Mr. Tom Halton reports

SHERRITT APPOINTS SHELLEY BROWN TO ITS BOARD OF DIRECTORS

Sherritt International Corp. has appointed Shelley Brown to its board of directors, effective today. Ms. Brown's appointment and significant experience will provide a seamless succession following the resignation of Anna Ladd-Kruger who is reducing her board commitments in order to take up full time study at the University of British Columbia.

"We are delighted to have Shelley join our board," commented Richard Lapthorne, chair of Sherritt's board of directors. "With her distinguished career, marked by considerable accomplishments and numerous accolades, Shelley will be an invaluable addition to Sherritt's board."

Mr. Lapthorne continued, "In addition, I would like to thank Anna for her contributions to Sherritt and wish her every success in her academic endeavours."

Ms. Brown brings considerable experience to Sherritt's board. As a senior audit partner with Deloitte LLP, she worked with a number of the firm's major audit clients including multinational mining and oil and gas companies listed in both Canada and the U.S. During her time in public practice, she served as the director for audit services in Saskatchewan and also as regional managing partner in Saskatchewan. Ms. Brown has over 30 years of board experience, including serving on the boards of Stantec Inc. and Inter Pipeline Ltd. She previously served as the chair of the Canadian Institute of Chartered Accountants. In 2013, she was appointed as the first chair of CPA Canada. Ms. Brown is the recipient of numerous awards recognizing her accomplished career including, receiving Lifetime Achievement Awards from the CPA Institutes of British Columbia and Saskatchewan, and, in 2018, she was named as a member of the Order of Canada for her contributions to her profession and her community.

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.