Sherritt International Corporation
2021  ESG Report
Published on  September 30, 2022
Sherritt International Corporation (‘Sherritt’ or ‘the Corporation’) is a world leader in the mining and refining of nickel and cobalt. Its Technologies Group creates innovative, proprietary solutions for natural resource-based industries around the world to increase economic value and improve environmental performance. Sherritt’s strategic priority is to maintain a leadership position as a low-cost producer of finished nickel and cobalt, maximizing finished production and free cash flow while achieving peer-leading performance in environmental, health, safety and sustainability. The common shares of the Corporation are listed on the Toronto Stock Exchange under the symbol “S”.

Sherritt has a 50/50 partnership with General Nickel Company S.A. (GNC) of Cuba in the Moa Joint Venture. The Moa Joint Venture mines, processes and refines nickel and cobalt for sale worldwide, except in the United States. The Moa Joint Venture is a vertically-integrated joint venture that mines lateritic ore by open pit methods and processes them at its facilities at Moa, Cuba into mixed sulphides containing nickel and cobalt. The mixed sulphides are then transported to refining facilities in Fort Saskatchewan, Alberta (the Fort Site). The Fort Site facilities provides inputs (ammonia, sulphuric acid and utilities) for the Moa Joint Venture metals refinery. Sherritt also has 100% ownership over the production of agricultural fertilizer, which is a byproduct of mineral production. Nickel and cobalt products from the joint venture are sold to various markets, primarily in Europe, Japan and China. Marketing and sales of the nickel and cobalt processes are supported by Sherritt’s wholly-owned corporation, based out of satellite offices in the Bahamas.  

Sherritt also has a wholly-owned Oil and Gas division that explores for and produces oil and gas primarily from reservoirs in close proximity to the coastline along the north coast of Cuba. Additionally, Sherritt retains a 33% share in Energas S.A. (Energas), which is a joint venture established to process raw natural gas and generate electricity for sale to the Cuban national electrical grid. Cuban government agencies Unión Eléctrica (UNE) and Unión Cubapetróleo (CUPET) hold the remaining two-thirds interest in Energas.
Disclaimer and Forward Looking Statements
Company Profile
Organizational Profile
Name Sherritt International Corporation
Describe nature of activities, brands, products and services Sherritt is a world leader in the mining and
refining of nickel and cobalt - metals essential
for the growing adoption of electric vehicles. Its
Technologies Group creates innovative,
proprietary solutions for oil and mining
companies around the world to improve
environmental performance and increase
economic value. Sherritt is also the largest
independent energy producer in Cuba.
Link to Corporate Website https://www.sherritt.
com/English/Home/default.aspx
Industry Classification NAICS:
21223 Copper, nickel, lead and zinc ore mining
21229 Other metal ore mining
21311 Support activities for mining, and oil and
gas extraction
Market Capitalization $100 Million up to $1 Billion USD
Type of Operations Primarily production oriented
Company Headquarters Toronto, Canada
ESG Accountability
Role and Name of highest authority within company for Environment, Social and Governance strategy, programs and performance Leon Binedell, CEO and President
ESG Reporting Period
Unless otherwise noted, all data contained in this report covers the following period
From 2021-01-01
To 2021-12-31
Geographic Scope of Report
Unless otherwise noted, the data in this report covers ESG matters related to the following locations of operations
   •  Canada
   •  Cuba
Identify notable exclusions, and reference any existing or planned reports that do or will address these (e.g, assets recently divested or acquired, non-managed joint ventures, specific exploration activities, recently closed sites, etc.) For the 2021 reporting period, we are focusing
our disclosure on the Oil and Gas Production
unit (OGP), the Fort Site Production unit (Fort
Site) and our operations in the MOA nickel and
cobalt joint venture with General Nickel
Company S.A. (GNC) of Cuba.

Unless otherwise indicated, all data reported
correspond to these three operational units.  

Data on our corporate offices worldwide and
our technology and commercial business unit
incorporated into the repot will be specified as
part of the disclosure.
Fragile and Conflict-Affected Situations
Identify all of the entity's countries of operations that align with the World Bank's list of "Fragile and Conflict-Affected Situations" None
Business Operations Scope of Report
Identify notable exclusions, and reference any existing or planned reports that do or will address these (e.g, assets recently divested or acquired, non-managed joint ventures, specific exploration activities, recently closed sites, etc.) In 2019 due to Sherritt’s reduced ownership
status and limited operational influence the
Ambatovy Joint Venture was deemed
nonmaterial for Sherritt’s sustainability
disclosures. As of  2020 Sherritt exited the
Ambatovy Joint Venture and no longer has any
interest or exposure to this operation.  All
references to Ambatovy have been removed in
this public disclosure. This will align Sherritt’s
Sustainability Report with financial and other
reporting.
Currency
Unless otherwise noted, all financial figures referenced in this report are in the following currency CAD
Audit Status
Identify the degree to which any inputs of the report are third-party checked A mix of Self-Declared and Third-Party
Checked
If a third-party auditor is involved, identify the type of entity Accountant
If a third-party auditor is involved, identify the corporate name of the entity Deloitte LLP
If a third-party auditor is involved, identify the inputs that were audited Review and verification of consolidated
financial statements of Sherritt, which
comprise the consolidated statements of
financial position as at December 31, 2021 and
2020, and the consolidated statements of
comprehensive income (loss), changes in
shareholders’ equity and cash flows for the
years then ended, and notes to the
consolidated financial statements, including a
summary of significant accounting policies
(collectively referred to as the “financial
statements”).
Reporting Practice
Provide a list of all entities included in the organization’s consolidated financial statements or equivalent documents Refer to the 2021 Annual Information Form
and 2021 Sustainability Report.
Report whether any entity included in the organization’s consolidated financial statements or equivalent documents is not covered by the report Not applicable
Provide an explanation of the process for defining the report content and the topic boundaries Refer to 2021 Sustainability Report.
Provide an explanation of how the organization has implemented the Reporting Principles for defining report content Refer to 2021 Sustainability Report.
Provide a list of the material topics identified in the process for defining report content General Disclosure
Refer to 2021 Sustainability Report.
Report significant changes from previous reporting periods in the list of material topics and topic Boundaries For this year’s report, we undertook a more
systematic approach to our materiality
assessment, which resulted in some changes to
our scoring of material topics in previous years,
including 2020. A description of the more
rigorous methodology applied is available in
our 2021 Sustainability Report.
If applicable, report the date of the most recent previous report 2020-12-31
Provide the contact point for questions regarding the report or its contents sustainability@sherritt.com
Choose the statement as to whether the organization has chosen the CORE or COMPREHENSIVE options in preparing the GRI aligned report This report has been prepared in accordance
with the GRI Standards: Comprehensive option
If the report has been externally assured, provide
Raw Material Produced
Identify the total amount of each raw material produced 71.563
Fossil Fuel 38.566
Natural Gas (tonne or tonne of oil equivalent (toe)) 19.070
Liquid Petroleum Gas (LPG) (tonne) 19.496
Nuclear Fuel 0.000
Gemstones 0.000
Metals 32.997
Cobalt (Co) (tonne) 3.475
Nickel (Ni) (tonne) 29.522
Aggregate 0.000
Finished Product for Sale
Identify the total amount of each finished product for sale 73.276
Fossil Fuel 38.566
Natural Gas (tonne or tonne of oil equivalent (toe)) 19.070
Liquid Petroleum Gas (LPG) (tonne) 19.496
Nuclear Fuel 0.000
Gemstones 0.000
Metals 34.710
Cobalt (Co) (tonne) 3.526
Nickel (Ni) (tonne) 31.184
Aggregate 0.000
Organizational Profile
Provide a list of externally-developed economic, environmental and social charters, principles, or other initiatives to which the organization subscribes, or which it endorses, e.g., GRI, UN Global Compact Refer to 2021 Sustainability Report.
Strategy
Provide a statement from the most senior decision-maker of the organization (i.e., CEO, chair, or equivalent senior position) about the relevance of sustainability to the organization and its strategy for addressing sustainability (CEO's message for this report) Refer to 2021 Sustainability Report.
Provide a description of key impacts, risks, and opportunities, Refer to 2021 Annual Information Form.
Ethics and Integrity
Provide a description of the organization’s values, principles, standards, and norms of behaviour Refer to 2021 Sustainability Report.
a. Describe internal and external mechanisms for
i. Seeking advice about ethical and lawful behaviour, and organizational integrity Sherritt has a Whistleblower Policy that
indicates that any person submitting a
reportable concern may choose to do so
anonymously and confidentially through the
Whistleblower Hotline maintained by the
Corporation’s designated external service
provider. Reportable concerns may be
submitted by any of the Corporation’s
stakeholders including employees contractors
directors officers vendors and others.
ii. Reporting concerns about unethical or unlawful behavior, and organizational integrity Any individual who has a reportable concern or
grievance against Sherritt or any of its
subsidiaries,  can report their issue
anonymously and confidentially through the
following channels maintained by the
Corporation’s designated external
service provider:

1. Online: https://www.clearviewconnects.
com/home
2. Skype Audio Reporting: clearview-sherritt
3. Telephone:
• Toll-free (North America): +1-866-840-8702
• Long distance: +1-416-386-5397

For concerns related to the Fort Site in Fort
Saskatchewan, Alberta, please call +1-780-
992-7000.
Supply Chain
a. Provide a description of the organization’s supply chain, including its main elements as they relate to the organization’s activities, primary brands, products, and services Sherritt supplements (i.e. approximately 5%)
the feed at COREFCO with nickel and cobalt
produced by a select group of third-party
suppliers.

The Sherritt Responsible Production Supply
Policy identifies expectations of subsidiaries
and suppliers to the Moa JV to provide
responsibly sourced minerals and to implement
policies and management systems that are
aligned with OECD requirements and with
good industry practice. It was designed to
ensure that ethical, environmental and human
rights risks in our mineral supply chain are
identified and mitigated. Our approach will
support the identification, prevention and
mitigation of potentially adverse impacts that
could negatively impact people, the
environment or the company’s reputation.

Sherritt subsidiaries and the Moa JV are
incorporating responsible production and
supply requirements into the supply chain, and
the JV continues to refine and develop its
supply chain due diligence process.

Refer to the Sherritt Sustainability Website and
Report for more information.
a. Report on significant changes to the organization’s size, structure, ownership, or supply chain, including Not applicable for 2021.
Changes in Locations and Operations
i. Changes in the location of, or changes in, operations, including facility openings, closings, and expansions Not applicable for 2021.
Changes in Capital Structure
ii. Changes in the share capital structure and other capital formation, maintenance, and alteration operations (for private sector organizations) Not applicable for 2021.
Changes in Supply Chain
iii. Changes in the location of suppliers, the structure of the supply chain, or relationships with suppliers, including selection and termination Not applicable for 2021.
Precautionary Principle
a. Report whether and how the organization applies the Precautionary Principle or approach Sherritt understands that mining and energy
production disturb the natural environment.
Accordingly, our overarching approach is to
avoid environmental impacts wherever we
reasonably can, and minimize, manage and
remediate any remaining impacts.
Membership of Associations
List of the major memberships of industry or other associations, and national or international advocacy organizations Refer to the 2021 Sustainability Report.
Material Topics
Governance of Material Topics
ii. How has the organization prioritized the impacts for reporting based on their significance For a full disclosure of Sherritt's material topics
please see the 2021 sustainability report.
Material Topics - Sherritt
Governance of Material Topics
A description of the grievance mechanism, if the management approach includes such mechanism Sherritt has a grievance management standard.

The mechanism is confidential, independent,
easily accessible to all community members,
allows for anonymity and does not create
internal conflict of interest or risk of
retribution.

It does not preclude complainants from
accessing other sources of remedy if they are
dissatisfied with the outcome.

Grievances are defined and a severity-
classification framework is in place.

Site-level and Corporate senior management is
responsible for the grievance management
system.

The mechanism includes the tracking,
investigation and resolution of grievances.
Grievance Mechanism: Ownership of the mechanism The mechanism is owned by the Sustainability
function.
Grievance Mechanism: The purpose of the mechanism and its relationship to other grievance mechanisms The purpose of the mechanism is to build trust-
based relationships with stakeholders and
maintain the Corporation's social license to
operate.

All subsidiary and site-level grievance
mechanisms are aligned with Sherritt's
standard.

In Cuba, a local mechanism exists that is aligned
with local laws
Grievance Mechanism: The organization’s activities that are covered by the mechanism All of the organization's activities are covered
by the mechanism, including mineral
production and supply, employee conduct.
Grievance Mechanism: The intended users of the mechanism Anonymous and protected reporting of
allegations of misconduct and breaches of
Sherritt's values and ethics standards.

Grievances can be raised by internal and
external stakeholders from anywhere in the
value chain.
Grievance Mechanism: How the mechanism is managed Grievances are managed by an independent
third party mechanism.
Grievance Mechanism: The process to address and resolve grievances, including how decisions are made The process to address and resolve grievances
includes:

1. Formal capture and assessment  (by severity)
of all received grievances in a single, central
location or database.

2. Confirmation of receipt of the grievance.

3. Communication with the  complainant
regarding the status of the grievance.

4. Tracking and investigative processes for
managing received grievances based on
severity.

5. Identification of root causes and contributing
factors, and corrective actions to remedy a
grievance where Sherritt is found responsible
for the impact, ensuring consistent remedy for
similar grievances.

6. Allowance for third-party investigations, if
appropriate.
Grievance Mechanism: The effectiveness criteria used Sherritt's grievance standard includes:

1. Periodic assessment of the effectiveness of
the process, taking into consideration both
Sherritt’s and stakeholders’ perspectives.

2. Routine reporting on the nature and
resolution of grievances to site-level senior
management
Environment
Compliance - OGP
a. Report fines and non-monetary sanctions for non-compliance with environmental laws and/or regulations in terms of
i. Total monetary value of significant fines 0
ii. Total number of non-monetary sanctions 0
iii. Cases brought through dispute resolution mechanisms 0
b. If the organization is in compliance with environmental laws and/or regulations, a brief statement if this fact is sufficient CICA Audit completed. CICA is the
Environmental Inspection and Control Center
representative for Cuba.
Compliance - Fort Site
a. Report fines and non-monetary sanctions for non-compliance with environmental laws and/or regulations in terms of
i. Total monetary value of significant fines 0
ii. Total number of non-monetary sanctions 0
iii. Cases brought through dispute resolution mechanisms 0
b. If the organization is in compliance with environmental laws and/or regulations, a brief statement if this fact is sufficient Fort Site is in compliance with all
environmental laws and regulations.
Compliance - MOA Nickel Site
a. Report fines and non-monetary sanctions for non-compliance with environmental laws and/or regulations in terms of
i. Total monetary value of significant fines 0
ii. Total number of non-monetary sanctions 0
iii. Cases brought through dispute resolution mechanisms 0
b. If the organization is in compliance with environmental laws and/or regulations, a brief statement if this fact is sufficient The MOA Nickel site was in  compliance with all
environmental laws and/or regulations in 2021.
Compliance - Sherritt
a. Report fines and non-monetary sanctions for non-compliance with environmental laws and/or regulations in terms of
i. Total monetary value of significant fines 0


Data Table - Non-Compliance With
Environmental Laws and Regulations
ii. Total number of non-monetary sanctions 0
iii. Cases brought through dispute resolution mechanisms 0
b. If the organization is in compliance with environmental laws and/or regulations, a brief statement if this fact is sufficient All operations are in compliance with
environmental laws and/or regulations.


