Company: SPPP
Filing Date: 2025-06-12
Form Type: F-10EF
Source: 0001999371-25-007710
Chunk: 34

Company: SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST
Filing Date: 2025-06-12
Form: F-10EF
Chunk 34
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 10.2251 |                       63,500 |
| May 29, 2025   |                      10.2208 |                      225,000 |
| June 2, 2025   |                      10.3045 |                      302,000 |
| June 2, 2025   |                      10.3064 |                      164,800 |
| June 3, 2025   |                      10.3283 |                      240,000 |
| June 3, 2025   |                      10.3351 |                      300,000 |
| June 4, 2025   |                      10.4059 |                       24,386 |
| June 5, 2025   |                      10.6411 |                      582,000 |
| June 5, 2025   |                      10.6460 |                      316,500 |
| June 6, 2025   |                      10.8791 |                      255,100 |
| June 6, 2025   |                      10.8959 |                      427,500 |

<div align='center'>-19

MARKET PRICE
OF TRUST UNITS</div>

The trust units are traded on the NYSE
Arca under the symbol “SPPP” and on the TSX under the symbols “SPPP” (Canadian dollar denominated) and
“SPPP.U” (U.S. dollar denominated). The following table sets forth the high and low prices and monthly average trading
volume for the trust units on the TSX (as reported by the TSX) and the NYSE Arca (as reported by the NYSE Arca) for each month
during the 12-month period before the date of this prospectus.

| Calendar        
 Period          | NYSE ARCA |         |         |     TSX |         |        |        |         |        |
| SPPP            |           |         |  SPPP.U |         |         |   SPPP |        |         |        |
| High ($)        |   Low ($) | Average 
  Volume |    High 
 (U.S.$) |     Low 
 (U.S.$) | Average 
  Volume |   High 
 (Cdn$) |    Low 
 (Cdn$) | Average 
  Volume |        |
| June 2024       |     10.04 |