Sprott Junior Copper Miners ETF · NASDAQ:COPJ
Sprott Junior Copper Miners ETF — Sprott Active Metals & Miners ETF — Investor Presentation (June 2026)
36 slides from Sprott Junior Copper Miners ETF's investor presentation, Jun 30, 2026
Slide 1: Sprott Active Metals & Miners ETF: A Dynamic Portfolio of Metals
Sprott Active Metals & Miners ETF Nasdaq: METL A Dynamic Portfolio of Metals Investor Presentation June 30, 2026 V5 8/5/2026
Slide 2: A Global Leader in Precious Metals and Critical Materials Investments
A Global Leader in Precious Metals and Critical Materials Investments US$55.6B in AUM1 Sprott (SII) is publicly listed on the NYSE and TSX Exchange Listed Products Managed Equities Private Strategies $47.9 Billion AUM $5.6 Billion AUM $2 Billion AUM • Physical Bullion Trusts • Flagship U.S. Gold Equ
Slide 3: Presentation Outline
Presentation Outline Content Slides Sprott Active Metals & Miners ETF (METL): Introduction 4 Sprott Active Metals & Miners ETF (METL): Investment Team and Process 5-10 Macro Drivers of the Metals & Mining Investment Opportunity 11-16 Metals in Focus 17-24 Sprott Active Metals & Miners ETF (METL): Fu
Slide 4: Sprott Active Metals & Miners ETF (METL)
Sprott Active Metals & Miners ETF (METL) Sprott Active Metals & Miners ETF (Nasdaq: METL) The Sprott Active Metals & Miners ETF (Nasdaq: METL) offers investors active, value-driven exposure to the entire metals and mining lifecycle. Given mining complexity and the cyclical nature of commodities, inv
Slide 5: Investment Team and Process
Sprott Active Metals & Miners ETF (METL) Investment Team and Process Sprott Active Metals & Miners ETF (Nasdaq: METL) | 5
Slide 6: Investment Team
Investment Team Justin Tolman, BSc (Hons), MBA, Maria Smirnova, MBA, CFA, Shree Kargutkar, MBA, CFA, Victor Huwang, MBA, CRC, Senior Portfolio Manager and Managing Partner at Sprott Inc., CIO, Senior Portfolio Manager Director, U.S. Operations Economic Geologist Senior Portfolio Manager 15+ years of
Slide 7: Sprott’s Active Management Advantage
Sprott’s Active Management Advantage • Strength in Stock Picking Top-Down Sector Analysis Meets o Several decades of collective experience investing in miners Bottom-Up Stock Selection with prospects of strong growth or takeover potential. 1. Management o Navigating the variability of individual com
Slide 8: An Opportunity for Active Managers: Dispersion in Mining Returns
An Opportunity for Active Managers: Dispersion in Mining Returns The large spread in the performance of individual mining companies presents an opportunity to add value through actively managed stock selection and portfolio construction. Source: Bloomberg and FactSet as of 12/31/2025. Miners represe
Slide 9: Boots on the Ground
Boots on the Ground • Multidisciplinary: The Sprott investment team conducts technical reviews via site visits to assess asset potential, identify challenges, and explore geologic opportunities. • Global: The team has worked in and/or conducted due diligence on mining projects spanning more than 40
Slide 10: METL Portfolio Construction: Top-Down Sector Analysis Meets Bottom-Up Stock Selection
METL Portfolio Construction: Top-Down Sector Analysis Meets Bottom-Up Stock Selection Allocation tiers are based on an ongoing analysis of structural demand for metals across key growth sectors, such as renewable energy, electric vehicles and infrastructure, along with each industry’s capacity to de
Slide 11: Macro Drivers of the Metals & Mining Investment Opportunity
Macro Drivers of the Metals & Mining Investment Opportunity • Energy Growth • Energy Security • The Global Energy Transition Sprott Active Metals & Miners ETF (Nasdaq: METL) | 11
Slide 12: Energy Growth: Economic Growth Is Energy Intensive
