Company: SPPP
Filing Date: 2025-06-12
Form Type: F-10EF
Source: 0001999371-25-007710
Chunk: 9

Company: SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST
Filing Date: 2025-06-12
Form: F-10EF
Chunk 9
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 the federal laws of Canada,
and all of their executive offices and substantially all of the administrative activities and a majority of their assets are located
outside the United States. In addition, the directors and officers of the Trustee and the GP are residents of jurisdictions other
than the United States and all or a substantial portion of the assets of those persons are or may be located outside such jurisdictions.

As a result, you may have difficulty serving
legal process within your jurisdiction upon any of the Trust, the Trustee, the Manager or the GP or any of their directors or officers,
as applicable, or enforcing judgments obtained in courts in your jurisdiction against any of them or the assets of any of them
located outside your jurisdiction, or enforcing against them in the appropriate Canadian court judgments obtained in courts of
your jurisdiction, including, but not limited to, judgments predicated upon the civil liability provisions of the federal securities
laws of the United States, or bringing an original action in the appropriate Canadian courts to enforce liabilities against the
Trust, the Trustee, the Manager, the GP or any of their directors or officers, as applicable, based upon the United States federal
securities laws.

While you, whether or not a resident of
the United States, may be able to commence an action in Canada relating to the Trust and may also be able to petition Canadian
courts to enforce judgments obtained in the courts of any part of the United States against any of the Trust, the Trustee, the
Manager or the GP or any of their directors or officers, you may face additional requirements serving legal process within the
United States upon or enforcing judgments obtained in the United States courts against any of them or the assets of any of them
located outside the United States, or enforcing against any of them in the appropriate Canadian courts judgments obtained in the
courts of any part of the United States, or bringing an original action in the appropriate Canadian courts to enforce liabilities
against the Trust, the Trustee, the Manager, the GP or any of their directors or officers, as applicable.

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In the United States, the Trust and the
Trustee will each file with the SEC, concurrently with the Trust’s registration statement on Form F-10, an appointment of
agent for service of process on separate Forms F-X. Under such Forms F-X, the Trust and the Trustee will appoint Puglisi &
Associates, as their agent for service of process in the United States in connection with