Franco-Nevada Corporation

Exhibit 2.01

UNCLASSIFIED - NON CLASSIFIÉ

Extractive Sector Transparency Measures Act - Annual Report
Reporting Entity Name	Franco-Nevada Corporation

Reporting Year	From	2025-01-01	To:	2025-12-31	Date submitted	2026-05-28

Reporting Entity ESTMA Identification Number	E330301

Other Subsidiaries Included (optional field)	Not Applicable

Not Consolidated

Not Substituted

Attestation by Reporting Entity

In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.

Full Name of Director or Officer of Reporting Entity	Sandip Rana				Date	2026-05-28
Position Title	Chief Financial Officer				Date	2026-05-28

UNCLASSIFIED - NON CLASSIFIÉ

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

2025-01-01

To:

2025-12-31

Reporting Entity Name

Franco-Nevada Corporation

Currency of the Report

CAD

Reporting Entity ESTMA

Identification Number

E330301

Subsidiary Reporting Entities (if necessary)

Payments by Payee

Country

Payee Name¹

Departments, Agency, etc…

within Payee that Received

Payments²

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure

Improvement

Payments

Total Amount paid

to Payee

Notes³⁴

Canada

Government of Saskatchewan

Ministry of Finance

530,000

530,000

Canada

Government of Saskatchewan

Ministry of Energy and Resources

510,000

1,640,000

2,150,000

Canada

Government of Canada

Canada Revenue Agency

360,000

360,000

United States of America

United States Federal Government

United States Department of the Interior Bureau of Land Management

260,000

260,000

United States of America

County of Glasscock

County Treasurer's Office

100,000

100,000

United States of America

County of Martin

County Treasurer's Office

340,000

340,000

United States of America

County of Midland

County Treasurer's Office

280,000

280,000

United States of America

County of Reeves

County Treasurer's Office

340,000

340,000

United States of America

County of Winkler-Loving

County Treasurer's Office

240,000

240,000

Additional Notes:

1 Payments reported reflect gross payments made directly by Franco-Nevada in relation to its non-operated working interest in the Midale unit and Weyburn unit joint operations. Payments made by the operator on behalf of Franco-Nevada are reported by the operator.

2 All payments are reported in Canadian dollars. Where payments were made in currencies other than Canadian dollars, the payments were converted into Canadian dollars using an annual average exchange rate. The annual average exchange rate used was: $1.00 USD = $1.3978 CAD.

UNCLASSIFIED - NON CLASSIFIÉ


Extractive Sector Transparency Measures Act - Annual Report
Reporting Year	From:	2025-01-01	To:	2025-12-31
Reporting Entity Name	Franco-Nevada Corporation				Currency of the Report	CAD
Reporting Entity ESTMA Identification Number	E330301
Subsidiary Reporting Entities (if necessary)
Payments by Project

Country

Project Name¹

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid by Project

Notes²³

Canada

Midale Unit Working Interest

190,000

$180,000

370,000

Canada

Weyburn Unit Working Interest

1,180,000

$1,460,000

2,640,000


Additional Notes³:	1 Payments reported reflect gross payments made directly by Franco-Nevada in relation to its non-operated working interest in the Midale unit and Weyburn unit joint operations. Payments made by the operator on behalf of Franco-Nevada are reported by the operator.