Energy Growth: Economic Growth Is Energy Intensive • Evolving energy systems require more electricity, which depend on critical materials. • Global electricity demand is estimated to increase by 157% by 2050. Surging Energy Consumption in the East: Surging Energy Consumption in the West: Driven by u
Slide 13: AI and Data Center Growth: Essential Metals Set To Benefit
AI and Data Center Growth: Essential Metals Set To Benefit • Nuclear energy is emerging as an ideal solution for AI’s “clean firm” energy demand (carbon-free energy that provides consistent output). • Copper’s superior electrical and thermal conductivity properties enable it to handle extensive powe
Slide 14: Energy and Mineral Security: Security of Supply Is an Urgent and Persistent Driver
Energy and Mineral Security: Security of Supply Is an Urgent and Persistent Driver • Minerals underpin a country’s core functions, including energy China Leads Clean Energy Generation production, infrastructure development and defense. 35% China Clean Energy Generation (TWh) 4,500 o Ensuring supply
Slide 15: Energy Security: China’s Control Is a Catalyst
Energy Security: China’s Control Is a Catalyst • China is increasingly weaponizing its dominance: It has placed export controls on rare earths and other critical minerals. In 2010, China restricted rare earths exports and cut off shipments to Japan, causing a 26-fold price increase (January 2009 to
Slide 16: The Energy Transition Applies to Transportation: EVs, Infrastructure and Policy
The Energy Transition Applies to Transportation: EVs, Infrastructure and Policy BMO Expects a 40% Global EV Penetration Rate by 2030 Electric Vehicles Are Large Consumers of Strategic Metals (40 Million Sales) Source: BMO Capital Markets 2025 Battery 101; Canada Has the Minerals & Know-How to Lead o
Slide 17: Metals in Focus
Metals in Focus Sprott Active Metals & Miners ETF (Nasdaq: METL) | 17
Slide 18: Essential Elements: Required to Meet Growing Global Energy Demand
Essential Elements: Required to Meet Growing Global Energy Demand A set of metals that’s essential for meeting growing global energy demand. Every stage of the energy system— infrastructure, generation, transmission, storage—depends on raw materials with unique properties. Supply constraints are imp
Slide 19: Copper Demand Has Doubled Roughly Every 25 Years
Copper Demand Has Doubled Roughly Every 25 Years • Global copper demand has grown 12.5x since Global Copper Consumption 1936, doubling roughly every 25 years 30,000 1913 Mass Production of Automobiles 1920 Mass Production of Radios • 1936: 2 Million Metric Tons (MMT) 1934 Radar 1937 Jet Engine • 196
Slide 20: Uranium Supply and Demand Imbalance May Likely Grow
Uranium Supply and Demand Imbalance May Likely Grow • We believe the era of inventory destocking is over. • Demand for uranium may likely outstrip supply, with a 1.25-billion-pound deficit to 2045. • Net Zero Nuclear, the pledge to triple global nuclear capacity by 2050, would result in over a 2.75-
Slide 21: Silver Is Increasingly Critical to Industry and Energy
Silver Is Increasingly Critical to Industry and Energy • Silver is one of the oldest forms of currency. However, industrial applications have been growing at a CAGR of 4% over the last decade and now account for the majority of demand at 58% for 2025. • Silver is second only to oil as the most widel
Slide 22: Steel Is The Backbone of Energy Infrastructure
Steel Is The Backbone of Energy Infrastructure Steel in Energy Infrastructure Steel in Renewable Energy NATIONS DECLARE STEEL CRITICAL • Transportation & Logistics: Steel is the • Nuclear: Stainless steel’s durable and anti- • United States: Covered under Section 232 tariffs world’s most important e
