Mr. Glen Williams reports

SPROTT INC. DECLARES SECOND QUARTER 2023 DIVIDEND

Sprott Inc.'s board of directors has declared a second quarter 2023 dividend of 25 U.S. cents per common share, payable on Sept. 5, 2023, to shareholders of record at the close of business on Aug. 21, 2023.

Registered shareholders who are residents of Canada as reflected in the company's shareholders register, as well as beneficial holders (shareholders who hold their common shares through a broker or other intermediary) whose intermediary is a participant in CDS Clearing and Depositary Services Inc. or its nominee, CDS & Co., will receive their dividend in Canadian dollars, calculated based on the spot price exchange rate on Sept. 5, 2023. Registered shareholders resident outside of Canada as reflected in Sprott's shareholders register, including the United States, as well as beneficial holders whose intermediary is a participant in The Depository Trust Company or its nominee, Cede & Co., will receive their dividend in U.S. dollars. However, beneficial holders whose intermediary is a participant in CDS may elect to change the currency of their dividend payments to U.S. dollars and can contact their broker for more details. Registered shareholders, other than CDS, who are residents of Canada and wish to receive their dividend in U.S. dollars should make arrangements to deposit their common shares with CDS and make a currency election prior to Aug. 21, 2023.

The dividend is designated as an eligible dividend for Canadian income tax purposes.

About Sprott Inc.

Sprott is a global leader in precious metal and energy transition investments. The company is a specialist. Its in-depth knowledge, experience and relationships separate Sprott from the generalists. Sprott's investment strategies include exchange-listed products, managed equities and private strategies. Sprott has offices in Toronto, New York and Connecticut, and the company's common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol SII.