Slide 1: Investor Presentation
Contrarian. Investor Presentation Innovative. August 2026 NYSE/TSX: SII Aligned.
Slide 2: Forward-Looking Statements
Forward-Looking Statements 2 Certain statements in this presentation or the accompanying oral remarks contain forward-looking information and forward-looking statements (collectively referred to herein as the "Forward- Looking Statements") within the meaning of applicable Canadian and U.S. securitie
Slide 3: Corporate Overview
Corporate Overview 3 As at June 30, 2026 History: Founded 1981 Toronto, New York, Connecticut, Carlsbad, Locations: Vancouver With $55.6B in AUM, Employees: 136 Sprott is a global leader in precious metals and AUM: $55.6B critical materials investments Exchange Listings: NYSE/TSX: SII Shares Outstan
Slide 4: Purpose and Values
Purpose and Values 4 We aspire to be the leading global asset manager focused on precious metals and critical materials Our Purpose: As contrarian investors with a long-term investment horizon, we remain both patient and persistent. We will continue to innovate to bring our clients the strongest pos
Slide 5: The Sprott ecosystem
The Sprott ecosystem 5 Our strategies and capabilities position us well for the current macroeconomic and geopolitical environment Record gold buying by central banks, The build out of critical materials institutional and retail investors contribute to inventories is a key priority for world the pos
Slide 6: Investment Strategies
Investment Strategies ey so:
Slide 7: Exchange Listed Products
Exchange Listed Products 7 Sprott manages approximately $47.9 billion in our exchange listed products strategies Physical Trusts AUM (1) Sprott Physical Gold Trust $14.7B Sprott Physical Silver Trust $12.6B Sprott Physical Gold and Silver Trust $7.3B Sprott Physical Uranium Trust $7B Sprott Physical
Slide 8: Exchange Listed Products: Physical Trusts
Exchange Listed Products: Physical Trusts 8 • 6 exchange listed physical trusts • 5 dual listed on NYSE/TSX • 1 TSX listed • $42.5B AUM • Highly-scalable global platform Approximately 300,000 clients Sticky AUM relative to open-ended ETFs Well-positioned to add complementary strategies Valuable reve
Slide 9: Physical Trusts: AUM (in Billions)
Physical Trusts: AUM (in Billions) 9 Investor interest in metals remains strong as geopolitical events highlight strategic importance of supply security $50.7 $47.2 $42.5 $42.6 $37.4 $30.8 $27.3 $24.0 $25.1 $22.8 $20.7 $21.3 $17.9 $17.7 $18.3 $17.4 $16.8 $15.9 $14.9 PHYS PSLV SPPP SPUT CEF COP Note:
Slide 10: Physical Trusts: Net Flows (in Millions)
Physical Trusts: Net Flows (in Millions) 10 We continue to see rotation into real assets driven by multiple structural forces $1,338 $1,240 $862 $1,069 $907 $617 $407 $478 $429 $128 $210 $125 $113 $149 $0 $(2) $(49) $(216) $(529) PHYS PSLV SPPP SPUT CEF COP Note: QTD Flows as of 7/31/26
Slide 11: ETF Product Suite: AUM (in Billions)
ETF Product Suite: AUM (in Billions) 11 Breadth of ETF offerings uniquely positions Sprott to capture investor interest Uranium Miners Copper Miners Silver Miners Rare Earth Miners $6.0 URNM COPP SLVR REXC $5.4 URNJ COPJ SLVR UCITS URNM UCITS CPPR UCITS $5.1 Gold Miners $4.6 URNJ UCITS $4.4 SPUT ETC
Slide 12: ETF Product Suite: Net Flows (in Millions)
ETF Product Suite: Net Flows (in Millions) 12 Record net flows, reflecting growing investor interest across multiple market segments Uranium Miners Copper Miners Silver Miners Rare Earth Miners $1,136 URNM COPP SLVR REXC URNJ COPJ SLVR UCITS URNM UCITS CPPR UCITS URNJ UCITS Gold Miners SPUT ETC Crit
Slide 13: Managed Equities
