6 6 6 Named Executive Officers: Ac complishments and Incentive Awards The following section provides information ab out each Named Executive Officer and their respective 2021 performance and compensation awards. For 2021, personal performance goals were set for the Named Executive Officers in the areas of strategy, communications and investor relations, enhanced asset management, ESG and deal origination and execution. Paul Brink President & CEO Paul Brink is President & Chief Executive Officer of Franco-Nevada. Mr. Brink is responsible for, among other things: (i) providing leadership and direction to the Franco-Nevada management team; (ii) fostering a corporate culture that promotes ethical practices and encourages individual integrity; (iii) developing and recommending to the Board a long-term strategy and vision; and (iv) having overall responsibility for the achievement of Franco-Nevada’s financial and operating goals and objectives. For a brief biographical description for Mr. Brink, please see “Director Information – Nominee Information” above. Individual performance considerations CESGC conclusions Mr. Brink: Continued to provide outstanding leadership Successfully led the review and communication of the Corporation’s evolving commodity mix strategy Guided the application of over US$700M in new investments Successfully provided a diverse, inclusive and safe workplace including overseeing flexible work from home arrangements and safe, flexible return to the office arrangements Mr. Brink met or exceeded all objectives set for him in 2021. In light of Mr. Brink’s individual outperformance and the results of the Corporate Goals performance, Mr. Brink was awarded an above-target (but below maximum) cash bonus and other incentive compensation at targeted levels, all as detailed in the Summary Compensation Table. For 2022, Mr. Brink’s base salary was adjusted to C$900,000 in recognition of his progression in the role of CEO and to align with industry practice. The adjacent graph sets out Mr. Brink’s: (i) targeted compensation for the past two years, (ii) the actual compensation awarded (based on the amounts reported in the Summary Compensation Tables in the Corporation’s management information circulars for the relevant years), (iii) the compensation realized based on the market value of vested time-based and performance-based RSUs as at the date of vesting, and (iv) the amounts which may be realized in the future in respect of each relevant year (based on the market value of unvested time-based and performance- based RSUs (based on original grant numbers) as at December 31, 2021).