Slide 23: Rare Earths: A Strategic Focus
Rare Earths: A Strategic Focus Rare earths are a group of 17 critical materials vital for defense, DIFFERENTIATED PROPERTIES electric vehicles, AI data centers, clean energy and high-tech • Rising Demand Across Critical Sectors: Rare applications such as robotics. earths are indispensable in high-gr
Slide 24: Growing Lithium Demand
Growing Lithium Demand Lithium demand is expected to rise substantially with the demand from EVs and grid battery storage expected to account for 91% of lithium demand by 2035.1 Lithium Demand Has and May Continue to Soar1,2 1,800 1,600 000 t Lithium Carbonate Equivalent 3.0x 1,400 1,200 1,000 800 6
Slide 25: Fund Overview
Sprott Active Metals & Miners ETF (Nasdaq: METL) Fund Overview Sprott Active Metals & Miners ETF (Nasdaq: METL) | 25
Slide 26: Sprott Active Metals & Miners ETF (METL)
Sprott Active Metals & Miners ETF (METL) Sprott Active Metals & Miners ETF (METL) Sprott Active Metals & Miners ETF (Nasdaq: METL) is an actively Investment Team Justin Tolman, BSC (HONS), MBA managed ETF that aims to provide long-term capital appreciation by Senior Portfolio Manager & Economic Geol
Slide 27: Sprott Active Metals & Miners Fund Composition
Sprott Active Metals & Miners ETF (METL) Sprott Active Metals & Miners Fund Composition Portfolio Characteristics1 Company Domicile Breakdown1 (As of 6/30/2026) (As of 6/30/2026) • Number of Issuers: 42 • Canada: 53.43% • Market Cap (millions): $565,723 • United States: 21.07% • Weighted Avg. Compan
Slide 28: Performance History
Sprott Active Metals & Miners ETF (METL) Performance History Performance: Average Annual Total Returns* (%) QUARTER END AS OF 6/30/2026 1 MO 3 MO YTD S.I.1 Sprott Active Metals & Miners ETF (Net Asset Value) -14.65 -3.70 2.22 31.53 Sprott Active Metals & Miners ETF (Market Price)2 -14.38 -4.35 1.82
Slide 29: Portfolio Allocation
Sprott Active Metals & Miners ETF (Nasdaq: METL) Portfolio Allocation Sprott Active Metals & Miners ETF (Nasdaq: METL) | 29
Slide 30: How Can METL Fit into an Investment Portfolio?
How Can METL Fit into an Investment Portfolio? Depending on the investor type and the investment portfolio mandate, an actively managed ETF of metals and mining stocks can fit into several asset class categories. • Commodities • Small- to mid-cap equities • Alternatives • Thematics Please see Risk D
Slide 31: Sprott ETFs
Sprott ETFs Sprott Diversified Metals & Mining ETFs Sprott Precious Metals ETFs Sprott Active Sprott Active Sprott Gold Sprott Junior Gold Sprott Silver Metals & Miners Gold & Silver Miners ETF Miners ETF Miners & Physical ETF Miners ETF Silver ETF Sprott Critical Materials ETFs Sprott Critical Spro
Slide 32: Sprott Client Services Team
Sprott Client Services Team Sprott Active Metals & Miners ETF (Nasdaq: METL) | 32
Slide 33: Distributor Contact Details
Distributor Contact Details ALPS Distributors, Inc. 1290 Broadway, Suite 1000 Denver, CO 80203 Sprott Active Metals & Miners ETF (Nasdaq: METL) | 33
Slide 34: Risk Disclosures and Other Important Information
Risk Disclosures and Other Important Information Sprott Active Metals & Miners ETF (Nasdaq: METL) An investor should consider the investment objectives, risks, charges and expenses carefully before investing. To obtain a Sprott Active Metals & Miners ETF Statutory Prospectus, which contains this and
Slide 35: Appendix
Appendix Sprott Active Metals & Miners ETF (Nasdaq: METL) | 35
Slide 36: Sprott Mining Risk Heat Map 2026
Sprott Mining Risk Heat Map 2026 Sprott Contributors: Sprott Gold Team. Sprott Active Metals & Miners ETF (Nasdaq: METL) | 36 SPT001927 11/30/2026
Sprott Active Metals & Miners ETF — Investor Presentation (June 2026) on 6ix