Sherritt International Corporation
2022  ESG Report
Published on  June 21, 2023
Sherritt International Corporation's (‘Sherritt’ or ‘the Corporation’) primary business is focused on the production of nickel and cobalt for sale in the global market. 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 be a responsible and low-cost producer of finished nickel and cobalt while maintaining strong performance in the areas of environment, health and 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 (Moa). 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 (JV) that mines lateritic ore by open pit methods and processes them at its facilities in 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 provide 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. Sherritt's Oil and Gas division and Energas are reported on together as "OGP".
Disclaimer and Forward Looking Statements
Company Profile
Organizational Profile
Name Sherritt International Corporation
Describe nature of activities, brands, products and services Sherritt's business is focused on the production
of nickel and cobalt for sale in the global
market. 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:
21 Mining, quarrying, and oil and gas extraction
22 Utilities
31-33 Manufacturing
54 Professional, scientific and technical
services
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 2022-01-01
To 2022-12-31
External Assurance
Has the report been externally assured No
Geographic Scope of Report
Unless otherwise noted, the data in this report covers ESG matters related to the following countries 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 2022 reporting period, we are focusing
our disclosure on the Oil and Gas division and
Power division (OGP), the Fort Site Production
unit (Fort Site) and our operations in the MOA
nickel and cobalt joint venture (MOA Nickel
Site) 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 report 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.) Sherritt also manages some legacy closure sites
that are excluded from the scope of this report.
Relevant details are available in Sherritt's
Annual Information Form.
2022 Annual Information Form
Currency
Unless otherwise noted, all financial figures referenced in this report are in the following currency CAD
Reporting Practice
Report significant changes from previous reporting periods in the list of material topics and topic Boundaries No significant changes from previous reporting
periods in the list of material topics and topic
boundaries.
If applicable, report the date of the most recent previous report 2021-12-31
Choose the statement as to whether the organization has chosen the CORE or COMPREHENSIVE options in preparing the GRI aligned report Other, please specify
This report has been prepared with reference
to the GRI standards.
If the organization has audited consolidated financial statements or financial information filed on public record, specify the differences between the list of entities included in its financial reporting and the list included in its sustainability reporting Does not apply.
Provide the contact point for questions regarding the report or its contents sustainability@sherritt.com
Membership of Associations
List of the industry associations, other membership associations, and national or international advocacy organizations in which the organisation participates in a significant role Refer to 2022 Sustainability Report.
Raw Material Produced
Identify the total amount of each raw material produced
Fossil Fuel
Natural Gas (Thousands of barrels of oil equivalent (BOE)) 14.133
Liquid Petroleum Gas (LPG) (tonne) 6,170.450
Nuclear Fuel 0.000
Gemstones 0.000
Metals 32,496.193
Cobalt (Co) (tonne) 3,248.888
Nickel (Ni) (tonne) 29,247.305
Aggregate 0.000
In 2021, Sherritt incorrectly reported that
71.563 tonnes of total raw material was
produced. The correct number for 2021, is
41,699.106 tonnes of total raw material
produced. In other words, the variance
between the 2021 and 2022 reports is
attributable to a reporting error, rather than
actual significant production levels between
the two years.
Finished Product for Sale
Identify the total amount of each finished product for sale
Fossil Fuel
Natural Gas (Thousands of barrels of oil equivalent (BOE)) 14.133
Liquid Petroleum Gas (LPG) (tonne) 6,170.450
Nuclear Fuel 0.000
Gemstones 0.000
Metals 35,635.008
Cobalt (Co) (tonne) 3,367.075
Nickel (Ni) (tonne) 32,267.933
Aggregate 0.000
Hydrocarbon Gas Liquids (HGL) (cubic metres, m³) 17,448.758
In 2021, Sherritt incorrectly reported 71.563
tonnes of finished product for sale. The correct
number for 2021, is 41,699.106 tonnes of
finished product for sale. In other words, the
variance between the 2021 and 2022 reports is
attributable to a reporting error, rather than
actual significant production levels between
the two years. In 2022, in addition to the
numbers reported above, the Fort Site location
produced 250,147 tonnes of fertilizer for sale.
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 2022 Sustainability Report.
Strategy
Provide a description of key impacts, risks, and opportunities, Refer to 2022 Annual Information Form.
2022 Annual Information Form
Provide a statement from the highest governance body or most senior executive of the organization (i.e., CEO, chair, or equivalent senior position) about the relevance of sustainable development to the organization and its strategy for for contributing to sustainable development. (CEO's message for this report) Refer to 2022 Sustainability Report.
Supply Chain
a. Report on significant changes to the organization’s size, structure, ownership, or supply chain, including Does not apply for 2022.
Changes in Locations and Operations
i. Changes in the location of, or changes in, operations, including facility openings, closings, and expansions Does not apply for 2022.
Changes in Capital Structure
ii. Changes in the share capital structure and other capital formation, maintenance, and alteration operations (for private sector organizations) Does not apply for 2022.
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 Does not apply for 2022.
Policy commitments
Provide a description of the organization’s policy commitments for responsible business conduct Sherritt is committed to producing and
supplying minerals that meet industry best
practices for sustainability and human rights,
and to advancing that commitment with its
joint venture partners, subsidiaries, and their
suppliers and customers. Sherritt’s Responsible
Production and Supply Policy and Human
Rights Policy identify our commitments, and
our Mineral Supplier Code of Conduct
identifies expectations for suppliers and due
diligence processes to be followed to ensure
any human rights risk in our mineral supply
chain are identified and mitigated. Our
Business Ethics Policy and Anti-Corruption
Policy provide clear guidance to our workforce
on what it means to act with integrity. These
policies cover conflicts of interest, fraud and
corruption, fair dealings, protection and proper
use of the company’s assets, compliance with
regulatory requirements, disclosure,
confidentiality, and reporting mechanisms
available to employees and contractors.
Ethics and Integrity
Describe the mechanisms for individuals to: seek advice on implementing the organization’s policies and practices for responsible business conduct 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.
Mechanisms for individuals to seek advice on
implementing the organization's policies and
practices for responsible business conduct
include accessing Investor Relations at
investor@sherritt.com and/or through
Sherritt's Whistleblower mechanism.
Describe the mechanisms for individuals to: raise concerns about the organization’s business conduct 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.
Reportable Concerns
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 2022 Sustainability Report.
Material Topics - Sherritt
Governance of Material Topics
A description of the grievance mechanism: if the management approach includes such mechanism, describe how the stakeholders who are the intended users of the grievance mechanisms are involved in the design, review, operation, and improvement of these mechanism(s) 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 Legal 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 addition to having access to the Sherritt
grievance mechanism, in Cuba there are also
local mechanisms managed by Sherritt's JV
partners that are 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, and 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
General Disclosure - OGP
Compliance with laws and regulations
Report the total number of fines for instances of non-compliance with laws and regulations that were paid during the reporting period 0
Total number of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period 0
Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period ($Million) 0
General Disclosure - Fort Site
Compliance with laws and regulations
Report the total number of fines for instances of non-compliance with laws and regulations that were paid during the reporting period 0
Total number of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period 0
Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period ($Million) 0
General Disclosure - MOA Nickel Site
Compliance with laws and regulations
Report the total number of fines for instances of non-compliance with laws and regulations that were paid during the reporting period 0
Total number of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period 0
Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period ($Million) 0
General Disclosure - Sherritt
Compliance with laws and regulations
Report the total number of fines for instances of non-compliance with laws and regulations that were paid during the reporting period 0
Total number of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period 0
Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period ($Million) 0


