NOVAGOLD Announces Election of Directors and Voting Results from 2025 Virtual Annual General Meeting of Shareholders

Core Points - NOVAGOLD Resources Inc. announced the results of its Annual General Meeting of Shareholders held on May 15, 2025, where all proposals were approved and all director nominees were elected [1][5] - A total of 275,809,182 shares, representing 82.41% of the Company's issued and outstanding shares, were represented at the Meeting [1][5] Shareholder Engagement - During the proxy outreach, NOVAGOLD contacted shareholders owning over 50,000 shares, who collectively hold approximately 89.92% of the Company's voting shares [2][5] - The input from shareholders has contributed to improvements in the Company's governance and compensation practices year-over-year [2] Shareholder Voting Results Proposal 1 – Election of Directors - All nominees listed in the Management Information Circular were elected as Directors, with the following vote outcomes: - Dr. Elaine Dorward-King: 93.96% votes for [3] - Dr. Diane Garrett: 99.54% votes for [3] - Dr. Thomas Kaplan: 99.34% votes for [3] - Hume Kyle: 99.27% votes for [3] - Gregory Lang: 99.74% votes for [3] - Kalidas Madhavpeddi: 85.04% votes for [3] - Kevin McArthur: 98.30% votes for [3] - Daniel Muñiz-Quintanilla: 94.03% votes for [3] - Ethan Schutt: 99.63% votes for [3] - Dawn Whitaker: 97.95% votes for [3] Proposal 2 – Appointment of Auditors - The appointment of PricewaterhouseCoopers LLP as auditors was approved [4] Proposal 3 – Advisory Approval of Executive Compensation ("Say-on-Pay") - The advisory vote on executive compensation received the following results: - Votes For: 180,443,860 (70.65%) - Votes Against: 73,007,164 (28.58%) - Abstentions: 1,939,929 (0.75%) [6]