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PLATINUM GROUP METALS LTD

For the period ended Aug 31, 2025. Filed Nov 26, 2025.

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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.

FY2025 · Filed Nov 26, 2025

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PLG$1.10+6.8%Stored close · as of Nov 6, 2026
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DOCUMENTS INCORPORATED BY REFERENCE

The following documents, filed as Exhibits 99.1, 99.2, 99.3, and 99.14 to this Annual Report on Form 40-F of Platinum Group Metals Ltd. (the "Registrant" or the "Company"), are hereby incorporated by reference into this Annual Report:

(a) Annual Information Form for the fiscal year ended August 31, 2025 ("AIF");

(b) Audited Consolidated Financial Statements as at August 31, 2025 and 2024, and for the two years in the period ended August 31, 2025 and the related notes, Management's Annual Report on Internal Control over Financial Reporting and the Report of Independent Registered Public Accounting Firm with respect thereto;

(c) Management's Discussion and Analysis for the fiscal year ended August 31, 2025 ("MD&A"); and

(d) Waterberg Definitive Feasibility Study Update, Bushveld Igneous Complex, Republic of South Africa dated October 9, 2024, and with an effective date of August 31, 2024

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