SPROTT INC.

For the period ended Dec 31, 2024. Filed Feb 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.

FY2024 · Filed Feb 26, 2025

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SII$113.94+1.5%Stored close · as of Nov 6, 2026

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Contents

EX-99.2 · Compensation

Compensation

Net compensation expense was $17 millionfor the quarter, up 11% from $15.3 million for the quarter ended December 31, 2023 and $67.3 million on afull-year basis, up 10% from$61.2 million for theyear ended December 31, 2023. The increase in the quarter and on a full-year basis was primarily due to increased Annual Incentive Program ("AIP")accruals on higher net fee generation. Our net compensation ratio was 44% in the quarter (December 31, 2023 - 47%) and 45% on a full-year basis (December 31, 2023 - 49%).

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