Sprott Inc. Announces Results of its Annual and Special Meeting of Shareholders

Rhea-AI Summary

Sprott Inc. (NYSE/TSX: SII) announced the results of its Annual and Special Meeting held on May 6, 2022. All resolutions outlined in the Management Information Circular from March 22, 2022, were unanimously approved by shareholders. Among significant resolutions, all seven director nominees were elected with high approval percentages, ranging from 97.038% to 99.568%. Additionally, KPMG LLP was re-appointed as the company's auditor with 99.226% votes in favor. An amendment to By-Law No. 1 was also approved. Detailed voting results will be available on SEDAR.

Positive

• All seven director nominees were elected with approval rates exceeding 97%.
• Re-appointment of KPMG LLP as auditor received 99.226% approval.
• Amendment to By-Law No. 1 was approved with 99.364% votes in favor.

Negative

• None.

TORONTO, May 06, 2022 (GLOBE NEWSWIRE) -- Sprott Inc. (“Sprott”) (NYSE/TSX: SII) announced today the results of its Annual and Special Meeting of shareholders held on May 6, 2022 (the “Meeting”). Sprott is pleased to announce that all resolutions put forward in the Management Information Circular dated March 22, 2022 (the “Circular”) to its shareholders were approved.

Results of the matters voted on at the Meeting are set out below.

Election of Directors

Sprott’s seven director nominees were elected:

Nominee	Votes For (percent)	Votes Withheld (percent)
Ronald Dewhurst	98.554%	1.446%
Graham Birch	98.347%	1.653%
Peter Grosskopf	99.392%	0.608%
Barbara Connolly Keady	99.568%	0.432%
Sharon Ranson	97.038%	2.962%
Catherine Raw	99.560%	0.440%
Arthur Richards Rule IV	99.495%	0.505%

Appointment of Auditors

KPMG LLP, Chartered Accountants, was re-appointed as auditor of Sprott and the board of directors of Sprott were authorized to fix the auditors’ remuneration and terms of engagement.

Votes For (percent): 99.226%

Votes Withheld (percent): 0.774%

Amendment No. 2 to By-Law No.1

The Amendment No. 2 to By-Law No. 1 of Sprott as more particularly described in the Circular was approved.

Votes For (percent): 99.364%

Votes Against (percent): 0.636%

For further details on each of the above matters, please refer to the Circular available under Sprott’s profile on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.

Final voting results on all matters voted on at the Meeting will be filed on SEDAR at www.sedar.com.

About Sprott

Sprott is a global leader in precious metal and real asset investments. We are specialists. Our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities, Private Strategies and Brokerage. Sprott has offices in Toronto, New York and London and the company’s common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol (SII). For more information, please visit www.sprott.com.

Investor contact information: (416) 943-4394 or ir@sprott.com.

FAQ

What were the results of Sprott's Annual and Special Meeting on May 6, 2022?

All proposed resolutions, including the election of directors and auditor appointment, were approved.

How many director nominees were elected during Sprott's Annual Meeting?

All seven director nominees were elected with high approval percentages.

Who was re-appointed as Sprott's auditor at the May 6, 2022 meeting?

KPMG LLP was re-appointed as auditor with 99.226% votes in favor.

What was the approval rate for the amendment to Sprott's By-Law No. 1?

The amendment received 99.364% approval from the shareholders.