Data Table - Non-Compliance With
Environmental Laws and Regulations
Describe the significant instances of non-compliance Does not apply. All operations are in
compliance with environmental laws and/or
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) 1,033,018.865
Methane (CH₄) (tonne CO₂-e) 45.000
Nitrous oxide (N₂O) (tonne CO₂-e) 1,412,227.960
Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) 8,288.000
Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) 0.000
Sulphur hexafluoride (SF₆) (tonne CO₂-e) 250,800.000
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) 2,704,379.825
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 Net power generation increased from
4,859,091 GJ in 2021 to 6,745,700 GJ in 2022,
representing a 26% increase. This resulted in an
overall increase in emissions as gas turbines are
the main source of power generation.
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 Emissions are calculated by means of
engineering calculations and mass balance
calculations.
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) 332,925.200
Methane (CH₄) (tonne CO₂-e) 1,169.500
Nitrous oxide (N₂O) (tonne CO₂-e) 1,186.040
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) 335,280.740
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 2022 GHG emissions remained within the
historical range. There were no material
changes in activities or operations from
previous years.
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 2022 data is sourced from internal metering,
accounting records, supplier invoices, and
engineering calculations.
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) 587,851.972
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) 587,851.972
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 2022 GHG emissions remained within the
historical range. There were no material
changes in activities or operations from
previous years.
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 Emissions are calculated by means of
engineering calculations using fuel and raw
material consumption.
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) 1,953,796.037
Methane (CH₄) (tonne CO₂-e) 1,214.500
Nitrous oxide (N₂O) (tonne CO₂-e) 1,413,414.000
Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) 8,288.000
Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) 0.000
Sulphur hexafluoride (SF₆) (tonne CO₂-e) 250,800.000
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) 3,627,512.537


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 2022 GHG emissions for the metals business,
which is inclusive of the Fort Site and Moa
Nickel, remained within the historical range as
there were no material changes in activities or
operations from previous years. However, an
increase in production at OGP operations
resulted in a subsequent increase in overall
Sherritt emissions for 2022.
The entity may, where relevant, provide a breakdown of its emissions by mineral or business unit Please see details below on how GHG
emissions were reported concerning joint
ventures and partnerships where Sherritt does
not own 100% of each business unit
responsible for emissions:
Sherritt discloses GHG emissions on behalf of
our JV partners. Accordingly, the total
emissions attributed to Sherritt in this report,
and other sustainability reports prepared by
the Company, overrepresent Sherritt's specific
Scope 1 emissions. The total of Scope 1
emissions that can be attributed to Sherritt are
50% for the Moa Nickel Site and Fort Site
combined, and 33% for the OGP business 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 Site and Moa Nickel Site
and the OGP business is comprised of various
other sites. Production totals for each separate
business should be used to calculate emission
intensities.
The entity shall discuss its long-term and short-term strategy or plan to manage its Scope 1 greenhouse gas (GHG) emissions Refer to 2022 Climate 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) 27,660.000
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) 27,660.000
In 2021, power for OGP operations was
supplied by a larger proportion of internally
produced energy sources.  In 2022, more
energy was purchased from the power grid,
resulting in an increase in Scope 2 emissions.
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) 61,970.000
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) 61,970.000
2022 GHG emissions remained within the
historical range. There were no material
changes in activities or operations from
previous years.
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) 57,588.000
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) 57,588.000
In 2021, power for Moa Nickel operations was
supplied by a larger proportion of externally
produced energy sources.  In 2022, less energy
was purchased from the power grid, resulting in
a reduction in Scope 2 emissions.
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) 147,218.000
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) 147,218.000
Sherritt discloses GHG emissions on behalf of
our JV partners. Accordingly, the total
emissions attributed to Sherritt in this report,
and other sustainability reports prepared by
the Company, overrepresent Sherritt's specific
Scope 2 emissions. The total of Scope 2
emissions that can be attributed to Sherritt are
50% for the Moa Nickel Site and Fort Site
combined, and 33% for the OGP business 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 Site and Moa Nickel Site
and the OGP business is comprised of various
other sites. Production totals for each separate
business should be used to calculate emission
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 2022 Climate Report.
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 GHG emissions have not
reduced as a direct result of reduction
initiatives.
Carbon Offset
Credits
How much CO₂ (metric tonnes) offset credits were purchased? 0.000
Emissions
Emissions Management
Disclose the management approach regarding Emissions Sherritt is committed to tracking and managing
our energy use and GHG emissions at each site.
Sites are required by our Climate Change
standard to implement GHG emission
management systems that meet various
requirements in line with the Mining
Association of Canada’s (MAC) Towards
Sustainable Mining (TSM) Climate Change
Protocol.  Additionally, Sherritt has established
a climate action plan that includes aspirational
interim targets for reducing our carbon
footprint that are aligned with global net-zero
ambitions. Furthermore, as part of the climate
action plan, baseline GHG emissions
assessments are being completed at all
operations. This will enable improved emissions
management in future years.
TSM Climate Change Protocol
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) 4,737.000
Emissions of oxides of sulphur (SOx), reported as SOx (tonne) 35,975.000
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 - Fort Site
Report emissions of air pollutants that are released into the atmosphere
Emissions of carbon monoxide, reported as CO (tonne) 218.411
Emissions of oxides of nitrogen (NOx), reported as NOx (tonne) 1,471.274
Emissions of oxides of sulphur (SOx), reported as SOx (tonne) 138.724
Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne) 87.902
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) 9.889
Air Emissions - MOA Nickel Site
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) 1,371.000
Emissions of oxides of sulphur (SOx), reported as SOx (tonne) 15,112.000
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 - Sherritt
Report emissions of air pollutants that are released into the atmosphere
Emissions of carbon monoxide, reported as CO (tonne) 218.411
Emissions of oxides of nitrogen (NOx), reported as NOx (tonne) 7,579.274
Emissions of oxides of sulphur (SOx), reported as SOx (tonne) 51,225.724
Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne) 87.902
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) 9.889
Total air emissions reported for OGP, Fort Site
and MOA Nickel Site are 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) 611,442.000
Percentage energy consumed that was supplied by grid electricity 44.4111%
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) 6,918,079.000
In 2022, improved environmental tracking
accounted for energy derived from the
combustion of sulphur at the Fort Site, which
was not reported in 2021.
Percentage energy consumed that was supplied by grid electricity 8.7156%
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) 9,706,000.000
In 2022, improved environmental tracking
accounted for steam from additional plant
areas at Moa Nickel, which was not reported in
2021.
Percentage energy consumed that was supplied by grid electricity 2.3594%
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) 17,235,521.000
Percentage energy consumed that was supplied by grid electricity 6.4025%
Percentage of energy consumed that is renewable energy 0.0000%
Energy - OGP
Energy Consumption
c. Report the energy consumed in gigajoules for the following :
Electricity consumption (gigajoules, GJ) 611,442.000
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) 6,306,766.510
Heating sold (gigajoules, GJ) 0.000
Cooling sold (gigajoules, GJ) 0.000
Steam sold (gigajoules, GJ) 0.000
Energy - Fort Site
Energy Consumption
c. Report the energy consumed in gigajoules for the following :
Electricity consumption (gigajoules, GJ) 602,953.000
Heating consumption (gigajoules, GJ) 838,809.000
In 2022, improved environmental tracking
accounted for energy used for hearting at the
Fort Site, which was not reported in 2021.
Cooling consumption (gigajoules, GJ) 0.000
Steam consumption (gigajoules, GJ) 5,386,671.000
In 2021, this data reflected total steam
consumption. In 2022, correction to the
datasets were made to better reflect
operational realities (i.e., that energy was used
to  generate internal electricity).
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) 89,646.190
Energy - MOA Nickel Site
Energy Consumption
c. Report the energy consumed in gigajoules for the following :
Electricity consumption (gigajoules, GJ) 229,000.000
Heating consumption (gigajoules, GJ) 7,200,000.000
In 2022, improved environmental tracking
accounted for energy used for hearting at Moa
Nickel, which was not reported in 2021.
Cooling consumption (gigajoules, GJ) 0.000
Steam consumption (gigajoules, GJ) 2,277,000.000
In 2021, this data reflected total steam
consumption. In 2022, correction to the
datasets were made to better reflect
operational realities (i.e., that energy was used
to  generate internal electricity).
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 - Sherritt
Energy Consumption
c. Report the energy consumed in gigajoules for the following :
Electricity consumption (gigajoules, GJ) 1,443,395.000
Heating consumption (gigajoules, GJ) 8,038,809.000
Cooling consumption (gigajoules, GJ) 0.000
Steam consumption (gigajoules, GJ) 7,663,671.000
d. Report energy sold in gigajoules and report the totals for each
Electricity sold (gigajoules, GJ) 6,306,766.510
Heating sold (gigajoules, GJ) 0.000
Cooling sold (gigajoules, GJ) 0.000
Steam sold (gigajoules, GJ) 89,646.190
Report the standards, methodologies, assumptions, conversion factors and/or calculation tools used Total energy consumption reported for OGP,
Fort Site and MOA Nickel Site is based on
available information and/or on the
applicability of the indicator to the operation.
Energy
Energy Intensity
The total energy consumption within the organization, in gigajoules 17,235,521.000
Water - OGP
Efficiency
Proportion of water reused and recycled by the site to reduce the overall consumptive water demand Does Not Apply
Water - Fort Site
Efficiency
Proportion of water reused and recycled by the site to reduce the overall consumptive water demand 37.2972%
This percentage represents the proportion of
water reused at the Fort Site in cooling
processes.
Water - MOA Nickel Site
Efficiency
Proportion of water reused and recycled by the site to reduce the overall consumptive water demand 32.7610%
Water - Sherritt
Efficiency
Proportion of water reused and recycled by the site to reduce the overall consumptive water demand 33.3797%
Water - OGP
Water Management
Disclose the amount of water that was withdrawn from freshwater sources (in thousands of cubic meters) 70.435
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 Does not apply. Operations do not interact with
water bodies classified as being in High or
Extremely High Water Stress locations as
defined by the World Resources Institute's
(WRI) Water Risk Atlas tool, Aqueduct.
Water - Fort Site
Water Management
Disclose the amount of water that was withdrawn from freshwater sources (in thousands of cubic meters) 2,511.331
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 Does not apply. Operations do not interact with
water bodies classified as being in High or
Extremely High Water Stress locations as
defined by the WRI Water Risk Atlas tool,
Aqueduct.
Water - MOA Nickel Site
Water Management
Disclose the amount of water that was withdrawn from freshwater sources (in thousands of cubic meters) 15,345.000
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 Does not apply. Operations do not interact with
water bodies classified as being in High or
Extremely High Water Stress locations as
defined by the WRI Water Risk Atlas tool,
Aqueduct.
Water - Sherritt
Water Management
Disclose the amount of water that was withdrawn from freshwater sources (in thousands of cubic meters) 17,926.766
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 Does not apply. 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 - Sherritt
Interactions with Water As A Shared Resource
Describe how the organization interacts with water, including how and where water is withdrawn, consumed, and discharged, and the water-related impacts caused or contributed to, or directly linked to the organization’s activities, products or services by a business relationship (e.g., impacts caused by runoff) Our Water Management Standard requires all
sites to implement a water monitoring program
that addresses surface water and groundwater,
in which both water quality and water quantity
monitoring parameters have been informed by
identified risks. Sites are required to maintain
records of facility-level water quality and
quantity data and to conduct regular trend
analyses to inform iterative water management
decision making processes.
Describe the approach used to identify water-related impacts, including the scope of assessments, their timeframe, and any tools or methodologies used Sherritt’s Water Management Standard
requires sites to identify and assess facility-
level risks related to surface water and
groundwater.  Sites are required to establish
water performance objectives that include
controls, response and contingency plans, and
monitoring for the relevant water risks. Where
relevant, sites are required to identify and
engage with relevant water-related
Communities of Interest (COI) to better
understand how they use water resources,
including water-related local practices, beliefs,
customs and traditional knowledge in the case
that water-related impacts arise.
Describe how water-related impacts are addressed, including how the organization works with stakeholders to steward water as a shared resource, and how it engages with suppliers or customers with significant water-related impacts Water management at each of our sites is
tailored to site specific requirements and the
application of overarching principles contained
within Sherritt's Water Management Standard.
Water management is a cooperative effort
between Sherritt and the appropriate
regulatory agencies.
Explain the process for setting any water-related goals and targets that are part of the organization’s management approach, and how they relate to public policy and the local context of each area with water stress Sherritt has established public targets related
to water recycling objectives as part of our
current 5-year Sustainability Goals. These
targets were selected based on the water risk
profile of the sites (moderate to low risk), and
operational optimization opportunities.
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
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
Waste - MOA Nickel Site
Waste Generation and Significant Waste-Related Impacts
Report the total amounts generated of the following and associated risks (tonnes) 6,305,811.000
Overburden amount (tonnes) 3,174,159.000
Rock amount (tonnes) 57,338.000
Tailings amount (tonnes) 3,074,314.000
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 2022 Tailings Management 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 2022 Tailings Management Report.
Report the total amounts generated of the following and associated risks (tonnes) 6,305,811.000
Overburden amount (tonnes) 3,174,159.000
Rock amount (tonnes) 57,338.000
Tailings amount (tonnes) 3,074,314.000


