Four Corners Property Trust Inc

This section describes the material components of our executive compensation program for our three named executive officers. Each of the three executives described above in the section entitled “Executive Officers” was a named executive officer for 2023.

On March 7, 2024, we announced planned senior leadership changes. Gerald R. Morgan, the Chief Financial Officer of the Company, will retire from employment with the Company as the Chief Financial Officer effective as of May 3, 2024. In connection with Mr. Morgan’s retirement, subject to his appointment by the Board, Patrick L. Wernig, the Company’s current Managing Director of Acquisitions, will be appointed as the Company’s Chief Financial Officer on or about May 3, 2024. Effective as of May 3, 2024, Mr. Morgan will no longer be an executive officer and will assume an advisory role with the Company through October 2024, after which he will become a consultant through February 28, 2026 (in each case, unless his employment or service, as applicable, is earlier terminated in accordance with the transition agreement he entered into with the Company).