Mr. Tom Halton reports

SHERRITT ANNOUNCES VOTING RESULTS OF ITS 2024 ANNUAL MEETING OF SHAREHOLDERS

Sherritt International Corp. today released the voting results of its 2024 annual meeting of shareholders held May 9, 2024.

A total of 156,740,611 common shares or 39.45 per cent of Sherritt's issued and outstanding common shares were represented virtually or by proxy at the meeting. Shareholders voted in favour of all items of business put forth at the meeting, including the reappointment of Deloitte LLP as external auditor and the non-binding advisory resolution known as say on pay.

Election of directors

Each of the seven director nominees listed in the management information circular for the 2024 shareholders' meeting were individually elected as directors of Sherritt to serve until the next annual general meeting of the company or until his or her successor is elected or appointed.

The full report of voting results has been filed on SEDAR+.

About Sherritt International Corp.

Sherritt is a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt -- metals deemed critical for the energy transition. Sherritt's Moa joint venture has a current estimated mine life of 25 years and has embarked on an expansion program focused on increasing annual mixed sulphide precipitate production by 20 per cent of contained nickel and cobalt (100-per-cent basis). The corporation's power division, through its ownership in Energas S.A., is the largest independent energy producer in Cuba with installed electrical generating capacity of 506 megawatts, representing approximately 10 per cent of the national electrical generating capacity in Cuba. The Energas facilities are comprised of two combined cycle plants that produce low-cost electricity from one of the lowest-carbon emitting sources of power in Cuba. Sherritt's common shares are listed on the Toronto Stock Exchange under the symbol S.