Company: SPPP
Filing Date: 2025-06-12
Form Type: F-10EF
Source: 0001999371-25-007710
Chunk: 6

Company: SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST
Filing Date: 2025-06-12
Form: F-10EF
Chunk 6
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 you to those documents. The information incorporated by reference is deemed to be part of this
prospectus, except for any information superseded by information contained directly in this prospectus or in any other subsequently-filed
document which also is or is deemed to be incorporated by reference herein.

You may obtain copies of the documents
incorporated by reference in this prospectus on request without charge by contacting the Manager, located at Royal Bank Plaza,
South Tower, 200 Bay Street, Suite 2600, Toronto, Ontario, Canada M5J 2J1, Telephone: (416) 943-8099 (toll free number: 1-855-943-8099),
as well as through the sources described below under “Additional Information”.

The following documents are specifically
incorporated by reference in this prospectus:

Any documents of the type referred to in
the preceding paragraph with respect to the Trust, material change reports (other than confidential material change reports) or
any document of the type referred to in section 11.1 of Form 44-101F1 of National Instrument 44-101 — Short Form Prospectus Distributions(“NI 44-101”) required to be incorporated by reference herein pursuant to NI 44-101, as well as all
prospectus supplements (solely for the purposes of the offering of trust units covered by that prospectus supplement unless otherwise
provided therein) disclosing additional or updated information filed by the Trust with the securities regulatory authorities in
Canada subsequent to the date of this prospectus and prior to 25 months from the date of issuance of the receipt for this prospectus,
shall be deemed to be incorporated by reference in this prospectus.

When new documents of the type referred
to in the paragraphs above are filed by the Trust with the securities regulatory authorities in Canada during the currency of this
prospectus, such documents will be deemed to be incorporated by reference in this prospectus and the previous documents of the
type referred to in the paragraphs above and all material change reports, unaudited interim financial statements (and management
reports of fund performance of the Trust relating thereto) and certain prospectus supplements filed by the Trust with the securities
regulatory authorities in Canada before the commencement of the financial year in which the new documents are filed will no longer
be deemed to be incorporated by reference in this prospectus.

The documents identified above as incorporated
by reference into this prospectus have been filed with or furnished to the SEC as follows