Data Table - Total Amounts of Overburden,
Rock, Tailings and Sludge and Their Associated
Risks
Waste - OGP
Waste Generated
Report the total weight of waste generated (tonne) 9,968.300
Waste - Fort Site
Waste Generated
Report the total weight of waste generated (tonne) 3,437.000
Waste - MOA Nickel Site
Waste Generated
Report the total weight of waste generated (tonne) 9,536.000
Waste - Sherritt
Waste Generation and Significant Waste-Related Impacts
Describe the processes used to collect and monitor waste-related data Sherritt’s Waste Management Standard
requires sites to compile and review hazardous
and non-hazardous waste data for internal
and/or external reporting purposes on an
annual basis.
Waste Generated
Report the total weight of waste generated (tonne) 22,941.300
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
There were no significant spills at any of
Sherritt's operations in 2022.  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
Disclose the total weight of tailings produced (tonne) 0.000
Disclose the total amount of overburden removed (tonne) 0.000
Waste Management - Fort Site
Disclose the total weight of tailings produced (tonne) 0.000
Disclose the total amount of overburden removed (tonne) 0.000
Waste Management - MOA Nickel Site
Disclose the total weight of tailings produced (tonne) 3,074,314.000
Disclose the total amount of waste rock generated (tonne) 57,338.000
Disclose the total amount of overburden removed (tonne) 3,174,159.000
Waste Management - Sherritt
Disclose the total weight of tailings produced (tonne) 3,074,314.000
Disclose the total amount of waste rock generated (tonne) 57,338.000
Disclose the total amount of overburden removed (tonne) 3,174,159.000
Describe the policies and procedures that are set forth by the company's waste and hazardous materials management strategy Sherritt has developed several guidance
documents to assist site users on the
management of waste including a Waste
Management Process, Waste Process Manual,
Hazardous Waste Manifest Procedure and an
Annual Waste Report Procedure.
Describe how its policies and procedures compare with those required by local jurisdictions that apply to the entity Sherritt policies and procedures meet or
exceed all applicable local, provincial or
national waste regulations.
Describe how waste and hazardous materials management efforts are coordinated among business partners (e.g., contractors and subcontractors) Sherritt's Waste Management Standard
requires sites to provide training to relevant
employees and contractors in accordance with
their roles and responsibilities.
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 Tailings Management
Protocol.
TSM Tailings Management Protocol
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 2022-12-15
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 11,800,000.000
TSF #2: (7) current amount of tailings stored 10,600,000.000
TSF #2: (8) consequence classification Significant
TSF #2: (9) date of most recent independent technical review 2022-12-14
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 Intensive/Care and Maintenance and
Costruction
TSF #3: (5) construction method Centreline
TSF #3: (6) maximum permitted storage capacity 9,983,000.000
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 2022-12-13
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 We perform readings on piezometers and
settlement monuments, and we are assessing
the use of a laser scanner in the North
Extension (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 The tailings management systems and
governance structure used to monitor and
maintain the stability of tailings storage
facilities is summarized in the 2022 Tailings
Management Report. Each TSF is monitored
regularly by the tailings management teams
and Engineer of Record for safety and stability.
Instrumentation such as piezometers and
settlement monuments are reviewed as part of
those assessments.
Disclose the approach to the development of Emergency Preparedness and Response Plans (EPRPs) Emergency Preparedness and Response Plans
(EPRPs) are developed along with the
Operations Maintenance and Surveillance
(OMS) manual every two years or when a major
facility change occurs. EPRPs are prepared by
the Engineer on Record and the Tailings Dam
Team. The initial draft is sent for peer revision
and the final version is sent to Moa Nickel
Directors and Sub-Directors for revision and
commentaries. Finally, this document is sent to
local authorities 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 EPRPs and the OMS are prepared to establish a
close commitment with the surrounding
neighborhood La Veguita. Two major safety
campaigns are implemented annually to engage
the local population and warn them of 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.
Biodiversity - Sherritt
Management Plan
Disclose the approach to biodiversity management Sherritt is committed to identifying, managing,
protecting, and conserving biodiversity. Our
Biodiversity Management Standard is designed
to meet all the Level A requirements of the
TSM Biodiversity Conservation Management
Protocol. 

