Seabridge Gold Announces 2025 Corporate Objectives

Core Viewpoint - Seabridge Gold has outlined its 2025 objectives, which are critical for measuring the company's performance and determining compensation for senior management and employees [1][3]. Group 1: 2025 Objectives - The company aims to enter a partnership agreement for the KSM project with a major mining company, assigning a 25% weighting to this objective [2]. - Securing a minimum of $100 million in new funding for early-stage construction activities at KSM has been completed, with a 20% weighting [2]. - A drill program of at least 8,000 meters at Iskut is planned to announce a maiden gold-copper mineral resource at the Snip North target in Q1 2026, with a 10% weighting [2]. - The company intends to exit 2025 with more gold resources per common share than reported at year-end 2024, based on including 100% of KSM, with a 6% weighting [2]. - Completing and filing responses to contest two petitions in BC Supreme Court regarding KSM's designation is assigned a 5% weighting [2]. - Satisfying regulatory requirements for the M245 permit application for the Mitchell Treaty Tunnels is also weighted at 5% [2]. - The company aims to improve key Health and Safety indicators, targeting a Total Reported Incident Frequency (TRIF) of less than or equal to 1.5 for 2025, with a 5% weighting [2]. - Developing a strategy to unlock shareholder value from Courageous Lake is weighted at 5% [2]. - A drill program of at least 2,500 meters at 3 Aces is planned, with a 5% weighting [2]. - The company will continue to enhance Cybersecurity systems, targeting the elimination of remaining gaps, with a 2% weighting [2]. - Mine closure activities at the former Johnny Mountain mine will continue to meet regulatory satisfaction, weighted at 2% [2]. - Compliance with permit conditions and regulatory inspections is also weighted at 2% [2]. - Strengthening social licenses with Treaty and First Nations and local communities is assigned a 2% weighting [2]. - Maturing risk management programs and systems is weighted at 2% [2]. - Developing internal processes for compliance with Canadian Sustainability Standards Board guidelines is also weighted at 2% [2]. - Further evaluation of potential discoveries at Snowstorm using AI technology is assigned a 2% weighting [2]. Group 2: Company Overview - Seabridge Gold holds a 100% interest in several North American gold projects, with its principal assets being the KSM and Iskut projects located in Northwest British Columbia's "Golden Triangle" [2]. - Other projects include Courageous Lake in the Northwest Territories, Snowstorm in Northern Nevada's Getchell Gold Belt, and the 3 Aces project in Yukon [2].