Sherritt Announces Voting Results From Its 2024 Annual Meeting of Shareholders

NOT FOR DISTRIBUTION TO UNITED STATES NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, May 9, 2024–(BUSINESS WIRE)–Sherritt International Corporation (“Sherritt” or the “Company”) (TSX: S) today announced the voting results of its 2024 annual meeting of shareholders held on May 9 2024.

A total of 156,740,611 common shares, representing 39.45% of the issued and outstanding common shares of Sherritt, were represented virtually or by proxy at the meeting. Shareholders voted in favor of all items proposed at the meeting, including the reappointment of Deloitte LLP as external auditor and the non-binding advisory resolution known as “Say on Pay”.

Election of directors
Each of the seven director nominees listed in the management information circular for the 2024 shareholders’ meeting was individually elected as a director of Sherritt to serve until the next annual general meeting of the company or until its successor is elected or appointed:

Candidate	Total votes For	% For	Total votes Against	% Against
Leon Binedell	145,243,512	95.05%	7,557,228	4.95%
Louise Blais	147,687,395	96.65%	5,113,345	3.35%
Steven Goldman	147,698,298	96.78%	4,909,497	3.22%
Dr Peter Hancock	131 099 033	85.80%	21,701,707	14.20%
Anna Ladd Kruger	147,572,037	96.58%	5,228,703	3.42%
Sir Richard Lapthorne	113 810 078	74.48%	38,990,662	25.52%
Chih-Ting Lo	132,954,224	87.01%	19,846,516	12.99%

The full report of the voting results has been filed on SEDAR+ at www.sedarplus.ca.

About Sherritt International

Sherritt is a global leader in the use of hydrometallurgical processes to extract and refine nickel and cobalt, metals considered essential to the energy transition. Sherritt’s Moa joint venture has a current estimated life of 25 years and has embarked on an expansion program focused on increasing annual production of mixed sulfide precipitates by 20% of contained nickel and cobalt ( on a 100% basis). The Company’s Energy division, through its participation in Energas SA, is the largest independent energy producer in Cuba with an installed electricity generation capacity of 506 MW, which represents approximately 10% of the national capacity of electricity production in Cuba. Energas’ facilities are comprised of two combined cycle power plants that produce low-cost electricity from one of the lowest carbon emitting energy sources in Cuba. Sherritt’s common shares are listed on the Toronto Stock Exchange under the symbol “S”.

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Contacts

Tom Halton
Director, Investor Relations and Corporate Affairs
Email: [email protected]
Telephone: (416) 935-2451
www.sherritt.com