To achieve implementation of our Biodiversity
Management Standard, operating sites are
required to develop a site level biodiversity
action plan that assesses potential impacts or
risks to biodiversity and identifies specific
objectives or targets for significant biodiversity
aspects. These biodiversity action plans include
considerations such as local ecological
knowledge, identification of any no-go or buffer
zones near key areas, and monitoring and
evaluation mechanisms.  Action plans are
designed to address legal and corporate
obligations (including those related to closure
and post-closure) and align with existing
regional initiatives, where possible.
TSM 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 Does not apply. Project footprints do not
overlap with protected areas and areas of high
biodiversity value outside protected areas.
List the environmental and biodiversity management plan(s) implemented at active sites Biodiversity Conservation Management Plan

TSM Biodiversity Conservation Management
Protocol
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 - 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
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) 888.74
Total amount of land newly disturbed within the reporting period (B) 63.72
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) 912.46
Total cumulative land rehabilitated since the beginning of the operation (hectares) 870.12
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) 1,068.04
Total amount of land newly disturbed within the reporting period (B) 63.72
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) 1,091.76


Data Table - Amount of Land (Owned or
Leased, and Managed for Production Activities
or Extractive Use) Disturbed or Rehabilitated
Total cumulative land rehabilitated since the beginning of the operation (hectares) 870.12
Social
Scale of the Organization
Describe how the organisation defines its "Operation" For the purpose of this section of the report,
Sherritt has classified its operations as follows:

Other (3) - Workforce located in the Bahamas,
UK and Spain.

Cuba (3) - OGP, Moa Nickel and Havana office
workforce located in Cuba.

Canada (4) - Toronto and Calgary
administrative offices and Fort Site and
Technologies division workforce located in
Canada.
Employment - Other
Scale of the Organization
Report the total number of direct employees worldwide (exclude contractors) 19
Report the total number of contract employees worldwide 0
Female employees and contractors as percentage of total employees and contractors 68.4211%
Male employees and contractors as percentage of total employees and contractors 31.5789%
Employees and contractors with gender not disclosed as percentage of total employees and contractors 0.0000%
Contractors as percentage of total employed workforce worldwide 0.0000%
Employment - Cuba
Scale of the Organization
Report the total number of direct employees worldwide (exclude contractors) 31
Report the total number of contract employees worldwide 2,451
The Cuban workforce is supplied by two state
employment contractors. 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 0.0000%
Male employees and contractors as percentage of total employees and contractors 1.2490%
Employees and contractors with gender not disclosed as percentage of total employees and contractors 0.0000%
Contractors as percentage of total employed workforce worldwide 98.7510%
The Cuban workforce is supplied by two state
employment contractors. All contractors are
under Sherritt and its partners' duty of care,
but Cuban nationals are not hired directly by
Sherritt.
Employment - Canada
Scale of the Organization
Report the total number of direct employees worldwide (exclude contractors) 816
Report the total number of contract employees worldwide 58
Female employees and contractors as percentage of total employees and contractors 21.3959%
Male employees and contractors as percentage of total employees and contractors 71.9680%
Employees and contractors with gender not disclosed as percentage of total employees and contractors 5.1487%
Contractors as percentage of total employed workforce worldwide 6.6362%
Scale of the Organization
Report the total number of operations 10
Employment - Sherritt
Scale of the Organization
Report the total number of direct employees worldwide (exclude contractors) 866
Report the total number of contract employees worldwide 2,509
The Cuban workforce is supplied by two state
employment contractors. 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 5.9259%
Male employees and contractors as percentage of total employees and contractors 19.7333%
Employees and contractors with gender not disclosed as percentage of total employees and contractors 1.3333%
Contractors as percentage of total employed workforce worldwide 74.3407%
The Cuban workforce is supplied by two state
employment contractors. All contractors are
under Sherritt and its partners' duty of care,
but Cuban nationals are not hired directly by
Sherritt.
Employment - Other
Employee Information
Report the total number of direct employees by employment type (permanent and temporary), by gender 19
Total number of permanent employees 19
Total number of permanent employees - female 13
Total number of permanent employees - male 6
Total number of temporary employees 0
Report the total number of employees by employment type (full-time and part-time), by gender 19
Report the total number of full-time employees 19
Report the total number of part-time employees 0
Total number of full-time employees - female 13
Total number of part-time employees - female 0
Total number of full-time employees - male 6
Total number of part-time employees - male 0
Employment - Cuba
Employee Information
Report the total number of direct employees by employment type (permanent and temporary), by gender 31
Total number of permanent employees 18
Total number of permanent employees - female 0
Total number of permanent employees - male 18
Total number of temporary employees 13
Total number of temporary employees - female 0
Total number of temporary employees - male 13
Report the total number of employees by employment type (full-time and part-time), by gender 31
Report the total number of full-time employees 31
Report the total number of part-time employees 0
Total number of full-time employees - female 0
Total number of part-time employees - female 0
Total number of full-time employees - male 31
Total number of part-time employees - male 0
Employment - Canada
Employee Information
Report the total number of direct employees by employment type (permanent and temporary), by gender 816
Total number of permanent employees 781
Total number of permanent employees - female 175
Total number of permanent employees - male 606
Total number of temporary employees 35
Total number of temporary employees - female 12
Total number of temporary employees - male 23
Report the total number of employees by employment type (full-time and part-time), by gender 816
Report the total number of full-time employees 802
Report the total number of part-time employees 14
Total number of full-time employees - female 179
Total number of part-time employees - female 8
Total number of full-time employees - male 623
Total number of part-time employees - male 6
Employment - Sherritt
Employee Information
Report the total number of direct employees by employment type (permanent and temporary), by gender 866
Total number of permanent employees 818
Total number of permanent employees - female 188
Total number of permanent employees - male 630
Total number of permanent employees - Gender not disclosed 0
Total number of temporary employees 48
Total number of temporary employees - female 12
Total number of temporary employees - male 36
Total number of temporary employees - Gender not disclosed 0
Report the total number of employees by employment type (full-time and part-time), by gender 866
Report the total number of full-time employees 852
Report the total number of part-time employees 14
Total number of full-time employees - female 192
Total number of part-time employees - female 8
Total number of full-time employees - male 660
Total number of part-time employees - male 6


