Mr. Glen Williams reports

SPROTT INC. ANNOUNCES RESULTS OF ITS ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

Sprott Inc. has released the results of its annual and special meeting of shareholders held on May 5, 2023. All resolutions put forward in the management information circular dated March 21, 2023, to the company's shareholders were approved.

Results of the matters voted on at the meeting are set out in the attached table.

Appointment of auditor

KPMG LLP, chartered accountants, was reappointed as auditor of Sprott and the board of directors of Sprott was authorized to fix the auditor's remuneration and terms of engagement.

Votes for (per cent):  99.630 per cent

Votes withheld (per cent):  0.370 per cent

Unallocated awards under the employee profit sharing plan for non-United States employees

The unallocated awards under the employee profit sharing plan for non-U.S. employees as more particularly described in the circular were approved.

Votes for (per cent):   58.197 per cent

Votes against (per cent):   41.803 per cent

Unallocated awards under the equity incentive plan for U.S. service providers

The unallocated awards under the equity incentive plan for U.S. service providers as more particularly described in the circular were approved.

Votes for (per cent):  72.794 per cent

Votes against (per cent):  27.206 per cent

For further details on each of the matters outlined herein, please refer to the circular available under Sprott's profile on the System for Electronic Document Analysis and Retrieval (SEDAR).

Final voting results on all matters voted on at the meeting will be filed on SEDAR.

About Sprott Inc.

Sprott is a global leader in precious metal and energy transition investments. Sprott's in-depth knowledge, experience and relationships separate it from the generalists. The company's investment strategies include exchange-listed products, managed equities and private strategies. Sprott has offices in Toronto, New York and Connecticut.