Data Table - Non-Compliance With
Environmental Laws and Regulations
Greenhouse Gas Emissions - OGP
Scope 1
For your operations, disclose the gross global Scope1 greenhouse gas (GHG) emissions to the atmosphere of the seven GHGs covered under the Kyoto Protocol (tonne CO₂-e)
Carbon dioxide (CO₂) (tonne CO₂-e) 894,631.102
Methane (CH₄) (tonne CO₂-e) 2.025
Nitrous oxide (N₂O) (tonne CO₂-e) 1,182,574.260
Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) 0.000
Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) 0.000
Sulphur hexafluoride (SF₆) (tonne CO₂-e) 0.000
Nitrogen trifluoride (NF₃) (tonne CO₂-e) 0.000
Perfluoromethane (CF₄) (tonne CO₂-e) 0.000
Perfluoroethane (C₂F₆) (tonne CO₂-e) 0.000
Perfluorobutane (C₄F₁₀) (tonne CO₂-e) 0.000
Perfluorohexane (C₆F₁₄) (tonne CO₂-e) 0.000
The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) 2,077,207.387
Discuss any change in its emissions from the previous reporting period, including whether the change was due to emissions reductions, divestment, acquisition, mergers, changes in output, and/or changes in calculation methodology In previous reporting years, Nitrous Oxide was
not included as a CO2e, but rather reported as
KGs of NOx emitted. Additionally, 2021 is the
first year the Oil and Gas operations were
included in reporting. These methodological
changes have influenced the increase in CO2e
reported in 2021 from past years. For clarity, a
material increase in CO2e did not occur
between 2020 and 2021.
The entity may discuss the calculation methodology for its emissions disclosure, such as if data are from continuous emissions monitoring systems (CEMS), engineering calculations, or mass balance calculations Engineering Calculation
Greenhouse Gas Emissions - Fort Site
Scope 1
For your operations, disclose the gross global Scope1 greenhouse gas (GHG) emissions to the atmosphere of the seven GHGs covered under the Kyoto Protocol (tonne CO₂-e)
Carbon dioxide (CO₂) (tonne CO₂-e) 343,642.000
Methane (CH₄) (tonne CO₂-e) 0.000
Nitrous oxide (N₂O) (tonne CO₂-e) 0.000
Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) 0.000
Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) 0.000
Sulphur hexafluoride (SF₆) (tonne CO₂-e) 0.000
Nitrogen trifluoride (NF₃) (tonne CO₂-e) 0.000
Perfluoromethane (CF₄) (tonne CO₂-e) 0.000
Perfluoroethane (C₂F₆) (tonne CO₂-e) 0.000
Perfluorobutane (C₄F₁₀) (tonne CO₂-e) 0.000
Perfluorohexane (C₆F₁₄) (tonne CO₂-e) 0.000
The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) 343,642.000
Discuss any change in its emissions from the previous reporting period, including whether the change was due to emissions reductions, divestment, acquisition, mergers, changes in output, and/or changes in calculation methodology No significant changes.
The entity may discuss the calculation methodology for its emissions disclosure, such as if data are from continuous emissions monitoring systems (CEMS), engineering calculations, or mass balance calculations Engineering calculations and emissions factors
are used per Alberta Environment guidance.
Greenhouse Gas Emissions - MOA Nickel Site
Scope 1
For your operations, disclose the gross global Scope1 greenhouse gas (GHG) emissions to the atmosphere of the seven GHGs covered under the Kyoto Protocol (tonne CO₂-e)
Carbon dioxide (CO₂) (tonne CO₂-e) 598,079.884
Methane (CH₄) (tonne CO₂-e) 0.000
Nitrous oxide (N₂O) (tonne CO₂-e) 0.000
Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) 0.000
Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) 0.000
Sulphur hexafluoride (SF₆) (tonne CO₂-e) 0.000
Nitrogen trifluoride (NF₃) (tonne CO₂-e) 0.000
Perfluoromethane (CF₄) (tonne CO₂-e) 0.000
Perfluoroethane (C₂F₆) (tonne CO₂-e) 0.000
Perfluorobutane (C₄F₁₀) (tonne CO₂-e) 0.000
Perfluorohexane (C₆F₁₄) (tonne CO₂-e) 0.000
The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) 598,079.884
Discuss any change in its emissions from the previous reporting period, including whether the change was due to emissions reductions, divestment, acquisition, mergers, changes in output, and/or changes in calculation methodology No significant changes.
Greenhouse Gas Emissions - Sherritt
Scope 1
For your operations, disclose the gross global Scope1 greenhouse gas (GHG) emissions to the atmosphere of the seven GHGs covered under the Kyoto Protocol (tonne CO₂-e)
Carbon dioxide (CO₂) (tonne CO₂-e) 1,836,352.986
Methane (CH₄) (tonne CO₂-e) 2.025
Nitrous oxide (N₂O) (tonne CO₂-e) 1,182,574.260
Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) 0.000
Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) 0.000
Sulphur hexafluoride (SF₆) (tonne CO₂-e) 0.000
Nitrogen trifluoride (NF₃) (tonne CO₂-e) 0.000
Perfluoromethane (CF₄) (tonne CO₂-e) 0.000
Perfluoroethane (C₂F₆) (tonne CO₂-e) 0.000
Perfluorobutane (C₄F₁₀) (tonne CO₂-e) 0.000
Perfluorohexane (C₆F₁₄) (tonne CO₂-e) 0.000
The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) 3,018,929.271


Data Table - Direct (Scope 1) GHG Emissions
Discuss any change in its emissions from the previous reporting period, including whether the change was due to emissions reductions, divestment, acquisition, mergers, changes in output, and/or changes in calculation methodology OGP division applied a new methodology in
2021 as discussed above. No other sites have a
new methodology to report.
The entity may, where relevant, provide a breakdown of its emissions by mineral or business unit Please see details below on how proportion of
GHG emissions were reported concerning joint
ventures and partnerships where Sherritt does
not own 100% of each business unit
responsible for emissions:
In opting to facilitate this disclosure on our
partner’s behalf, the total emissions attributed
to Sherritt are overrepresented.  The total of
Scope 1  that can be attributed to Sherritt are
50% for the Moa and Fort Sites combined, and
33% for the OGP due to the level of ownership
by Sherritt in each joint venture. Furthermore,
any analysis conducted to assess the emission
intensities of Sherritt’s businesses or product,
should consider that the Sherritt’s metals
business is comprised of the Fort and Moa
Nickel sites and the OGP business is comprised
of various other sites. Production totals for
each separate business should be used to
calculate emissions intensities.  

Data provided here is based on best available
information recorded and reported by the
operations.
The entity shall discuss its long-term and short-term strategy or plan to manage its Scope 1 greenhouse gas (GHG) emissions Refer to 2021 Sustainability Report.
Greenhouse Gas Emissions - OGP
Scope 2
Disclose the gross location-based energy indirect (Scope 2) global greenhouse gas (GHG) emissions to the atmosphere (tonne CO₂-e):
Carbon dioxide (CO₂) (tonne CO₂-e) 17,138.000
Methane (CH₄) (tonne CO₂-e) 0.000
Nitrous oxide (N₂O) (tonne CO₂-e) 0.000
Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) 0.000
Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) 0.000
Sulphur hexafluoride (SF₆) (tonne CO₂-e) 0.000
Nitrogen trifluoride (NF₃) (tonne CO₂-e) 0.000
Perfluoromethane (CF₄) (tonne CO₂-e) 0.000
Perfluoroethane (C₂F₆) (tonne CO₂-e) 0.000
Perfluorobutane (C₄F₁₀) (tonne CO₂-e) 0.000
Perfluorohexane (C₆F₁₄) (tonne CO₂-e) 0.000
The total amount of gross global Scope 2 GHG emissions (CO₂-e) (tonne) 17,138.000
Greenhouse Gas Emissions - Fort Site
Scope 2
Disclose the gross location-based energy indirect (Scope 2) global greenhouse gas (GHG) emissions to the atmosphere (tonne CO₂-e):
Carbon dioxide (CO₂) (tonne CO₂-e) 55,959.000
Methane (CH₄) (tonne CO₂-e) 0.000
Nitrous oxide (N₂O) (tonne CO₂-e) 0.000
Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) 0.000
Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) 0.000
Sulphur hexafluoride (SF₆) (tonne CO₂-e) 0.000
Nitrogen trifluoride (NF₃) (tonne CO₂-e) 0.000
Perfluoromethane (CF₄) (tonne CO₂-e) 0.000
Perfluoroethane (C₂F₆) (tonne CO₂-e) 0.000
Perfluorobutane (C₄F₁₀) (tonne CO₂-e) 0.000
Perfluorohexane (C₆F₁₄) (tonne CO₂-e) 0.000
The total amount of gross global Scope 2 GHG emissions (CO₂-e) (tonne) 55,959.000
Greenhouse Gas Emissions - MOA Nickel Site
Scope 2
Disclose the gross location-based energy indirect (Scope 2) global greenhouse gas (GHG) emissions to the atmosphere (tonne CO₂-e):
Carbon dioxide (CO₂) (tonne CO₂-e) 67,163.000
Methane (CH₄) (tonne CO₂-e) 0.000
Nitrous oxide (N₂O) (tonne CO₂-e) 0.000
Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) 0.000
Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) 0.000
Sulphur hexafluoride (SF₆) (tonne CO₂-e) 0.000
Nitrogen trifluoride (NF₃) (tonne CO₂-e) 0.000
Perfluoromethane (CF₄) (tonne CO₂-e) 0.000
Perfluoroethane (C₂F₆) (tonne CO₂-e) 0.000
Perfluorobutane (C₄F₁₀) (tonne CO₂-e) 0.000
Perfluorohexane (C₆F₁₄) (tonne CO₂-e) 0.000
The total amount of gross global Scope 2 GHG emissions (CO₂-e) (tonne) 67,163.000
Greenhouse Gas Emissions - Sherritt
Scope 2
Disclose the gross location-based energy indirect (Scope 2) global greenhouse gas (GHG) emissions to the atmosphere (tonne CO₂-e):
Carbon dioxide (CO₂) (tonne CO₂-e) 140,260.000
Methane (CH₄) (tonne CO₂-e) 0.000
Nitrous oxide (N₂O) (tonne CO₂-e) 0.000
Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) 0.000
Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) 0.000
Sulphur hexafluoride (SF₆) (tonne CO₂-e) 0.000
Nitrogen trifluoride (NF₃) (tonne CO₂-e) 0.000
Perfluoromethane (CF₄) (tonne CO₂-e) 0.000
Perfluoroethane (C₂F₆) (tonne CO₂-e) 0.000
Perfluorobutane (C₄F₁₀) (tonne CO₂-e) 0.000
Perfluorohexane (C₆F₁₄) (tonne CO₂-e) 0.000
The total amount of gross global Scope 2 GHG emissions (CO₂-e) (tonne) 140,260.000
In opting to facilitate this disclosure on our
partner’s behalf, the total emissions attributed
to Sherritt are overrepresented.  The total of
Scope 2 emissions that can be attributed to
Sherritt are 50% for the Moa and Fort Sites
combined, and 33% for the OGP due to the
level of ownership by Sherritt in each joint
venture. Furthermore, any analysis conducted
to assess the emission intensities of Sherritt’s
businesses or product, should consider that the
Sherritt’s metals business is comprised of the
Fort and Moa Nickel sites and the OGP
business is comprised of various other sites.
Production totals for each separate business
should be used to calculate emissions
intensities.

