1 1 6 Elliott Pew (1) Elliott Pew is a director of Franco-Nevada. He has over 40 years of diverse experience in the oil and gas industry. Previously, Mr. Pew served as Board Chair and a Member of the Audit and Risk Committee of Enerplus Corporation, as a director of Southwestern Energy Company, and as co-founder, executive and member of the board of managers of Common Resources I, II and III (private E&P). Prior to that, Mr. Pew held senior executive positions with Newfield Exploration Company in Houston and was Senior Vice President, Exploration of American Exploration Company. He holds an M.A. in Geology from the University of Texas at Austin and an A.B. in Geology from Franklin and Marshall College and is a member of the ICD and NACD. Boerne, TX, USA Securities Held Director Since: At-Risk Value of At-Risk Value of Sep 9, 2019 Common Common Shares Common Shares, Age: 67 Shares (2) DSUs (3) and DSUs (4) Options (5) DSUs and Options (6) Nil 3,821 C$760,341 Nil C$760,341 Board and Committee Positions Membership and Attendance Independent Member of the Board Board Meetings Attended in 2021: 6 of 6 - 100% Committee Memberships: ARC (13) ARC Meetings Attended in 2021: 3 of 3 - 100% (13) Mr. Pew regularly attends CESGC meetings. Annual and Special Meeting Voting Results Votes in Favour Votes Withheld 2021 123,423,426 (99.94%) 78,674 (0.06%) 2020 143,081,000 (99.53%) 671,857 (0.47%) Current Other Public Board Memberships Current Committee Memberships on Other Public Boards None None Notes (1) Additional information is provided in the “Statement of Governance Practices – Nomination of Directors” section of this Circular, which contains a “skills matrix” highlighting individual director skills. (2) The information as to the number of common shares of the Corporation and any of its subsidiaries beneficially owned, or over which control or direction is exercised, directly or indirectly, by each proposed director, including those that are not registered in the name of such director and not being within the knowledge of the Corporation, has been furnished by the respective director. (3) Non-employee directors are eligible to participate in the Corporation’s deferred share unit plan and receive DSUs thereunder. The CEO, as an employee director, is eligible to participate in the Corporation’s share compensation plan and receive RSUs thereunder. For additional information regarding these plans, please see “Deferred Share Unit Plan” in this section and “Other Information – 2018 Share Compensation Plan Summary”. Fractional DSUs have been rounded. (4) Calculated as of March 21, 2022 using the closing price of the common shares on the TSX of C$198.99 per share. (5) For additional information regarding options held by directors, please see “Director Compensation” below. (6) Calculated as of March 21, 2022 using the closing price of the common shares on the TSX of C$198.99 per share, less the applicable exercise price for options. (7) Comprised of 5,800 performance-based RSUs and 1,933 time-based RSUs for Mr. Harquail which were awarded to Mr. Harquail during his tenure as CEO and prior to the date of his appointment as Chair. (8) Comprised of 21,494 performance-based RSUs and 8,580 time-based RSUs for Mr. Brink. See “Statement of Executive Compensation”. (9) Mr. Evans ceased serving as a member of the ARC and was appointed to the CESGC, both effective as of March 11, 2021. While Mr. Evans served as a member of the ARC he attended 100% of the ARC meetings held in 2021 (1 of 1) prior to his appointment to the CESGC. (10) Mr. Gignac became Chair of the CESGC effective as of May 5, 2021. (11) Ms. Jensen was appointed to the CESGC effective as of March 11, 2021. (12) Ms. Maki was appointed Chair of the ARC effective as of March 11, 2021. (13) Mr. Pew ceased serving as a member of the CESGC and was appointed a member of the ARC, both effective as of March 11, 2021. While Mr. Pew served as a member of the CESGC he attended 100% of the CESGC meetings held in 2021 (2 of 2) prior to his appointment to the ARC.