FRANCO NEVADA Corp

Franco-Nevada Corporation is addressing a local court decision in Burkina Faso that purports to nullify its stream agreement related to the Karma Mine. The company believes this judgment is invalid and is actively seeking to have it vacated. Franco-Nevada is also pursuing its own legal remedies in Ontario and other jurisdictions against Riverstone Karma SA, Néré Mining SA, and relevant affiliates to protect its legal rights, as the stream agreement is governed by Ontario law.

Franco-Nevada Corporation announced that all nine director nominees listed in the management proxy circular were elected at its Annual and Special Meeting of Shareholders held on May 12, 2026. Shareholders also reappointed PricewaterhouseCoopers LLP as auditors and approved the company's approach to executive compensation through a 'Say-on-Pay' advisory resolution. The meeting saw a strong shareholder turnout, with 81.54% of total issued and outstanding shares being voted.

Franco-Nevada reported record financial results for Q1 2026, driven by higher commodity prices, new asset contributions, a partial buy-back, and a tax refund. Revenue increased 77% to $650.7 million, and net income rose 123% to $468.6 million. The company also announced the appointment of Tom Albanese as the new independent non-executive Chair of its board of directors, succeeding David Harquail. Additionally, Franco-Nevada declared a quarterly dividend of $0.44 per share and provided updates on several portfolio additions and the Cobre Panam mine.

Franco-Nevada Corporation announced the publication of its 2026 Asset Handbook and 2026 Sustainability Report. The Asset Handbook provides detailed descriptions of the company's material assets, performance, outlook, and underlying Mineral Resources and Reserves, highlighting its diversified portfolio and strong growth outlook. The Sustainability Report outlines 2025 accomplishments and commitments in areas such as responsible capital allocation, community contributions, governance, diversity, climate action, and transparency, showcasing the company's leadership in sustainability.