Mr. Glen Williams reports

SPROTT INC. ANNOUNCES 20% DIVIDEND INCREASE AND DECLARES THIRD QUARTER 2024 DIVIDEND

Sprott Inc. has declared a third quarter 2024 dividend of 30 U.S. cents per common share, an increase of 20 per cent over the previous quarter's dividend, payable on Dec. 3, 2024, to shareholders of record at the close of business on Nov. 18, 2024.

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 Dec. 3, 2024. 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 United States 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 Nov. 18, 2024.

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

About Sprott Inc.

Sprott is a global asset manager focused on precious metals and critical materials investments.