has also filed its Form 40-F for the year ended December 31, 2020 with the U.S. Securities and Exchange Commission. Copies of these documents may be obtained viawww.sedar.com orwww.sec.gov (for the Form 40-F).

Shareholders may also receive a copy of these documents without charge upon request to Franco-Nevada's Investor Relations Department, 199 Bay Street, Suite 2000, P.O. Box 285, Commerce Court Postal Station, Toronto, Ontario, Canada M5L 1G9 or toinfo@franco-nevada.com.

Details for Virtual Analyst Day

Franco-Nevada's management team will host a Virtual Analyst Day webcast, April 15, 2021 from 10:00 am ET to 12:00 pm ET to review its assets and to announce the release of the 2021 Asset Handbook and 2021 Environment, Social and Governance Report (ESG Report). Interested analysts and investors are invited to participate as follows:

Virtual Analyst Day Webcast:

April 15th at 10:00 am ET to 12:00 pm ET

Dial-in Numbers:

North American Toll Free: 1-888-390-0546

Local and International: 416-764-8688

Webcast URL:

www.franco-nevada.com

Replay (available until April 22nd):

North American Toll Free: 1-888-390-0541

Local and International: 416-764-8677

Pass code: 475883 #

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 many of the risks of operating companies. 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 atwww.franco-nevada.com or contact:

Candida Hayden

Corporate Affairs 416-306-6323info@franco-nevada.com

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Disclaimer

Franco-Nevada Corporation published this content on 19 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 March 2021 11:10:05 UTC.