SPROTT INC.
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
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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 Feb 19, 2026
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Contents
EX-99.1 · External Auditor Fees
External Auditor Fees
KPMG LLP was appointed as the Corporation's auditors effective January 1, 2016.
For the fiscal years ended December 31, 2025 and December 31, 2024, the fees received and accrued by KPMG LLP are summarized below for each category:
| Service(1) | Fees Incurred | Fees Incurred |
|---|---|---|
| 2025 | 2024 | |
| Audit Fees | $990,360 | $858,140 |
| Audit-Related Fees | $— | $— |
| Tax Fees(2) | $44,453 | $67,473 |
| All Other Fees | $— | $— |
| Total Fees (3) | $1,034,813 | $925,613 |
Notes:
(1)Fees do not include any fees related to services provided with respect to the funds managed by the Corporation. Fees for services related to the funds include: Audit and Audit-Related Fees - $2,260,990 (2024 - $2,271,898), Tax Fees - $826,546 (2024 - $524,346).
(2)Tax services include tax compliance and direct and indirect tax advisory services.
(3)Fees paid in CAD$ have been converted to U.S. dollars based on the average FX rate in the year.
| 2025 · 2024 | ||||
|---|---|---|---|---|
| Non-audit and non-audit related services · Percentage of total fees · Non-audit and non-audit related services · Percentage of total fees | ||||
| Maximum allowable (per Sprott policy) | $517,407 | 50% * | $462,807 | 50% |
| Actual | $44,453 | 4% | $67,473 | 7% |
*Glass Lewis recommends that non-audit and non-audit related services should not exceed 67% of total external audit fees
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