Data Table - Information on Employees and
Other Workers
Employment - Other
Workers who are not employees
Report the total number of contractors by employment type (permanent and temporary), by gender 0
Total number of permanent contractors 0
Report the total number of contractors by employment type (full-time and part-time), by gender 0
Employment - Cuba
Workers who are not employees
Report the total number of contractors by employment type (permanent and temporary), by gender 2,451
The Cuban workforce is supplied by two state
employment contractors. 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 2,451
Total number of permanent contractors - female 214
Total number of permanent contractors - male 2,237
Total number of temporary contractors 0
Report the total number of contractors by employment type (full-time and part-time), by gender 2,451
The Cuban workforce is supplied by two state
employment contractors. All contractors are
under Sherritt and its partners' duty of care,
but Cuban nationals are not hired directly by
Sherritt.
Total number of full-time contractors - female 214
Total number of part-time contractors - female 0
Total number of full-time contractors - male 2,237
Total number of part-time contractors - male 0
Employment - Canada
Workers who are not employees
Report the total number of contractors by employment type (permanent and temporary), by gender 58
Total number of permanent contractors 0
Total number of temporary contractors 58
Total number of temporary contractors - female 4
Total number of temporary contractors - male 9
Total number of temporary contractors - Gender not disclosed 45
Report the total number of contractors by employment type (full-time and part-time), by gender 58
Total number of full-time contractors - female 4
Total number of part-time contractors - female 0
Total number of full-time contractors - male 9
Total number of part-time contractors - male 0
Total number of full-time contractors - Gender not disclosed 45
Total number of part-time contractors - Gender not disclosed 0
Employment - Sherritt
Workers who are not employees
Report the total number of contractors by employment type (permanent and temporary), by gender 2,509
The Cuban workforce is supplied by two state
employment contractors. 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 2,451
Total number of permanent contractors - female 214
Total number of permanent contractors - male 2,237
Total number of temporary contractors 58
Total number of temporary contractors - female 4
Total number of temporary contractors - male 9
Total number of temporary contractors - Gender not disclosed 45
Report the total number of contractors by employment type (full-time and part-time), by gender 2,509
The Cuban workforce is supplied by two state
employment contractors. All contractors are
under Sherritt and its partners' duty of care,
but Cuban nationals are not hired directly by
Sherritt.
Total number of full-time contractors - female 218
Total number of part-time contractors - female 0
Total number of full-time contractors - male 2,246
Total number of part-time contractors - male 0
Total number of full-time contractors - Gender not disclosed 45
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) 3
Rate of turnover 16.6667%
Voluntary Turnover
Total number of turnover (the number that left voluntarily during the period) 2
Rate of turnover 11.1111%
Involuntary Turnover
Total number of turnover (the number that left involuntarily during the period) 1
Rate of turnover 5.5556%
Female employees
Total number of turnover (the number of females that left during the period) 1
Rate of turnover, females 8.3333%
Male employees
Total number of turnover (the number of males that left during the period) 2
Rate of turnover, males 33.3333%
Turnover & Age Breakdown
Total number of turnover (the number that left during the period) 1
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) 2
As percent of total employees 42.1053%
Rate of turnover 28.5714%
Employees over 50 years old
Total number of turnover (the number that left during the period) 1
As percent of total employees 47.3684%
Rate of turnover 10.5263%
Identify types of employees captured in the turnover rate calculations Other, please specify
All employees that are included on Sherritt's
payroll.
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) 6
Rate of turnover 18.7500%
Voluntary Turnover
Total number of turnover (the number that left voluntarily during the period) 6
Rate of turnover 18.7500%
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 Does Not Apply
Male employees
Total number of turnover (the number of males that left during the period) 6
Rate of turnover, males 18.7500%
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) 3
As percent of total employees 0.5641%
Rate of turnover 18.1818%
Employees over 50 years old
Total number of turnover (the number that left during the period) 3
As percent of total employees 0.6849%
Rate of turnover 19.3548%
Identify types of employees captured in the turnover rate calculations Other, please specify
All employees that are included on Sherritt's
payroll.
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) 126
Rate of turnover 14.8235%
Voluntary Turnover
Total number of turnover (the number that left voluntarily during the period) 80
Rate of turnover 9.4118%
Involuntary Turnover
Total number of turnover (the number that left involuntarily during the period) 46
Rate of turnover 5.4118%
Female employees
Total number of turnover (the number of females that left during the period) 38
Rate of turnover, females 20.4852%
Male employees
Total number of turnover (the number of males that left during the period) 88
Rate of turnover, males 13.7072%
Turnover & Age Breakdown
Employees aged 30 years old and under
Total number of turnover (the number that left during the period) 18
As percent of total employees 9.6110%
Rate of turnover 19.6721%
Employees aged between 30 and 50 years old
Total number of turnover (the number that left during the period) 48
As percent of total employees 51.7162%
Rate of turnover 10.9966%
Employees over 50 years old
Total number of turnover (the number that left during the period) 60
As percent of total employees 32.0366%
Rate of turnover 20.4778%
Identify types of employees captured in the turnover rate calculations Other, please specify
All employees that are included on Sherritt's
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) 135
Rate of turnover 15.0000%
Voluntary Turnover
Total number of turnover (the number that left voluntarily during the period) 88
Rate of turnover 9.7778%
Involuntary Turnover
Total number of turnover (the number that left involuntarily during the period) 47
Rate of turnover 5.2222%
Female employees
Total number of turnover (the number of females that left during the period) 39
Rate of turnover, females 19.7468%
Male employees
Total number of turnover (the number of males that left during the period) 96
Rate of turnover, males 14.1176%


