Change to Index Tracked by Sprott Junior Gold Miners ETF (SGDJ)

9/18/2025

NEW YORK, September 18, 2025 Sprott Asset Management USA, Inc., a wholly-owned subsidiary of Sprott Inc., today announced a slight modification to the index that Sprott Junior Gold Miners ETF (NYSE Arca: SGDJ) tracks.  Gold miners, as measured by the Solactive Junior Gold Miners Custom Factors Index, have returned more than 90%, year-to-date, as of September 16, 2025. This strong performance has led to an increase in market capitalization of the index constituents, causing many junior gold miners to rise above the $2 billion market capitalization ceiling as outlined in Section 2.1 of the index methodology. In response to this development in the gold market and to preserve the integrity and the implementability of the Index’s weighting methodology, Solactive AG announced a one-off adjustment to the guideline of the Index, which SGDJ tracks. This change affects the security-level market capitalization requirement as outlined in Section 2.1 of the index methodology.

Notably, the minimum market capitalization threshold for eligible securities will be revised from below USD $2 billion to below USD $3 billion. This adjustment is being implemented at the next scheduled rebalance as a one-time change and does not represent an ongoing modification to the index methodology.

About Sprott Asset Management USA, Inc.

Sprott Asset Management USA, Inc. is a wholly-owned subsidiary of Sprott Inc. (“Sprott”). Sprott is a global asset manager focused on precious metals and critical materials investments. We are specialists. We believe our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California. For more information, please visit www.sprott.com.

Contact:
Glen Williams
Senior Managing Partner
Investor and Institutional Client Relations
Direct: (416) 943-4394
gwilliams@sprott.com

Dan Gagnier
Gagnier Communications
Direct: (646) 569-5897
sprott@gagnierfc.com

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An investor should consider the investment objectives, risks, charges, and expenses of each fund carefully before investing. To obtain a fund’s Prospectus, which contains this and other information, contact your financial professional, call 1.888.622.1813 or visit SprottETFs.com. Read the Prospectus carefully before investing.

Exchange Traded Funds (ETFs) are considered to have continuous liquidity because they allow for an individual to trade throughout the day, which may indicate higher transaction costs and result in higher taxes when fund shares are held in a taxable account.

The funds are non-diversified and can invest a greater portion of assets in securities of individual issuers, particularly those in the natural resources and/or precious metals industry, which may experience greater price volatility. Relative to other sectors, natural resources and precious metals investments have higher headline risk and are more sensitive to changes in economic data, political or regulatory events, and underlying commodity price fluctuations. Risks related to extraction, storage and liquidity should also be considered.

Shares are not individually redeemable. Investors buy and sell shares of the funds on a secondary market. Only market makers or “authorized participants” may trade directly with the fund, typically in blocks of 10,000 shares.

Sprott Asset Management USA, Inc. is the Investment Adviser to the Sprott ETFs. ALPS Distributors, Inc. is the Distributor for the Sprott ETFs and is a registered broker-dealer and FINRA Member.

ALPS Distributors, Inc. is not affiliated with Sprott Asset Management USA, Inc.

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