NovaGold Resources (NG) Proxy filing summary

Executive summary

• Special meeting set for Nov. 3, 2026, to consider previously announced transactions, including an all-share acquisition of Paulson’s remaining 40% Donlin Gold interest.

• Shareholders urged to submit proxies before the Oct. 30, 2026 cutoff; the circular and definitive proxy statement were filed Oct. 5, 2026.

Voting matters and shareholder proposals

• Board unanimously recommends voting FOR the proposed resolutions and asks shareholders to review the transaction benefits, board rationale, meeting matters and voting procedures.

Risk oversight and compliance

• Transaction completion is conditional on required regulatory, shareholder, court and stock exchange approvals, plus customary closing conditions.

• Forward-looking assumptions include transaction synergies, expansion plans, Donlin Gold production, working capital, financing, cost estimates, permits, infrastructure and updated studies.

• Key risks include permitting and financing, cost increases, metal prices and FX, geology and recovery, construction hazards, and cooperation with governments, Native groups and project owners.