Corporate Governance

Sound corporate governance is the foundation of Sherritt’s success and is essential to promoting and protecting the interests of our shareholders. Our Board oversees Sherritt’s governance framework, with support from the Nominating and Corporate Governance Committee, to ensure transparency, accountability, and adherence to the highest ethical standards.

Board Mandate

Our Board is committed to fair and accurate reporting, including financial reporting, to shareholders and other stakeholders. It also promotes ethical and legal corporate conduct through a robust system of governance, internal controls and disclosure practices. Our Board believes that Sherritt is best served by a governance model that ensures directors are informed, engaged, and independent from management.

Sherritt is in full compliance with governance best practices that call for the majority of directors to be independent and unrelated. Sherritt’s Board is composed of six members all of whom are unrelated and independent directors except for the President and Chief Executive Officer in adherence with the current TSX and OSC guidelines. The Chair of the Board is an independent director and is responsible for leading and managing the Board in discharging its responsibilities.

The Board of Directors is responsible for overseeing the management of the business.

Board Committees

The Board executes its responsibilities through four committees:

Chair of the Board: Sir Richard Lapthorne – Effective June 26, 2019

Charters

Audit Committee

  • Shelley Brown (Chair) Effective August 6, 2024
  • Steven Goldman
  • Sir Richard Lapthorne

Human Resources

  • Louise Blais (Chair) – Effective October 30, 2024
  • Steven Goldman
  • Chih-Ting Lo

Nominating and Corporate Governance Committee

  • Sir Richard Lapthorne (Chair) – Effective May 23, 2013
  • Louise Blais
  • Shelley Brown
  • Steven Goldman
  • Peter Hancock
  • Chih-Ting Lo

Reserves, Operations and Capital Committee

  • Peter Hancock (Chair) – Effective March 1, 2022
  • Shelley Brown
  • Chih-Ting Lo

Certificate of Arrangement

Continuous By-Law

Comments, observations and suggestions are taken seriously and are reviewed by Sherritt’s Chief Internal Auditor. Please direct your concern to:

Chief Internal Auditor
Sherritt International Corporation
22 Adelaide Street West
Suite 4220
Toronto ON
M5H 4E3
1 (800) 704-6698 (toll free within North America)
+1 (416) 924-4551 (outside North America)

Employees who would like to report a concern are encouraged to contact:

a) Their immediate supervisor or a manager;
b) Human Resources;
c) Sherritt’s Chief Internal Auditor; 
d) 1 (866) 840-8702 (toll free within North America or +1 (416) 386-5397 (outside of North America); or
e) http://www.clearviewconnects.com/