Data Table - Energy Indirect (Scope 2) GHG
Emissions
Discussion of long-term and short-term strategy or plan to manage Scope2 emissions, emissions reduction targets, and an analysis of performance against those targets Refer to 2021 Sustainability Report.
Greenhouse Gas Emissions
Intensity Ratio
The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) 2,077,207.387
The total amount of gross global Scope 2 GHG emissions (CO₂-e) (tonne) 17,138.000
GHG emissions intensity ratio for the organization 0.000
The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) 343,642.000
The total amount of gross global Scope 2 GHG emissions (CO₂-e) (tonne) 55,959.000
GHG emissions intensity ratio for the organization 0.000
The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) 598,079.884
The total amount of gross global Scope 2 GHG emissions (CO₂-e) (tonne) 67,163.000
GHG emissions intensity ratio for the organization 0.000
The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) 0.000
The total amount of gross global Scope 2 GHG emissions (CO₂-e) (tonne) 0.000
GHG emissions intensity ratio for the organization 0.000
The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) 3,018,929.271
The total amount of gross global Scope 2 GHG emissions (CO₂-e) (tonne) 140,260.000
Greenhouse Gas Emissions - Sherritt
Reduction of GHG emissions
GHG emissions reduced as a direct result of reduction initiatives (in metric tonnes of CO2 equivalent) 0.000
Sherritt is currently in the process of
developing a detailed emission reduction road-
map for all of its major operating facilities and
assets that will ensure a comprehensive
approach to meeting emission reduction
targets. At present there are no large-scale
reduction initiatives to report.
Carbon Offset
Credits
What is the percentage of the offset to the total CO₂ equivalence 0.0000%
How much CO₂ (metric tonnes) offset credits were purchased? 0.000
Emissions
Emissions Management
Disclose the management approach regarding Emissions Refer to 2021 Sustainability Report.
Air Emissions - OGP
Report emissions of air pollutants that are released into the atmosphere
Emissions of carbon monoxide, reported as CO (tonne) 0.000
Emissions of oxides of nitrogen (NOx), reported as NOx (tonne) 3,968.009
Emissions of oxides of sulphur (SOx), reported as SOx (tonne) 30,793.000
The Varadero sulphur unit went offline July 25,
2020. It remained offline for the entirety of
2021. As a result, SOx emissions were released,
rather than being converted to sulphur for sale.
Subsequently SOx emissions reported are
higher than previous years.
Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne) 0.000
Emissions of lead and lead compounds, reported as Pb (tonne) 0.000
Emissions of mercury and mercury compounds, reported as Hg (tonne) 0.000
Emissions of non-methane Volatile Organic Compounds (VOCs) (tonne) 0.000
Air Emissions - Fort Site
Report emissions of air pollutants that are released into the atmosphere
Emissions of carbon monoxide, reported as CO (tonne) 219.187
Emissions of oxides of nitrogen (NOx), reported as NOx (tonne) 1,517.151
Emissions of oxides of sulphur (SOx), reported as SOx (tonne) 87.445
Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne) 111.369
Emissions of lead and lead compounds, reported as Pb (tonne) 0.000
Emissions of mercury and mercury compounds, reported as Hg (tonne) 0.000
Emissions of non-methane Volatile Organic Compounds (VOCs) (tonne) 10.085
Air Emissions - MOA Nickel Site
Report emissions of air pollutants that are released into the atmosphere
Emissions of carbon monoxide, reported as CO (tonne)
Information unavailable.
Emissions of oxides of nitrogen (NOx), reported as NOx (tonne) 1,467.000
Emissions of oxides of sulphur (SOx), reported as SOx (tonne) 12,654.000
Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne)
Information unavailable.
Emissions of lead and lead compounds, reported as Pb (tonne)
Information unavailable.
Emissions of mercury and mercury compounds, reported as Hg (tonne)
Information unavailable.
Emissions of non-methane Volatile Organic Compounds (VOCs) (tonne)
Information unavailable.
Air Emissions - Sherritt
Report emissions of air pollutants that are released into the atmosphere
Emissions of carbon monoxide, reported as CO (tonne) 219.187
Emissions of oxides of nitrogen (NOx), reported as NOx (tonne) 6,952.160
Emissions of oxides of sulphur (SOx), reported as SOx (tonne) 43,534.445
Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne) 111.369
Emissions of lead and lead compounds, reported as Pb (tonne) 0.000
Emissions of mercury and mercury compounds, reported as Hg (tonne) 0.000
Emissions of non-methane Volatile Organic Compounds (VOCs) (tonne) 10.085
Total air emissions reported for Oil and Gas
Production, Fort Site and MOA Nickel Site is
based on available information and/or on the
applicability of the indicator to the operation.
Energy Management - OGP
Total energy consumed in aggregate, in gigajoules (GJ) (hydrocarbons and electricity) including the fuel types used (e.g., biomass, hydro-electric power or bioenergy) 581,448.000
Percentage energy consumed that was supplied by grid electricity 32.3803%
Percentage of energy consumed that is renewable energy 0.0000%
Energy Management - Fort Site
Total energy consumed in aggregate, in gigajoules (GJ) (hydrocarbons and electricity) including the fuel types used (e.g., biomass, hydro-electric power or bioenergy) 5,222,000.000
Percentage energy consumed that was supplied by grid electricity 10.4264%
Percentage of energy consumed that is renewable energy 0.0000%
Energy Management - MOA Nickel Site
Total energy consumed in aggregate, in gigajoules (GJ) (hydrocarbons and electricity) including the fuel types used (e.g., biomass, hydro-electric power or bioenergy) 6,418,000.000
Percentage energy consumed that was supplied by grid electricity 4.1582%
Percentage of energy consumed that is renewable energy 0.0000%
Energy Management - Sherritt
Total energy consumed in aggregate, in gigajoules (GJ) (hydrocarbons and electricity) including the fuel types used (e.g., biomass, hydro-electric power or bioenergy) 12,221,448.000
Percentage energy consumed that was supplied by grid electricity 8.1791%
Percentage of energy consumed that is renewable energy 0.0000%
Energy Consumption - OGP
c. Report the energy consumed in gigajoules for the following :
Electricity consumption (gigajoules, GJ) 592,182.550
Heating consumption (gigajoules, GJ) 0.000
Cooling consumption (gigajoules, GJ) 0.000
Steam consumption (gigajoules, GJ) 0.000
d. Report energy sold in gigajoules and report the totals for each
Electricity sold (gigajoules, GJ) 4,991,882.000
Heating sold (gigajoules, GJ) 0.000
Cooling sold (gigajoules, GJ) 0.000
Steam sold (gigajoules, GJ) 0.000
Energy Consumption - Fort Site
c. Report the energy consumed in gigajoules for the following :
Electricity consumption (gigajoules, GJ) 544,464.000
Heating consumption (gigajoules, GJ) 0.000
Cooling consumption (gigajoules, GJ) 0.000
Steam consumption (gigajoules, GJ) 0.000
d. Report energy sold in gigajoules and report the totals for each
Electricity sold (gigajoules, GJ) 0.000
Heating sold (gigajoules, GJ) 0.000
Cooling sold (gigajoules, GJ) 0.000
Steam sold (gigajoules, GJ) 77,921.000
Energy Consumption - MOA Nickel Site
c. Report the energy consumed in gigajoules for the following :
Electricity consumption (gigajoules, GJ) 266,873.000
Heating consumption (gigajoules, GJ) 0.000
Cooling consumption (gigajoules, GJ) 0.000
Steam consumption (gigajoules, GJ) 4,530,000.000
d. Report energy sold in gigajoules and report the totals for each
Electricity sold (gigajoules, GJ) 0.000
Heating sold (gigajoules, GJ) 0.000
Cooling sold (gigajoules, GJ) 0.000
Steam sold (gigajoules, GJ) 0.000
Energy Consumption - Sherritt
c. Report the energy consumed in gigajoules for the following :
Electricity consumption (gigajoules, GJ) 1,403,519.550
Heating consumption (gigajoules, GJ) 0.000
Cooling consumption (gigajoules, GJ) 0.000
Steam consumption (gigajoules, GJ) 4,530,000.000
d. Report energy sold in gigajoules and report the totals for each
Electricity sold (gigajoules, GJ) 4,991,882.000
Heating sold (gigajoules, GJ) 0.000
Cooling sold (gigajoules, GJ) 0.000
Steam sold (gigajoules, GJ) 77,921.000
f. Report the standards, methodologies, assumptions, and/or calculation tools used Total energy consumption reported for Oil and
Gas Production, Fort Site and MOA Nickel Site
is based on available information and/or on the
applicability of the indicator to the operation.
Energy Intensity - OGP
The total energy consumption within the organization, in gigajoules 581,448.000
Energy Intensity - Fort Site
The total energy consumption within the organization, in gigajoules 5,222,000.000
Energy Intensity - MOA Nickel Site
The total energy consumption within the organization, in gigajoules 6,418,000.000
Energy Intensity - Sherritt
The total energy consumption within the organization, in gigajoules 12,221,448.000
Water - OGP
Efficiency
Proportion of water reused and recycled by the site to reduce the overall consumptive water demand Does Not Apply
Intensity
Total volume of water consumed per tonne/unit of material moved, ore mined, ore processed Does Not Apply
Water - Fort Site
Efficiency
Proportion of water reused and recycled by the site to reduce the overall consumptive water demand 23.1473%
Intensity
Total volume of water consumed per tonne/unit of material moved, ore mined, ore processed Does Not Apply
Water - MOA Nickel Site
Efficiency
Proportion of water reused and recycled by the site to reduce the overall consumptive water demand 34.9855%
Intensity
Total volume of water consumed per tonne/unit of material moved, ore mined, ore processed 0.3220%
Water - Sherritt
Efficiency
Proportion of water reused and recycled by the site to reduce the overall consumptive water demand 33.2639%
Intensity
Total volume of water consumed per tonne/unit of material moved, ore mined, ore processed 0.3327%
Data reported in this section is based on all
available information and/or on the
applicability of the indicator to the Oil and Gas
Production (OGP), Fort Site and the MOA
Nickel Site.
Water - OGP
Water Management
Disclose the amount of water that was withdrawn from freshwater sources (in thousands of cubic meters) 26,657.000
Power withdrew -  18000M3
OG withdrew - 8,657 m3

In 2021 we conducted a freshwater injection
into for maintenance of the aquifer below the
Varadero gas plant, which resulted in an
increase of freshwater withdrawn relative to
2020.
Analyze and list all operations for water risks and identify activities that withdraw and consume water in locations with High (40–80%) or Extremely High (>80%) Baseline Water Stress as classified by the World Resources Institute’s (WRI) Water Risk Atlas tool, Aqueduct Not applicable. Operations do not overlap with
locations classified as High or Extremely
High  Baseline Water Stress areas.
Water - Fort Site
Water Management
Disclose the amount of water that was withdrawn from freshwater sources (in thousands of cubic meters) 2,555.000
Analyze and list all operations for water risks and identify activities that withdraw and consume water in locations with High (40–80%) or Extremely High (>80%) Baseline Water Stress as classified by the World Resources Institute’s (WRI) Water Risk Atlas tool, Aqueduct Not applicable. Operations do not overlap with
locations classified as High or Extremely
High  Baseline Water Stress areas.
Water - MOA Nickel Site
Water Management
Disclose the amount of water that was withdrawn from freshwater sources (in thousands of cubic meters) 13,712.029
Analyze and list all operations for water risks and identify activities that withdraw and consume water in locations with High (40–80%) or Extremely High (>80%) Baseline Water Stress as classified by the World Resources Institute’s (WRI) Water Risk Atlas tool, Aqueduct Not applicable. Operations do not interact with
water bodies classified as being in high or
extremely high water stress locations.
Water - Sherritt
Water Management
Disclose the amount of water that was withdrawn from freshwater sources (in thousands of cubic meters) 42,924.029
Analyze and list all operations for water risks and identify activities that withdraw and consume water in locations with High (40–80%) or Extremely High (>80%) Baseline Water Stress as classified by the World Resources Institute’s (WRI) Water Risk Atlas tool, Aqueduct Not applicable. Operations do not interact with
water bodies classified as being in high or
extremely high water stress locations.
Disclose the freshwater withdrawn in locations with High or Extremely High Baseline Water Stress as a percentage of the total water withdrawn 0.0000%
Water - OGP
Water Management
Was your organization subject to any fines, enforcement orders, and/or other penalties for water-related regulatory violations No
Total number of instances of non-compliance, including violations of a technology-based standard and exceedances of quality-based standards 0
Water - Fort Site
Water Management
Was your organization subject to any fines, enforcement orders, and/or other penalties for water-related regulatory violations No
Total number of instances of non-compliance, including violations of a technology-based standard and exceedances of quality-based standards 0
Water - MOA Nickel Site
Water Management
Was your organization subject to any fines, enforcement orders, and/or other penalties for water-related regulatory violations No
Total number of instances of non-compliance, including violations of a technology-based standard and exceedances of quality-based standards 0
Water - Sherritt
Water Management
Was your organization subject to any fines, enforcement orders, and/or other penalties for water-related regulatory violations No
Total number of instances of non-compliance, including violations of a technology-based standard and exceedances of quality-based standards 0
Water and Effluents - Other
Water Discharge
Report any contextual information necessary to understand how the data was compiled, including standards, methodologies, and assumptions 6
Water and Effluents - Cuba
Water Discharge
Report any contextual information necessary to understand how the data was compiled, including standards, methodologies, and assumptions 2265
Water and Effluents - Canada
Water Discharge
Report any contextual information necessary to understand how the data was compiled, including standards, methodologies, and assumptions 651
Waste - OGP
Waste Generation and Significant Waste-Related Impacts
Report the total amounts generated of the following and associated risks (tonnes) 0.000
Overburden amount (tonnes) 0.000
Rock amount (tonnes) 0.000
Tailings amount (tonnes) 0.000
Sludges amount (tonnes) 0.000
Waste - Fort Site
Waste Generation and Significant Waste-Related Impacts
Report the total amounts generated of the following and associated risks (tonnes) 0.000
Overburden amount (tonnes) 0.000
Rock amount (tonnes) 0.000
Tailings amount (tonnes) 0.000
Sludges amount (tonnes) 0.000
Waste - MOA Nickel Site
Waste Generation and Significant Waste-Related Impacts
Report the total amounts generated of the following and associated risks (tonnes) 6,665,586.000
Overburden amount (tonnes) 3,497,581.000
Rock amount (tonnes) 108,117.000
Tailings amount (tonnes) 3,059,888.000
Sludges amount (tonnes) Information Unavailable
Waste - Sherritt
Waste Generation and Significant Waste-Related Impacts
i. Describe the inputs, activities, and outputs that lead or could lead to these impacts; Refer to 2021 Sustainability Report.
ii. Describe whether these impacts relate to waste generated in the organization’s own activities or to waste generated upstream or downstream in its value chain Refer to 2021 Sustainability Report.
Report the total amounts generated of the following and associated risks (tonnes) 6,665,586.000


Data Table - Total Amounts of Overburden,
Rock, Tailings and Sludge and Their Associated
Risks
Overburden amount (tonnes) 3,497,581.000
Rock amount (tonnes) 108,117.000
Tailings amount (tonnes) 3,059,888.000
Sludges amount (tonnes) 0.000
Reported value is based on available data and
applicability of disclosure. Note that this does
not include sludges from Moa Nickel, as
information was unavailable from this site.
Waste - OGP
Waste Generation and Significant Waste-Related Impacts
Describe the processes used to collect and monitor waste-related data Central Database populated with information
provided by internal parties.
Waste Generated
Report the total weight of waste generated (tonne) 9,663.800
Waste - Fort Site
Waste Generation and Significant Waste-Related Impacts
Describe the processes used to collect and monitor waste-related data An Environmental Advisor is responsible for
collecting, monitoring and tracking hazardous
and non-hazardous waste generated from the
Sherritt Fort Site.
Waste Generated
Report the total weight of waste generated (tonne) 4,167.000
Includes total hazardous (1895t) and non-
hazardous (2272t) but excludes recycled waste
(2721t).
Waste - MOA Nickel Site
Waste Generation and Significant Waste-Related Impacts
Describe the processes used to collect and monitor waste-related data The Environment Department monitors and
assists in the control and disposal of the waste.
Waste Generated
Report the total weight of waste generated (tonne) 7,825.000
Waste - Sherritt
Waste Generated
Report the total weight of waste generated (tonne) 21,655.800
Effluents and Waste - Sherritt
Significant Spills
The reporting organization shall report the following information
a. Total number of recorded significant spills 0


