Ms. Kristina Walcott reports

FREEGOLD VENTURES LIMITED - RESULTS OF THE ANNUAL GENERAL AND SPECIAL MEETING

All matters set out in the management information circular dated May 26, 2025, for the 2025 annual general and special meeting of shareholders, held on June 27, 2025, were approved by the shareholders holding 98,154,137 shares were voted, representing approximately 18.56 per cent of the outstanding shares of the company.

Nine nominees were elected as directors of Freegold. The detailed results of the vote for the election of directors are set out in the attached table.

The company's shareholders approved the appointment of Davidson & Company LLP, chartered professional accountants, as the company's auditor, as set forth in the management information circular.

The company's shareholders approved the company's new omnibus equity incentive plan.

Each of the matters voted upon at the meeting is discussed in detail in the company's information circular dated May 26, 2025, which is filed under the company's profile on SEDAR+.

Golden Summit project update

Drilling at Golden Summit is progressing well. Drilling is focused on resource definition, which includes both expansion and infill drilling, as well as geotechnical and metallurgical holes. Like the 2024 drill program, the current efforts aim to upgrade inferred resources to indicated status in preparation for the upcoming prefeasibility study, which is expected to commence later this year. An updated mineral resource estimate is expected to be finalized soon and the initial assay results from the 2025 drill program are also anticipated shortly.

The qualified person for this news release is Alvin Jackson, PGeo, vice-president of exploration and development for Freegold, who has approved the scientific and technical disclosure in this news release.

About Freegold Ventures Ltd.

Freegold is a Toronto Stock Exchange-listed company focused on exploration in Alaska. It holds the Golden Summit gold project near Fairbanks and the Shorty Creek copper-gold project near Livengood through leases.

We seek Safe Harbor.