Sprott Inc. · TSX:SII
Sprott — Investor Presentation (2026)
20 slides from Sprott's investor presentation, Feb 25, 2026
Slide 1: Resource Exploration and Development Private Placement LP
Resource Exploration and Development Private Placement LP Priority Access to Private Placements Across the Mining Industry 2026 For Accredited Investors Only
Slide 2: A Global Leader in Precious Metals and Critical Materials Investments
A Global Leader in Precious Metals and Critical Materials Investments US$59.6B in AUM1 Sprott (SII) is publicly listed on the NYSE and TSX Exchange Listed Products Managed Equities Private Strategies $51.8 Billion AUM $5.7 Billion AUM $2.1 Billion AUM • Physical Bullion Trusts • Flagship U.S. Gold E
Slide 3: Investment Strategy
Investment Strategy The Resource Exploration and Development Private Placement LP (the RED Fund) seeks to deliver long-term capital appreciation through the origination of, and participation in, favorably priced private placement (PP) opportunities in natural resource companies. • Focus on precious
Slide 4: Investment Process
Investment Process • Focus on projects with experienced and well-organized management • Prior relationships with key managers • Evaluate compensation packages to ensure alignment of interests between management and shareholders 1. Management • Technical analysis of issuer’s assets • Desktop due dili
Slide 5: Why Resource Exploration and Development Private Placement LP?
Why Resource Exploration and Development Private Placement LP? • Priority in obtaining private placement offerings. • Exposure to more offerings, many of which are otherwise limited only to institutional investors. • Actively managed and monitored by a team of experienced portfolio managers. • Parti
Slide 6: What is a Private Placement?
What is a Private Placement? A sale of security directly to private investors, rather than as part of a public offering. It is the primary method for early-stage companies to fund their Exploration & Development activities. Can provide an opportunity for institutional capital to establish a large an
Slide 7: Potential Benefits of a Private Placement
Potential Benefits of a Private Placement • Private placement units may include: o Share purchase warrants. o Shares at a discount to market prices. • Allows us to negotiate terms directly with issuer. • Enables strategic positioning and liquidity in thinly traded securities. • Establishes strong re
Slide 8: Warrants – the Power of Leverage
Warrants – the Power of Leverage • Warrants are the right, but not the obligation, to purchase additional shares of stock at a predetermined price for a specific period of time. • When successful, they provide greater leverage to the upside than a normal investor would get through on-market purchase
Slide 9: Life Cycle of a Mining Company
Life Cycle of a Mining Company Discovery • Although geologic and share dilution risks are highest at this stage, it is also where the greatest upside reward potential can be found. Development • Risks shift to permitting challenges, metallurgical studies, economic assessments and construction risks.
Slide 10: Discoveries are Rare and Increasingly Valuable
Discoveries are Rare and Increasingly Valuable Major Copper Discoveries (1990–2024) Copper in reserves, resources and past production (MMt) Copper in recent initial resources* (MMt) 160 Copper exploration budget ($M) 5,000 Copper discoveries/iniital resources (MMt) 4,500 140 Copper exploration budge
Slide 11: Specialists with Niche Experience
Specialists with Niche Experience 1 • Sprott is a global leader in the junior mining space, leading hundreds of A Leader structured financing investments in the last decade. in Space • Many of these in recent years were done through the Sprott Wealth Management Investment Committee (the Investment C
Slide 12: Investment Committee as Portfolio Managers
Investment Committee as Portfolio Managers We Believe Better Analysis Leads to Better Deals • Sprott Asset Management USA is a boutique investment firm founded by Rick Rule and acquired by Sprott in 2011. • With over 30 years of experience in the junior mining sector, we’ve seen many cycles across m
Slide 13: Carlsbad Investment Committee Members
Carlsbad Investment Committee Members Eric Angeli, Portfolio Manager (Chair) Portfolio Manager and Financial Adviser with over 19 years of experience advising and managing capital for institutions and high net worth retail with a focus on the energy and mining sector. Jason Stevens, CFA, Portfolio M
Slide 14: Sprott's Deal Generation
Sprott’s Sprott transacted on over 150 deals Deal worth in aggregate over $2.5B* since 2020. Generation *In NAV at time of purchase The description of Sprott's deal generation is included only to illustrate the breadth of its investing experience and is not illustrative of any particular investment
Slide 15: Partnership Details
Partnership Details INVESTMENT MANAGER SPROTT ASSET MANAGEMENT USA, INC. Portfolio Manager Sprott Wealth Management Investment Committee Investment Mandates Primarily focused on private placement offerings in the natural resource space Fund Structure Open-ended, long-only Investor Entry Periods Mont
Slide 16: Contact Details
Contact Details T 866.531.8746 wealthmanagement@sprott.com www.sprott.com 1910 Palomar Point Way, Suite 200 Carlsbad, CA 92008 For Accredited Investors Only Resource Exploration and Development Private Placement LP/QP | 16
Slide 17: Appendices
Appendices For Accredited Investors Only Resource Exploration and Development Private Placement LP/QP | 17
Slide 18: Investment Committee and Adviser Bios
Investment Committee and Adviser Bios Eric Angeli has been a portfolio manager and investment adviser with Sprott for over 15 years, carving out a specialty focus investing in early stage exploration and development of natural resources. He manages capital for high net worth individuals and institut
Slide 19: Investment Committee and Adviser Bios (cont.)
Investment Committee and Adviser Bios (cont.) Mishka vom Dorp is committed to analyzing all aspects of the resource market to identify and target spaces that have been overlooked by the majority of investors. Working closely with the members of his team, he conducts deep-dive due diligence using a v
Slide 20: Important Disclosure
Important Disclosure This material may not be distributed, published, or reproduced, in whole or in part, without the prior approval of Sprott Inc. This material should not be considered an offering to invest in any product. Investing in private funds also carries several risks. Here are some key po