Data Table - Significant Spills
Oil spills 0
Fuel spills 0
Spills of wastes 0
Spills of chemicals 0
Other, as specified by the organization 0
Significant spills are those that are included in
the organization's financial statements, for
example due to resulting liabilities, or are
recorded as spills by the organization.
Waste Management - OGP
Total amount of tailings waste generated from mining activities by the entity during the reporting period (tonne) 0
Tailings impoundments according to the following U.S. Mine Safety and Health Administration (MSHA) hazard potential classification 0
Waste Management - Fort Site
Total amount of tailings waste generated from mining activities by the entity during the reporting period (tonne) 0
Tailings impoundments according to the following U.S. Mine Safety and Health Administration (MSHA) hazard potential classification 0
Waste Management - MOA Nickel Site
Total amount of tailings waste generated from mining activities by the entity during the reporting period (tonne) 3,059,888
Percentage of tailings waste that was recycled during the reporting period 0.0000%
Weight of tailings waste material that was reused (tonne) 0
Weight of recycled or remanufactured (through treatment or processing) by the entity (tonne), e.g., backfill 0
Amount of tailings waste sent externally for further recycling (tonne) 0
Tailings impoundments according to the following U.S. Mine Safety and Health Administration (MSHA) hazard potential classification 3
High hazard potential (number) 0
Significant hazard potential (number) 1
Low hazard potential (number) 2
Disclose the total weight of tailings produced (tonne) 3,059,888.000
Disclose the total amount of overburden removed (tonne) 3,497,581.000
Describe how the company ensures compliance and conformance with waste and hazardous material management policies and procedures The company ensures compliance and
conformance with waste and hazardous
material management policies and procedures
through the implementation of policies and
management systems that comply with local
regulations and conform with the Towards
Sustainable Mining (TSM) Tailings Management
Protocol and ISO 14001.
Waste Management - Sherritt
Total amount of tailings waste generated from mining activities by the entity during the reporting period (tonne) 3,059,888
Percentage of tailings waste that was recycled during the reporting period 0.0000%
Weight of tailings waste material that was reused (tonne) 0
Weight of recycled or remanufactured (through treatment or processing) by the entity (tonne), e.g., backfill 0
Amount of tailings waste sent externally for further recycling (tonne) 0
Tailings impoundments according to the following U.S. Mine Safety and Health Administration (MSHA) hazard potential classification 3
High hazard potential (number) 0
Significant hazard potential (number) 1
Low hazard potential (number) 2
Disclose the total amount of non-mineral waste generated (tonne) 9,663.800
Disclose the total weight of tailings produced (tonne) 3,059,888.000
Disclose the total amount of waste rock generated (tonne) 108,117.000
Disclose the total amount of overburden removed (tonne) 3,497,581.000
Disclose the total weight of waste generated that was hazardous (tonne) 9,234.500
Disclose the total weight of hazardous waste generated that was recycled (tonne) 4,618.000
Waste Management - MOA Nickel Site
Tailings Storage Facilities Management
Does your company manage Tailings Storage Facilities Yes
Provide an inventory of all talings storage facilities (TSFs)
TSF #1: (1) facility name Acid Leach Tailings Facility
TSF #1: (2) location Cuba
TSF #1: (3) ownership status Moa Joint Venture
TSF #1: (4) operational status Inactive/Care and Maintenance
TSF #1: (5) construction method Upstream
TSF #1: (6) maximum permitted storage capacity 53,700,000.000
TSF #1: (7) current amount of tailings stored 53,700,000.000
TSF #1: (8) consequence classification Significant
TSF #1: (9) date of most recent independent technical review 2022-03-14
TSF #1: (12) site-specific EPRP Yes
TSF #2: (1) facility name North Extension
TSF #2: (2) location Cuba
TSF #2: (3) ownership status Moa Joint Venture
TSF #2: (4) operational status Operational
TSF #2: (5) construction method Upstream
TSF #2: (6) maximum permitted storage capacity 10,580,000.000
TSF #2: (7) current amount of tailings stored 8,480,000.000
TSF #2: (8) consequence classification Significant
TSF #2: (9) date of most recent independent technical review 2022-04-04
TSF #2: (12) site-specific EPRP Yes
TSF #3: (1) facility name Area 22
TSF #3: (2) location Cuba
TSF #3: (3) ownership status Moa Joint Venture
TSF #3: (4) operational status Inactive/Care and Maintenance
TSF #3: (5) construction method Centreline
TSF #3: (6) maximum permitted storage capacity 8,400,000.000
TSF #3: (7) current amount of tailings stored 4,680,000.000
TSF #3: (8) consequence classification Significant
TSF #3: (9) date of most recent independent technical review 2022-03-14
TSF #3: (12) site-specific EPRP Yes
Provide a summary of the tailings management systems used to monitor and maintain the structural integrity of tailings facilities and to minimize the risk of a catastrophic failure Currently we only perform readings on
piezometers and settlement monuments and
we are assessing the use of a laser scanner in
the NE as a continuous monitoring method
Provide summary of tailings management systems and governance structure used to monitor and maintain the stability of tailings storage facilities We use two elements for instrumentation:
piezometers and settlement monuments. We
have 33 piezometers, and currently, 19 of them
are operational. in the NE, we have 20
piezometers and currently, 18 of them are
operational. We have 4 settlement monuments
in the ALTF and 7 in the NE. We perform a
weekly analysis of these instruments and note
any inconsistency
Disclose the approach to the development of Emergency Preparedness and Response Plans (EPRPs) EPRP is developed along with the OMS manual
every two years or if a major change in the
facilities occur. EPRP is prepared by the
Engineer on Record and the Tailings Dam
Team. The initial draft is send for peer revision
and the final version is send to MN direction
and sub direction for revision and
commentaries. Finally this document is send to
Moa local authority for approval
Disclose the company's approach to engagement concerning Emergency Preparedness and Response Plans (EPRPs) at tailings storage facilities, including the preparedness of local stakeholders EPRP and the OMS are prepared to establish a
close commitment with the surrounding
neighborhood La Veguita. Two major safety
programs are prepared throughout the year to
engage the local population and warn them
about the inherent risk of living near tailings
facilities. Tailings dam personnel are also
trained in these items throughout the year and
during their safety inductions and training.
Waste Management - Sherritt
Tailings Storage Facilities Management
Does your company manage Tailings Storage Facilities Yes
MOA Nickel is the only site managing Tailings
Storage Facilities; see previous section for
details.
Biodiversity - OGP
Management Plan
Disclose the approach to biodiversity management The TSM Biodiversity Conservation
Management Protocol which consists of three
indicators that set out expectations for
companies with respect to conserving
biodiversity.

The protocol seeks to confirm that company
facilities have made formal commitments to
manage biodiversity at their sites, that action
plans for significant biodiversity aspects are
implemented, and that biodiversity
conservation reporting systems are in place to
inform decision-making and to communicate
their performance publicly.
Describe significant impacts of activities, products and services on biodiversity in protected areas and areas of high biodiversity value outside protected areas We currently have no activities taking place at
or near protected areas.
List the environmental and biodiversity management plan(s) implemented at active sites OGP_HSM_36 Biodiversity Conservation
Management Policy
1.1 Mine lifecycle stages to which the plan(s) apply
   •  Exploration and appraisal
   •  Site development
   •  Production
   •  During closure
   •  Decommissioning
   •  Restoration
1.2 The topics addressed by the plan(s) Ecological and biodiversity impacts
1.3 The underlying references for its plan(s), including whether they are codes, guidelines, standards, or regulations; whether they were developed by the entity, an industry organization, a third-party organization (e.g., a non-governmental organization, a governmental agency, or some combination of these groups) Mining Association of Canada - Towards
Sustainable Mining: Biodiversity Conservation
Management Protocol
Biodiversity - Fort Site
Management Plan
Disclose the approach to biodiversity management The approach to biodiversity management is
informed by best practices as set out by the
Mining Association of Canada - Towards
Sustainable Mining: Biodiversity Conservation
Management Protocol
Describe significant impacts of activities, products and services on biodiversity in protected areas and areas of high biodiversity value outside protected areas Not applicable.
List the environmental and biodiversity management plan(s) implemented at active sites Biodiversity Conservation Management Plan
(est. 2020).
1.1 Mine lifecycle stages to which the plan(s) apply
   •  Exploration and appraisal
   •  Site development
   •  Production
   •  During closure
   •  Decommissioning
   •  Restoration
1.2 The topics addressed by the plan(s)
   •  Ecological and biodiversity impacts
   •  Noise impacts
   •  Discharges to water
1.3 The underlying references for its plan(s), including whether they are codes, guidelines, standards, or regulations; whether they were developed by the entity, an industry organization, a third-party organization (e.g., a non-governmental organization, a governmental agency, or some combination of these groups) Mining Association of Canada - Towards
Sustainable Mining: Biodiversity Conservation
Management Protocol
Biodiversity - MOA Nickel Site
Management Plan
Disclose the approach to biodiversity management The approach to biodiversity management is
informed by best practices as set out by the
Mining Association of Canada - Towards
Sustainable Mining: Biodiversity Conservation
Management Protocol
Describe significant impacts of activities, products and services on biodiversity in protected areas and areas of high biodiversity value outside protected areas Our open pit nickel mine near Moa, Cuba, is
located approximately 15 km north of
Alejandro de Humboldt National Park, a
UNESCO World Heritage Site particularly
known for its extensive suite of endemic
species of flora. The Moa Nickel Site has long
partnered with the Cuban authorities in the
restoration and protection of these lands.
List the environmental and biodiversity management plan(s) implemented at active sites Information unavailable.
1.1 Mine lifecycle stages to which the plan(s) apply
   •  Exploration and appraisal
   •  Site development
   •  Production
   •  During closure
   •  Decommissioning
   •  Restoration
1.2 The topics addressed by the plan(s) Ecological and biodiversity impacts
1.3 The underlying references for its plan(s), including whether they are codes, guidelines, standards, or regulations; whether they were developed by the entity, an industry organization, a third-party organization (e.g., a non-governmental organization, a governmental agency, or some combination of these groups) Mining Association of Canada - Towards
Sustainable Mining: Biodiversity Conservation
Management Protocol
Biodiversity - Sherritt
Management Plan
Disclose the approach to biodiversity management See individual site management plans in
previous sections.
Biodiversity - OGP
Impacts
Amount of land (owned or leased, and managed for production activities or extractive use) disturbed or rehabilitated (hectares)
Total land disturbed and not yet rehabilitated (A: opening balance) 48.3
Total amount of land newly disturbed within the reporting period (B) 0
Total amount of land newly rehabilitated within the reporting period to the agreed end use (C) 0
Total land disturbed and not yet rehabilitated (D= A+B-C; closing balance) 48.3
Total cumulative land rehabilitated since the beginning of the operation (hectares) 0
Biodiversity - Fort Site
Impacts
Amount of land (owned or leased, and managed for production activities or extractive use) disturbed or rehabilitated (hectares)
Total land disturbed and not yet rehabilitated (A: opening balance) 131
Sourced from a biodiversity assessment that
calculated the “Principal Disturbance Area”
(PDA) of the Fort Site. Data is provided in
Section 5 with a corresponding map in
Appendix B of the following document:

Wood Environmental and Infrastructure
Solutions. 2019. Sherritt Fort Saskatchewan
Facility Biodiversity Assessment. Prepared for
Sherritt International Corporation. 55 p.
Total amount of land newly disturbed within the reporting period (B) 0
Total amount of land newly rehabilitated within the reporting period to the agreed end use (C) 0
Total land disturbed and not yet rehabilitated (D= A+B-C; closing balance) 131
Total cumulative land rehabilitated since the beginning of the operation (hectares) 0
Biodiversity - MOA Nickel Site
Impacts
Amount of land (owned or leased, and managed for production activities or extractive use) disturbed or rehabilitated (hectares)
Total land disturbed and not yet rehabilitated (A: opening balance) 790.12
Total amount of land newly disturbed within the reporting period (B) 53.7
Total amount of land newly rehabilitated within the reporting period to the agreed end use (C) 40
Total land disturbed and not yet rehabilitated (D= A+B-C; closing balance) 883.82
Total cumulative land rehabilitated since the beginning of the operation (hectares) 830.12
Biodiversity - Sherritt
Impacts
Amount of land (owned or leased, and managed for production activities or extractive use) disturbed or rehabilitated (hectares)
Total land disturbed and not yet rehabilitated (A: opening balance) 969.42


Data Table - Amount of Land (Owned or
Leased, and Managed for Production Activities
or Extractive Use) Disturbed or Rehabilitated
Total amount of land newly disturbed within the reporting period (B) 53.7
Total amount of land newly rehabilitated within the reporting period to the agreed end use (C) 40
Total land disturbed and not yet rehabilitated (D= A+B-C; closing balance) 1,063.12
Total cumulative land rehabilitated since the beginning of the operation (hectares) 830.12
Social
Employment - Other
Scale of the Organization
Report the total number of operations 3
Refers to employees working from Bahamas,
UK and Spain.
i. Report the total number of direct employees worldwide (exclude contractors) 18
Refers to individuals hired directly by Sherritt.
The Cuban workforce is supplied by a state
contractor. All contractors are under Sherritt
and its partners' duty of care, but Cuban
nationals are not hired directly by Sherritt.
ii. Report the total number of contract employees worldwide 0
Female employees and contractors as percentage of total employees and contractors 66.6667%
Male employees and contractors as percentage of total employees and contractors 33.3333%
Contractors as percentage of total employed workforce worldwide 0.0000%
The Cuban workforce is supplied by a state
contractor. All contractors are under Sherritt
and its partners' duty of care, but Cuban
nationals are not hired directly by Sherritt.
Employee Information
Report the total number of direct employees by employment type (permanent and temporary), by gender 18
Total number of permanent employees 18
Total number of permanent employees - female 12
Total number of permanent employees - male 6
Total number of temporary employees 0
Report the total number of contractors by employment type (permanent and temporary), by gender 0
Employment - Cuba
Scale of the Organization
Report the total number of operations 3
3 listed refers to OGP division locations,
Havana office and Moa Nickel operations.
i. Report the total number of direct employees worldwide (exclude contractors) 33
ii. Report the total number of contract employees worldwide 2,436
The Cuban workforce is supplied by a state
contractor. All contractors are under Sherritt
and its partners' duty of care, but Cuban
nationals are not hired directly by Sherritt.
Female employees and contractors as percentage of total employees and contractors 8.2625%
Male employees and contractors as percentage of total employees and contractors 91.7375%
Contractors as percentage of total employed workforce worldwide 98.6634%
The Cuban workforce is supplied by a state
contractor. All contractors are under Sherritt
and its partners' duty of care, but Cuban
nationals are not hired directly by Sherritt.
Employee Information
Report the total number of direct employees by employment type (permanent and temporary), by gender 33
Total number of permanent employees 23
Total number of permanent employees - female 0
Total number of permanent employees - male 23
Total number of temporary employees 10
Total number of temporary employees - female 0
Total number of temporary employees - male 10
Report the total number of contractors by employment type (permanent and temporary), by gender 2,436
Total number of permanent contractors 2,436
The Cuban workforce is supplied by a state
contractor. All contractors are under Sherritt
and its partners' duty of care, but Cuban
nationals are not hired directly by Sherritt.
Total number of permanent contractors - female 204
Total number of permanent contractors - male 2,232
Total number of temporary contractors 0
Employment - Canada
Scale of the Organization
Report the total number of operations 4
Refers to Corporate office in Toronto, OGP
office in Calgary, Fort Site and Technologies
division (Fort Saskatchewan).
i. Report the total number of direct employees worldwide (exclude contractors) 826
ii. Report the total number of contract employees worldwide 61
Female employees and contractors as percentage of total employees and contractors 22.7734%
Male employees and contractors as percentage of total employees and contractors 75.0846%
Contractors as percentage of total employed workforce worldwide 6.8771%
Employee Information
Report the total number of direct employees by employment type (permanent and temporary), by gender 860
Total number of permanent employees 826
Total number of permanent employees - female 180
Total number of permanent employees - male 646
Total number of temporary employees 34
Total number of temporary employees - female 19
Total number of temporary employees - male 15
Total number of permanent contractors 0
Total number of temporary contractors 61
Total number of temporary contractors - female 3
Total number of temporary contractors - male 5
Total number of temporary contractors - Gender not disclosed 53
Employment - Sherritt
Scale of the Organization
Report the total number of operations 10
i. Report the total number of direct employees worldwide (exclude contractors) 877
ii. Report the total number of contract employees worldwide 2,497
Female employees and contractors as percentage of total employees and contractors 12.3889%
Male employees and contractors as percentage of total employees and contractors 87.0480%
Contractors as percentage of total employed workforce worldwide 74.0071%
The Cuban workforce is supplied by a state
contractor. All contractors are under Sherritt
and its partners' duty of care, but Cuban
nationals are not hired directly by Sherritt.
Employee Information
Report the total number of direct employees by employment type (permanent and temporary), by gender 911
For the 2021 reporting period, the total
number of Sherritt's reported direct employees
decreased as a result of the Company
redefining its employment categories to comply
with GRI definitions.  The reported decrease
was not a result of turnover or significant
changes in the operation.

