International Tower Hill Mines Announces Results from 2023 Annual General Meeting of Shareholders

1177 West Hastings Street

Suite 2300

Vancouver, BC

Canada V6E 2K3

Tel: 604.683.6332

Fax: 604.408.7499

www.ithmines.com

NR23-03 May 24, 2023

International Tower Hill Mines Announces Results from

2023 Annual General Meeting of Shareholders

Vancouver, British Columbia, May 24, 2023 – International Tower Hill Mines Ltd. (the “Company”) - (TSX:

ITH) (NYSE American: THM) announces the results from its 2023 A nnual General Meeting of shareholders

held in Vancouver, B.C. on Tuesday, May 23, 2023 (“Meeting”).

At the Meeting, the Company’s shareholders fixed the size of th e board at six and elected the following

individuals as directors of the Company, with all receiving a majority of the votes cast, as follows:

Director Votes For Votes Withheld

Anton Drescher 108,705,702 (91. 21%) 10,479,565 (8.79%)

Karl Hanneman 118,643,698 (99.55%) 541,569 (0.45%)

Stuart Harshaw 109,623,895 (91.98%) 9,561,372 (8.02%)

Marcelo Kim 108,658,993 (91.17%) 10,526,274 (8.83%)

Christopher Papagianis 117,128,771 (98.27%) 2,056,496 (1.73%)

Thomas Weng 118,050,005 (99.05%) 1,135,262 (0.95%)

The shareholders re-appointed the current auditors, Davidson & Company LLP, Chartered Accountants, as

auditors of the Company for the fiscal year ending December 31, 2023 and authorized the directors to fix their

remuneration.

The shareholders approved, on an advisory non-binding basis, th e compensation paid to the Company’s

executive officers (98.59% majority).

The detailed proxy voting on all resolutions submitted to the s hareholders at the Meeting is contained in the

“Report of Voting Results” for the Meeting which will be availa ble under the Company’s profile on SEDAR

and on the Company’s website or upon request by contacting the Company at (855) 428-2825.

About International Tower Hill Mines Ltd.

International Tower Hill Mines Ltd. controls 100% of the Liveng ood Gold Project located along the paved

Elliott Highway, 70 miles north of Fairbanks, Alaska.

On behalf of

International Tower Hill Mines Ltd.

(signed) Karl L. Hanneman

Chief Executive Officer

Contact Information: Richard Solie, Jr., Manager - Investor Rel ations

E-mail: [email protected]

Direct line: 907-328-2825 Toll-Free: 1-855-428-2825

This news release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United

States.