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Investor Presentaiton

Franco-Nevada - Comprehensive Financing Package Franco-Nevada providing a $353 million full financing solution including Stream, Debt and Equity Franco Nevada O Leading gold-focused royalty and streaming company globally O Establishment of long-term partnership for future financings and acquisitions O Alignment with GMIN shareholders through 9.9% equity interest One of Franco-Nevada's largest gold streams on a primary gold mine $250 million Gold Stream $75 million Senior Term Loan $27.5 million Equity 12.5% of gold production over the life of mine Reduction to 7.5% after delivery of 300,000 ounces of gold Reserve life currently delivers ~229,000 ounces of gold (~75%) Facility assumes 3-5-year mine life extension using LOM averages Ongoing payments to GMIN of 20% of the spot gold price at delivery O Term: 6.0 years Availability Period: 3.5 years multi-draw facility at GMIN's discretion O Interest: SOFR(1) + 5.75% pre-project completion, reducing to SOFR +4.75% post completion O 2.0-year holiday with interest and fees accrued and capitalized O No mandatory hedging, production payments, or offtake required C$35.8 million investment to align interest with shareholders 44.7 million shares issued at C$0.80 O 11.5 million warrants issued as part of Term Loan with C$1.90 strike price (2) (138% premium to equity issuance price) and 5-year term O Pro-Forma Ownership: 9.9% basic | 11.1% fully diluted (1) Secured Overnight Financing Rate. (2) Exercise price equals the exercise price of the existing 37.5 million warrants issued as part of GMIN's September 2021 financing, the only currently outstanding warrants. TSXV:GMIN 8
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