Company: SPPP
Filing Date: 2025-10-10
Form Type: F-10EF
Source: 0001999371-25-015206
Chunk: 38

Company: SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST
Filing Date: 2025-10-10
Form: F-10EF
Chunk 38
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, costs or claims are caused by acts or omissions of the Manager done or suffered in breach of its standard of care or through the Manager’s own negligence, willful misconduct, willful neglect, default, bad faith or dishonesty or a material failure in complying with applicable Canadian laws or the provisions set forth in the management agreement or the trust agreement. The Trust does not carry any insurance to cover such potential obligations and, to the Manager’s knowledge, none of the foregoing parties are insured for losses for which the Trust has agreed to indemnify them. Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers or persons controlling the Trust pursuant to the foregoing provisions, the Trust has been informed that in the opinion of the U.S. Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is therefore unenforceable. II-1 EXHIBITS

| Exhibit 
 Number  | 4.1 
 4.2 |     | Description                                                                                                                                                                                                                                                                                                                                                                                                                                               
 Annual information form of the Trust for the fiscal year ended December 31, 2024, dated March 20, 2025 (incorporated by reference to the Trust’s Annual Report on Form 40-F for the fiscal year ended December 31, 2024, filed with the Commission on March 20, 2025).                                                                                                                                                                                    
 Audited annual financial statements of the Trust as at and for each of the years ended December 31, 2024 and 2023, and the related notes thereto, together with the report of the independent registered public accounting firm thereon (collectively, the “Annual Financial Statements”) (incorporated by reference to the Trust’s Annual Report on Form 40-F for the fiscal year ended December 31, 2024, filed with the Commission on March 20, 2025). |
|:--------|----:|:----|:----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|         | 4.3 |     | Management report of fund performance of the Trust for its fiscal year ended December 31, 2024 (the “Annual MRFP”) (incorporated by reference to the Trust’s Annual Report on Form 40-F for the fiscal year ended December 31, 2024, filed with the Commission on March 20, 2025).                                                                                                                                                                        |
|         | 4.4 |     | Unaudited interim financial statements of the