[Page 1]
Franco-Nevada Corporation v. Republic of Panama
(ICSID Case No. ARB/24/26)
Procedural Order No. 1 – Annex B (Amended)
| Description | Party/Tribunal | Period | Dates |
|---|---|---|---|
| First Session | All | N/A | 5 February 2025 |
| Memorial | Claimant | +135 days | 20 June 2025 |
| Counter-Memorial and Memorial on Jurisdiction (if any) |
Respondent | +132 days | 30 October 2025 |
| Mid-Stream Conference |
All | 15 December 2025 | |
| Exchange of Document Requests |
Both Parties | +25 days | 24 November 2025 |
| Exchange of Responses and Objections to Disputed Requests |
Both Parties | +14 days | 8 December 2025 |
| Production of Documents Responsive to Undisputed Document Requests (if any) |
Both Parties | +21 days | 29 December 2025 |
| Submission of Replies to Production Responses and Objections |
Both Parties | Same | 29 December 2025 |
| Submission of Comments to the Replies to Production Responses and Objections |
Both Parties | +10 days | 9 January 2026 |
| Ruling on Disputed Document Requests (if any) |
Tribunal | +14 days | 23 January 2026 |
¹ Amended on June 16, 2025
[Page 2]
| Description | Party/Tribunal | Period | Dates |
|---|---|---|---|
| Completion of Document Production |
Both Parties | +21 days | 14 February 2026 |
| Reply and Counter- Memorial on Jurisdiction (if any) |
Claimant | +27 days (+130 days from Respondent’s Counter-Memorial) |
13 March 2026 |
| Rejoinder and Reply on Jurisdiction (if any) |
Respondent | +112 days | 3 July2026 |
| Rejoinder on Jurisdiction (if any) |
Claimant | +45 days | 17 August 2026 |
| Inter Partes Notification of Witnesses/Experts to be Called at the Hearing for Cross Examination |
Both Parties | at least -40 days from hearing |
by 24 August 2026 |
| Parties’ Notification to Tribunal of Witnesses/Experts to be Called |
Both Parties | at least -35 days from hearing |
by 28 August 2026 |
| Tribunal Notification of Additional Witnesses/Experts to be Called (if any) |
Tribunal | +7 days | by 4 September 2026 |
| Pre-Hearing Meeting | All | 4 weeks before hearing | 7 September 2026 |
| Submission of Hearing Bundle |
Both Parties | +7 days | TBD |
| Hearing | All | N/A | 5 to 16 October 2026 |
| Submission of Corrections to Hearing Transcripts (if any) |
Both Parties | +35 days | 20 November 2026 |
| Exchange of Post- Hearing Briefs (if any) |
Both Parties | TBD | TBD |
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| Description | Party/Tribunal | Period | Dates |
|---|---|---|---|
| Exchange of Submissions on Costs |
Both Parties | TBD | TBD |