FRANCO NEV CORP

Ticker: FNV CUSIP: 351858105 Class: Common Stock

K2 PRINCIPAL FUND, L.P.'s Holding History (CIK: 0001461790)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 12,500 Value ($000) $2,591 Avg Close $202.79 Range $181.50 - $225.64

Q3 2025

Shares 11,500 Value ($000) $2,563 Avg Close $180.19 Range $152.89 - $223.15

Q1 2025

Shares 12,000 Value ($000) $1,891 Avg Close $139.30 Range $118.28 - $159.01

Q1 2024

Shares 13,900 Value ($000) $1,656 Avg Close $108.28 Range $101.89 - $118.17

Q4 2023

Shares 7,600 Value ($000) $842 Avg Close $119.31 Range $100.56 - $139.75

Q4 2014

Shares 5,700 Value ($000) $280 Avg Close $44.81 Range $39.36 - $49.68

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	12,500	$2,591	$202.79	$181.50 - $225.64
Q3 2025	11,500	$2,563	$180.19	$152.89 - $223.15
Q1 2025	12,000	$1,891	$139.30	$118.28 - $159.01
Q1 2024	13,900	$1,656	$108.28	$101.89 - $118.17
Q4 2023	7,600	$842	$119.31	$100.56 - $139.75
Q4 2014	5,700	$280	$44.81	$39.36 - $49.68