Sherritt reports shareholder meeting results, board appointments and committee updates

On June 10, 2025, Sherritt International Corporation (“Sherritt”) announced the voting results of its 2025 Annual and Special Meeting of Shareholders held June 10, 2025 (the “Meeting”) in which the majority of the votes were cast in favour of all items of business put forth, including the re-appointment of Deloitte LLP as external auditors, amendments to Sherritt’s stock option plan and the non-binding advisory resolution known as “Say on Pay.”

It also announced that each of the six director nominees standing for election were elected as a director of Sherritt to serve until the next annual general meeting or until a successor is elected or appointed.

Following the meeting, the Board appointed John Ewing as a director of Sherritt, to fill a vacancy resulting from the retirement of Sir Richard Lapthorne, announced June 9, 2025, bringing the total number of directors to seven. John Ewing is the nominee of Sherritt shareholder Ewing Morris & Co. Investment Partners Ltd. (“Ewing Morris”), which owns approximately 8.07% of the post-dilution issued and outstanding shares of Sherritt.

The Board intends to continue the Board renewal process with the appointment of at least one additional independent director, preferably with mining engineering expertise and the potential to assume a leadership position on the Board, by December 31, 2025.

Sherritt shareholders SC2 Inc. (“SC2”) and Ewing Morris expressed their alignment with Sherritt’s ongoing Board renewal process and committed to supporting Sherritt’s director nominees through the 2026 annual meeting of shareholders.

Further information can be found on Business Wire’s website.

Sherritt is a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt – metals deemed critical for the energy transition.