Management Information Circular

NOVAGOLD 2023 Management Information Circular (MIC)
Annual Report to Accompany 2023 MIC

NOVAGOLD 2023 Virtual Annual General Meeting of Shareholders
May 18, 2023 at 1:00pm PT (the “Meeting”)

NOVAGOLD Virtual Meeting and Shareholder Participation

Our 2023 Meeting will be held in a virtual format only. Shareholders may cast their vote in advance by proxy and participate from any geographic location with internet connectivity. We believe this is an important step to enhancing accessibility to our annual Meeting for all of our shareholders and reducing the carbon footprint of our activities.

Shareholders may view a live webcast of the Meeting and registered shareholders as well as duly appointed proxyholders may submit questions digitally during the Meeting at www.virtualshareholdermeeting.com/NG2023.

Questions may also be submitted to management and the Board prior to the Meeting via email at info@novagold.com. Shareholders are encouraged to log in to the Meeting 15 minutes prior to the scheduled start time. Have the 16-digit control number from your voting materials available when logging in to the Meeting.

NOVAGOLD’s 2023 Management Information Circular and Annual Report to Accompany the Management Information Circular are available on the Company’s website, www.novagold.com/investors/mic/, on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov.