Franco-Nevada Corporation announced that it continues to advance its succession planning and board renewal. Recent steps include the promotion of Paul Brink to the role of President and COO at the 2018 AGM and the addition of Jennifer Maki as a new director at the 2019 AGM. At the same meeting, Pierre Lassonde announced his intention to step down from both his Chair and director roles on the board during 2020.

The board of Franco-Nevada has now made the following additional decisions: Effective as of the May 6th, 2020 AGM, the board intends to appoint David Harquail as the non-executive Chair of its board of directors. David has served as a senior executive of the original Franco-Nevada starting in 1987 and as CEO of the new Franco-Nevada since its IPO in 2007. Under his leadership, the new Franco-Nevada's market capitalization has grown to over $17 billion.

Effective as of the May 6th, 2020 AGM, the board intends to appoint Pierre Lassonde as Chair Emeritus. Effective as of the May 6th, 2020 AGM, the board intends to appoint Paul Brink as President and Chief Executive Officer and nominate him for election as a director of Franco-Nevada at the same AGM. Paul has served as Senior Vice President from 2007 to 2018 and was promoted to President and Chief Operating Officer in 2018.

He was part of the Franco-Nevada IPO in 2007 and has successfully led its business development activities since then. Elliott Pew, as of September 9, 2019, joined Franco-Nevada's board as a new director. He has over 38 years of diverse experience in the oil and gas industry and currently serves as Chairman of Enerplus Corporation.

Previously, Elliott served 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, Elliott held senior executive positions with Newfield Exploration Company in Houston and was Senior Vice President, Exploration of American Exploration Company.