Data Table - Information on Employees and
Other Workers
Total number of permanent employees 867
Total number of permanent employees - female 192
Total number of permanent employees - male 675
Total number of permanent employees - Gender not disclosed 0
Total number of temporary employees 44
Total number of temporary employees - female 19
Total number of temporary employees - male 25
Total number of temporary employees - Gender not disclosed 0
Report the total number of contractors by employment type (permanent and temporary), by gender 2,444
Total number of permanent contractors 2,436
Total number of permanent contractors - female 204
Total number of permanent contractors - male 2,232
Total number of temporary contractors 61
Total number of temporary contractors - female 3
Total number of temporary contractors - male 5
Total number of temporary contractors - Gender not disclosed 53
Employment - Other
Employee Information
Report the total number of employees by employment type (full-time and part-time), by gender 18
Total number of full-time employees - female 12
Total number of part-time employees - female 0
Total number of full-time employees - male 6
Total number of part-time employees - male 0
Total number of full-time contractors - female 0
Total number of part-time contractors - female 0
Total number of full-time contractors - male 0
Total number of part-time contractors - male 0
Employment - Cuba
Employee Information
Report the total number of employees by employment type (full-time and part-time), by gender 33
Total number of full-time employees - female 0
Total number of part-time employees - female 0
Total number of full-time employees - male 33
Total number of part-time employees - male 0
Report the total number of contractors by employment type (full-time and part-time), by gender 2,436
Total number of full-time contractors - female 204
Total number of part-time contractors - female 0
Total number of full-time contractors - male 2,232
Total number of part-time contractors - male 0
Employment - Canada
Employee Information
Report the total number of employees by employment type (full-time and part-time), by gender 826
Total number of full-time employees - female 180
Total number of part-time employees - female 0
Total number of full-time employees - male 646
Total number of part-time employees - male 0
Report the total number of contractors by employment type (full-time and part-time), by gender 61
Total number of full-time contractors - female 0
Total number of part-time contractors - female 0
Total number of full-time contractors - male 3
Total number of part-time contractors - male 5
Total number of full-time contractors - Gender not disclosed 53
For clarity, this information is unknown (i.e. was
not sought), rather than "not disclosed".
Total number of part-time contractors - Gender not disclosed 0
Employment - Sherritt
Employee Information
Report the total number of employees by employment type (full-time and part-time), by gender 877
Total number of full-time employees - female 192
Total number of part-time employees - female 0
Total number of full-time employees - male 685
Total number of part-time employees - male 0
Report the total number of contractors by employment type (full-time and part-time), by gender 2,497
Total number of full-time contractors - female 204
Total number of part-time contractors - female 0
Total number of full-time contractors - male 2,235
Total number of part-time contractors - male 5
Total number of full-time contractors - Gender not disclosed 53
Total number of part-time contractors - Gender not disclosed 0
Employment - Other
Turnover
Report the total number and rate of employee turnover during the reporting period, by age group, and gender
All Employees
Total number of turnover (the number that left during the period) 0
Rate of turnover 0.0000%
Voluntary Turnover
Total number of turnover (the number that left voluntarily during the period) 0
Rate of turnover 0.0000%
Involuntary Turnover
Total number of turnover (the number that left involuntarily during the period) 0
Rate of turnover 0.0000%
Female employees
Total number of turnover (the number of females that left during the period) 0
Rate of turnover, females 0.0000%
Male employees
Total number of turnover (the number of males that left during the period) 0
Rate of turnover, males 0.0000%
Turnover & Age Breakdown
Total number of turnover (the number that left during the period) 0
As percent of total employees 0.0000%
Employees aged between 30 and 50 years old
Total number of turnover (the number that left during the period) 0
As percent of total employees 38.8889%
Rate of turnover 0.0000%
Employees over 50 years old
Total number of turnover (the number that left during the period) 0
As percent of total employees 61.1111%
Rate of turnover 0.0000%
Identify types of employees captured in the turnover rate calculations Full-time-equivalent only
Employment - Cuba
Turnover
Report the total number and rate of employee turnover during the reporting period, by age group, and gender
All Employees
Total number of turnover (the number that left during the period) 1
Rate of turnover 0.0802%
Voluntary Turnover
Total number of turnover (the number that left voluntarily during the period) 0
Rate of turnover 0.0000%
Involuntary Turnover
Total number of turnover (the number that left involuntarily during the period) 1
Rate of turnover 0.0802%
Female employees
Total number of turnover (the number of females that left during the period) 0
Rate of turnover, females 0.0000%
Male employees
Total number of turnover (the number of males that left during the period) 1
Rate of turnover, males 0.0874%
Turnover & Age Breakdown
Total number of turnover (the number that left during the period) 0
As percent of total employees 0.0000%
Employees aged between 30 and 50 years old
Total number of turnover (the number that left during the period) 0
As percent of total employees 0.6885%
Rate of turnover 0.0000%
Employees over 50 years old
Total number of turnover (the number that left during the period) 1
As percent of total employees 0.6480%
Rate of turnover 6.6667%
Identify types of employees captured in the turnover rate calculations Full-time-equivalent only
Employment - Canada
Turnover
Report the total number and rate of employee turnover during the reporting period, by age group, and gender
All Employees
Total number of turnover (the number that left during the period) 92
Rate of turnover 10.9524%
Voluntary Turnover
Total number of turnover (the number that left voluntarily during the period) 42
Rate of turnover 5.0000%
Involuntary Turnover
Total number of turnover (the number that left involuntarily during the period) 23
Rate of turnover 2.7381%
Female employees
Total number of turnover (the number of females that left during the period) 22
Rate of turnover, females 12.1884%
Male employees
Total number of turnover (the number of males that left during the period) 70
Rate of turnover, males 10.7692%
Turnover & Age Breakdown
Employees aged 30 years old and under
Total number of turnover (the number that left during the period) 12
As percent of total employees 11.1612%
Rate of turnover 12.6316%
Employees aged between 30 and 50 years old
Total number of turnover (the number that left during the period) 33
As percent of total employees 48.9290%
Rate of turnover 8.0586%
Employees over 50 years old
Total number of turnover (the number that left during the period) 48
As percent of total employees 38.7824%
Rate of turnover 13.6558%
Identify types of employees captured in the turnover rate calculations All employees on the payroll
Employment - Sherritt
Turnover
Report the total number and rate of employee turnover during the reporting period, by age group, and gender
All Employees
Total number of turnover (the number that left during the period) 93
Rate of turnover 4.4381%


Data Table - Employee Turnover
Voluntary Turnover
Total number of turnover (the number that left voluntarily during the period) 42
Rate of turnover 2.0043%
Involuntary Turnover
Total number of turnover (the number that left involuntarily during the period) 24
Rate of turnover 1.1453%
Female employees
Total number of turnover (the number of females that left during the period) 22
Rate of turnover, females 7.4703%
Male employees
Total number of turnover (the number of males that left during the period) 71
Rate of turnover, males 3.9433%
Turnover & Age Breakdown
Employees aged 30 years old and under
Total number of turnover (the number that left during the period) 12
As percent of total employees 2.9342%
Rate of turnover 12.6316%
Employees aged between 30 and 50 years old
Total number of turnover (the number that left during the period) 33
As percent of total employees 13.5744%
Rate of turnover 7.6744%
Employees over 50 years old
Total number of turnover (the number that left during the period) 49
As percent of total employees 10.9959%
Rate of turnover 12.9801%
Employment - Other
New Hires and Rate of Hire
i. Report the total number and rate of new employee hires during the reporting period, by age group, gender and region
All employees
Total hires during the reporting period 0
Rate of hire 0.0000%
Total female hires during the reporting period 0
Total males hires during the reporting period 0
Total hires during the reporting period (30 yr and under) 0
Total hires during the reporting period (30-50 yrs) 0
30-50 yrs as percent of total new hires 0.0000%
Total hires during the reporting period (50+ yrs) 0
Employment - Cuba
New Hires and Rate of Hire
i. Report the total number and rate of new employee hires during the reporting period, by age group, gender and region
All employees
Total hires during the reporting period 9
Rate of hire 0.3645%
Total female hires during the reporting period 0
Females as percent of total new hires 0.0000%
Male employees
Total males hires during the reporting period 9
Males as percent of total new hires 100.0000%
Total hires during the reporting period (30 yr and under) 0
30 yr and under as percent of total new hires 0.0000%
Employees aged between 30 and 50 years old
Total hires during the reporting period (30-50 yrs) 9
30-50 yrs as percent of total new hires 100.0000%
Employees over 50 years old
Total hires during the reporting period (50+ yrs) 0
50+ yrs as percent of total new hires 0.0000%
Employment - Canada
New Hires and Rate of Hire
i. Report the total number and rate of new employee hires during the reporting period, by age group, gender and region
All employees
Total hires during the reporting period 130
Rate of hire 14.6561%
Female employees
Total female hires during the reporting period 45
Females as percent of total new hires 34.6154%
Male employees
Total males hires during the reporting period 85
Males as percent of total new hires 65.3846%
Employees aged 30 years old and under
Total hires during the reporting period (30 yr and under) 38
30 yr and under as percent of total new hires 29.2308%
Employees aged between 30 and 50 years old
Total hires during the reporting period (30-50 yrs) 71
30-50 yrs as percent of total new hires 8.2847%
Employees over 50 years old
Total hires during the reporting period (50+ yrs) 21
50+ yrs as percent of total new hires 16.1538%
Identify types of employees captured in the hire rate calculations All employees on the payroll
Employment - Sherritt
New Hires and Rate of Hire
i. Report the total number and rate of new employee hires during the reporting period, by age group, gender and region
All employees
Total hires during the reporting period 139
Rate of hire 4.1197%
Female employees
Total female hires during the reporting period 45


