Sherritt Appoints Shelley Brown to its Board of Directors

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Sherritt Appoints Shelley Brown to its Board of Directors

TORONTO, August 6, 2024 – Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) is

pleased to announce the appointment of Shelley Brown to its Board of Directors effective today. Ms.

Brown’s appointment and significant experience will provide a seamless succession following the

resignation of Anna Ladd-Kruger who is reducing her board commitments in order to take up full time study

at the University of British Columbia.

“We are delighted to have Shelley join our Board ,” commented Sir Richard Lapthorne, Chair of Sherritt’s

Board of Directors . “ With her distinguished career, marked by considerable accomplishments and

numerous accolades, Shelley will be an invaluable addition to Sherritt’s Board.”

Sir Richard Lapthorne , continued, “In addition, I would like to thank Anna for her contribution s to Sherritt

and wish her every success in her academic endeavours.”

Ms. Brown brings considerable experience to Sherritt’s Board. As a Senior Audit Partner with Deloitte LLP

she worked with a number of the firm’s major audit clients including multi -national mining and oil and gas

companies listed in both Canada and the U.S. During her time in public practice, she served as the Director

for Audit Services in Saskatchewan and also as Regional Managing Partner in Saskatchewan. Ms. Brown

has over 30 years of board experience including serving on the board s of Stantec Incorporated and Inter

Pipeline Limited. She previously served as the Chair of the Canadian Institute of Chartered Accountants.

In 2013, she was appointed as the first Chair of CPA Canada. Ms. Brown is the recipient of numerous

awards recognizing her accomplished career including receiving Lifetime Achievement Awards from the

CPA Institutes of British Columbia and Saskatchewan and in 2018, she was named as a member of the

Order of Canada for her contributions to her profession and her community.

About Sherritt International

Sherritt is a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt – metals

deemed critical for the energy transition. Sherritt’s Moa Joint Venture has a current estimated mine life of

25 years and has embarked on an expa nsion program focused on increasing annual mixed sulphide

precipitate production by approximately 20% of contained nickel and cobalt. The Corporation’s Power

division, through its ownership in Energas S.A., is the largest independent energy producer in Cub a with

installed electrical generating capacity of 506 MW, representing approximately 10% of the national electrical

generating capacity in Cuba. The Energas facilities are comprised of two combined cycle plants that

produce low-cost electricity from one o f the lowest carbon emitting sources of power in Cuba. Sherritt’s

common shares are listed on the Toronto Stock Exchange under the symbol “S”.

For further information, please contact:

Tom Halton

Director, Investor Relations and Corporate Affairs

Email: [email protected]

Telephone: (416) 935-2451

www.sherritt.com