Data Table - Employee Turnover
Turnover & Age Breakdown
Employees aged 30 years old and under
Total number of turnover (the number that left during the period) 19
As percent of total employees 2.4889%
Rate of turnover 20.6522%
Employees aged between 30 and 50 years old
Total number of turnover (the number that left during the period) 53
As percent of total employees 14.0444%
Rate of turnover 11.5217%
Employees over 50 years old
Total number of turnover (the number that left during the period) 64
As percent of total employees 9.0667%
Rate of turnover 20.1258%
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 3
Rate of hire 15.7895%
Total female hires during the reporting period 3
Females as percent of total new hires 100.0000%
Total males hires during the reporting period 0
Males as percent of total new hires 0.0000%
Total hires during the reporting period (30 yr and under) 0
30 yr and under as percent of total new hires 0.0000%
Total hires during the reporting period (30-50 yrs) 2
30-50 yrs as percent of total new hires 66.6667%
Total hires during the reporting period (50+ yrs) 1
50+ yrs as percent of total new hires 33.3333%
Identify types of employees captured in the hire rate calculations Other, please specify
All employees that are included on Sherritt's
payroll.
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 3
Rate of hire 9.6774%
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 3
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) 1
30-50 yrs as percent of total new hires 33.3333%
Employees over 50 years old
Total hires during the reporting period (50+ yrs) 2
50+ yrs as percent of total new hires 66.6667%
Identify types of employees captured in the hire rate calculations Other, please specify
All employees that are included on Sherritt's
payroll.
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 127
Rate of hire 14.5309%
Female employees
Total female hires during the reporting period 49
Females as percent of total new hires 38.5827%
Male employees
Total males hires during the reporting period 78
Males as percent of total new hires 61.4173%
Employees aged 30 years old and under
Total hires during the reporting period (30 yr and under) 37
30 yr and under as percent of total new hires 29.1339%
Employees aged between 30 and 50 years old
Total hires during the reporting period (30-50 yrs) 62
30-50 yrs as percent of total new hires 48.8189%
Employees over 50 years old
Total hires during the reporting period (50+ yrs) 28
50+ yrs as percent of total new hires 22.0472%
Identify types of employees captured in the hire rate calculations Other, please specify
All employees that are included on Sherritt's
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 133
Rate of hire 14.3939%
Female employees
Total female hires during the reporting period 52
Females as percent of total new hires 39.0977%
Male employees
Total males hires during the reporting period 81
Males as percent of total new hires 60.9023%


Data Table - New Employee Hires
Employees aged 30 years old and under
Total hires during the reporting period (30 yr and under) 37
30 yr and under as percent of total new hires 27.8195%
Employees aged between 30 and 50 years old
Total hires during the reporting period (30-50 yrs) 65
30-50 yrs as percent of total new hires 48.8722%
Employees over 50 years old
Total hires during the reporting period (50+ yrs) 31
50+ yrs as percent of total new hires 23.3083%
Labour Relations - Sherritt
Collective Bargaining Agreements
Percentage of total direct employees covered by collective bargaining agreements 50.9353%
This number applies only to employees at the
Fort Site as this is the only site that is unionized
under Sherritt's direct supervision. All local
Cuban nationals, identified as contractors in
Sherritt's workforce, at OGP and Moa may be
covered under a collective bargaining
agreement or agreements, but these
agreements are not facilitated by Sherritt.
Number of lock-outs exceeding one week's duration 0
Number of strikes exceeding one week's duration 0
Occupational Health and Safety - OGP
Work-related Injuries
Injuries - For all employees
i. Number of fatalities as a result of work-related injury 0
i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.000
ii. Number of high-consequence work-related injuries (excluding fatalities) 0
ii. Rate of high-consequence work-related injuries (excluding fatalities) 0.000
iii. Number of recordable work-related injuries 0
iii. Rate of recordable work-related injuries 0.000
v. Number of hours worked 864,569
Lost Time Injuries (LTIs) 0
Lost Time Injuries Rate (LTIR) 0.000
The data in the section above represents all
full-time equivalent employees at OGP
excluding ad hoc contractors.
Injuries - workers who are not employees but whose work and/or workplace is controlled by the organization
i. Number of fatalities as a result of work-related injury 0
i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours 0.000
ii. Number of high-consequence work-related injuries (excluding fatalities) 0
ii. Rate of high-consequence work-related injuries (excluding fatalities) 0.000
iii. Number of recordable work-related injuries 3
iii. Rate of recordable work-related injuries 1.505
v. Number of hours worked 398,697
Lost Time Injuries (LTIs) 1
Lost Time Injuries Rate (LTIR) 0.502
Combined (Employees and non-employees, but controlled by the organization):
Total Hours Worked 1,263,266
Total number of all work-related injuries 3
Rate of work-related injuries 0.475
Total Lost Time Injuries (LTIs) 1
Lost Time Injuries Rate (LTIR) 0.158
Occupational Health and Safety - Fort Site
Work-related Injuries
Injuries - For all employees
i. Number of fatalities as a result of work-related injury 0
i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.000
ii. Number of high-consequence work-related injuries (excluding fatalities) 0
ii. Rate of high-consequence work-related injuries (excluding fatalities) 0.000
iii. Number of recordable work-related injuries 1
iii. Rate of recordable work-related injuries 0.144
v. Number of hours worked 1,391,592
Lost Time Injuries (LTIs) 0
Lost Time Injuries Rate (LTIR) 0.000
Injuries - workers who are not employees but whose work and/or workplace is controlled by the organization
i. Number of fatalities as a result of work-related injury 0
i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours 0.000
ii. Number of high-consequence work-related injuries (excluding fatalities) 0
ii. Rate of high-consequence work-related injuries (excluding fatalities) 0.000
iii. Number of recordable work-related injuries 0
iii. Rate of recordable work-related injuries 0.000
v. Number of hours worked 443,897
Lost Time Injuries (LTIs) 0
Lost Time Injuries Rate (LTIR) 0.000
Combined (Employees and non-employees, but controlled by the organization):
Total Hours Worked 1,835,489
Total number of all work-related injuries 1
Rate of work-related injuries 0.109
Total Lost Time Injuries (LTIs) 0
Lost Time Injuries Rate (LTIR) 0.000
Occupational Health and Safety - MOA Nickel Site
Work-related Injuries
Injuries - For all employees
i. Number of fatalities as a result of work-related injury 0
i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.000
ii. Number of high-consequence work-related injuries (excluding fatalities) 0
ii. Rate of high-consequence work-related injuries (excluding fatalities) 0.000
iii. Number of recordable work-related injuries 2
iii. Rate of recordable work-related injuries 0.095
v. Number of hours worked 4,191,344
Lost Time Injuries (LTIs) 2
Lost Time Injuries Rate (LTIR) 0.095
The data in the section above represents all
full-time equivalent employees at the Moa
Nickel Site excluding ad hoc contractors.
Injuries - workers who are not employees but whose work and/or workplace is controlled by the organization
i. Number of fatalities as a result of work-related injury 0
i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours 0.000
ii. Number of high-consequence work-related injuries (excluding fatalities) 0
ii. Rate of high-consequence work-related injuries (excluding fatalities) 0.000
iii. Number of recordable work-related injuries 0
iii. Rate of recordable work-related injuries 0.000
v. Number of hours worked 1,317,136
Lost Time Injuries (LTIs) 0
Lost Time Injuries Rate (LTIR) 0.000
Combined (Employees and non-employees, but controlled by the organization):
Total Hours Worked 5,508,480
Total number of all work-related injuries 2
Rate of work-related injuries 0.073
Total Lost Time Injuries (LTIs) 2
Lost Time Injuries Rate (LTIR) 0.073
Occupational Health and Safety - Corporate
Work-related Injuries
Injuries - For all employees
i. Number of fatalities as a result of work-related injury 0
i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.000
ii. Number of high-consequence work-related injuries (excluding fatalities) 0
ii. Rate of high-consequence work-related injuries (excluding fatalities) 0.000
iii. Number of recordable work-related injuries 0
iii. Rate of recordable work-related injuries 0.000
v. Number of hours worked 151,680
Lost Time Injuries (LTIs) 0
Lost Time Injuries Rate (LTIR) 0.000
Injuries - workers who are not employees but whose work and/or workplace is controlled by the organization
i. Number of fatalities as a result of work-related injury 0
i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours 0.000
ii. Number of high-consequence work-related injuries (excluding fatalities) 0
ii. Rate of high-consequence work-related injuries (excluding fatalities) 0.000
iii. Number of recordable work-related injuries 0
iii. Rate of recordable work-related injuries 0.000
v. Number of hours worked 0
Lost Time Injuries (LTIs) 0
Lost Time Injuries Rate (LTIR) 0.000
Combined (Employees and non-employees, but controlled by the organization):
Total Hours Worked 151,680
Total number of all work-related injuries 0
Rate of work-related injuries 0.000
Total Lost Time Injuries (LTIs) 0
Lost Time Injuries Rate (LTIR) 0.000
Occupational Health and Safety - Sherritt
Work-related Injuries
Injuries - For all employees
i. Number of fatalities as a result of work-related injury 0
i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.000
ii. Number of high-consequence work-related injuries (excluding fatalities) 0
ii. Rate of high-consequence work-related injuries (excluding fatalities) 0.000
iii. Number of recordable work-related injuries 3
iii. Rate of recordable work-related injuries 0.091
v. Number of hours worked 6,599,185
Lost Time Injuries (LTIs) 2
Lost Time Injuries Rate (LTIR) 0.061
The data in the section above represents all
full-time equivalent employees excluding ad
hoc contractors.
Injuries - workers who are not employees but whose work and/or workplace is controlled by the organization
i. Number of fatalities as a result of work-related injury 0
i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours 0.000
ii. Number of high-consequence work-related injuries (excluding fatalities) 0
ii. Rate of high-consequence work-related injuries (excluding fatalities) 0.000
iii. Number of recordable work-related injuries 3
iii. Rate of recordable work-related injuries 0.278
v. Number of hours worked 2,159,730
Lost Time Injuries (LTIs) 1
Lost Time Injuries Rate (LTIR) 0.093
Combined (Employees and non-employees, but controlled by the organization):
Total Hours Worked 8,758,915
Total number of all work-related injuries 6
Rate of work-related injuries 0.137
Total Lost Time Injuries (LTIs) 3
Lost Time Injuries Rate (LTIR) 0.069
Child Labour - OGP
Operations and Suppliers At Risk
Disclose operations and suppliers considered to have significant risk for incidents of:
i.Child labour Does not apply.
ii. Young workers exposed to hazardous work Does not apply.
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 Does not apply.
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 International Labour
Organization's (ILO) 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. Sherritt has also
established a Human Rights Policy that
stipulates a strict prohibition of any use of child
labour in its own operations or supply chain.
Child Labour - Fort Site
Operations and Suppliers At Risk
Disclose operations and suppliers considered to have significant risk for incidents of:
i.Child labour Does not apply.
ii. Young workers exposed to hazardous work Does not apply.
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 Does not apply.
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 Does not apply.
ii. Young workers exposed to hazardous work Does not apply.
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 Does not apply.
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 International Labour
Organization's (ILO) 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. Sherritt has also
established a Human Rights Policy that
stipulates a strict prohibition of any use of child
labour in its own operations or supply chain. In
2022, a Conflict-Affected and High Risk Area
assessment was completed and follow-up due
diligence assessment at the Moa Nickel Site.
There is no child labour or other high risks in
Sherritt's mineral supply chain. More
information is available on Sherritt's website.
Sherritt's Website
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."
Discuss practices and list procedures while operating in areas of conflict Sherritt does not operate in areas of conflict as
per the World Bank's list of "Fragile and
Conflict-Affected Situations."
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 0
These are corporate offices, Human Rights
Impact Assessment (HRIA) requirements are
not applicable.
Report the total percentage of operations that have been subject to human rights reviews or human rights impact assessments, by country Does Not Apply
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
Of the three operating sites (Fort Site, Moa
Nickel and OGP), both the Fort Site and Moa
Nickel have undergone annual (2019, 2020,
2021 and 2022) 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. More information is
available on Sherritt's website.

