Sprott's Board of Directors is committed to thorough and effective corporate governance standards. The Company believes that sound corporate governance practices are in the interest of all stakeholders and contributes to prudent and effective decision-making by both the Board and Management. The Board regularly reviews and monitors Sprott's governance policies and practices and is committed to delivering value to shareholders as it assumes the explicit responsibility of stewardship of the Company.
The Board of Directors is comprised of nine directors, a majority of whom are independent directors. The following are independent: Mr. Jack C. Lee, Mr. Marc Faber, Ms Sharon Ranson, Mr. James T. Roddy and Ms Rosemary Zigrossi. The following are not independent: Mr. Eric Sprott (who is Chairman of the Company), Mr. Peter Grosskopf (who is Chief Executive Officer of the Company), and Mr. Rick Rule (who is Chief Executive Officer of Sprott U.S. Holdings Inc.). Mr. Lee, an independent director, has been appointed as lead director.