Seabridge Gold shareholders approve all board nominees at annual meeting

Seabridge Gold Inc. announced that all management nominees were elected to its board of directors at the annual general meeting held on June 24, 2026. A total of 63,228,532 common shares were represented at the meeting, accounting for 58.75% of the issued and outstanding common shares on the record date. All matters presented for approval were duly authorized.

Director Election Results

Shareholders voted to elect all ten nominees to the board. M. Colin Joudrie received the highest level of support with 99.72% of votes cast, while Rudi P. Fronk received 97.09%. The detailed voting results for each director are listed below.

Director	Votes For	Votes Against	Percentage For
Trace J. Arlaud	44,453,678	412,404	99.08%
Matthew Coon Come	44,399,730	466,351	98.96%
Rudi P. Fronk	43,559,389	1,306,693	97.09%
M. Colin Joudrie	44,738,869	127,214	99.72%
Melanie R. Miller	43,553,382	1,312,703	97.07%
Clem A. Pelletier	44,671,210	194,874	99.57%
Julie Robertson	44,598,624	267,461	99.40%
John W. Sabine	44,244,629	621,453	98.61%
Gary A. Sugar	44,086,557	779,527	98.26%
Carol T. Willson	43,817,184	1,048,901	97.66%

Auditor and Compensation Approvals

In addition to the director elections, shareholders appointed KPMG LLP as the auditor of the Company for the ensuing year, with 96.93% of votes cast in favor. The authorization for the directors to fix the auditor's remuneration was approved with 98.28% support. An advisory vote on the Corporation's approach to executive compensation also passed with 96.17% of votes in favor.

A total of 18,362,198 shares were recorded as "non-votes" under U.S. proxy rules. These shares were not cast regarding the election of directors, the auditor's remuneration, or the advisory vote on executive compensation.

The Supreme Court of British Columbia has confirmed that the BC Environmental Assessment Office's (EAO) determination regarding Seabridge Gold's KSM project was reasonable, while mandating further consultation with the Tsetsaut Skii km Lax Ha (TSKLH). The court upheld the finding that the project in northwestern British Columbia was substantially started as of July 24, 2024. The ruling requires the EAO to provide a 90-day period for TSKLH to submit written arguments before the substantial started determination is reconsidered.

The court dismissed a second petition filed by SkeenaWild Conservation Trust against the determination. Seabridge Chair and CEO Rudi Fronk stated that work at KSM would continue during the consultation process and EAO reconsideration. Fronk expressed satisfaction with the court's confirmation of the EAO determination's reasonableness and noted that permanent physical improvements at KSM have been significantly enhanced.

Financial Impact on KSM Project

Seabridge has continued to invest in the KSM project throughout the regulatory proceedings. Since applying for Substantially Started Status in January 2024, the company has incurred significant capital expenditures on permanent works.

Metric	Value
Additional expenditures (Jan 2024 onwards)	$208 million
Total expenditures at KSM	$1.2 billion

The company plans to continue executing its work plans for KSM and anticipates meeting with the EAO to receive updates on the additional consultation activities. Seabridge acknowledged the continued support of the Nisga'a and Tahltan Nations, and the Gitxsan Hereditary Chiefs Office for the project.

Project Overview

Seabridge Gold holds a 100% interest in several North American gold projects. Its principal assets include the KSM and Bronson Corridor projects located in British Columbia's Golden Triangle. The company's portfolio also features the Snowstorm project in Nevada's Getchell Gold Belt and the 3 Aces project in the Yukon.