NovaGold Resources (NG) Proxy filing summary

Executive summary

• Proxy materials relate to a proposed transaction involving the acquisition of a 40% stake in the Donlin Gold project in Alaska.

• The transaction is expected to provide leveraged exposure to rising gold prices due to a sizable resource base.

• Forward-looking statements highlight anticipated synergies, expansion projections, and the need for regulatory, shareholder, and court approvals.

• The proxy statement will be filed with both the SEC and Canadian regulators, and will seek shareholder approval for the transaction.

Voting matters and shareholder proposals

• Shareholders will be asked to approve transaction-related proposals, including the acquisition of the Donlin Gold stake.

• Proxy materials will detail the interests of directors, officers, and other participants in the solicitation.

Board of directors and corporate governance

• Certain directors and executive officers are identified as participants in the proxy solicitation.

• Information on direct and indirect interests of directors and officers will be included in the proxy statement.