Seabridge Gold(SA) - 2025 Q2 - Quarterly Report

Annual General Meeting (AGM) Results This section details the outcomes of Seabridge Gold's Annual General Meeting, including shareholder participation, director elections, and other approved resolutions Meeting Details and Shareholder Participation Seabridge Gold's Annual General Meeting (AGM) was held on June 25, 2025, with 70.15% of common shares represented. All matters presented for approval were duly authorized and approved by shareholders - The Annual General Meeting of shareholders was held on June 25, 2025[1] Shareholder Participation at AGM | Metric | Value | | :--- | :--- | | Total Common Shares Represented | 70,526,925 | | Percentage of Issued & Outstanding Shares | 70.15% | | Shares as "Non-votes" (U.S. proxy rules) | 16,457,945 | Director Elections All ten of management's nominees for the board of directors were elected by shareholders, with approval percentages ranging from 93.03% to 99.43% - All of management's nominees to the board of directors were elected[3] Director Election Results | Director | Votes For | Votes Against | Percentage For | | :--- | :--- | :--- | :--- | | Trace J. Arlaud | 53,457,425 | 611,555 | 98.87% | | Matthew Coon Come | 53,425,307 | 643,672 | 98.81% | | Rudi P. Fronk | 53,235,868 | 833,110 | 98.46% | | M. Colin Joudrie | 53,718,167 | 350,813 | 99.35% | | Melanie R. Miller | 53,703,236 | 365,744 | 99.32% | | Clem A. Pelletier | 53,720,659 | 348,321 | 99.36% | | Julie Robertson | 53,700,508 | 368,471 | 99.32% | | John W. Sabine | 50,297,813 | 3,771,166 | 93.03% | | Gary A. Sugar | 53,761,058 | 307,921 | 99.43% | | Carol T. Willson | 53,413,099 | 655,880 | 98.79% | Other Approved Resolutions Shareholders approved several key resolutions, including fixing the number of directors at ten, appointing KPMG LLP as auditor, authorizing directors to fix auditor remuneration, adopting a new By-law, and an advisory vote on executive compensation Other Resolutions Approved at AGM | Resolution | Percentage For | | :--- | :--- | | Fix Number of Directors at Ten | 99.14% | | Appointment of KPMG LLP as Auditor | 98.29% | | Authorization for Directors to Fix Auditor Remuneration | 98.64% | | Approval of New By-law | 63.44% | | Advisory Vote on Executive Compensation | 93.52% | Board Member Transitions and New Appointment Long-serving board members Mr. Jay Layman and Mr. Eliseo Gonzalez Urien have transitioned from the board to serve as advisors for an additional year. Mr. Colin Joudrie, with over 35 years of mining industry experience, has been appointed to the board - Long-time board members Mr. Jay Layman (over 13 years) and Mr. Eliseo Gonzalez Urien (19 years) have departed the board but will serve as advisors for an additional year to facilitate a smooth transition[2] - Mr. Colin Joudrie has joined the board, bringing over 35 years of experience in the mining industry, particularly in technical matters, joint venture negotiation, and large project development[5] Company Profile This section outlines Seabridge Gold's key North American gold projects and provides essential corporate contact information North American Gold Projects Seabridge Gold holds a 100% interest in several significant North American gold projects, including KSM, Iskut, Courageous Lake, Snowstorm, and 3 Aces, located in key mining regions across Canada and the US - Seabridge holds a 100% interest in several North American gold projects[6] - KSM and Iskut projects: Located in northwest British Columbia, Canada's "Golden Triangle" - Courageous Lake project: Located in Canada's Northwest Territories - Snowstorm project: Located in the Getchell Gold Belt of Northern Nevada - 3 Aces project: Located in the Yukon Territory Corporate Contacts and Disclaimer The release includes a standard disclaimer stating that stock exchanges do not accept responsibility for the adequacy or accuracy of the information, and provides contact details for the Chairman and CEO - Neither the Toronto Stock Exchange, New York Stock Exchange, nor their Regulation Services Providers accept responsibility for the adequacy or accuracy of this release[7] - Contact Person: Rudi P. Fronk, Chairman and C.E.O - Telephone: (416) 367-9292 - Fax: (416) 367-2711 - Email: info@seabridgegold.com