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Exhibit 2.01

Extractive Sector Transparency Measures Act - Annual Report

Reporting Entity Name

Franco-Nevada Corporation

Reporting Year

From

2024-01-01

To:

2024-12-31

Date submitted

2025-05-27

Graphic

Reporting Entity ESTMA Identification Number

E330301

Graphic

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

2025-05-27

Position Title

Chief Financial Officer

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

2024-01-01

To:

2024-12-31

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

$

560,000

$

560,000

1

Canada

Government of Saskatchewan

Ministry of Energy and Resources

$

540,000

$

1,810,000

$

2,350,000

1

Canada

Government of Canada

Canada Revenue Agency

$

500,000

$

500,000

1

United States of America

United States Federal Government

United States Department of the Interior Bureau of Land Management

$

260,000

$

260,000

2

United States of America

County of Glasscock

County Treasurer's Office

$

120,000

$

120,000

2

United States of America

County of Martin

County Treasurer's Office

$

110,000

$

110,000

2

United States of America

County of Midland

County Treasurer's Office

$

390,000

$

390,000

2

United States of America

County of Panola

County Treasurer's Office

$

2,130,000

$

2,130,000

2

United States of America

County of Reeves

County Treasurer's Office

$

410,000

$

410,000

2

Additional Notes:

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.

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 = $1.3698 CAD.

 

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

2024-01-01

To:

2024-12-31

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

$

170,000

$

$140,000

$

310,000

1

Canada

Weyburn Unit Working Interest

$

1,380,000

$

$1,670,000

$

3,050,000

1

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.