NovaGold Resources (NG) Proxy filing summary

Executive summary

• Announced appointment of Endeavour Financial and Macquarie Capital as financial advisors for the Donlin Gold project to support project and infrastructure financing.

• Entered into definitive agreements to acquire 100% of Donlin Gold, aiming to streamline decision-making and enhance access to capital.

• Financing initiatives are being advanced in parallel with the Bankable Feasibility Study to improve readiness for construction.

• Forward-looking statements highlight expectations for transaction outcomes, regulatory approvals, and operational synergies.

Voting matters and shareholder proposals

• Proxy statement will be filed seeking shareholder approval for the proposed transactions related to the Donlin Gold acquisition.

• Shareholders are urged to review the proxy statement and related documents for important information about the transactions.

Board of directors and corporate governance

• Certain directors, executive officers, and employees may participate in the solicitation of proxies for the proposed transactions.

• Information about directors, executive officers, and their interests will be included in the proxy statement.