NOVAGOLD Announces Election of Directors and Voting Results from 2023 Virtual Annual General Meeting of Shareholders - Seite 3

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

Votes For		238,158,490	89.04%
Votes Against		28,767,073	10.75%
Abstentions		533,727			0.19%

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

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

Votes For		262,907,150	98.29%
Votes Against		4,010,460	1.49%
Abstentions		541,680			0.20%

Proposal 6 – 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	253,638,153	94.83%
Votes Against	13,317,773	4.97%
Abstentions	503,364	0.18%

Full details of all proposals are fully described in the Company’s Management Information Circular dated March 24, 2023 available on the Company’s website at www.novagold.com/investors/mic/, on SEDAR at www.sedar.com, 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

1-604-669-6227 or 1-866-669-6227