Sherritt International Corporation (“Sherritt” or the “Corporation”) receives voting results from its registrar and transfer agent, TSX Trust Company (“TSX Trust”). Sherritt has been advised by TSX Trust, that, due to a proxy tabulation error, certain voting results previously reported for Resolutions 2 and 3, as well as for select director nominees under Resolution 4, at the Corporation’s Annual and Special Meeting of Shareholders held on June 10, 2025, were inaccurate. TSX Trust has provided corrected voting results which are set out below.
2025 Annual and Special Meeting of Shareholders Voting Results
Set out below are the results of each of the matters voted on at the Annual and Special Meeting of Shareholders of Sherritt held on June 10, 2025 (the “Meeting”), and in accordance with section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations. Each matter is described in greater detail in the Corporation’s Notice of Annual and Special Meeting of Shareholders and Management Information Circular dated April 29, 2025 (the “Circular”) that was made available to shareholders prior to the Meeting.
A total of 283,623,833 common shares or 57.15% of Sherritt’s issued and outstanding common shares were represented in person or by proxy at the Meeting.
Resolution #1: Appointment of Auditors
Shareholders approved the appointment of Deloitte LLP, Chartered Professional Accountants, as auditors of the Corporation.
| Total Votes For | % for | Total Votes Withheld | % Withheld |
| 270,678,875 | 95.50% | 12,761,639 | 4.50% |
Resolution #2: Stock Option Plan Amendment
Shareholders approved the Stock Option Plan to increase the maximum number of common shares of the Corporation that can be issued under the plan to 15,000,000 shares.
| Total Votes For | % for | Total Votes Against | % Against |
| 204,027,155 | 72.69% | 76,665,503 | 27.31% |
Resolution #3: Say-On-Pay
A non-binding advisory resolution more commonly known as “Say-On-Pay” was passed, accepting the approach to executive compensation as disclosed in the Circular.
| Total Votes For | % for | Total Votes Against | % Against |
| 208,657,949 | 74.34% | 72,034,709 | 25.66% |
Resolution #4: Election of Directors
Each of the six director nominees standing for election was elected as a director of Sherritt to serve until the next annual general meeting of the Corporation or until his or her successor is elected or appointed:
| Nominee | Total Votes For | % for | Total Votes Against | % Against |
| Leon Binedell | 236,165,228 | 84.14% | 44,527,430 | 15.86% |
| Louise Blais | 234,799,706 | 83.65% | 45,892,952 | 16.35% |
| Shelley Brown | 235,018,111 | 83.73% | 45,674,547 | 16.27% |
| Dr. Peter Hancock | 204,662,480 | 72.91% | 76,030,178 | 27.09% |
| Chih-Ting Lo | 204,648,355 | 72.91% | 76,044,303 | 27.09% |
| Richard Moat | 258,056,759 | 91.94% | 22,635,899 | 8.06% |