NOVAGOLD Announces Election of Directors and Voting Results from 2026 Virtual Annual General Meeting of Shareholders

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  • A total of 326,713,666 or 74.45% of the Company’s issued and outstanding shares were represented at the Meeting
  • All seven proposals to shareholders were approved, including the election of all director nominees
  • During the 2026 proxy season, NOVAGOLD placed outreach calls to shareholders holding approximately 96% of the Company’s issued and outstanding common shares entitled to vote

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VANCOUVER, British Columbia, May 19, 2026 (GLOBE NEWSWIRE) — 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 14, 2026 (the “Meeting”). All proposals were approved and all director nominees were elected. A total of 326,713,666 or 74.45% of the Company’s issued and outstanding shares were represented at the Meeting.

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Shareholder Engagement

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During this year’s proxy outreach, NOVAGOLD placed calls to shareholders owning at least 45,000 shares each, who collectively hold approximately 96% of the Company’s issued and outstanding common shares entitled to vote at the Meeting. Additionally, a digital broadcast message was sent out to shareholders holding at least 5,000 shares, enabling efficient outreach in addition to phone calls. Year-over-year the input received from shareholders has helped shape and improve the Company’s governance and compensation practices. The Company will again be conducting post-proxy outreach in the Fall to gather additional insight from its shareholders to continue to improve upon its disclosure, governance, and compensation practices.

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Shareholder Voting Results

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The shareholders voted on the following matters at this year’s Meeting:

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Proposal 1 – Election of Directors

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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:

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Proposal 1Outcome of theVotes by Ballot
Election of Directors Vote
Votes ForVotes Withheld
Dr. Elaine Dorward-KingCarried270,754,327
(91.45%)
25,284,174
(8.54%)
Ali ErfanCarried293,934,428
(99.28%)
2,104,073
(0.71%)
Dr. Thomas KaplanCarried287,599,587
(97.14%)
8,438,914
(2.85%)
Hume KyleCarried292,361,355
(98.75%)
3,677,146
(1.24%)
Gregory LangCarried294,213,852
(99.38%)
1,824,649
(0.61%)
Kalidas MadhavpeddiCarried262,931,112
(88.81%)
33,107,389
(11.18%)
Kevin McArthurCarried294,672,498
(99.53%)
1,366,003
(0.46%)
Daniel Muñiz-QuintanillaCarried270,538,731
(91.38%)
25,499,770
(8.61%)
Ethan SchuttCarried287,980,445
(97.27%)
8,058,056
(2.72%)
Dawn WhitakerCarried288,601,466
(97.48%)
7,437,035
(2.51%)

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Proposal 2 – Appointment of Auditors

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The vote was carried for the Appointment of the Auditors, PricewaterhouseCoopers LLP. The votes received by ballot were as follows:

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Votes For317,132,16797.06%
Votes Withheld9,581,4992.93%

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Proposal 3 – Approve amendment to the Stock Award Plan and all unallocated entitlements thereunder

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The vote was carried for the Stock Award Plan. The votes received by ballot were as follows:

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Votes For255,153,94686.18%
Votes Against40,312,81913.61%
Abstentions571,7360.19%

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Proposal 4 – Approve all unallocated entitlements under the Performance Share Unit Plan

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The vote was carried for the Performance Share Unit Plan. The votes received by ballot were as follows:

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Votes For264,889,27089.47%
Votes Against30,721,91810.37%
Abstentions427,3130.14%

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Proposal 5 – Approve all unallocated entitlements under the Deferred Share Unit Plan

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The vote was carried for the Deferred Share Unit Plan. The votes received by ballot were as follows:

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Votes For268,987,46990.86%
Votes Against26,642,8438.99%
Abstentions408,1890.13%

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Proposal 6 – Advisory Approval of Executive Compensation (“Say-on-Pay”)

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