NOVAGOLD Announces Election of Directors and Voting Results from 2025 Virtual Annual General Meeting of Shareholders
NOVAGOLD Announces Election of Directors and Voting Results from 2025
Virtual Annual General Meeting of Shareholders
• A total of 275,809,182 or 82.41% of the Company’s issued and outstanding shares were represented at the Meeting
• All three proposals to shareholders were approved, including the election of all director nominees
• During the 2025 proxy season, NOVAGOLD placed outreach calls to shareholders holding approximately 89.92% of the
Company’s issued and outstanding common shares entitled to vote
VANCOUVER, British Columbia, May 20, 2025 -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE
American, TSX: NG) is pleased to announce the detailed voting results on the items of business considered at its Annual
General Meeting of Shareholders held on May 15, 2025 (the “Meeting”). All proposals were approved and all director nominees
were elected. A total of 275,809,182 or 82.41% of the Company’s issued and outstanding shares were represented at the
Meeting.
Shareholder Engagement
During this year’s proxy outreach, NOVAGOLD placed calls to shareholders owning 50,000-plus shares who collectively hold
approximately 89.92% of the Company’s issued and outstanding common shares entitled to vote at the Meeting. Year-over-
year the input received from shareholders has helped shape and improve the Company’s governance and compensation
practices.
Shareholder Voting Results
The shareholders voted on the following matters at this year’s Meeting:
Proposal 1 – Election of Directors
The nominees listed in NOVAGOLD’s Management Information Circular were elected as Directors of the Company. Detailed
results of the votes are set out below:
Proposal 1 Outcome of the
Vote
Votes by Ballot
Election of Directors Votes For Votes Withheld
Dr. Elaine Dorward-King Carried
239,986,738
(93.96%)
15,404,215
(6.03%)
Dr. Diane Garrett Carried
254,240,686
(99.54%)
1,150,267
(0.45%)
Dr. Thomas Kaplan Carried
253,729,241
(99.34%)
1,661,712
(0.65%)
Hume Kyle Carried
253,542,768
(99.27%)
1,848,185
(0.72%)
Gregory Lang Carried
254,727,047
(99.74%)
663,906
(0.25%)
Kalidas Madhavpeddi Carried
217,206,485
85.04%
38,184,468
(14.95%)
Kevin McArthur Carried
251,050,731
(98.30%)
4,340,222
(1.69%)
Daniel Muñiz-Quintanilla Carried
240,152,210
(94.03%)
15,238,743
(5.96%)
Ethan Schutt Carried
254,459,505
(99.63%)
931,448
(0.36%)
Dawn Whitaker Carried
250,162,356
(97.95%)
5,228,597
(2.04%)
Proposal 2 – Appointment of Auditors
The vote was carried for the Appointment of the Auditors, PricewaterhouseCoopers LLP. The votes received by ballot were as
follows:
Votes For 270,813,418 98.18%
Votes Withheld 4,995,764 1.81%
Proposal 3 – Advisory Approval of Executive Compensation (“Say-on-Pay”)
The vote was carried on the Say-On-Pay Advisory Vote. The votes received by ballot were as follows:
Votes For 180,443,860 70.65%
Votes Against 73,007,164 28.58%
Abstentions 1,939,929 0.75%
Full details of all proposals are fully described in the Company’s Management Information Circular dated March 24, 2025
available on the Company’s website at www.novagold.com/investors/mic/, on SEDAR+ at www.sedarplus.ca, and on EDGAR
at www.sec.gov, and the detailed results of voting on each proposal are included in the Report of Voting Results filed on
SEDAR+ and in the 8-K filed on EDGAR.
The Annual General Meeting of Shareholders webcast and corporate presentation are available on NOVAGOLD’s website
under Presentations.
NOVAGOLD Contacts:
Mélanie Hennessey
Vice President, Corporate Communications
Frank Gagnon
Manager, Investor Relations
1-604-669-6227 or 1-866-669-6227