Data Table - New Employee Hires
Females as percent of total new hires 32.3741%
Male employees
Total males hires during the reporting period 94
Males as percent of total new hires 67.6259%
Employees aged 30 years old and under
Total hires during the reporting period (30 yr and under) 38
30 yr and under as percent of total new hires 27.3381%
Employees aged between 30 and 50 years old
Total hires during the reporting period (30-50 yrs) 80
30-50 yrs as percent of total new hires 2.3923%
Employees over 50 years old
Total hires during the reporting period (50+ yrs) 21
50+ yrs as percent of total new hires 15.1079%
Identify types of employees captured in the hire rate calculations All employees on the payroll
Not Applicable
Labour Relations - Other
Collective Bargaining Agreements
Percentage of total direct employees covered by collective bargaining agreements 0.0000%
Labour Relations - Cuba
Collective Bargaining Agreements
Percentage of total direct employees covered by collective bargaining agreements 0.0000%
Labour Relations - Canada
Collective Bargaining Agreements
Percentage of total direct employees covered by collective bargaining agreements 0.0000%
Labour Relations - Sherritt
Collective Bargaining Agreements
Percentage of total direct employees covered by collective bargaining agreements 49.0028%
This number applies only to employees at Fort
Site, which is the only site that is unionized
under Sherritt's direct supervision; all Local
Nationals at OGP and Fort Site may or may not
be covered under a collective bargaining
agreement or agreements, but they are not
facilitated by Sherritt.
Occupational Health and Safety - Sherritt
Work-related Injuries
Injuries - For all employees
Total Hours Worked 8,329,684
Total number of all work-related injuries 14
Rate of work-related injuries 0.336
Total Lost Time Injuries (LTIs) 6
Lost Time Injuries Rate (LTIR) 0.144
Sherritt will report by site and
employees/contractors in future ESG
disclosures.
Training and Education
Annual Training
Average training hours per employee 0.000
Total number of employees 18
Average training hours per male employee 0.000
Total number of male employees 6
Average training hours per female employee 0.000
Total number of female employees 12
Average training hours per non-binary employee 0.000
Total number of non-binary employees 0
Average training hours per employee 0.000
Total number of employees 2,469
Average training hours per male employee 0.000
Total number of male employees 2,265
Average training hours per female employee 0.000
Total number of female employees 204
Average training hours per non-binary employee 0.000
Total number of non-binary employees 0
Average training hours per employee 0.000
Total number of employees 887
Average training hours per male employee 0.000
Total number of male employees 666
Average training hours per female employee 0.000
Total number of female employees 202
Average training hours per non-binary employee 0.000
Total number of non-binary employees 0
Performance Reviews
Percentage of all employees who received a regular performance and career development review during the reporting period 0.0000%
Total number of all employees 18
Percentage of all male employees who received a regular performance and career development review during the reporting period 0.0000%
Total number of all male employees 6
Percentage of all female employees who received a regular performance and career development review during the reporting period 0.0000%
Total number of all female employees 12
Percentage of all non-binary employees who received a regular performance and career development review during the reporting period Does Not Apply
Total number of all non-binary employees 0
Percentage of all employees who received a regular performance and career development review during the reporting period 0.0000%
Total number of all employees 2,469
Percentage of all male employees who received a regular performance and career development review during the reporting period 0.0000%
Total number of all male employees 2,265
Percentage of all female employees who received a regular performance and career development review during the reporting period 0.0000%
Total number of all female employees 204
Percentage of all non-binary employees who received a regular performance and career development review during the reporting period Does Not Apply
Total number of all non-binary employees 0
Percentage of all employees who received a regular performance and career development review during the reporting period 0.0000%
Total number of all employees 887
Percentage of all male employees who received a regular performance and career development review during the reporting period 0.0000%
Total number of all male employees 666
Percentage of all female employees who received a regular performance and career development review during the reporting period 0.0000%
Total number of all female employees 202
Percentage of all non-binary employees who received a regular performance and career development review during the reporting period Does Not Apply
Total number of all non-binary employees 0
Child Labour - OGP
Operations and Suppliers At Risk
Disclose operations and suppliers considered to have significant risk for incidents of:
i.Child labour Not applicable
ii. Young workers exposed to hazardous work Not applicable
Disclose operations and suppliers considered to have significant risk for incidents of child labour either in terms of:
i. Type of operation (i.e., manufacturing plant) and supplier Not applicable
Report measures taken by the organization in the reporting period intended to contribute to the effective abolition of child labour In 2015, Cuba ratified the ILO's Worst Forms of
Child Labour Convention, which calls for the
prohibition and elimination of the worst forms
of child labour, including slavery, trafficking,
the use of children in armed conflict, the use of
a child for prostitution, pornography and illicit
activities (such as drug trafficking) as well as
hazardous work. Cuban legislation prohibits
child labour and establishes 17 years old as the
minimum age of employment.
Child Labour - Fort Site
Operations and Suppliers At Risk
Disclose operations and suppliers considered to have significant risk for incidents of:
i.Child labour Not applicable
ii. Young workers exposed to hazardous work Not applicable
Disclose operations and suppliers considered to have significant risk for incidents of child labour either in terms of:
i. Type of operation (i.e., manufacturing plant) and supplier Not applicable
Report measures taken by the organization in the reporting period intended to contribute to the effective abolition of child labour In Canada, the use of child labour is controlled
and prevented by labour laws.
Child Labour - MOA Nickel Site
Operations and Suppliers At Risk
Disclose operations and suppliers considered to have significant risk for incidents of:
i.Child labour Not applicable
ii. Young workers exposed to hazardous work Not applicable
Disclose operations and suppliers considered to have significant risk for incidents of child labour either in terms of:
i. Type of operation (i.e., manufacturing plant) and supplier Not applicable
Report measures taken by the organization in the reporting period intended to contribute to the effective abolition of child labour In 2015, Cuba ratified the ILO's Worst Forms of
Child Labour Convention, which calls for the
prohibition and elimination of the worst forms
of child labour, including slavery, trafficking,
the use of children in armed conflict, the use of
a child for prostitution, pornography and illicit
activities (such as drug trafficking) as well as
hazardous work. Cuban legislation prohibits
child labour and establishes 17 years old as the
minimum age of employment.
Security, Human Rights and Rights of Indigenous People - Sherritt
Identify the countries of operations within the World Bank's list of “Fragile and Conflict-Affected Situations” None
Sherritt does not operate in countries within
the World Bank's list of "Fragile and Conflict-
Affected Situations."
Human Rights - Sherritt
Indigenous Rights
Report the number of sites on or adjacent to indigenous territories 0
Report the number of sites covered by formal benefit agreements or community development plans with indigenous communities 0
Sherritt does not operate sites on or adjacent
to indigenous territories.
Security, Human Rights and Rights of Indigenous People - Sherritt
Discuss practices and list procedures while operating in areas of conflict Sherritt does not operate in areas of conflict as
per SASB EM-MM-210a.3.3.
Human Rights Assessment - Other
Operations Reviews and Assessments
Report the total number and percentage of operations that have been subject to human rights reviews or human rights impact assessments, by country
Report the total number of operations that have been subject to human rights reviews or human rights impact assessments
These are corporate offices, HRIA
requirements not applicable.
Report the total percentage of operations that have been subject to human rights reviews or human rights impact assessments, by country 0.0000%
Human Rights Assessment - Cuba
Operations Reviews and Assessments
Report the total number and percentage of operations that have been subject to human rights reviews or human rights impact assessments, by country
Report the total number of operations that have been subject to human rights reviews or human rights impact assessments 1
Report the total percentage of operations that have been subject to human rights reviews or human rights impact assessments, by country 50.0000%
Human Rights Assessment - Canada
Operations Reviews and Assessments
Report the total number and percentage of operations that have been subject to human rights reviews or human rights impact assessments, by country
Report the total number of operations that have been subject to human rights reviews or human rights impact assessments 1
Report the total percentage of operations that have been subject to human rights reviews or human rights impact assessments, by country 100.0000%
Human Rights Assessment - Sherritt
Operations Reviews and Assessments
Report the total number and percentage of operations that have been subject to human rights reviews or human rights impact assessments, by country
Report the total number of operations that have been subject to human rights reviews or human rights impact assessments 2


Data Table - Operations that have been Subject
to Human Rights Reviews or Impact
Assessments
Report the total percentage of operations that have been subject to human rights reviews or human rights impact assessments, by country 40.0000%
Of the three operating sites (Fort Site, Moa
Nickel and OGP), both the Fort Site and Moa
Nickel have undergone annual (2019, 2020 and
2021) Conflict Affected and High-Risk Area
(CAHRA) evaluations, which are based on the
Responsible Minerals Assurance Process
(RMAP) and grounded in the OECD Due
Diligence Guidance and EU Responsible
Minerals Regulation. The percent of operations
that have been subject to this assessment,
where applicable is actually 67%.

Data Table - Operations that have been Subject
to Human Rights Reviews or Impact
Assessments
Human Rights Assessment - Other
Employee Training on Human Rights Policies
Report the percentage of employees trained during the reporting period in human rights policies or procedures concerning aspects of human rights that are relevant to operations 0.0000%
Human Rights Assessment - Cuba
Employee Training on Human Rights Policies
Report the percentage of employees trained during the reporting period in human rights policies or procedures concerning aspects of human rights that are relevant to operations 0.0000%
Human Rights Assessment - Canada
Employee Training on Human Rights Policies
Report the percentage of employees trained during the reporting period in human rights policies or procedures concerning aspects of human rights that are relevant to operations 0.0000%
Local Communities - OGP
Operations with Local Community
Report the percentage of operations with implemented local community engagement, impact assessments, and/or development programs
Has (Have) the operation(s) included the use of the following
i. Social impact assessments, including gender impact assessments, based on participatory processes No
ii. Environmental impact assessments and ongoing monitoring Yes
iii. Public disclosure of results of environmental and social impact assessments No
Results of ongoing monitoring programs
developed subsequent to associated EIA
processes are released via Sherritt's Annual
Sustainability Report.
iv. Local community development programs based on local communities’ needs Yes
v. Stakeholder engagement plans based on stakeholder mapping No
vi. Broad based local community consultation committees and processes that include vulnerable groups No
vii. Works councils, occupational health and safety committees and other worker representation bodies to deal with impacts Yes
viii. Formal local community grievance processes Yes
Significant disputes relating to land use, customary rights of local communities and indigenous peoples Not applicable
Number of significant disputes relating to land use, customary rights of local communities and indigenous peoples 0
Description of significant disputes relating to land use, customary rights of local communities and indigenous peoples Not applicable
The extent to which grievance mechanisms were used to resolve disputes relating to land use, customary rights of local communities and indigenous peoples, and the outcomes Not applicable
Local Communities - Fort Site
Operations with Local Community
Report the percentage of operations with implemented local community engagement, impact assessments, and/or development programs
Has (Have) the operation(s) included the use of the following
i. Social impact assessments, including gender impact assessments, based on participatory processes No
ii. Environmental impact assessments and ongoing monitoring Yes
iii. Public disclosure of results of environmental and social impact assessments No
iv. Local community development programs based on local communities’ needs Yes
v. Stakeholder engagement plans based on stakeholder mapping Yes
vi. Broad based local community consultation committees and processes that include vulnerable groups No
vii. Works councils, occupational health and safety committees and other worker representation bodies to deal with impacts Yes
viii. Formal local community grievance processes Yes
Significant disputes relating to land use, customary rights of local communities and indigenous peoples Not applicable
Number of significant disputes relating to land use, customary rights of local communities and indigenous peoples 0
Description of significant disputes relating to land use, customary rights of local communities and indigenous peoples Not applicable
The extent to which grievance mechanisms were used to resolve disputes relating to land use, customary rights of local communities and indigenous peoples, and the outcomes Not applicable
Local Communities - MOA Nickel Site
Operations with Local Community
Report the percentage of operations with implemented local community engagement, impact assessments, and/or development programs
Has (Have) the operation(s) included the use of the following
i. Social impact assessments, including gender impact assessments, based on participatory processes No
ii. Environmental impact assessments and ongoing monitoring Yes
iii. Public disclosure of results of environmental and social impact assessments No
Results of ongoing monitoring programs
developed subsequent to associated EIA
processes are released via Sherritt's Annual
Sustainability Report.
iv. Local community development programs based on local communities’ needs Yes
v. Stakeholder engagement plans based on stakeholder mapping No
vi. Broad based local community consultation committees and processes that include vulnerable groups No
vii. Works councils, occupational health and safety committees and other worker representation bodies to deal with impacts Yes
viii. Formal local community grievance processes Yes
Significant disputes relating to land use, customary rights of local communities and indigenous peoples Not applicable
Number of significant disputes relating to land use, customary rights of local communities and indigenous peoples 0
Description of significant disputes relating to land use, customary rights of local communities and indigenous peoples Not applicable
The extent to which grievance mechanisms were used to resolve disputes relating to land use, customary rights of local communities and indigenous peoples, and the outcomes Not applicable
Community Relations - Sherritt
Artisanal and Small-Scale Mining
Number of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site (not controlled by company/unauthorized) 0


Data Table - Number and Percentage of
Company Operating Sites where Artisanal and
Small-Scale Mining Takes Place On, or Adjacent
To, the Site; the Associated Risks and the
Action Taken to Manage and Mitigate These
Risks
Percentage of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site 0.0000%
Report the associated risks and the actions taken to manage and mitigate these risks Sherritt does not operate sites where artisanal
and small-scale mining (ASM) takes place on, or
adjacent to, the site.
Risks and Opportunities
Disclose the total number of site shutdowns or project delays due to non-technical factors 0
Disclose the total aggregate duration (in days) of site shutdowns or project delays due to non-technical factors 0
No site shutdowns occurred due to non-
technical factors during 2021 across the entire
organization.
Resettlement
Have there been community resettlements in order to accommodate business activities and if so, please provide details about the specific sites No
The number of households resettled in each site 0
None of the operations included in this report
have required community resettlement to
accommodate business activities.
Indirect Economic Impacts - Other
Infrastructure Investments and Services Supported
The reporting organization shall report the following information:
Extent of development of significant infrastructure investments and services supported Not applicable. No significant investments are
made in communities near satellite offices of
Spain and Bahamas.
Current or expected positive impacts on communities and local economies Not applicable. No significant investments are
made in communities near satellite offices of
Spain and Bahamas.
Types of investments Not Applicable
Indirect Economic Impacts - Cuba
Infrastructure Investments and Services Supported
The reporting organization shall report the following information:
Extent of development of significant infrastructure investments and services supported In 2021 primarily provided in-kind donations of
municipal infrastructure equipment to local
municipalities in Cuba.

Examples include, medical equipment, road
maintenance equipment, light posts, and the
installation of solar panels to electrify a rural
community.

Services supported in 2021 include the national
COVID-19 vaccination campaign.
Current or expected positive impacts on communities and local economies Significant indirect economic impact,
particularly through the indirect effects of
employment, economic development, skills
developments, and community benefits.

In 2021, Sherritt invested >CAD$250,000 in
local communities.

100% of community based donations are
aligned with local community needs.

See 2021 sustainability report.
Types of investments
   •  In-Cash (Commercial)
   •  In-Kind
   •  Pro-Bono
Indirect Economic Impacts - Canada
Infrastructure Investments and Services Supported
The reporting organization shall report the following information:
Extent of development of significant infrastructure investments and services supported Services supported in 2021 include indigenous
organizations, food banks women's shelters,
skills training for women, addictions outreach,
and nature preservation programs.
Current or expected positive impacts on communities and local economies Significant indirect economic impact,
particularly through the indirect effects of
employment, economic development, skills
developments, and community benefits.

In 2021, Sherritt invested >CAD$90,000 in
local communities.

100% of community based donations are
aligned with local community needs.

See 2021 sustainability report
Types of investments
   •  In-Cash (Commercial)
   •  In-Kind
   •  Pro-Bono
Indirect Economic Impacts - Sherritt
Infrastructure Investments and Services Supported
The reporting organization shall report the following information:
Extent of development of significant infrastructure investments and services supported Primarily in-kind donations of municipal
infrastructure equipment to local municipalities
in Cuba.


Data Table - Infrastructure Investments and
Services Supported
Current or expected positive impacts on communities and local economies Significant indirect economic impact,
particularly through the indirect effects of
employment, economic development, skills
developments, and community benefits.

In 2021, Sherritt invested >CAD$900,000 in
local communities.

100% of community based donations are
aligned with local community needs as
identified by local representatives.