Sherritt's Website
Report the total percentage of operations that have been subject to human rights reviews or human rights impact assessments, by country 66.6667%
Local Communities - OGP
Operations with Local Community
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 Yes
Results of ongoing monitoring programs
developed subsequent to associated
Environmental Impact Assessment (EIA)
processes are disclosed to relevant regulatory
bodies, and, where applicable, in Sherritt's
Annual Sustainability Reports.
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 Does not apply.
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 Does not apply.
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 Does not apply.
Local Communities - Fort Site
Operations with Local Community
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 Does not apply.
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 Does not apply.
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 Does not apply.
Local Communities - MOA Nickel Site
Operations with Local Community
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 disclosed to relevant regulatory
bodies, and, where applicable, in Sherritt's
Annual Sustainability Reports.
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 Does not apply.
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 Does not apply.
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 Does not apply.
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
Percentage of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site 0.0000%


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
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 2022 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 Sherritt's operations have required
community resettlement to accommodate
business activities in the current reporting
year. Limited community resettlement was
required in past years due to tailings storage
activity at the Moa Nickel Site.

Data Table - Sites Where Resettlements Took
Place, The Number of Households Resettled In
Each, and How Their Livelihoods Were
Affected In The Process
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 In Cuba, Sherritt provided in-kind donations of
municipal infrastructure equipment to local
municipalities. Examples include personal
protection equipment, technological
equipment, water pumps, air conditioning units,
freezers and refrigerators, light posts, and the
installation of solar panels to electrify a rural
community.

In Canada, Sherritt supported services
including several Indigenous organizations,
food banks, women's shelters, skills training for
women, a children's hospital foundation,
addiction outreach programs and many others.
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 2022, Sherritt invested >CAD$1,000,000 in
local communities. 100% of community-based
donations were intended to align with local
community needs.

See 2022 sustainability report.
Types of investments
   •  In-Cash (Commercial)
   •  In-Kind
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 Not Applicable
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 2022, Sherritt invested >CAD$1,000,000 in
local communities.

100% of community-based donations were
intended to align with local community needs
as identified by local representatives.
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 the 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) Does not apply.
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
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
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:
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.
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 Other, please specify
Not at present. Sherritt will evaluate this step
as it advances progress on implementation of
Taskforce for Climate Related Financial
Disclosures (TCFD)-aligned recommendations
across the organization.
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 Other, please specify
Sherritt is currently completing TCFD-aligned
risk and opportunity assessments at each of the
operations. Refer to Sherritt's 2022 TCFD-
Aligned Climate Report for more information
on the climate-related risks and opportunities
identified to-date.
Opportunity Assessments
Have you identified any climate-related opportunities with the potential to have a substantive financial or strategic impact on your business Other, please specify
Sherritt is currently completing TCFD-aligned
risk and opportunity assessments at each of the
operations. Refer to Sherritt's 2022 TCFD-
Aligned Climate Report for more information
on the climate-related risks and opportunities
identified to-date.
Strategy
Have climate-related risks and opportunities influenced your organization’s strategy and/or financial planning Yes
General Disclosure
Governance structure and composition
Describe its governance structure, 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. Refer to 2022 Annual Information Form and
2022 Management Information
Circular.
2022 Annual Information Form

