Franco-Nevada Declares 19th Consecutive Annual Dividend Increase and Announces Chair Succession Plans

Dividend Announcement - Franco-Nevada Corporation has raised its quarterly dividend to US$0.44 per share, an increase of approximately 16% from the previous US$0.38 per share [1] - This marks the 19th consecutive annual increase for Franco-Nevada shareholders, with Canadian investors from the IPO in December 2007 now receiving an effective yield of 16.1% on their cost base [1] Board Succession Planning - David Harquail will be appointed as Chair Emeritus effective May 12, 2026, after serving as CEO and non-executive Chair, contributing to the company's strong shareholder value creation [2] - Tom Albanese is set to be appointed as the independent non-executive Chair of the board effective May 12, 2026, bringing extensive experience from previous CEO roles at Rio Tinto Plc. and Vedanta Resources Plc [3] Dividend Reinvestment Plan - The company offers a Dividend Reinvestment Plan (DRIP) allowing shareholders to reinvest dividends to purchase additional shares at a discount of 1% from the Average Market Price [5] - Participation in the DRIP is optional, and details are available on the company's website, with provisions for both Canadian and U.S. registered shareholders to enroll online [5] Corporate Overview - Franco-Nevada Corporation is a leading gold-focused royalty and streaming company with a diversified portfolio of cash-flow producing assets, operating debt-free and utilizing free cash flow for portfolio expansion and dividends [7] - The company trades under the symbol FNV on both the Toronto and New York stock exchanges, positioning itself as a viable gold investment option [7]