See 2021 sustainability report.
Types of investments
   •  In-Cash (Commercial)
   •  In-Kind
   •  Pro-Bono
Indirect Economic Impacts
Significant Indirect Economic Impacts
The reporting organization shall report the following information:
Examples of significant positive indirect economic impacts of the organization
   •  Economic development in areas of high
poverty (such as changes in the total number of
dependents supported through the income of a
single job)
   •  Economic impacts of improving or
deteriorating social or environmental
conditions (such as changing job market in an
area converted from small farms to large
plantations, or the economic impacts of
pollution)
   •  Availability of products and services for
those on low incomes (such as preferential
pricing of pharmaceuticals, which contributes
to a healthier population that can participate
more fully in the economy, or pricing structures
that exceed the economic capacity of those on
low incomes)
   •  Enhanced skills and knowledge in a
professional community or in a geographic
location (such as when shifts in an organization’
s needs attract additional skilled workers to an
area, who, in turn, drive a local need for new
learning institutions)
   •  Number of jobs supported in the supply or
distribution chain (such as the employment
impacts on suppliers as a result of an
organization’s growth or contraction)
   •  Stimulating, enabling, or limiting foreign
direct investment (such as when an
organization changes the infrastructure or
services it provides in a developing country,
which then leads to changes in foreign direct
investment in the region)
Examples of significant negative indirect economic impacts of the organization Economic impacts from a change in operation
or activity location (such as the impact of
outsourcing jobs to an overseas location)
Significance of the indirect economic impacts in the context of external benchmarks and stakeholder priorities, i.e., national and international standards, protocols, and policy agendas Significant indirect economic impact,
particularly through the indirect effects of
employment, economic development, skills
developments, and community benefits.

In 2021, Sherritt invested >CAD$900,000 in
local communities.

100% of community based donations are
aligned with local community needs as
identified by local representatives.
Supplier Assessment - OGP
Negative Social Impacts in the Supply Chain
Number of suppliers assessed for social impacts 0
Number of suppliers identified as having significant actual and potential negative social impacts 0
List of significant actual and potential negative social impacts identified in the supply chain Not Applicable
Supplier Assessment - Fort Site
Negative Social Impacts in the Supply Chain
Number of suppliers assessed for social impacts 4
Number of suppliers identified as having significant actual and potential negative social impacts 0
List of significant actual and potential negative social impacts identified in the supply chain Not Applicable
Supplier Assessment - MOA Nickel Site
Negative Social Impacts in the Supply Chain
Number of suppliers assessed for social impacts 0
Number of suppliers identified as having significant actual and potential negative social impacts 0
List of significant actual and potential negative social impacts identified in the supply chain Not Applicable
Supplier Assessment - Sherritt
Negative Social Impacts in the Supply Chain
Number of suppliers assessed for social impacts 4
Number of suppliers identified as having significant actual and potential negative social impacts 0
List of significant actual and potential negative social impacts identified in the supply chain Not Applicable
Percentage of suppliers identified as having significant actual and potential negative social impacts with which improvements were agreed upon as a result of assessment 0.0000%
Percentage of suppliers identified as having significant actual and potential negative social impacts with which relationships were terminated as a result of assessment, and why 0.0000%
Locations of suppliers Cuba, Australia, U.S.A.
Customer Health and Safety - Sherritt
Incidents of Non-Compliance
Total number of incidents of non-compliance with regulations and/or voluntary codes concerning the health and safety impacts of products and services within the reporting period, by: 0
i. Incidents of non-compliance with regulations resulting in a fine or penalty 0
ii. Incidents of non-compliance with regulations resulting in a warning 0
iii. Incidents of non-compliance with voluntary codes 0
If the organization has not identified any non-compliance with regulations and/or voluntary codes, a brief statement of this fact is sufficient There were no instances of non-compliance
with regulations or voluntary codes concerning
the health and safety impacts of products and
services within the reporting period for OGP,
Fort Site or MOA Nickel Site.
Marketing and Labelling - OGP
Requirements for Products and Services
Whether each of the following types of information is required by the organization’s procedures for product and service information and labeling:
i. The sourcing of components of the product or service No
ii. Content, particularly with regard to substances that might produce an environmental or social impact No
iii. Safe use of the product or service No
iv. Disposal of the product and environmental or social impacts No
v. Other (explain) Not applicable
Marketing and Labelling - Fort Site
Requirements for Products and Services
Whether each of the following types of information is required by the organization’s procedures for product and service information and labeling:
i. The sourcing of components of the product or service Yes
ii. Content, particularly with regard to substances that might produce an environmental or social impact Yes
iii. Safe use of the product or service Yes
iv. Disposal of the product and environmental or social impacts Yes
v. Other (explain) Safety Data Sheet and Global Harmonized
System Data Sheet.
Percentage of significant product or service categories covered by and assessed for compliance 100.0000%
Marketing and Labelling - MOA Nickel Site
Requirements for Products and Services
Whether each of the following types of information is required by the organization’s procedures for product and service information and labeling:
i. The sourcing of components of the product or service Yes
ii. Content, particularly with regard to substances that might produce an environmental or social impact Yes
iii. Safe use of the product or service Yes
iv. Disposal of the product and environmental or social impacts Yes
v. Other (explain) Safety Data Sheet and Global Harmonized
System Data Sheet
Percentage of significant product or service categories covered by and assessed for compliance 100.0000%
Marketing and Labelling - Sherritt
Requirements for Products and Services
Whether each of the following types of information is required by the organization’s procedures for product and service information and labeling:
i. The sourcing of components of the product or service Yes
ii. Content, particularly with regard to substances that might produce an environmental or social impact Yes
iii. Safe use of the product or service Yes
iv. Disposal of the product and environmental or social impacts Yes
v. Other (explain) Safety Data Sheet and Global Harmonized
System Data Sheet
Percentage of significant product or service categories covered by and assessed for compliance 100.0000%
Incidents of Non-Compliance with Labelling
Total number of incidents of non-compliance with regulations and/or voluntary codes concerning product and service information and labeling 0
i. Incidents of non-compliance with regulations resulting in a fine or penalty 0
ii. Incidents of non-compliance with regulations resulting in a warning 0
iii. Incidents of non-compliance with voluntary codes 0
If the organization has not identified any non-compliance with regulations and/or voluntary codes, a brief statement of this fact is sufficient There were no instances of non-compliance
with regulations or voluntary codes concerning
product information and labelling for OGP, Fort
Site or the MOA Nickel Site.
Incidents of Non-Compliance with Advertising and Promotion
Total number of incidents of non-compliance with regulations and/or voluntary codes concerning marketing communications, including advertising, promotion, and sponsorship, by: 0
i. Incidents of non-compliance with regulations resulting in a fine or penalty 0
ii. Incidents of non-compliance with regulations resulting in a warning 0
iii. Incidents of non-compliance with voluntary codes 0
If the organization has not identified any non-compliance with regulations and/or voluntary codes, a brief statement of this fact is sufficient There were no instances of non-compliance
with regulations or voluntary codes concerning
marketing communications of this product for
OGP, Fort Site or the MOA Nickel Site.
Customer Privacy - Sherritt
Breach of Customer Privacy or Data
Total number of substantiated complaints received concerning breaches of customer privacy, categorized by: 0
i. Complaints received from outside parties and substantiated by the organization 0
ii. Complaints from regulatory bodies 0
Total number of identified leaks, thefts, or losses of customer data 0
If the organization has not identified any substantiated complaints, a brief statement of this fact is sufficient The organization has not identified any
substantiated complaints for OGP, Fort Site or
the MOA Nickel Site.
Socio-Economic Compliance - OGP
Non-Compliance
Report significant fines and non-monetary sanctions for non-compliance with laws and/or regulations in the social and economic area in terms of: Not applicable
i. Total monetary value of significant fines 0
ii. Total number of non-monetary sanctions 0
iii. Cases brought through dispute resolution mechanisms 0
Socio-Economic Compliance - Fort Site
Non-Compliance
Report significant fines and non-monetary sanctions for non-compliance with laws and/or regulations in the social and economic area in terms of: Not applicable
i. Total monetary value of significant fines 0
ii. Total number of non-monetary sanctions 0
iii. Cases brought through dispute resolution mechanisms 0
Socio-Economic Compliance - MOA Nickel Site
Non-Compliance
Report significant fines and non-monetary sanctions for non-compliance with laws and/or regulations in the social and economic area in terms of: Not applicable
i. Total monetary value of significant fines 0
ii. Total number of non-monetary sanctions 0
iii. Cases brought through dispute resolution mechanisms 0
Socio-Economic Compliance - Sherritt
Non-Compliance
Report significant fines and non-monetary sanctions for non-compliance with laws and/or regulations in the social and economic area in terms of: Not applicable
i. Total monetary value of significant fines 0
ii. Total number of non-monetary sanctions 0
iii. Cases brought through dispute resolution mechanisms 0
If the organization has not identified any non-compliance with laws and/or regulations, a brief statement of this fact is sufficient The organization has not identified any non-
compliance with laws and/or regulations.
The context against which significant fines and non-monetary sanctions were incurred Not applicable.
Governance
Climate Change
Oversight
Is there board-level oversight of climate-related issues within your organization Yes
Responsibility
Provide the highest management-level position(s) or committee(s) with responsibility for climate-related issues Chief Executive Officer (CEO)
Nature of primary responsibility Both assessing and managing climate-related
risks and opportunities
Reporting
Frequency of reporting to the board on climate-related issues Quarterly
Incentives
Do you provide incentives for the management of climate-related issues, including the attainment of targets No, and we do not plan to introduce them in the
next two years
Risk and Opportunity Management
Does your organization have a process for identifying, assessing, and responding to climate-related risks and opportunities Yes
Risk Assessments
Have you identified any inherent climate-related risks with the potential to have a substantive financial or strategic impact on your business No - risks exist, but none with potential to have
a substantive financial or strategic impact on
business
Opportunity Assessments
Have you identified any climate-related opportunities with the potential to have a substantive financial or strategic impact on your business Yes
Opportunity 1
Where in the value chain does the opportunity driver occur Downstream
Opportunity type Products and Services: Development and/or
expansion of low emission goods and services
Opportunity time horizon Medium-term
Opportunity likelihood Likely
Magnitude of impact Medium
Potential impact financial figure and explanation Not available
Primary potential financial impact driver Increased revenues resulting from increased
demand for products and services
Cost and strategy to realize opportunity and explanation of cost calculation Expand production of green metals.
Strategy
Have climate-related risks and opportunities influenced your organization’s strategy and/or financial planning Yes
Water Management
Quality and Quantity Dependency
Rate the importance (current and future) of freshwater quality and quantity to the success of your business
Direct use importance rating Important
Indirect use importance rating Important
Rate the importance (current and future) of sufficient quantity of recycled, brackish and/or produced water for the success of your business
Direct use importance rating Not very important
Indirect use importance rating Not very important
Risk Assessments
Does your organization undertake a water-related risk assessment Yes, water-related risks are assessed
Select the options that best describe your procedures for identifying and assessing water-related risks
i. Coverage Full
ii. Risk Assessment Procedure Water risks are assessed as a standalone issue
iii. Frequency of Risk Assessment Annually
iv. How far into the future are risks considered 1 to 3 years
Have you identified any inherent water-related risks with the potential to have a substantive financial or strategic impact on operations No
Opportunity Assessments
Have you identified any water-related opportunities with the potential to have a substantive financial or strategic impact on your business No
Responsibility
Provide the highest management-level position(s) or committee(s) with responsibility for water-related issues Chief Executive Officer (CEO)
Policy
Does your organization have a documented water policy No, but we plan to develop one within the next
2 years
Select the options that best describe the scope and content of your organizations' water policy None
Reporting
Frequency of reporting to the board on water-related issues Quarterly
Incentives
Do you provide incentives to C-suite employees or board members for the management of water-related issues No, and we do not plan to introduce them in the
next two years
Strategy
Are water-related issues integrated into any aspects of your long-term strategic business plan No, water-related issues were reviewed but not
considered as strategically relevant/significant
General Disclosure
Structure
a. Report the governance structure of the organization, including committees of the highest governance body, e.g., the Board of Directors, the Executives, the Board Environment Committee, Board Safety Committee, the Advisory Committee, etc. See 2021 Annual Information Form and 2021
Management Information Circular.
2021 Annual Information Form

2021 Management Information Circular
Committees
b. Report the committees responsible for decision-making on economic, environmental, and social topics, e.g., the Board of Directors, the Executives, the Board Environment Committee, Board Safety Committee, the Advisory Committee, etc. The Board of Directors
The Reserves Operations and Capital
Committee
Responsibility
a. Has the organization appointed an executive-level position or positions with responsibility for economic, environmental, and social topics , e.g., is it part of the Governance structure of the company, the CFO or internal audit reporting to the Board Yes
Reporting Structure
b. Report whether position holders report directly to the highest governance body or CEO The CEO reports to the Board of Directors.
Consultation Process
Report the processes for consultations between stakeholders and the highest governance body on economic, environmental and social topics, e.g., for most mining companies it would be the executives and operations and not the Board, and if delegated, explain how Executives and operations leaders consult with
stakeholders.
Composition
Report the composition of the highest governance body and its committees by:
Number of executive members 1
Number of non-executive members 7
Number of independent members 6
Less than 3 years 3
3-6 years 2
6-9 years 2
More than 10 years 1
Lists of each individual’s other significant positions and commitments, and the nature of the commitments, e.g., other boards and executive positions See 2021 Management Information Circular.
2021 Management Information Circular
Number of Male governance body members 5
Number of Female governance body members 3
Board Diversity
Do you have a diversity policy and if so, provide details, link to the policy or attach the file Not available
Non-Executive Director
Is the chair of the highest governance body also an executive officer in the organization No
Conflicts of Interest
Report the processes for the highest governance body to ensure conflicts of interest are avoided and managed, e.g., list procedures Conflict of interest and fraud procedure
Regular review by Board audit committee
Report whether conflicts of interest are disclosed to stakeholders, including, as a minimum Yes
i. Cross-board membership Yes
ii. Cross-shareholding with suppliers and other stakeholders No
iii. Existence of controlling shareholder No
iv.Related third party disclosures No
Transparency
Report the highest governance body’s and senior executives’ roles in the development, approval, and updating of the organization’s purpose, value or mission statements, strategies, policies, and goals related to economic, environmental, and social topics See 2021 Management Information Circular.
2021 Management Information Circular
Report on the measures taken to develop and enhance the highest governance body’s collective knowledge of economic, environmental, and social topics, e.g., board training See 2021 Management Information Circular.
Report the actions taken in response to evaluation of the highest governance body’s performance with respect to governance of economic, environmental, and social topics, including, as a minimum, changes in membership and organizational practice, (response to external evaluations) See 2021 Management Information Circular.
Report the highest governance body’s role in identifying and managing economic, environmental, and social topics and their impacts, risks, and opportunities – including its role in the implementation of due diligence processes, (committee roles) See 2021 Management Information Circular.
Is stakeholder consultation used to support the highest governance body’s identification and management of economic, environmental, and social topics and their impacts, risks, and opportunities, and if delegated, explain how No
In 2021 external stakeholder input on material
topics was not sought, however this
information may be gathered in future
reporting years.
Remuneration
Report how performance criteria in the remuneration policies relate to the highest governance body’s and senior executives’ objectives for economic, environmental, and social topics See 2021 Management Information Circular.
2021 Management Information Circular
How are stakeholders’ views sought and taken into account regarding remuneration See 2021 Management Information Circular.
If applicable, report the results of votes on remuneration policies and proposals See 2021 Management Information Circular.
2021 Management Information Circular
Ethics
Describe the management system and due diligence procedures for assessing and managing corruption and bribery risks internally and associated with business partners in its value chain Anti Corruption Policy
Business Ethics Policy
Report net production from activities located in the countries with the 20 lowest rankings in Transparency International’s Corruption Perception Index (CPI) (Saleable tonne) 0
Anti-Corruption
Communication and Training
ii. Total percentage of suppliers that the organization´s anti-corruption policies and procedures have been communicated to Does Not Apply
1b. Total percentage of employees that have been communicated to on anti-corruption 0.0000%
ii. Total percentage of suppliers that the organization´s anti-corruption policies and procedures have been communicated to Does Not Apply
1b. Total percentage of employees that have been communicated to on anti-corruption 0.0000%
ii. Total percentage of suppliers that the organization´s anti-corruption policies and procedures have been communicated to Does Not Apply
1b. Total percentage of employees that have been communicated to on anti-corruption 0.0000%
ii. Total percentage of suppliers that the organization´s anti-corruption policies and procedures have been communicated to Does Not Apply
Security Practices - OGP
Policy and Procedure Training
Report the percentage of security personnel who have received formal training in the organization’s human rights policies or specific procedures and their application to security Does Not Apply
In Cuba, all security is managed by a state-run
third party contractor.
Report on whether training requirements also apply to third-party organizations providing security personnel Yes
Security Practices - Fort Site
Policy and Procedure Training
Report the percentage of security personnel who have received formal training in the organization’s human rights policies or specific procedures and their application to security 63.6364%
The reduction in total number of security
personnel trained between 2020 and 2021 was
due to the pandemic situation and higher than
usual security contractor turnover and the
need for temporary substitute security
personnel to cover staff who tested positive for
COVID-19.

