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

Company: SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST
Filing Date: 2025-06-12
Form: F-10EF
Chunk 12
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prott Inc., which is a corporation incorporated under the laws of the Province of
Ontario, Canada, on February 13, 2008. Sprott Inc. is also the sole limited partner of the Manager. Sprott Inc. is a public company
whose common shares are listed and posted for trading on the TSX and the New York Stock Exchange under the symbol “SII”.
See “Responsibility for Operation of the Trust – The Manager” in the AIF for further information. Effective May
26, 2025, for operational efficiencies, the board of directors of the GP was reconstituted to remove Whitney George and result
in John Ciampaglia and Kevin Hibbert as the only directors of the GP.

As of March 31, 2025, the Manager, together
with its affiliates and related entities, had assets under management totaling approximately U.S.$35.1 billion, and provided management
and investment advisory services to many entities, including private investment funds, exchange-listed products, mutual funds and
discretionary managed accounts. The Manager also acts as: (A) manager of (i) the Sprott Physical Uranium Trust, a non-redeemable
investment fund whose trust units are listed and posted on the TSX that invests and holds substantially all of its assets in physical
uranium, (ii) the Sprott Physical Silver Trust, a closed-end mutual fund trust whose trust units are listed and posted for trading
on the TSX and the NYSE Arca that invests and holds substantially all of its assets in physical silver bullion, (iii) the Sprott
Physical Copper Trust, a closed-end trust whose trust units are listed and posted for trading on the TSX that invests and holds
substantially all of its assets in physical copper, (iv) the Sprott Physical Gold and Silver Trust, a closed-end mutual fund trust
whose trust units are listed and posted for trading on the TSX and the NYSE Arca that invests and holds substantially all of its
assets in physical gold and silver bullion and (v) the Sprott Physical Gold Trust, a closed-end mutual fund trust whose units are
listed and posted for trading on the TSX and the NYSE Arca that invests and holds substantially all of its assets in physical gold
bullion; and (B) sub-advisor for certain funds managed by Ninepoint LP, a Canadian public mutual fund