Managed Equities 13 Sprott’s investment team is one of the most experienced in the metals and mining sector • In-house technical team provides additional research and due diligence capabilities • Sprott’s depth and breadth of sector-specific expertise allows us to: o Employ a disciplined, team-based
Slide 14: Managed Equities: AUM (in Billions)
Managed Equities: AUM (in Billions) 14 Actively managed metals strategies showed resilience in a volatile quarter $6.3 $5.7 $5.6 $5.2 $3.9 $3.4 $3.6 $3.3 $2.6 $2.9 $3.0 $2.9 $3.0 $2.7 $2.5 $2.5 $2.4 $2.2 Mutual Funds Institutional Managed Accounts Private Managed Accounts Sprott USA Bullion Funds Ac
Slide 15: Private Strategies
Private Strategies Focused on strategies holding illiquid assets in order to carry out asset optimization and/or develop structured seniority Lending strategy Streaming strategy 88 investments (1) 35 investments ~$3.8B in originations (1) $995MM capital called to date (1) Since 2010 Sprott Inc. | 15
Slide 16: Financial Overview
16 Financial Overview ey so:
Slide 17: Strategically Diversified Yet Aligned AUM
Strategically Diversified Yet Aligned AUM 17 Sprott’s total AUM as at June 30, 2026 was $55.6 billion (1) In billions $ (2) By segment By product (3) (1) As at July 31, 2026, AUM was $55.3 billion, down slightly from $55.6 billion as at June 30, 2026 (2) Includes direct commodity exposure and indire
Slide 18: Historical Earnings Results
Historical Earnings Results 18 We have highly profitable and efficient operations In millions $ Net income (IFRS) Adjusted EBITDA Adjusted EBITDA margin (1) (Key non-IFRS measure) (Key non-IFRS measure) (1) Net income margin was 20% in 2021 and 28% in 2026
Slide 19: Recent Earnings Results
Recent Earnings Results 19 In millions $ Net income (IFRS) Adjusted EBITDA (Key non-IFRS measure)
Slide 20: Expanding margins and disciplined capital structure
Expanding margins and disciplined capital structure 20 We’ve created operating leverage… …without financial leverage AUM in billions of $ In millions $ 71% 250 53% 200 150 100 50 0 (2) Cash Co-investments Debt (1) (1) Net income margin was 20% in 2021 and 28% in 2026 (2) In prior years, co-investmen
Slide 21: Treasury and Balance Sheet Management
Treasury and Balance Sheet Management 21 Balance sheet liquidity • We had $189.8 million of cash and cash equivalents (December 31, 2025 - $123.4 million). In addition, we had $59.5 million of co-investments (December 31, 2025 - $76.7 million) of which $27.2 million (December 31, 2025 - $35.5 millio
Slide 22: Historical Annual Shareholder Return
Historical Annual Shareholder Return 22 +284% +97% +71% Jan 1, Dec 31, Dec 31, Dec 31, Dec 31, Dec 31, 2021 2021 2022 2023 2024 2025 Sprott Inc. 100.00 159.34 120.89 126.92 161.65 383.58 S&P/TSX composite index 100.00 126.33 111.31 127.52 142.38 196.67 NYSE composite index 100.00 120.83 109.71 124.9
Slide 23: Appendix
Appendix ey so:
Slide 24: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation 24 3 months ended 6 months ended In millions $ Q2 Q2 Q2 Q2 2026 2025 2026 2025 Net income for the period 34.3 13.5 63.5 25.5 Net income margin(1) 43% 21% 28% 23% Adjustments: Interest expense 0.3 0.3 0.6 0.6 Provision for income taxes 12.0 5.4 24.7 9.2 Depreciation and
Slide 25: 5-yr Adjusted EBITDA Reconciliation
5-yr Adjusted EBITDA Reconciliation 25 In millions $ 2025 2024 2023 2022 2021 Net income for the period 67.3 49.3 41.8 17.6 33.2 Net income margin (1) 24% 28% 28% 12% 20% Adjustments: Interest expense 1.2 3.1 4.1 2.9 1.2 Provision for income taxes 23.0 19.7 8.5 7.4 12.0 Depreciation and amortization
Slide 26: Contact Information
Contact Information 26 Glen Williams Senior Managing Partner Investor and Institutional Client Relations T 416 943 4394 gwilliams@sprott.com Julia Hathaway Managing Partner Institutional Client Relations T 212 784 6849 jchathaway@sprott.com