For 2022 we have  secured a commitment from
the security contractor to have consistent
personnel on site and we are increasing training
two fold toward our Human rights policies and
commitment to the Voluntary Principles of
Human Rights.
Report on whether training requirements also apply to third-party organizations providing security personnel Yes
Security Practices - MOA Nickel Site
Policy and Procedure Training
Report the percentage of security personnel who have received formal training in the organization’s human rights policies or specific procedures and their application to security Does Not Apply
In Cuba, all security is managed by a state-run
third party contractor.
Report on whether training requirements also apply to third-party organizations providing security personnel Yes
Security Practices - Sherritt
Policy and Procedure Training
Report the percentage of security personnel who have received formal training in the organization’s human rights policies or specific procedures and their application to security 63.6364%
At the Fort Site, the reduction in total number
of security personnel trained between 2020
and 2021 was due to the pandemic situation
and higher than usual security contractor
turnover and the need for temporary substitute
security personnel to cover staff who tested
positive for COVID-19.

For 2022 we have  secured a commitment from
the security contractor to have consistent
personnel on site and we are increasing training
two fold toward our Human rights policies and
commitment to the Voluntary Principles of
Human Rights.

In Cuba, all security is managed by a state-run
third party contractor.
Report on whether training requirements also apply to third-party organizations providing security personnel Yes
General Disclosure
Delegation of Authority
Report the process for delegating authority for economic, environmental, and social topics from the highest governance body to senior executives and other employees The process for delegating authority for
economic, environmental, and social topics is
articulated in Sherritt delegation of authority
policies and procedures.
If consultation is delegated, describe to whom it is delegated and how the resulting feedback is provided to the highest governance body Consultation on economic, environmental, and
social topics is delegated to the most senior
executive responsible for that function or
activity.

The resulting feedback is provided to the Board
of Directors, as applicable and appropriate, in
quarterly reports
Highest Governance Body
Report the nomination and selection processes for the highest governance body and its committees The nomination and selection processes for the
Sherritt Board of Directors and its committees
is described in the 2021 Management
Information Circular.
2021 Management Information Circular
Report the criteria used for nominating and selecting highest governance body members, including whether and how:
i. Stakeholders (including shareholders) are involved The criteria used for nominating and selecting
highest governance body members is described
in the 2021 Management Information Circular.
ii. Diversity is considered The criteria used for nominating and selecting
highest governance body members is described
in the 2021 Management Information Circular.
iii. Independence is considered The criteria used for nominating and selecting
highest governance body members is described
in the 2021 Management Information Circular.
iv. Expertise and experience relating to economic, environmental, and social topics are considered The criteria used for nominating and selecting
highest governance body members is described
in the 2021 Management Information Circular.
Evaluation of Highest Governance Body
Report the processes for evaluating the highest governance body’s performance with respect to governance of economic, environmental, and social topics The processes for evaluating the highest
governance body’s performance with respect
to governance of economic, environmental, and
social topics is described in the 2021
Management Information Circular.
Report whether such evaluation is independent or not, and its frequency Not Independent Quarterly
Report whether such evaluation is a self-assessment Self-Assessed
Risk Management
Report the highest governance body’s role in reviewing the effectiveness of the organization’s risk management processes for economic, environmental, and social topics The highest governance body’s role in
reviewing the effectiveness of the organization’
s risk management processes for economic,
environmental, and social topics is described in
the 2021 Management Information Circular.
2021 Management Information Circular
Review Frequency
Report the frequency of the highest governance body’s review of economic, environmental, and social topics and their impacts, risks, and opportunities Quarterly
Highest Review Position
Report the highest committee or position that formally reviews and approves the organization’s sustainability report and ensures that all material topics are covered The Reserves, Operations, and Capital
Committee of the Board of Directors
Escalation Process
Report the process for communicating critical concerns to the highest governance body Quarterly reports
Critical Concerns
i. Report the number of critical concerns that were communicated to the highest governance body 0
ii. Report the nature of critical concerns that were communicated to the highest governance body Not applicable. No critical concerns were
communicated to the highest governance body.
Report the mechanism(s) used to address and resolve critical concerns Sherritt's grievance and whistleblower
mechanisms
Remuneration
Report which of the following remuneration policies apply to the highest governance body and senior executives:
i. Fixed pay Yes
i. Variable pay Yes
i. Equity-based pay Yes
i. Deferred and vested shares Yes
Report the process for determining remuneration See the 2021 Management Information
Circular.
2021 Management Information Circular
Report whether remuneration consultants are involved in determining remuneration and whether they are independent of management Independent Consultants
Report any other relationships that the remuneration consultants have with the organization No relationship to the organization.
Stakeholder Engagement
Provide a list of stakeholder groups engaged by the organization Government of Canada
Cuban Government
Cuban JV Partners
UNICEF Canada and Cuba
Multilateral Organizations
Charities
Industry Associations
Standards Associations
Investment Community
International Finance Institutions
Insurers
Sustainability Rating Bodies
Academics
Employees
Contractors
Peers
Customers
Feedstock Suppliers
Government of Canada, Cuban Government,
Cuban JV Partners, UNICEF Associations,
Investment Community, International Finance
Institutions, Insurers, Sustainability Rating
Bodies, Academics, Employees, Contractors,
Peers, Customers.
Report the basis for identifying and selecting stakeholders with whom to engage The basis for identifying and selecting
stakeholders with whom to engage includes:
dependency / interest and ability to Influence.
Report the organization’s approach to stakeholder engagement, including frequency of engagement by type and by stakeholder group, and an indication of whether any of the engagement was undertaken specifically as part of the report preparation process The organization's approach to stakeholder
engagement in 2021 included, but was not
limited to, the following:

Drive Stakeholder Engagement Planning and
Execution in Cuba

Support Employee Engagement/Internal
Communication

Advocate Sherritt’s Interests with the Canadian
Government

Develop Stakeholder-Focused
Communications on Responsible Sourcing

Prioritize Proactive Tailings Risk Management
and Communications

No engagement was undertaken specifically as
part of the report preparation process.
Report on key topics and concerns that have been raised through stakeholder engagement, including: No concerns were raised through stakeholder
engagement activities.
Anti-Corruption
Corruption Risks to Operations
i. Total number of operations assessed for corruption risks 2
Due diligence audits were conducted in
accordance with Sherritt's Responsible
Sourcing and Supply Policy for the Metals
division only. OGP has not yet been subject to
these requirements.
iii. Percentage of operations assessed for corruption risks 66.6667%
Report any significant corruptions risks identified
Risk 1 No risks identified
Risk 2 No risks identified
Risk 3 No risks identified
Confirmed Incidents and Response
Total number of confirmed incidents in which employees were dismissed or disciplined for corruption 0
Total number of contracts terminated or not renewed with business partners due to corruption related violations 0
Public legal cases brought against the organization or its employees during the reporting period related to corrupton and the outcomes of such cases 0
Anti-Competitive Behaviour
Legal Actions
Total number of legal actions pending or completed during the reporting period regarding anti-competitive behaviour and violations of anti-trust and monopoly legislation in which the organization has been identified as a participant: 0
Number of legal actions pending during the reporting period regarding anti-competitive behaviour 0
Number of legal actions completed during the reporting period regarding anti-trust behaviour 0
Main outcomes of completed legal actions, including any decisions or judgments Not applicable
Tax
Provide a description of the approach to tax, including:
i. Does the organization have a tax strategy Yes
ii. The governance body or the executive level position within the organization that formally reviews and approves the tax strategy The Organization's Chief Financial Officer
(“CFO”) has overall responsibility for the
oversight of the tax policy and operating
principles. The CFO reports to the Audit
Committee on the Organization's tax status on
an annual basis or more frequently if necessary
including material tax issues and risks, reviews
by tax authorities, and the overall tax strategy.
ii. The frequency of formal review and approval of the tax strategy by the governance body or executive-level position within the organization Annually
iii. The approach to regulatory compliance a) To comply fully with all relevant laws and
regulations, giving due consideration to the
Company’s reputation, brand and social
responsibilities when considering tax
initiatives.

b) Where tax law is unclear or subject to
interpretation, obtaining written advice or
confirmation is considered to support the
position adopted.

c) Obtaining external advice or confirmation is
considered where the financial impact is
material to the Group.
iv. How the approach to tax is linked to the business and sustainable development strategies of the organization Linkage with regulatory compliance, business
ethics and community benefit contributions.
Tax governance, control, and risk management
Provide a description of the tax governance and control framework, including:
i. The governance body or executive-level position within the organization accountable for compliance with the tax strategy a) The Organization's Chief Financial Officer
(“CFO”) has overall responsibility for the
oversight of the tax policy and operating
principles.

b) The responsibility for the execution and
ownership of the tax strategy document resides
with the Director, Global Tax.
ii. How the approach to tax is embedded within the organization Considerable involvement of Organization's
Tax Group in treasury, finance, legal and
operational transactions
iii. The approach to tax risks, including how risks are identified, managed, and monitored a) Organization maintains a low threshold for
tax risk and aims for certainty on tax positions
it adopts.            

b) Ensures that all tax positions are supported
by a strong risk assessment.
iv. How compliance with the tax governance and control framework is evaluated Organization has an internal audit function that
evaluates and formally reports to management
and the Audit Committee on the adequacy and
effectiveness of internal controls as specified in
the approved annual internal audit plan.
Accordingly, external auditors are engaged to
conduct annual reviews of the tax department’s
compliance with the tax governance and
control framework in order to evaluate
performance of internal controls in all tax
procedures and processes.
Provide a description of the mechanisms for reporting concerns about unethical or unlawful behaviour and the organization’s integrity in relation to tax Reference - From 2021 MD&A: INTERNAL
CONTROLS OVER FINANCIAL REPORTING

Management is responsible for establishing and
maintaining adequate internal control over
financial reporting, as defined in NI 52-109.
Internal control over financial reporting means
a process designed by or under the supervision
of the CEO and CFO, management and other
personnel to provide reasonable assurance
regarding the reliability of financial reporting
and the preparation of financial statements for
external purposes in accordance with IFRS.
The internal controls are not expected to
prevent and detect all misstatements due to
error or fraud. Management advises that there
have been no changes in the Corporation’s
internal controls over financial reporting during
2021 that have materially affected or are
reasonably likely to materially affect the
Corporation’s internal control over financial
reporting.

Management, with the participation of the
certifying officers, conducted an evaluation of
the effectiveness of the Corporation’s internal
controls over financial reporting, as of
December 31, 2021, using the Internal Control-
Integrated Framework published in 2013 by
the Committee of Sponsoring Organizations of
the Treadway Commission (COSO 2013
Framework). Based on this evaluation, the CEO
and CFO have concluded that the internal
controls over financial reporting were effective
as of December 31, 2021.
Provide a description of the assurance process for disclosures on tax and, if applicable, a reference to the assurance report, statement, or opinion Reference - From 2021 MD&A: DISCLOSURE
CONTROLS AND PROCEDURES

Management is responsible for establishing and
maintaining adequate internal control over
disclosure controls and procedures, as defined
in National Instrument 52-109 of the Canadian
Securities Commission (NI 52-109). Disclosure
controls and procedures are designed to
provide reasonable assurance that all relevant
information is gathered and reported to
management, including the CEO and CFO, on a
timely basis so that appropriate decisions can
be made regarding public disclosure.
Management, with the participation of the
certifying officers, has evaluated the
effectiveness of the design and operation, as of
December 31, 2021, of the Corporation’s
disclosure controls and procedures. Based on
that evaluation, the certifying officers have
concluded that such disclosure controls and
procedures are effective and designed to
ensure that material information known by
others relating to the Corporation and its
subsidiaries is provided to them.
Describe the approach to stakeholder engagement and management of stakeholder concerns related to tax, including:
i. The approach to engagement with tax authorities a) Undertake all dealings with tax authorities,
government officials, ministers and other third
parties in a professional, courteous and timely
manner.

b) Further, the tax function will aim to pro-
actively manage the relationship with the tax
authorities with the aim of minimizing the risk
of challenge, dispute or damage the Group’s
reputation.  Should a dispute arise with a tax
authority as to how the Tax law should be
interpreted and applied, the Company’s
objective is to resolve any issue promptly in a
professional manner. The tax function should
consider seeking external advice and/or
opinions where the financial impact is material
to the Group and/or there is the potential for
reputational risk to the Company.
ii. The approach to public policy advocacy on tax Annual Sustainability Report being published
by the Organization. Refer to the 2020 report
released - can be accessed at this link:
Sustainability
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