Company: SPPP
Filing Date: 2025-03-20
Form Type: 40-F
Source: 0001999371-25-002919
Chunk: 2

Company: SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST
Filing Date: 2025-03-20
Form: 40-F
Chunk 2
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2.

<div align='center'>ANNUAL INFORMATION FORM</div>

The Annual Information Form of the Registrant for the fiscal year ended December 31, 2024 is filed as Exhibit 99.5 to this annual report on Form 40-F, and is incorporated herein by reference.

<div align='center'>AUDITED FINANCIAL STATEMENTS</div>

The Audited Financial Statements of the Registrant for the fiscal year ended December 31, 2024 are filed as Exhibit 99.6 to this annual report on Form 40-F, and are incorporated herein by reference.

<div align='center'>MANAGEMENT’S DISCUSSION AND ANALYSIS</div>

Management’s Discussion and Analysis for the fiscal year ended December 31, 2024 is filed as Exhibit 99.6 to this annual report on Form 40-F, and is incorporated herein by reference.

<div align='center'>CERTIFICATIONS</div>

See Exhibits 99.1, 99.2, 99.3 and 99.4 to this annual report on Form 40-F.

<div align='center'>DISCLOSURE CONTROLS AND PROCEDURES</div>

As of the end of the period covered by this report, an evaluation was carried out under the supervision of and with the participation of the Registrant’s management, including the Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Registrant’s disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended). Based on that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that the design and operation of these disclosure controls and procedures were effective in ensuring that information required to be disclosed by the Registrant in reports that it files with or submits to the U.S. Securities and Exchange Commission is recorded, processed, summarized and reported within the time periods required.

No changes were made in the Registrant’s internal control over financial reporting or in other factors during the period covered by this annual report on Form 40-F that have materially affected or are reasonably likely to materially affect the Registrant’s internal control over financial reporting.

<div align='center'>MANAGEMENT’S ANNUAL REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING</div>

Management’s report on internal control over financial reporting is filed as part of Exhibit 99.6 to this annual report on Form 40-F, and is incorporated herein by reference.

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