2022 Management Information Circular
List the committees of the highest governance body that are responsible for decision making on and overseeing the management of the organization’s impacts on the economy, environment, and people; e.g., the Board of Directors, the Executives, the Board Environment Committee, Board Safety Committee, the Advisory Committee, etc The Board of Directors and the Reserves,
Operations and Capital Committee of the
Board.
Delegation of responsibility for managing impacts
Describe whether the highest governance body has appointed any senior executives with responsibility for the management of organization’s impacts on the economy, environment, and people e.g., is it part of the Governance structure of the company, the CFO or internal audit reporting to the Board Yes
Describe whether the highest governance body has delegated responsibility for the management of impacts to other employees; The Board of Directors delegate this
responsibility to the Sherritt Executive Team.
Governance structure and composition
Describe the composition of the highest governance body and its committees by
Number of executive members 1
Number of non-executive members 6
Number of independent members 6
Less than 3 years of tenure of members on the governance body 4
3-6 years of tenure of members on the governance body 2
6-9 years of tenure of members on the governance body 0
More than 10 years of tenure of members on the governance body 1
Number of other significant positions and commitments held by each member, and the nature of the commitments Refer to 2022 Management Information
Circular.
2022 Management Information Circular
Number of Male governance body members 4
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 Sherritt established a publicly available target
of at least 30% women on its Board of Directors
by 2022. The organization has exceeded this
target by 13%.
Chair of the highest governance body
Is the chair of the highest governance body is also a senior executive in the organization No
Conflicts of Interest
Describe the processes for the highest governance body to ensure that conflicts of interest are prevented and mitigated Sherritt's Business Ethics Policy and Anti-
Corruption Policy provide clear guidance to our
workforce on what it means to act with
integrity. These policies cover conflicts of
interest, fraud and corruption, fair dealings,
protection and proper use of the company’s
assets, compliance with regulatory
requirements, disclosure, confidentiality, and
reporting mechanisms available to employees
and contractors. These policies are not
available publicly but may be provided upon
request.
Report whether conflicts of interest are disclosed to stakeholders, including, as a minimum, conflicts of interest relating to Yes
Cross-board membership Yes
Cross-shareholding with suppliers and other stakeholders No
Existence of controlling shareholder No
Related parties, their relationships, transactions, and outstanding balances No
Collective knowledge of highest governance body
Report measures taken to advance the collective knowledge, skills, and experience of the highest governance body on sustainable development., e.g., board training Refer to 2022 Management Information
Circular.
2022 Management Information Circular
Evaluation of Highest Governance Body
Describe actions taken in response to the evaluations, including changes to the composition of the highest governance body and organizational practices Refer to 2022 Management Information
Circular.
2022 Management Information Circular
Transparency
Describe the role of the highest governance body and of senior executives in developing, approving, and updating the organization’s purpose, value or mission statements, strategies, policies, and goals related to sustainable development Refer to 2022 Management Information
Circular.
2022 Management Information Circular
Describe the role of the highest governance body in overseeing the organization’s due diligence and other processes to identify and manage the organization’s impacts on the economy, environment, and people Refer to 2022 Management Information
Circular.
Describe whether and how the highest governance body engages with stakeholders to support these processes No
In 2022, external stakeholder input on material
topics was not sought, however this
information may be gathered in future
reporting years.
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
i. Total number of governance body members that the organization´s anti-corruption policies and procedures have been communicated to 7
ii. Total percentage of governance body members that have been communicated to on anti-corruption 87.5000%
1a. Total number of employees that have been communicated to on anti-corruption 533
1b. Total percentage of employees that have been communicated to on anti-corruption 61.5473%
Have the anti-corruption policies and procedures been communicated to any other persons or organizations The policies and procedures have been
communicated to the Board of Directors and
individuals who perform work for Sherritt.
i) Total number of governance body members that have received training on anti-corruption, broken down by region 7
ii.) Total percentage of governance body members that have received training on anti-corruption, broken down by region 87.5000%
Total number and percentage of employees that have received training on anti-corruption, broken down by employee category and region
1a. Total number of employees that received training on anti-corruption 492
MOA Nickel Site/Fort Site = 361 employees
received training
OGP = 34 employees received training
Corporate/Technologies/Other = 97
employees received training
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
Does not apply. In Cuba, all security is managed
by a state-run third party contractor. However,
Sherritt will continue to build awareness about
the Voluntary Principles on Security and
Human Rights with our Cuban partners and
relevant authorities, as appropriate.

Voluntary Principles on Security and Human
Rights
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 100.0000%
In 2022, the Fort Site secured a commitment
from their security contractor to have
consistent personnel on site and they are
increasing training two-fold toward Sherritt's
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
Does not apply. In Cuba, all security is managed
by a state-run third party contractor. However,
Sherritt will continue to build awareness about
the Voluntary Principles on Security and
Human Rights with our Cuban partners and
relevant authorities, as appropriate.
Report on whether training requirements also apply to third-party organizations providing security personnel Yes
General Disclosure
Highest Governance Body
Describe 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 2022 Management
Information Circular.
2022 Management Information Circular
Report the criteria used for nominating and selecting highest governance body members
Discuss whether and how: Views of the stakeholders (including shareholders) are involved The criteria used for nominating and selecting
highest governance body members is described
in the 2022 Management Information Circular.
Discuss whether and how: Diversity is considered The criteria used for nominating and selecting
highest governance body members is described
in the 2022 Management Information Circular.
Discuss whether and how: Independence is considered The criteria used for nominating and selecting
highest governance body members is described
in the 2022 Management Information Circular.
Discuss whether and how: Competencies relevant to the impacts of the organization are considered The criteria used for nominating and selecting
highest governance body members is described
in the 2022 Management Information Circular.
Evaluation of Highest Governance Body
Report whether such evaluation is independent or not, and its frequency Not Independent Quarterly
Highest Review Position
Report whether the highest governance body is responsible for reviewing and approving the reported information, including the organization’s material topics, and if so, describe the process for reviewing and approving the information The Reserves, Operations, and Capital
Committee of the Board of Directors
Communication of critical concerns
Describe whether and how critical concerns are communicated to the highest governance body Critical concerns are reported through
quarterly reports.
Report the number of critical concerns that were communicated to the highest governance body during the reporting period 0
Report the nature of critical concerns that were communicated to the highest governance body during the reporting period Not applicable. No critical concerns were
communicated to the highest governance body.
Remuneration
Report which of the following remuneration policies apply to the highest governance body and senior executives:
Fixed pay Yes
Variable pay Yes
Equity-based pay Yes
Deferred and vested shares Yes
Describe how the remuneration policies for members of the highest governance body and senior executives relate to their objectives and performance in relation to the management of the organization’s impacts on the economy, environment, and people Refer to 2022 Management Information
Circular.
2022 Management Information Circular
Describe the process for designing its remuneration policies and for determining remuneration Refer to 2022 Management Information
Circular.
How the views of stakeholders (including shareholders) regarding remuneration are sought and taken into consideration Refer to 2022 Management Information
Circular.
Describe whether remuneration consultants are involved in determining remuneration and, if so, whether they are independent of the organization, its highest governance body and senior executives Independent Consultants
Independent consultants have no other
relationship to the organization.
Report the results of votes of stakeholders (including shareholders) on remuneration policies and proposals, if applicable Refer to 2022 Management Information
Circular.
Anti-Corruption
Corruption Risks to Operations
i. Total number of operations assessed for corruption risks 0
Anti-Corruption due diligence audits were not
required to be conducted in 2022. Due
diligence audits were last conducted in 2021 in
accordance with Sherritt's Responsible
Sourcing and Supply Policy for the Metals
division only. OGP has not yet been subject to
these audit requirements.
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 Does not apply. No legal actions completed
during the reporting period.
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 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 The 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 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 Sherritt has a Whistleblower Policy and
grievance mechanism that allows any person
anywhere in the value chain to submit a
reportable concern anonymously and
confidentially through the system maintained
by the Corporation’s designated external
service provider. Contact details for reporting
any concerns are available at the link below.
Reportable Concerns
Provide a description of the assurance process for disclosures on tax and, if applicable, a reference to the assurance report, statement, or opinion 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 to 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 Completed through public disclosures including
the 2022 MD&A.
This document was prepared using
, Planet Earth's complete ESG reporting solution.